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Rilea Group Hints at New Miami Development

MIAMI-Rilea Group CEO Alan Ojeda tells GlobeSt.com's Jennifer LeClaire that he plans to build a residential project on Brickell.

By Jennifer LeClaire | Updated on March 14, 2011

MIAMI-While some developers are sidelined, Rilea Group is actively working on three fee-for-development projects. The veteran development firm, which has built iconic projects like 1450 Brickell, Sabadell Financial Center and One Broadway, is also getting ready to dust off some of its own development plans. In fact, Rilea owns three prime pieces of land that are poised for class A construction.

In part one of this interview, Alan Ojeda, CEO of Rilea Group, discussed why the firm ventured into fee-for-development projects. In this segment, Ojeda talks about Rilea’s next project, what sectors are ripe for development, and when investors might look to come off the sidelines and build new projects in Downtown Miami.

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