Miami

A "special area plan" is a zoning process in Miami 21 that allows a developer that assembles over nine acres of land to apply for the right to build at much greater height and density than would otherwise be allowed.

The Colliers business unit has acquired the Miami-based, transportation engineering and design firm, Bolton Perez & Associates.

Upon debuting in London in 2019, SH Hotels & Resorts' Treehouse Hotel will open its 62-story hotel in Miami's Brickell neighborhood in 2023.

"The surge in sales reaffirms our belief in the region as a critical global gateway for business, travel and tourism, and residential living," said Vanessa Grout, CEO of OKO Real Estate. "I have no doubt that Miami and the South Florida region have longevity and will continue to prosper."

Southport Financial, one of the largest affordable housing investors in the country, purchased The Sands at St. Lucie in Fort Pierce for $32.2 million.

Here's a snapshot of three fresh South Florida projects, jump-started with a total of $9.3 million in loans.

GlobeSt.com spoke with R&B Realty Group's Head of Development and Acquisitions, Shelby Rosenberg, on this trend. Here is what we learned.

"Grove Central is a model for the future of development and mobility in Miami-Dade County," Miami-Dade County Mayor Daniella Levine Cava said.