13-Story ‘Traditional Condo’ Could Replace Closed Truist Bank at 2501 Galiano St., Coral Gables, FL

Image from Floridian Development

The Coral Gables Development Review Committee will review plans for a high-rise mixed-use project. Proposed by 2501 Galiano Street Holdings LLC, the 13-story building would comprise 98,335 square feet of new construction and feature 93 units. Floridian Development notes that 85 would be condos, and the remaining eight would be lodging units.

The South Florida Business Journal reports that the upscale residences would start on the tower’s fifth floor and continue to the top floor. Homes would range from studios to three-bedroom layout plans, measuring 501 to 1,216 square feet. Amenities would include a resort-style, rooftop swimming pool and 1,655 square feet of additional activity space. It would be a “traditional condo without short-term rentals”.

The venture would measure 177 feet at the tallest point. Image from Floridian Development

In addition to the homes, plans call for 7,863 square feet of ground-floor retail and 117 parking spots, averaging to about 1.26 per residence. Locally based Bermello Ajamil Partners is the architect. As Floridian Development shares, the tower would have “an ornamental crown, tall ceilings, and a generous base that makes the tower measure as tall as 177 feet.”

If approved, the project would occupy a 22,500-square-foot property that currently hosts a now-closed Truist Bank. It would be located at 2501 Galiano St., Coral Gables, FL, 33134, in Miami-Dade County.

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