Episode
Raleigh Miami Beach Expansion Moves Forward | Real Estate News
- Published
- Jul 8, 2026
- Duration seconds
- 90
- Processing state
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- https://sources.thednn.ai/f5f8fff447eb6c7c
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Summary
Nahla Capital is pushing forward with a major expansion of the Raleigh Miami Beach project, acquiring the property for $270 million and seeking to add 66,000 square feet by topping out the residential tower with two extra floors. The planning board recommended approval — though one member voted no — while the hotel’s history as a five-time owner in 15 years and its closure since 2017 adds context. The new plan reduces hotel rooms but increases condos and includes a private members’ club. Critics, including the Shelborne hotel reps, argue the height clashes with the neighborhood and question if the city is prioritizing private interests. Nahla pushed back. Still, final approval hinges on the Miami Beach City Commission and the historic preservation board — and with “Billionaires’ Beach” already packed with luxury developments, the stakes are high. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/f5f8fff447eb6c7c