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Real Estate

Coral Gables Real Estate News.

Cashflow In Miami
September 19, 2022

Coral Gables Real Estate News.

1505 Ponce De Leon Boulevard, as well as at 122 and 126 Menores Avenue, Coral Gables

Rishi Kapoor’s Location Ventures has gotten an approval for a  16-story condominium in Coral Gables.Location Ventures wants to build 87 condos on a 1.6-acre site.

Location Ventures, based in Coral Gables, plans seven of the units to be live-work condos on the lower floors of the building and the remaining 80 on the upper stories, filings show. The project also would have a 319-space garage; 10,500 square feet of retail; 20,144 square feet of open space and a public dog park.The historic building, constructed in 1925, will be preserved and incorporated into the project, possibly as retail space, according to the planning & zoning board’s meeting minutes.

Gables Village community announced!

535 Santander Avenue, Coral Gables

Gables Village, a 48-unit Seville-inspired residential community that will pay tribute to George Merrick’s Coral Gables legacy and history in the form of shaded tree-lined streets, plazas, parks, and fountains, has just been approved unanimously by the city commission of Coral Gables.The developer for this Gables Village is MG Developer, who recently completed Biltmore Square, a luxury village development in the heart of Coral Gables.

  Located at 535 Santander Avenue, the village will consist of duplexes, townhouses, and condominiums set throughout 17 lots, replacing the existing rental apartments bordered by Malaga Avenue, Santander Avenue, Segovia Street, and Hernando Street. Inspired by Merrick’s seven villages, Gables Village will be built in a Mediterranean Revival-style Architecture, designed by De La Guardia Victoria Architects & Urbanists, and bordered by gardens inspired by the alcoves in the Plaza de España. It will also have nice visual experiences for pedestrians who enjoy walks in the neighborhood creating a walkway for a public right of way.

The $50 million development has an expected completion date of 2024.

The development will include townhomes, duplexes, lofts, flats, and an archway with raised residences above ground level, creating a distinct welcoming feeling into the Gables Village enclave.

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