Juan Carlos Mas, a member of the Mas family known for their ownership stake in MasTec, is leading a company that plans to develop a $500 million mixed-use project on Miami-Dade County land just west of Miami Gardens. The proposed development would span 146.8 acres and include workforce housing, retail spaces, a hotel, warehouses, and public recreational facilities with a focus on sports.
Details of the Project
The County Commission is set to review the proposal on November 6, where it will consider transferring the land lease at 20000 N.W. 47th Ave. from 13 Pista LLC to Landmark QOZB Construction LLC, a company owned by Juan Carlos Mas. Mas serves as chairman of Coral Gables-based Mas Group of Cos. and the equipment rental company Synergy Equipment and is a shareholder in MasTec (NYSE: MTZ). When asked for comment, a business partner of Mas declined.
Juan Carlos Mas is also the brother of Jorge Mas and Jose Mas, who hold leadership positions as chairman and CEO of MasTec, respectively, and co-own Inter Miami CF. The brothers are also spearheading the development of Miami Freedom Park, a large-scale project that includes a soccer stadium, recreational sports areas, and private developments featuring a hotel and retail spaces.