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South Florida

Metropolitan Miami gets $250M construction loan

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Metropolitan Miami will receive a $250 million construction loan for its Met 2 Financial Center, a 750,000-square-foot office tower also being developed by MDM Development Group and MetLife. Twenty-five floors of the Met 2 tower have already been constructed. Some worry that, along with two other office buildings under construction in the area, Met 2 will over saturate the Miami office market.