Codina Partners to Team Up With Lennar on Downtown Doral Project

       Codina Partners to Team Up With Lennar on Downtown Doral Project

PR Newswire

DORAL, Fla., Oct. 15, 2013

DORAL, Fla., Oct. 15, 2013 /PRNewswire/ --Codina Partners' Chairman and Chief
Executive Officer, Armando Codina, announced today the formation of a
strategic partnership with Miami-based Lennar Corporation, to develop a
portion of Downtown Doral. The partnership involves 180,000 square feet of
retail development of which the first phase, totaling 80,000 square feet and a
$30 million development budget, is expected to break ground in the first
quarter of 2014. Mr. Codina said, "We are very excited to team up with Lennar
on this project and look forward to collaborating with Lennar on other
strategic ventures in the future."

Downtown Doral is a 120 acre, mixed-used Downtown for the City of Doral that
is master developed by Codina Partners. Upon completion and over $1 billion
of investment, it will consist of over one million square feet of Class A
office space (of which almost 600,000 square feet is already built), the
recently completed 60,000 square foot Doral Government Center, 2,840
residential units of which 454 are already built, a unique K-5 charter school
that is projected to open in the fall of 2015 and the three-acre Downtown
Doral Park featuring a pavilion and park benches designed by world-renowned
artist Michele Oka Doner.

About Codina Partners, LLC
Based in Coral Gables, Florida, Codina Partners, a real state investment and
development firm, has been developing Downtown Doral since 2004. Chairman and
Chief Executive Officer, Armando Codina, has more than 30 years of real estate
development experience in South Florida with a portfolio consisting of
mixed-use projects, commercial buildings and other investments throughout
Florida. To learn more, please visit

SOURCE Codina Partners, LLC

Contact: Anna del rio Chong, 786-347-4750,
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