A partnership among Miami-based real estate investment firms Torose Equities, Lndmrk Development and Terranova Corporation has acquired 255 Alhambra, an approximately 220,000-square-foot Class A office building in downtown Coral Gables. The acquisition gives the JV access to one of Miami’s most sought-after office submarkets.
Read MoreCoastal Construction Tops Out University of Miami's Centennial Village Student Residence
Coastal Construction Group, one of the largest privately held construction companies in the Southeast, has topped out the University of Miami's Centennial Village, a state-of-the-art student residence that will accommodate over 2,000 students. Phase I of Centennial Village is anticipated to open in fall of 2024, with Phase II anticipated to open in fall of 2026.
Read MoreInside 'An Exploration Into Capital Markets Coral Gables' Presented By PROFILEmiami & MG Developer
On Tuesday July 25, 2023 PROFILEmiami teamed-up with MG Developer to present ‘An Exploration into Capital Markets Coral Gables’, bringing an immersive panel and cocktail event exploring capital markets and real estate development in South Florida to the beautiful ‘Village at Coral Gables’ showroom. The relaxed and open setting featured cocktails courtesy of MG Developer and food from Coral Gables staple restaurant, Zucca, while attendees networked with industry leaders one of Miami’s hotbed neighborhoods for business and development.
Read MoreThe Avenue Coral Gables Hotel & Residences Reaches 65% Sold
The Avenue Hotel & Residences Coral Gables, a Parisian-inspired neo-classically designed boutique tower and hotel on San Lorenzo Avenue in Coral Gables, has hit 65% percent in pre-construction sales. Located at 351 San Lorenzo Avenue, The Avenue Coral Gables Hotel & Residences is being developed by Roger Development Group, a Coral Gables-based family-owned, fully integrated real estate development and management company.
Read MoreMG Developer Locks Down $67.5 Million Construction Loan For The Village at Coral Gables
MG Developer, led by Alirio Torrealba, announces it has secured a $67.5 million construction loan from Churchill Real Estate to build the highly anticipated Village at Coral Gables development, with groundbreaking expected this July. Located at 535 Santander Avenue, is a 48-residence collection that will pay homage to the aesthetic beauty and lifestyle of Seville, Spain, and continue the legacy of the dreamer and founder of Coral Gables, George Merrick, and his vision for “The City Beautiful.”
Read MorePROFILEmiami & MG Developer Present: An Exploration Into Capital Markets Coral Gables
PROFILEmiami and MG Developer are pleased to present ‘An Exploration into Capital Markets Coral Gables’, a immersive panel event exploring capital markets and real estate development in South Florida with an emphasis on Miami’s Coral Gables neighborhood. The evening will include an in-depth discussion on Capital Markets along with cocktails and networking at MG Developer’s Village at Coral Gables sales gallery in the heart of Coral Gables.
Read MoreMichelin Starred Chef Shingo Akikuni to Open His First Restaurant, Shingo
Critically-acclaimed Chef Shingo Akikuni will open his very first restaurant, SHINGO, on Thursday, May 11, 2023 inside the historic La Palma building in Coral Gables. SHINGO is an intimate, 14-seat, omakase restaurant that will offer an 18-course dining experience featuring traditional Japanese nigiri, seasonal sashimi and Yakimono dishes with premium sake pairings. Chef Akikuni brings his years of experience and accolades to SHINGO.
Read MoreCheck-Out This Lavish Coral Gables Estate Located In The Ultra-Private Journey's End Gated Enclave Which Just Listed For $69.9 Million
An estate in the ultra-private gated enclave of Journey’s End in Coral Gables has hit the market for $69.9 million. The owner Raúl Alarcón is chairman and CEO of Spanish Broadcasting System, an owner and operator of Hispanic radio stations and network television stations in the U.S. and Puerto Rico. Alarcón has many connections in the music industry and artists including Shakira, Marc Anthony and Emilio Estefan have visited his home.
Read MoreIsraeli Mediterranean Hotspot MOTEK Opens Coral Gables Location
MOTEK, the family-owned Eastern Mediterranean restaurant celebrated for its warm hospitality and award-winning Arayes Burger, is opening its third location at 45 Miracle Mile in Coral Gables, as a response to the overwhelming demand for their quality-driven restaurant. The menu will offer authentic kosher-style Mediterranean dishes, presented in their beloved sunshine yellow atmosphere.
Read More13th Floor and Adler Group Complete Phase 1 of Miami's Link at Douglas Transit-Oriented Development Where Coral Gables Meets Coconut Grove
A JV between Miami-based real estate developers 13th Floor Investments and Adler Group has completed the first phase of Link at Douglas, a 7-acre master planned development that has transformed Miami-Dade County’s Douglas Road Metrorail Station into a mixed-use transit hub at the confluence of Miami’s Coral Gables and Coconut Grove neighborhoods. Now complete and open to the public, the project’s first phase encompasses two residential towers with a total of 733 apartment units.
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