Statura Intelligence
BPG Secures Further Financing for ‘Merrick Parc’ at 3898 Shipping Avenue, Miami, Florida
Developer Baron Property Group is one step closer to realizing a long-anticipated project in Miami. The firm, now working in partnership with LargaVista Companies, secured $30 million in construction financing for Merrick Parc.
Developer Baron Property Group is one step closer to realizing a long-anticipated project in Miami. The firm, now working in partnership with LargaVista Companies, secured $30 million in construction financing for Merrick Parc. While the venture is not close to starting vertical construction, the loan bodes well for the development’s future.
Original plans for Merrick Parc in 2022 called for two 20-story towers that would feature about 450 residences. Now, updated plans call for two 32-story towers that would host 806 units. …
Opening excerpt. Read the full story at Newsdata · Miami-Dade ↗
Sourced from Newsdata · Miami-Dade · indexed by Statura on June 5, 2026. Statura indexes Florida political news and tags it by industry and jurisdiction so government-affairs teams can monitor signal without scanning every outlet by hand. Read the full story at Newsdata · Miami-Dade ↗
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