Photo Credit: MG Developer MG Developer, a premier residential property development company based in Coral Gables, FL, and is considered to be one of South Florida’s most prominent residential developers, has recently received approval for its 552-unit project known as Doral Parc: Midtown Doral Phase IV, V & VI . This joint venture is between MG Developer, which is led by Alirio Torrealba, and esteemed Latin American real estate investor Ernesto De Lucas, who also founded regional firm Delcop. The JV was given the green light from the City of Doral city council after establishing a need for innovative residences at scale within the Doral community.
“We are thrilled to receive approval to move forward with what will become one of Doral’s most transformative projects to date,” said Alirio Torrealba, CEO of MG Developer. “Working on this development alongside Ernesto De Lucas will elevate the city’s standard of living and status as one of South Florida’s most desirable places to live.” Doral Parc, a prime mixed-use development with retail, residential, and parking, is looking to complement Doral’s recreational and family-centric lifestyle.
There will be 552 units across three 10-story buildings, in addition to 22,740 sq. ft. of retail throughout two new parking garages.
The development will be located on the east side of NW 107th Avenue, between NW 86th Street and NW 90th Street, and will feature a mixture of one, two, and three-bedroom apartments, all of which.