MIAMI—Terra Group has been massively successful with its business model and its projects are helping transform South Florida neighborhoods. So how do the company's principals decide where to place their development bets?

GlobeSt.com caught up with David Martin, president of Terra, to get his thoughts on this question. He also discusses how buyer bases different and the firm's North Beach condo project in part two of this exclusive interview. You can still read part one: Terra Group Reveals its Secret Sauce.

GlobeSt.com: You have projects underway in both urban and suburban neighborhoods. How do you identify development sites and decide the best use of those sites?

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