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South Florida

Soffers expected to give $15M to University of Miami football facility

Jeffrey Soffer of Turnberry Associates
Jeffrey Soffer of Turnberry Associates

The Soffers are expected to contribute about half of the funds needed for a $30 million indoor football facility planned for the University of Miami.

The Miami Herald reported that billionaire developer Jeffrey Soffer and his family will be announced as the lead donor of the practice facility the university plans to complete by 2018.

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Coach Mark Richt is giving $1 million, and UM is working on funding the remaining roughly $14 million.

Jeffrey and Jackie Soffer lead Turnberry Associates, the Aventura-based real estate development firm. Turnberry is currently preselling Turnberry Ocean Club and is in the midst of expanding Aventura Mall with a new three-story wing.

The firm is also partnering with Richard LeFrak on SoLē Mia, a 183-acre, $4 billion mixed-use development planned for the former Biscayne Landing landfill in North Miami. When completed, it will include 12 residential buildings, 4,390 residential units, more than 1 million square feet of commercial space, 37 acres of parks, two swimmable lagoons, and 4,171 parking spaces. [Miami Herald] – Katherine Kallergis

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