Groundbreaking Planned For Largest Public-Private Transit-Oriented Development In Dade History

Terra has secured a $170 million loan to fund the first phase of Upland Park, with SCALE Lending, the debt financing division of Slate Property Group, providing the financing.

Upland Park is set to be a massive $1 billion project, featuring over 2,000 mid-rise and garden-style apartments, roughly 282,000 square feet of retail space, and around 414,000 square feet of additional commercial facilities.

The development will transform the Dolphin Park-and-Ride/Transit Terminal Facility in West Miami-Dade County into a 47-acre, multimodal transit hub. This hub will serve as the terminus for the East-West Corridor of Miami-Dade’s SMART public transportation plan.

The first phase of the project will consist of 578 multifamily apartments.

The development is being designed by PPK Architects, in partnership with master plan architects Arquitectonica and urban planner Plusurbia Design.

Groundbreaking is scheduled for early 2025.

Source: The Next Miami