Miami partner Alexander Tachmes was recently quoted in The Real Deal and the South Florida Business Journal about a new town hall and civic center proposed for Surfside.
The proposal, submitted by Pointe Development Group and Monceau Realty Group, calls for a ground lease between the town and the developer. Pointe Development and Monceau would finance construction of the $33.5 million development with about $10 million of their own equity and a construction loan for the rest, Alex said.
The proposal, which includes a new police station, Class A office space, retail and restaurant space and public parking, will be considered by the commission in late September.
To read the full article in The Real Deal, please click here. To read the full article from the South Florida Business Journal, please click here.
About Alexander I. Tachmes
Alexander I. Tachmes is a partner in the Miami office of Shutts & Bowen LLP, where he is Chair of the Land Use and Government Relations Practice Group and a member of the Real Estate Practice Group. A Martindale-Hubbell AV® rated attorney, Alex concentrates his practice on governmental matters, including land use and zoning, public-private transactions, competitive bidding and lobbying, and commercial real estate transactions, including hospitality matters.