Nexus riverside approved and seT to break grouNd in Q4 2020

Adler Developments’ Nexus Riverside is coming to the Miami River after having been approved by Miami city commissioners. The developers plan to break ground in Q4 of 2020 and will bring 4 towers set o be completed in 5-7 years. Nexus Riverside will feature rental apartments, retail space, a shared parking garage and a 230,000 SF administrative building which will replace the City of Miami’s neighboring offices. Adler Developments will receive $150 million in tax exempt and taxable special obligation bonds which will help finance the development of the city’s new administrative building. Greenberg Traurig’s Nancy Lash and Ryan Bailine represented Adler Developments to structure the deal.