MIAMI (June 30, 2025) – Holland & Knight advised Doral Costa Capital LLC in securing approval for Oasis at Doral, a $700 million mixed-use development and the first project approved under Florida's Live Local Act in the City of Doral. The project was approved by city officials on June 10, 2025. Holland & Knight Partners Vanessa Madrid and Joseph Goldstein led the Firm's representation of Doral Costa.
Oasis at Doral will include 623 apartments and 156,900 square feet of commercial space across eight new buildings. In accordance with the Live Local Act, 40 percent of the residential units will be designated as workforce housing.
The project will be located on an 18-acre site at 4090 N.W. 97th Ave. and 9800 and 9850 N.W. 41st St. Two existing office buildings totaling 287,000 square feet will remain, while a 20,778-square-foot bank/medical office building will be demolished. The project is expected to enhance the surrounding area by adding new amenities and housing options adjacent to the existing office space, which is currently 94 percent leased to tenants including World Fuel, GE and Samsung.
As part of Holland & Knight's legal representation, a settlement agreement was reached between the property owner(s) and the City of Doral in 2023 to allow the project to proceed, despite a temporary development moratorium. The project was designed by Miami-based architecture firm Arquitectonica, and a building permit application has already been filed. Construction is expected to begin in five months.
Doral Costa is an affiliate of The Apollo Companies, a multi-faceted real estate development, construction, management firm providing high-quality services throughout Florida.