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Shoma Group Acquires 2.5 Acre Transit-Oriented Site in Coral Gables To Develop Shoma One Mixed-Use Multifamily

May 4, 2022

Miami-based developer Shoma Group has announced its latest acquisition, a 2.5-acre site at 3650 Bird Road, currently home to Deel Volvo, near Coral Gables for $34 million. It will be the site of Shoma One, a mixed-use project with a 391-unit apartment community and a Shoma Bazaar food hall. The development is expected to cost $220 million to build.

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In Acquisitions, Commercial, Coral Gables, Development, Development News, Development Sites, Mixed Use, Multifamily, Rentals, Residential, Co-Working Space, Closed, News, News & Features Tags Shoma Group, Shoma Bazaar, Masoud Shojaee, MSA Architects, Coral Gables, Michael T. Fay, May 2022, Development News, Shoma One, 3650 Bird Road, Development, Development Sites, featured, Featured, News, News & Features, Commercial, Acquisitions, Closed, Traded
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Step Inside This Coral Gables Mansion In The Exclusive Tahiti Beach Asking $12.9 Million

April 28, 2022

A stunning non-waterfront mansion on an exclusive cul-de-sac in Coral Gable’s gated Tahiti Beach has hit the market for $12.9 million. The Mediterranean residence stuns with its majestic arches, winding walkways, and private beach access. The 10,768-square foot estate offers 7 bedrooms, 6.5 baths, and sits on an expansive 1+ acre lot.

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In Coral Gables, Luxury Real Estate, Featured Listing, Residential, News, News & Features Tags Coral Gables, Tahiti Beach, Tahiti Beach Island, 3 Tahiti Beach Island Road, ONE Sotheby's International Realty, News, News & Features, Residential, Featured Listing, Featured Listings, April 2022, Luxury Homes, Luxury Real Estate, Saddy Delgado Abuanza
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Merrick Manor Sells Out Commercial Spaces With Sales Of Prime Ground-Floor Retail Suite

April 27, 2022

Merrick Manor continues to generate strong interest from investors seeking Class A commercial real estate in Coral Gables. The luxury mixed-use building developed by the Henry Torres-led Astor Companies, has sold out the commercial spaces following the $5.44 million sale of several retail condominiums, including two units occupied by popular fitness studio Sweat 440.

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In Acquisitions, Closed, Commercial, Development, Development News, Development Sales, Coral Gables, Invest, Investment News, News, News & Features, Retail, Traded, Private Equity Tags News & Features, News, Commercial, Traded, Acquisitions, Development News, Development, Development Sales, Invest, Investment News, Henry Torres, Manny Chamizo III, ONE Sotheby's International Realty, Astor Companies, 301 Altara Avenue, Prisma Properties LLC, Retail, April 2022, Private Equity, Closed, Coral Gables
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Check Out The Most Expensive Penthouse In Coral Gables Listed For $14.9 Million At Villa Valencia

April 4, 2022

A wellness escape in the sky, this upper penthouse at Villa Valencia is expected to shatter records once sold. It’s currently the most expensive condo listed in Coral Gables at $14.9 million. The building holds the record for most expensive condo sale of the lower penthouse for $6.5M. Villa Valencia is being developed by Location Ventures and will deliver early this year.

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In Coral Gables, Development, Development News, Development Sales, Featured Listing, Luxury Homes, Luxury Real Estate, News, News & Features, New Construction, Residential Tags Coral Gables, Penthouse, Luxury Homes, Luxury Real Estate, Featured Listing, Featured, featured, April 2022, News, News & Features, Featured Listings, Residential, Development, Development News, Development Sales, New Construction
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MG Developer Adds New 'Coral Carpet' Public Art Installation To Balboa Plaza in Coral Gables

March 10, 2022

Balboa Plaza, one of the most original parks in Coral Gables, where the stone bench named “A Midsummer Night’s Dream’ is located, has a new decorative Coral Carpet, which now completes the “living room” setting at the popular outdoor park. In 2018, MG Developer celebrated the first installation of the original stone bench at Balboa Plaza.

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In Coral Gables, Art, Lifestyle, News, News & Features, Public Art, Public Space, Parks & Recreation Tags News & Features, News, March 2022, Public Art, Art, Lifestyle, Balboa Plaza, Coral Carpet, MG Developer, MG Developers, Art in Public Places, Coral Gables, Parks & Recreation
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Office Building On Ponce de Leon Boulevard In Coral Gables Trades For $14 Million

March 7, 2022

An office building located on Ponce de Leon Boulevard in Coral Gables has traded for $14,050,000 in a value add, off-market deal. The 7-story, 87,134 SF office building was mostly vacant at the time of sale and is located at 2000 Ponce De Leon Blvd. The property features 7,500 SF of ground-floor retail space and 100 parking spaces.

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In Acquisitions, Closed, Commercial, Coral Gables, Invest, Investment News, News, News & Features, Office Space, Private Equity, Traded Tags Office, Acquisitions, Closed, Coral Gables, News, News & Features, Westside Capital, March 2022, Off-Market, Commercial, FA Commercial, Fabio Faerman, Sebastian Faerman, Kronfle Family, 2000 Ponce de Leon Blvd, Ponce De Leon, Private Equity, Traded, Invest, Investment News
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Artist Julio Larraz is Celebrated at the Coral Gables Museum with a Retrospective Exhibition and Related Events

December 9, 2021

On Wednesday, December 1st, the Coral Gables Museum opened the exhibition, ‘Julio Larraz: The Kingdom We Carry Inside’ in collaboration with the Julio Larraz Foundation. Taking over the main three temporary galleries of the Museum, the show is the first museum retrospective of Larraz in the USA and will be on view through April 30th, 2022.

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In Art, Events, Lifestyle, Coral Gables, Miami Art Week, Art Basel, News, News & Features, Museums Tags Coral Gables, Robert and Marian Fewell Gallery, Julio Larraz, MG Developers, MG Developer, Alirio Torrealba, Miami Art Week, Miami Art Week 2021, Art Basel, Art Basel 2021, Lifestyle, Art, Coral Gables Museum, John R. Allen, Yuni Villalonga, Jose Valdes-Fauli, 285 Aragon Ave., Events, Museum, News & Features, News, December 2021
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MG Developer Plans To Break Ground on Seville-Inspired Gables Village Reviving George Merrick's Vision For The City Beautiful

October 27, 2021

The Coral Gables-based MG Developer is about to break ground on its newest enclave, Gables Village, a 48-unit Seville-inspired residential community that will pay homage to George Merrick’s legacy and history in the form of shaded tree-lined streets, plazas, parks and fountains.

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In Coral Gables, Development, Development News, News, News & Features Tags News & Features, News, MG Developer, Coral Gables, 533 Santander Avenue, Groundbreaking, Development, Development News, Alirio Torrealba, Gables Village, De Le Guardia Victoria Architects & Urbanists, October 2021
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CORE Apartment Tower Opens At 13th Floor Investments And Adler Group's Mixed-Use Link at Douglas

CORE Apartment Tower Opens At 13th Floor Investments And Adler Group's Mixed-Use Link at Douglas

August 27, 2021

13th Floor Investments and Adler Group’s 312-unit, transit-oriented CORE residential tower is now open and welcoming residents, marking the first building to deliver within the 7-acre Link at Douglas mixed-use development adjacent to the Miami-Dade Metrorail and The Underline linear park.

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In Coconut Grove, Commercial, Coral Gables, Development, Development News, Multifamily, News, News & Features Tags CORE, CORE Link at Douglas, 13th Floor Investments, Adler Group, Barings, Barings LLC, News, News & Features, Development News, Development, Multifamily, Coconut Grove, Coral Gables, Commercial, August 2021, Featured
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MG Developer Receives TCO For The Nearly Sold-Out Althea Row and Tops Off Biltmore Row In Coral Gables

MG Developer Receives TCO For The Nearly Sold-Out Althea Row and Tops Off Biltmore Row In Coral Gables

August 18, 2021

MG Developer has received its TCO for Althea Row and revealed the townhome development’s 7,000 SF model residence. MG Developer also topped-off of Biltmore Row and submit plans to build a 50-residence community called Gables Village.

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In Coral Gables, Development, Development News, Development Sales, New Construction, News, News & Features, Residential Tags Development News, Development, News & Features, News, August 2021, Top Off, MG Developer, TCO, Coral Gables, Biltmore Row, Biltmore Square, De La Guardia Victoria Architects & Urbanists, Alirio Torrealba, Althea Row, 739 Almeria Ave., Residential
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