Coastland Acquires Miami-Dade Apartment Site for $14.5 Million

Coastland Acquires Miami-Dade Apartment Site for $14.5 Million
Coastland Acquires Miami-Dade Apartment Site for $14.5 Million

**Coastland Construction to Develop 366-Unit Apartment Complex Near Tropical Park**

Coastland Construction is moving forward with plans to build a 366-unit apartment complex on a recently acquired property in Miami-Dade County. The company paid $14.5 million for 4.37 acres near Tropical Park, according to the South Florida Business Journal.

The site, previously owned by Leal Capital, currently features 111,000 square feet of industrial space, which will be demolished to make way for the new residential development. This project is part of a broader plan by Coastland, which in 2024 proposed a total of 780 apartments across this site and a neighboring parcel also formerly owned by Leal Capital.

Coastland Construction, headquartered in Florida with three regional offices, has a strong portfolio of developments. Notable past projects include Casamar in Pompano Beach, Miami World Tower I, and the Four Seasons Fort Lauderdale. The company boasts the completion of 60 hotel projects and the construction of over 15,000 residential units to date.

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