Rieber, Berca Break Ground on 60%-Sold Prime Square Doral

Rieber Developments and Berca Development Group have moved Prime Square Doral into pre-construction at 7200 NW 102nd Avenue, a 3.25-acre site in Doral, with the commercial condo project already 60 percent sold before a shovel goes in the ground.

Why it matters

A commercial condo development selling 60 percent of its space ahead of construction is a demand signal worth reading closely in west Miami-Dade. Buyers here are medical practices, professional offices and food-and-beverage operators who want to own rather than lease, and they are willing to commit capital years before delivery. For developers weighing condo sales against a traditional lease-up in Doral, Prime Square Doral is evidence that the ownership pitch works when the corridor has enough daytime population and drive-by retail traffic to support it. “The continued sales activity at Prime Square Doral speaks to the demand we identified for quality, ownership-driven commercial product in Doral,” said Bernardo Rieber, principal of Rieber Developments. That framing, selling certainty of occupancy cost to small owner-operators, is the product decision other sponsors in Doral will be watching before they choose their own capital structure.

The numbers

The project totals 58,000 square feet across three buildings, split between roughly 40,000 square feet of retail and restaurant space and 18,000 square feet of office space. The tallest building rises three stories, and the site plan carries 224 parking spaces. PPK Architect designed the project, Vandrak Construction is the general contractor, and Fortune | Christie’s International Real Estate is handling sales.

What’s next

Construction is set to start in the first quarter of 2027, with completion targeted for the fourth quarter of 2028, pending final permitting. With 60 percent of the commercial condo units already committed, the remaining sales pace over the next several months will show whether the ownership model holds through construction or whether the developers lean on rent-backed office and retail buyers to close the gap before delivery.