(Crystal Proenza is associate editor of RealEstateFlorida.)

MIAMI GARDENS, FL-DZD Holdings, a Miami-based boutiqueinvestment firm, has finalized plans to develop Palmetto GardensPlaza, a 108,000-sf retail shopping center, including a 20,000-sfoutparcel. Originally the firm considered a multi-use project forthe site, but has decided that the development will focus onretail.

"We were looking at creating a residential/commercial project—acity center with possible office space," Zvi Shiff, CEO of DZDHoldings, tells GlobeSt.com. "At this point in time it doesn't seemfeasible as a project in that city, and so we've gone with a retailshopping center. We're working with the city to create somethingthat's also providing for locals, not only big-box shops thatalready exist around the area."

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