Bisnow’s Family-Owned Real Estate Business

Legacy Real Estate Development is seeking a zoning change to bring 105 apartments to the long-vacant Barclay building at 1940 Park Avenue in Miami Beach’s Collins Park neighborhood. The six-story project, designed by Brooks + Scarpa Architects, would preserve parts of the historic structure, restore its lobby, and add neighborhood retail, co-working and fitness space, and a rooftop-style amenity deck with a pool. Most units would be studios and one-bedrooms, with 15 percent set aside for workforce households and seven affordable units for seniors. The proposal heads to the Planning Board on July 7 before going to the City Commission for approval.

https://therealdeal.com/miami/2026/06/16/housing-coming-for-historic-miami-beach-site-city-condemned/

Our CEO Donahue Peebles III, attended Commercial Observer’s South Florida Development & Capital Leadership Forum hosted at The Bath Club in Miami Beach.

He participated on the State of the Market panel discussion alongside Allie Eichner of The Continuum Company, Nitin Motwani of Merrimac Ventures and Miami Worldcenter, and Adi Chugh of TYKO Capital, moderated by Erick Araneda of Citrin Cooperman.

Their discussion delved into topics such as how South Florida has sustained its position as a red-hot market while addressing pressing issues such as affordability, Live Local Act, private and public school infrastructure, and climate change.

https://www.linkedin.com/feed/update/urn:li:activity:7255218841390084096