Developer of Triton Center project in Miami at former INS building obtains $26M loan – South Florida Business Journal

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Planned Redevelopment Of Former INS Location In Miami Draws $26M Loan By ADMIN / 15 Jan 2018 / No Comments Developers planning to redevelop a former home of the U.S. Immigration and Naturalization Service (INS) in Miami borrowed $26 million to finance the project.

Planned redevelopment of former INS location in Miami draws $26M loan. In 2013, the developers paid $12.5 million for the former INS location at 7880 Biscayne Boulevard, which the federal agency vacated in 2008. The developers have razed the building the INS occupied and plan to turn the 1.4-acre property into a mixed-use development called Triton Center, designed by Stantec.

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Developer of mixed-use project in Miami obtains $26M loan. The INS relocated from the 1.4-acre site at 7880 Biscayne Blvd in 2008. The developers acquired it for $12.5 million in 2013. Construction on the 12-story adaptive reuse and expansion project started in 2015 and is ongoing. Triton Center will have a 139-room hilton garden Inn,

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Developer of Triton Center project in Miami at former INS building obtains $26M loan – South Florida Business Journal South Florida-based developer Adler Group LLC wants to build its first project along the Miami River. Adler wants to build on about 4.7 acres, which include a site it owns at 230 SW Third St. and two adjacent sites, 444 and.

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