Good News for Coral Gables!

August 22, 2011

Coral Gables’ proximity to Miami International Airport and the conglomeration of more than 175 multinational companies, plus it’s affluent population allows Coral Gables to be viewed as a haven for economic development.

Even in our most challenging economic times, the Coral Gables business district is experiencing a mini real estate rebound with seven new projects under construction or about to begin. The buildings will host a variety of occupants from business offices, luxury apartment communities, townhomes, upscale retirement residences and boutique retail spaces.

On the works:

The Allen Morris Ponce De Leon Towers :  Office space located at 2801 Ponce De Leon Boulevard

The Building: Boutique office and retail space located at 2990 Ponce De Leon Boulevard

The Palace: A Senior Rental Community located at 30-45 Andalusia Avenue

Ponce Apartments: A Luxury Rental Building located at 4585 Ponce De Leon Boulevard

396 Alhambra Circle: A business office with retail spaces located at 396 Alhambra Circle

Old Spanish Village: Townhomes and retail space located at 2900 Ponce De Leon Boulevard

Merrick Manor: Luxury Apartments located at 4111 Le Jeune Road

Source: The Miami Herald, Business Monday, August 15, 2011.

The real estate rebound for our City beautiful will have a positive impact to all other aspects of our community.