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Terra nabs permanent financing for Centro City project in Miami-Dade County

New apartments, redeveloped shopping center secure $291 million from two lenders
Terra has completed phase one of Centro City with tenants expected to move into the project's initial 470 apartments in March. (Terra)
Terra has completed phase one of Centro City with tenants expected to move into the project's initial 470 apartments in March. (Terra)
CoStar News
January 6, 2025 | 10:20 P.M.

Miami-based developer Terra has secured $291 million in permanent financing from two lenders for the first phase of Centro City, a 38-acre mixed-use development in the heart of Miami-Dade County.

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