Terra Group is one of the small number of Miami developers whose name genuinely influences a buyer's decision. Led by president David Martin, Terra has built a portfolio that pairs marquee architects — Bjarke Ingels, Rem Koolhaas, Renzo Piano, Enrique Norten — with high-conviction locations and long-term ownership. 301 Ocean Drive on Key Biscayne is Terra's latest project, developed in partnership with Fortune International Group.
Five Park (South Beach)
Five Park is Terra's Bjarke Ingels-designed tower at the entrance to South Beach, adjacent to the reimagined Canopy Park. The building repositioned the western edge of South Beach as an architecturally serious luxury address, with a tall, sculpted form and generous programming for residents.
Five Park is one of the clearest recent examples of Terra's playbook: pick an underappreciated location, commit to a signature architect, build a landmark, and let the neighborhood catch up to the address.
Villa Miami (Edgewater)
Villa Miami sits on the last major Edgewater waterfront parcel, on Biscayne Bay north of downtown. The tower is a Terra collaboration with Major Food Group's residential ambitions and is aimed at buyers who want a specific kind of downtown-adjacent bay-front experience.
The project matters for the Terra thesis because it demonstrates the firm's ability to price a new-construction bay-front tower at the top of its submarket and absorb demand from buyers who would otherwise trade laterally within Miami luxury condos.
Grove at Grand Bay and Park Grove (Coconut Grove)
Grove at Grand Bay, designed by Bjarke Ingels, is the twisting twin-tower project on the Coconut Grove waterfront that established Terra as an architecture-first developer. Park Grove, designed by Rem Koolhaas / OMA and Enzo Enea, further consolidated Terra's dominance in Coconut Grove and set new pricing highs for the neighborhood.
Both projects have shown durable resale performance and remain reference points for what a Terra building can do to a submarket over a full cycle.
Grand Bay Residences (Key Biscayne)
Grand Bay Residences on Harbor Drive is Terra's earlier Key Biscayne project, developed in partnership with Rockwell Group. It sits bay-front rather than oceanfront, but it introduced Terra to the Key Biscayne buyer base and established a resale comparable that continues to price near the top of the island's bay-front tier.
Grand Bay Residences is the direct precedent for how Terra thinks about Key Biscayne product: boutique unit counts, high specification, and a design signature that resales cannot replicate.
Mr. C, Botaniko, and the Broader Portfolio
Mr. C Residences Coconut Grove pairs the Cipriani hospitality brand with a Terra-developed boutique tower. Botaniko Weston is Terra's Chad Oppenheim-designed low-density community in western Broward — a departure from urban towers that showcased the firm's flexibility across product types.
Across the portfolio the pattern is consistent: named architects, careful sites, boutique unit counts where the site allows, and long-term brand equity that carries into every subsequent Terra project.
Why Terra Buildings Appreciate
Terra's resale performance is a function of three things. First, architectural distinctiveness — a Terra building is instantly identifiable in a comp set. Second, submarket selection — Terra tends to buy sites that either define a location or reset it. Third, disciplined unit counts and finish quality that hold up to the newest competition years after delivery.
301 Ocean Drive fits this pattern exactly. The 3.8-acre oceanfront Key Biscayne site, Touzet Studio and Raymond Jungles as the design team, and a boutique 56-residence program together produce the profile that has historically appreciated in Terra's portfolio.
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Register for Priority AccessFrequently Asked Questions
Who is Terra Group?
Terra Group is a Miami-based real estate developer founded by David Martin, focused on architecturally driven residential and mixed-use projects across South Florida. Terra is known for pairing brand-name architects with signature neighborhoods and for holding long-term equity in its buildings.
What are Terra's most notable projects?
Terra's notable Miami projects include Five Park in South Beach, Villa Miami on the Edgewater waterfront, Mr. C Residences Coconut Grove, Park Grove, Grove at Grand Bay, Grand Bay Residences on Key Biscayne, and Botaniko Weston, among others.
Do Terra Group buildings appreciate?
Historically, yes. Terra's buildings — particularly Grove at Grand Bay, Park Grove, and Grand Bay Residences — have shown meaningful price appreciation on resale relative to launch pricing, driven by architecture, location, and Terra's ongoing management involvement.
Who is David Martin?
David Martin is the president of Terra Group. He is a second-generation Miami developer widely credited with introducing signature architects (Bjarke Ingels, Rem Koolhaas, Renzo Piano, Enrique Norten) to South Florida residential development and elevating the quality benchmark for Miami luxury condominiums.