Armando Codina Gains More Development Opportunities With Merger Of His Codina Group And Feci Subsidiary

Coral Gables real estate development company Codina Group announced last month that it had reached agreement with Florida East Coast Industries to merge the five Codina Group subsidiaries with Flagler Development Co., FECI’s commercial real estate subsidiary.

Codina Group Chairman and CEO Armando Codina said the $270 million deal would solidify his company’s position as one of the leading landowners and commercial developers in Florida.

Mr. Codina, who came to Miami from Cuba as a 14-year-old refugee, commented on the transaction, major projects he has under way and his views of the community in an interview with Miami Today international editor Michael Hayes. This is an excerpt from the weekly profile article published in Miami Today. To read the entire article in full, order this issue or subscribe to the print edition of Miami Today. Advertisement