The Univeristy of Miami has teamed up with Arquitectonica and is planning a major expansion to their Coral Gables campus. The proposal includes 23 new buildings, all interconnected featuring 1,104 new dorm beds, residential recreation room, 200 seat auditorium, Launch Pad start-up incubator and workspace, learning center, multi-purpose rooms, retail including mail room, print shop, bike shop, and food options. The design shows ground level being educational, retail and student space while the upper levels are living. The build-out is estimated to cost $155 million and the plans are under review by the city. Completion is expected in 2019.
The New Approved Design by Borges + Associates Architects
New Town Townhouses Approved in Coral Gables
The proposed New Town townhomes have been approved for Coral Gables on Almeria Avenue. The project will feature four townhouses with a Mediterranean influenced design by Borges + Associates Architects which they have updated to meet compliance. The city of Coral Gables initially had requested Borges + Associates Architects and developer Pedro Viana to rework the design to a more Mediterranean style which would be more consistent with the traditional architecture throughout the city after they had initially proposed a radical new contemporary design. The design of the project will integrate the existing Oak trees on the property. The units will be 3-levels and 6,500 SF. The feature a plunge pool, elevator, four-car garage, rooftop garden, European kitchen and smart home technology. Groundbreaking is expected in the summer of 2017 with completion expected in Fall 2018.
“The trees are what really make this particular Coral Gables residential neighborhood extra special,” said Borges + Associates’ Principal Reinaldo Borges. “It’s value-added that also enhances the architecture.” said Reinaldo Borges, principal at Borges + Associates Architects.
The Denied, Modern Design
Bob Griese's Coral Gables Colonial Estate Listed for $4.245 Million
Miami Dolphins legend Bob Griese has listed his Coral Gables colonial estate for $4.245 million. The home is located at 4412 Santa Maria Street and is on the 15th hole of the Riviera Country Club golf course. The house was originally built in 1941 and is 5,924 SF spread over 5 bedrooms and 5 bathrooms. Although the old-world charm has been preserved, it has been updated with modern upgrades including new marble kitchen, new wood floors, millwork and a heated pool. Listing and photos by One Sotheby's International Realty.
Prince Royce Relists Coral Gables Home for $2.99 Million
Geoffrey Royce Rojas, better known as Prince Royce, has resisted his Coral Gables home and he has dropped the price to $2.99 million. The singer originally listed the home for $3.75 million. Royce has established himself with many hits in recent years including "Stand by Me," "Stuck on a Feeling," "Back it Up," and "Corazón Sin Cara." The 5,212 SF home is located at 144 North Prospect Dr. and features 4 bedrooms and 4 bathrooms. It was originally built in 1971 and was designed by Miami architect Hilario Candela before being redesigned in the early 2000's by Victor Vazquez. The home reflects Royce's young and eccentric style with custom furniture throughout including purple chairs and blue paneled kitchen. also features a recording studio, open living concept that lets light flow through the home, a billiards rooms, a master suite with a 2 level master closet, and an outdoor entertainment area with lush landscaping, Summer Kitchen and pool. Royce originally listed the home for $2.33 million in 2013 and originally listed it with Chad Carroll before pulling the listing. The new listing at $2.99 million is with The Jills of Coldwell Banker Real Estate. Photos by Coldwell Banker Real Estate.
Sunset Place Primed for Redevelopment
The new owners of Coral Gable's Sunset Place are planning to eliminate the mall and redevelop the property into new mixed-use hotel, residential and retail project. The new project will be designed by Zyscovich and will feature 414 residential units and 182 hotel room units. There will also be a pedestrian friendly retail portion with a public square, 30-foot tree lined sidewalks and shady canopy over storefronts. They plan for the store-mix to be more locally curated as opposed to that of standard, 1990 style national mall style chains. They plan to retain AMC Movie Theaters, LA Fitness and GameTime Arcade. The close proximity to transit such as the Gables-South Miami Line. Federal Realty Investment Trust, Grass River Property, and Comras Company purchased the property in 2015 for $110 million and will head-up the redevelopment efforts as they plan to breathe new life into the struggling landmark shops which are now very dated. Plans for the redevelopment effort were recently submitted to the city and they will have an initial public hearing before the city commission votes in early 2017. The partnership also purchased Coconut Grove's Cocowalk earlier this year and will submit plans for a complete makeover of that property as well.
Coral Gables Classic Designed by George Merrick Listed for $999K
It really doesn't get any more classic than this Coral Gables historic designed by Coral Gables founder George Merrick himself. Located at 6704 S Le Jeune Road in the Dutch South African Village part of Coral Gables, the home is 2,008 SF with 3 bedrooms and 2 bathrooms. It was in fact designed after a traditional South African 17th century farmhouse and features classic styling including oak wood floors and a wood-beam vaulted ceiling. The home is currently listed for $999,000. Photos by Avatar.
Bacardi Family Heir Lists Coral Gables Mansion for $27.26 Million
Hilda Maria Bacardi has listed her recently completed Coral Gables mansion for $27.26 million. She is the sister of Bacardi Chairman Fecund Bacardi and great, great granddaughter of Facundo Bacardí Massó, who founded the rum company in 1862. The property was previously listed uncompleted for $18 million in 2014, but was taken off the market. Bacardi had originally planned to live in the house but ultimately decided to reside somewhere else.
The property is 1.3 waterfront acres in the Islands of Cocoplum gated community section of Coral Gables. There is a 10 bedroom mansion with over 21,000 SF, a 2 bedroom guest house, and over 400 feet of waterfront including a 100-foot private dock. It also includes a wine cellar, elevator, 15 bathrooms, 3 kitchens and a pool. Photos and listing by Barbara Estela of Douglas Elliman Real Estate.
City Commission to Vote on Coral Gables City Center by End of Month
The Allen Morris Company and Related Group have teamed up again as they are set to propose their own bid on a new mixed-use project in the fast-growing downtown area of Coral Gables. The City of Coral Gables has tagged the 2 acre zone between 245 and 345 Andalusia Ave. as ready for development, and weighed 5 proposals from the areas' top developers before cutting the list down to two. Later this month, the city Commission will vote between The Allen Morris Company & Related Group's proposal against that of Terranova and Zom.
The Allen Morris Company/ Related Group proposal for Coral Gables City Center will be a $250 million, twin tower development that will bring more residential units, office space and retail to downtown Coral Gables. Spread out over 2 towers towers, the development is expected to feature over 270 residential units, 140,000 SF of office space, 28,749 SF of ground-floor retail and 1,560 parking spaces. The residential tower will be 17 floors while the office tower will be 16 floors. The proposal also includes the building of a public park on the site. The building will be designed by Zyscovich and will reflect the historical charm that makes Coral Gables such a clean, beautiful city.
Photo via South Florida Business Journal
The Terranova & Zom proposal includes expanding the footprint of the potential development site to include land that Terranova already owns at 220 Miracle Mile. The proposal includes twin, 16-story towers on Terranova's land in addition to 21,260 SF of commercial space expanding the existing garages. The towers would feature 335 residential units, 51,485 SF of retail space and 923 parking spaces.
Segovia Tower's 3-Story Penthouse Lists for $10.5 Million
The 3-story mega-penthouse in Coral Gables' Segovia Tower just listed for a cool $10.5 million, at $1,236 SF. The Mediterranean-inspired, 8,492 SF unit includes 8 bedrooms, 12 bathrooms and 5 parking spaces. It also includes a library, billiards room, media room, wine cellar, private elevator, summer kitchen, 2 indoor kitchens, private gym and a marble fireplace. The penthouse is currently owned by attorney James L. Ferraro. Listing and photos by One Sotheby's.