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 m loan. 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. Triton Center would encompass a 139-room hilton garden inn hotel, 324 apartments, approximately 585 parking spaces, and 25,000 square feet of commercial space.
Triton Center rendering 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. Three entities managed by Ye Zhang – Florida Fullview Immigration Building, Fullview Immigration Building I and Wealthy Delight – borrowed the money from an affiliate of Madison Realty Capital..
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Developer of mixed-use project in Miami obtains $26M loan. Triton Center will have a 139-room Hilton Garden Inn, 324 apartments, 25,000 square feet of commercial space and about 585 parking spaces. The project was designed by Stantec. The building from 1962 will be incorporated into the project, and a new residential building will be constructed.