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Developers Break Ground On Doral Project With $73M Loan

A pair of developers have just secured $73 million in construction financing and broken ground on their mixed-use project in Doral.

The Encore Housing Opportunity Fund and its partner Congress Group received the loan from the Bank of the Ozarks. It covers just under 24 acres of vacant land at the northeast corner of Northwest 58th Street and Northwest 107th Avenue, according to Miami Dade County property records.

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