Developer Completes $5 Million Renovation of 4000 Ponce in Coral Gables
CMC Group has completed a $5 million renovation at 4000 Ponce, a nine-story Class A mixed-use office and retail development in Coral Gables’ Southern Business District. Originally developed in 2002 by Ugo Colombo’s CMC Group, the property features 150,000 square feet of office space and 32,000 square feet of ground-floor retail. The building, which houses tenants like Steinway & Sons, Coldwell Banker, and Hemisphere Media Group, is currently 92% occupied.