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Nahla’s $1B Raleigh Miami Beach expansion proposal secures blessing from board despite height concerns

Nahla Capital's $1B Rosewood-branded luxury project in Miami Beach clears planning board hurdle.

July 7, 2026 · 0 signals

Nahla Capital moved one step closer to securing approval for tweaks that will allow the developer to increase the size of the proposed Raleigh Miami Beach, a Rosewood-branded luxury condo and hotel project that’s been in the works for years.  Nahla acquired the 3-acre oceanfront assemblage at 1775, 1757 and 1751 Collins Avenue in October for $270 million, taking over from developer Michael Shvo and his partners.  At a Miami Beach Planning Board meeting on Tuesday, the board voted 5 to 1 to recommend approval of comprehensive plan and code amendments that will allow the developer to increase the floor […] This article originally appeared on The Real Deal. Click here to read the full story.

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