July 10, 2014
Wharton Equity Partners and and Mack Real Estate Group are planning a 500,000 square foot, 195-unit project across from Midtown Miami on land that abuts I-195.
The partnership paid $9 million for the property earlier this year, along with an undisclosed amount to contract flipper Terra Group.
Terra had plans for a retail project called The District 36. The new plans will also include a significant amount of retail space.