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.
Read MoreStep Inside This Coral Gables Mansion In The Exclusive Tahiti Beach Asking $12.9 Million
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.
Read MoreMerrick Manor Sells Out Commercial Spaces With Sales Of Prime Ground-Floor Retail Suite
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.
Read MoreCheck Out The Most Expensive Penthouse In Coral Gables Listed For $14.9 Million At Villa Valencia
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.
Read MoreMG Developer Adds New 'Coral Carpet' Public Art Installation To Balboa Plaza in Coral Gables
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.
Read MoreOffice Building On Ponce de Leon Boulevard In Coral Gables Trades For $14 Million
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.
Read MoreArtist Julio Larraz is Celebrated at the Coral Gables Museum with a Retrospective Exhibition and Related Events
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.
Read MoreMG Developer Plans To Break Ground on Seville-Inspired Gables Village Reviving George Merrick's Vision For The City Beautiful
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.
Read MoreCORE Apartment Tower Opens At 13th Floor Investments And Adler Group's Mixed-Use Link at Douglas
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.
Read MoreMG Developer Receives TCO For The Nearly Sold-Out Althea Row and Tops Off Biltmore Row In Coral Gables
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.
Read More