Redevelopment of 50-Acre Mixed-Use Property in Doral

Shoma Development Corp.
Representation of Shoma Development in the redevelopment of the former Ryder Headquarters, a 50-acre property just west of Miami International Airport in Doral, Florida, now known as Park Square. The property consists of 250,000 square feet of commercial space, 930 dwelling units, and 200,000 square feet of office space.
RELATED PEOPLE
Howard E. Nelson
Partner, Head of Environmental Practice
Stanley B. Price
Chair, Land Development & Government Relations Practice Group
Brian S. Adler
Partner
Krista D. DeCastro
Of Counsel
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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...
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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...
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Representation of the Official Committee of Unsecured Creditors in the chapter 11 case of Poinciana Development, a developer of more than 500 single family homes in Southwest Miami-Dade County, Florida, who ran out of construction financing and was unable complete the development of the last 34 home...
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