On second thought: Miami Beach commission moves Nahla’s Raleigh upzoning forward 

Nahla Capital was defeated after Miami Beach commissioners voted against the developer’s plan to add more square footage to the Raleigh development. Then, hours later, commissioners reconsidered and voted to move the item forward on first reading.  Two comprehensive plan and code amendments would allow the developer to increase the floor area ratio to 2.5 from 2.0, adding more than 66,000 square feet to the project via two additional floors of the residential tower.  New York-based Nahla, led by CEO Genghis Hadi, went before the Miami Beach Planning Board this summer regarding the proposal. Hadi has said the project will […]

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