Terra Lands $170M Construction Loan for Upland Park Project: A Major Development in the Works

Terra Lands $170M Construction Loan for Upland Park Project: A Major Development in the Works

Terra is gearing up to begin construction on Upland Park, a massive $1 billion mixed-use community that will completely transform the Dolphin Park-and-Ride/Transit Terminal Facility in West Miami-Dade County. This 47-acre development will serve as a hub for various modes of transportation and feature residential, retail, and commercial components. The project has been made possible by a $170 million construction loan provided by SCALE Lending, Slate Property Group’s debt financing division. These funds will be used to kickstart the first phase of the project which includes 578 multifamily apartments.

Construction on Upland Park’s initial phase is slated to commence in early 2025.

The design for Upland Park was created through collaboration between PPK Architects, master plan architect Arquitectonica, and urban planner Plusurbia Design. This transit-oriented development aims to bring over 2

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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