South Florida-based Terra is set to break ground on Upland Park, a $1 billion mixed-use community that will connect to West Miami-Dade County’s Dolphin Park-and-Ride/Transit Terminal Facility. 

The developer recently secured a $170 million construction loan, led by SCALE Lending, the debt-financing arm of Slate Property Group, to begin work on the first phase, which will bring 578 apartments to market. 

Billed as the largest public-private, transit-oriented development in Miami-Dade County’s history, Upland Park is designed to boost ridership while anchoring the new East-West Corridor of the county’s SMART Program for public transportation.  

At full build-out, the master-planned development will have more than 2,000 new mid-rise and garden-style apartments, 282,000 square feet of retail and approximately 414,000 square feet of commercial space. 

Upland Park was designed by PPK Architects in collaboration with master-plan architect Arquitectonica and urban planner Plusurbia Design. 

“Securing this financing marks a major milestone in bringing Upland Park to life and allows us to move forward with the first phase of a transformative project that will reshape the West Miami-Dade area,” Terra CEO David Martin said in a release. “We are grateful to Miami-Dade County for their support and partnership, which highlights what can be achieved through effective public and private collaboration.  

“As an example of the growing demand for mixed-use, transit-connected communities, Upland Park will not only create jobs and generate new tax revenues, but it will also help drive economic growth and mobility solutions in the county for decades to come.”