Coral Gables

Hines Acquires Life Time Living-Branded 495-Unit Gables Station Residential Complex In Coral Gables

8:00 am on September 5, 2022 By Oscar Nunez

Hines Global Income Trust (HGIT), an investment arm of global real estate firm Hines, acquired Gables Station, a 14-story multi-family complex designed by Gensler and located at 225 South Dixie Highway in Coral Gables, for $430 million. The development, which completed construction last year, features 495 Life Time Living® residences. This acquisition is the second largest single-asset multifamily sale in South Florida, reaffirming HGIT’s and Hines’ bullish stance on the future of the market. Since the pandemic, Hines has committed approximately $1.8 billion across three prime developments and acquisitions in South Florida. Willowick Residential, Hines’ boutique multifamily property management firm, will assume the role as property manager for the asset.

Construction Completes On Villa Valencia At 515 Valencia Avenue In Coral Gables

8:00 am on July 10, 2022 By Oscar Nunez

Construction is complete on Villa Valencia, 13-story luxury residential high-rise building at 515 Valencia Avenue in Coral Gables, Miami-Dade County. Designed by local architect Hamed Rodriguez Architects with Miami-based L&ND as the landscape architect and developed by Miami-based Location Ventures, the approximately 154-foot-tall structure comprises a distinguished collection of just 39 luxury condominiums ranging from two to three-bedroom units. The development integrates the revolutionary Delos’ DARWIN Home Wellness Intelligence network which provides advanced air purification, water filtration, lighting solutions and enhanced sleep systems. Villa Valencia recently received its Temporary Certificate of Occupancy (TCO); closings are currently underway, and residents have begun to occupy their residences. Winmar Construction served as the general contractor.

Shoma Group Acquires 2.5-Acre Site Near Coral Gables To Develop Two 18-Story Mixed-Use Towers Designed By MSA Architects

8:00 am on May 1, 2022 By Oscar Nunez

Miami-based developer Shoma Group (Shoma) has purchased a 2.5-acre site at 3650 Bird Road, currently home to Deel Volvo, near Coral Gables for $34 million. The property, bound by Douglas Road to the west and Metrorail’s elevated railway to the south, will be cleared to make way for Shoma One, a two-towered 18-story mixed-use development designed by MSA Architects with 391-unit apartment community and a Shoma Bazaar food hall. The development is scheduled to break ground in January 2023 and is expected to be completed in 18-24 months with an estimated cost of $220 million to build.

Mediterranean-Themed 11-Story Mixed-Use Development Designed By MSA Architects Proposed In Coral Gables

8:00 am on April 24, 2022 By Oscar Nunez

An 11-story Mediterranean-themed mixed-use development designed by MSA Architects has been proposed for 3808 Southwest 8th Street in Coral Gables. FRC Realty Inc., an entity linked to Chicago-based real estate developer Fifield Realty Corp, submitted plans for a 227,670-square-foot building to be considered by Coral Gables’ Development Review Committee, which includes 103 residential units and amenities spread across 105,946 square feet of space, approximately 11,350 square feet of retail space, 7,241 square feet of office space and a garage integrated into the podium for up to 177 vehicles. Witkin Hults + Partners is listed as the landscape architect and Kimley Horn is the civil engineer.

ANF Group Inc. Selected As General Contractor For 15,000-Square-Foot Theatre Arts Building At University Of Miami’s Coral Gables Campus

8:00 am on April 11, 2022 By Oscar Nunez

Davie, Florida-based ANF Group, Inc., a full-service construction firm providing construction management, general contracting, development, and design-build services, has been selected as the general contractor for the construction of a new 15,000-square-foot ground up Theater Arts Building on the University of Miami’s Coral Gables Campus. Designed by Miami-based Mateu Architecture, the 2-story building will feature a theatre, concessions, wardrobe and dressing rooms, acting and dance classrooms, voice studios, a student lounge, and supporting spaces. A 1,000-square-foot IT Hub/Data Room will also be located within the space program of the new Theater Arts building. The project is currently in the pre-construction stages, and is expected to break ground in the third quarter of 2022.

Century Homebuilders Group Propose Redevelopment Of School Property At 110 Phoenetia Avenue In Coral Gables

8:00 am on January 24, 2022 By Oscar Nunez

Century Homebuilders Group seeks approval from the Development Review Committee of Coral Gables for the redevelopment of school property at 110 Phoenetia Avenue. The project is titled Crystal, a 9-story mixed-use building consisting of 177 residential units, 16 ground floor live-work units, 5,500 square feet of educational space for the Crystal Academy, 340 internalized parking spaces and a rooftop amenities deck. The building would rise just over 83-feet and is designed by Coral Gables-based Corwil Architects in the Mediterranean Revival architectural style. Units will come in one-, two-, and three-bedroom floor plans ranging between 825 and 1,249 square feet; the duplex live-work units will span 1,468 square feet. Witkin Hults + Partners is the landscape architect.

Two 39-Story Towers Proposed For ‘Link At Douglas’ Phase 2 Near Coral Gables

8:00 am on August 31, 2021 By Oscar Nunez

A pre-application meeting has been filed requesting an Administrative Site Plan Review (ASPR) from Miami Dade’s Department of Regulatory and Economic Resources for the development of Link at Douglas -Phase 2, a two-tower 39-story mixed-use building proposed adjacent to the Douglas Road Metrorail Station. The structure is designed by Arquitectonica and being developed between Adler Group and 13th Floor Investments, and is projected to yield over 1.1 million square feet of space including 854 residential units, 84,160 square feet of office space, 3,385 square feet of retail space and 1,166 parking spaces. The property is bounded by Douglas Road to the east, South Dixie Highway to the south and aligns with Southwest 38th Avenue on the west.

Life Time Coral Gables. Designed by Gensler.

1.2-Million-Square-Foot ‘Life Time Coral Cables’ Mixed-Use Development Reaches Completion And Opens To The Public

8:00 am on August 13, 2021 By Oscar Nunez

Minnesota-based Developer Nolan Reynolds International (NRI) and health club chain Life Time Fitness have reached completion on Life Time Coral Gables, a 1.2-million-square-foot mixed-use project at 237 South Dixie Highway and 225 South Dixie Highway in Coral Gables, Florida. Designed by Gensler, the $500 million development rises 14-stories and sits parallel to train tracks leading up to the nearby Douglas Road Metrorail Station, yielding 495 high-end luxury apartments, an 80,000-square-foot athletic resort, 25,000 square feet of co-working office space and 105,000 square feet of ground floor retail.

Alexan Crafts. Designed by Corwil Architects.

Mediterranean-Themed Mixed-Use Development Proposed For 330 Catalonia Avenue In Coral Gables

7:30 am on June 2, 2021 By Oscar Nunez

A new 7-story mixed use development titled Alexan Crafts may be coming to the Crafts District in the City of Coral Gables. Addressed as 330 Catalonia Avenue, the project could yield up to 306,936 square feet of space on 2.11 acres of land. Designed by Corwil Architects and developed by Trammel Crow Residential, a subsidiary of Crow Holdings, the structure is expected to rise to 77-feet in height, yielding 263 residential units, 22 live-work units, 364 parking spaces and 29,450 square feet of open space.

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