arts
Related Group, Russell Galbut part of Fisher Island team at center of fuel depot battle
By Katherine Kallergis at The Real Deal
· June 5, 2026
· 1 min read
As the fight over the last remaining development site on Fisher Island heats up, top Miami developers are also part of the mix: Russell Galbut and the Related Group. Galbut, the Pérez family’s Related Group and Raycliff Capital partnered HRP Group to redevelop the nearly 10-acre property on Fisher I
Key takeaway Galbut, the Pérez family’s Related Group and Raycliff Capital partnered HRP Group to redevelop the nearly 10-acre property on Fisher Island, a ritzy community that’s only accessible by ferry, boat or helicopter, according to Bloomberg.
Why this matters in The Miami
The involvement of Russell Galbut and the Related Group in the Fisher Island development project adds a layer of complexity to the already contentious battle over the site. As major players in Miami's real estate scene, their participation could bring significant resources and expertise to the table. The project's location on Fisher Island, a exclusive and isolated community, raises questions about the potential impact on the island's character and accessibility. With the site's proximity to Miami Beach and the city's downtown area, the development could also have implications for the surrounding neighborhoods, including potential effects on traffic and sea-level rise mitigation efforts. As the dispute between Miami-Dade County and the developers continues to unfold, it will be crucial to consider the long-term consequences of the project for both the island and the broader Miami community. The Related Group's experience with large-scale developments in areas like Brickell and Wynwood may inform their approach to this project.
About this story
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Category: arts ·
Published: June 5, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? As the fight over the last remaining development site on Fisher Island heats up, top Miami developers are also part of the mix: Russell Galbut and the Related Group. Galbut, the Pérez family’s Related Group and Raycliff Capital partnered HRP Group to redevelop the nearly 10-acre property on Fisher I
When was this published? This article was first published on June 5, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Katherine Kallergis at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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