Development of $300 Million Coral Gables City Center P3 Project

Coral Gables City Center LLC

Representation of Coral Gables City Center, a joint venture between The Allen Morris Company and The Related Group, in response to a Request for Proposal by the City of Coral Gables for a mixed-use public-private partnership project to redevelop two public municipal garage sites with private development. Guided client through the multiple stage process, resulting in recommendation by the Coral Gables Evaluation Committee and approval of the project by the Coral Gables City Commission. The end product will include two buildings, a state-of-the-art municipal garage totaling 750 parking spaces and a 245-unit residential tower. Both buildings include significant ground floor retail. Total project costs are anticipated to be in the $300 million range.

Albert E. Dotson, Jr.
Chief Executive Officer & Managing Partner
Eric Singer
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
Representation of Oleta Partners, LLC, a joint venture comprised of affiliates of the LeFrak Organization and Turnberry Associates, in the successful negotiation of the long-term ground lease and complicated leasehold financing for a 185-acre brownfields redevelopment site in the City of North Miami...
Representation of diversified automotive company in over $3.8 billion of various financing matters including the securitization of retail and lease installment contracts, and negotiation of working capital lines of credit and conduit lending facilities.