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LeFrak, Turnberry Team on Massive Development

MIAMI—The joint venture project is zoned for 4,390 residential units and over 1 million square feet of retail and commercial space. Get all the details.

By Jennifer LeClaire | Updated on March 15, 2015

MIAMI—Visionary Richard LeFrak is tag teaming with Turnberry Associates principals to develop a 183-acre site at 15045 Biscayne Boulevard in North Miami. The joint venture between LeFrak, chairman and CEO of the firm that carries his name, and Turnberry’s Jeffrey and Jackie Soffer aims to tap the synergies of two multi-generational companies to build an iconic neighborhood in South Florida. The site represents the largest undeveloped parcel of land East of Biscayne Boulevard in South Florida.

“You have great cultural and great culinary, a great beach, a financial sector, and the second busiest airport in the country,” LeFrak told Shalala and conference attendance at the standing room University of Miami Impact Conference 2015 in February. “You are a global city and your market here is the world. People will look back at this time as a transformational period for this city.”

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