Miami Beach probes stalled pedestrian bridge agreed to by Terra, GFO

Miami Beach commissioners ordered an independent engineering review of the pedestrian bridge tied to Five Park residences, developed by Terra and GFO Investments, after utility conflicts raised questions about whether the bridge can be completed as promised. The city commission voted unanimously to obtain an assessment of the feasibility of the bridge, which would carry pedestrians over the MacArthur Causeway at Fifth Street, connecting the South of Fifth and West Avenue areas with the Baywalk near Five Park. Russell Galbut’s family office, Miami-based GFO Investments, and David Martin’s Coconut Grove-based Terra completed Five Park at 500 Alton Road in 2024. […]

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