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Allen Morris Company Spearheads Private / Public Partnership with City of Coral Gables To Upgrade Ponce Circle Park

October 15, 2026

Allen Morris Co., a diversified Southeast real estate development firm developing Ponce Park Coral Gables and Ziggurat Coconut Grove, has revealed a public-private partnership with the City of Coral Gables and Agave Holdings, owner of The Plaza Coral Gables, for the redesign and cultural reactivation of Fred B. Hartnett Ponce Circle Park.

The $10+ million project is funded through a three-way public/private partnership among the Allen Morris Company, the City of Coral Gables and Agave Holdings. Allen Morris Company is also guaranteeing any cost overruns beyond the committed amounts, underscoring its commitment to delivering the project as designed.

“World-class cities are defined by their parks and public spaces,” said Mayor Vince Lago. “The transformation of Ponce Circle Park is another step in our commitment to creating exceptional open spaces that strengthen our downtown and enhance the quality of life for generations to come.”

"Every great city is remembered by its public spaces. They become the places where people gather, celebrate, reflect, and create memories across generations. Fred B. Hartnett Ponce Circle Park sits at the heart of Coral Gables, surrounded by many of the city's most important destinations, and we have a rare opportunity to help create a park that truly belongs to the community. Working alongside the City of Coral Gables and Agave Holdings, our goal is to create a place of lasting beauty—one that enriches daily life, reflects the character of Coral Gables, and serves as a source of pride for generations to come," said W.A. Spencer Morris, President of Allen Morris Co.

The initiative reflects Coral Gables’ long-standing tradition of public-private collaboration, where civic ambition and private investment combine to shape enduring public spaces.

"I am incredibly proud that Allen Morris Co. and the City of Coral Gables shared the transformative vision to reimagine Ponce Circle as a functional, timeless, and elegant public park. Chic, sophisticated, inviting, and European in spirit, the park reflects the magic that happens when great minds, thoughtful planning, and exceptional design come together to create a lasting legacy for residents, visitors, and everyone who lives, works, and gathers in our city," said Maricris Longo, Coral Gables resident, real estate investor, and community advocate.

Public art centerpiece

A defining feature of the renewed park will be Puffed and Inverted Star II, a monumental polished aluminum sculpture by Frank Stella, installed in a reflecting pool at the north end of the park. The sculpture was acquired by the City of Coral Gables following the recommendation of the Cultural Development Board. Stella passed away in May 2024 at the age of 87, making this a posthumous public installation of one of his final large-scale works. The sculpture will become an instant landmark, a defining visual element of downtown Coral Gables, and a destination.

A historic civic space reimagined

Fred B. Hartnett Ponce Circle Park, located at 2810 Ponce de Leon Boulevard, has been a civic gathering place since the early development of Coral Gables in the 1920s under founder George Merrick. Originally designed by landscape architect William Lyman Phillips, the park has long served as a central point within the city’s historic urban fabric. This project marks the most comprehensive reimagining of the park in its history, positioning it for its next century as a civic and cultural anchor for the community.

Design team and ecological approach

The architectural and landscape vision for the park is led by Maria de la Guardia of de la Guardia Victoria Architects & Urbanists, a Coral Gables-based firm known for its context-sensitive approach rooted in classical architecture and urbanism, in collaboration with Andres Arcila of Naturalficial. Planting design is developed in coordination with Fairchild Tropical Botanic Garden, ensuring a resilient, biodiverse, and regionally appropriate landscape strategy.

Integrated public realm improvements

In addition to the park redesign, the project includes a coordinated set of streetscape and infrastructure upgrades along Ponce de Leon Boulevard and Almeria Avenue to University Drive. Improvements include enhanced pedestrian crossings, raised crosswalks, speed tables, and a new stormwater drainage system, all designed to improve safety, connectivity, and walkability. Together, the park and streetscape interventions will create a more unified and accessible civic corridor.

The Odeon: a new cultural venue

At the center of the redesigned park will be the Odeon, an open-air performance structure designed to host year-round programming including concerts, theatrical performances, civic events, fitness classes, and cultural gatherings. When not programmed, the Odeon will function as flexible public seating, ensuring continuous activation of the space throughout the day and evening.

Project leadership and timeline

Allen Morris Company is serving as Development Manager for the project, overseeing design, permitting, and construction through completion. The Coral Gables City Commission has unanimously approved the project, and a Development Management Agreement has been executed between all parties. Construction is scheduled to begin in January 2027, with completion anticipated in the first quarter of 2028.

Allen Morris Company Spearheads Private : Public Partnership with City of Coral Gables To Upgrade Ponce Circle Park 6.jpg
Allen Morris Company Spearheads Private : Public Partnership with City of Coral Gables To Upgrade Ponce Circle Park 5.jpg

Past PROFILEmiami articles about Ponce Park Coral Gables:

South Florida and Miami Real Estate News, Media and Lifestyle
Allen Morris Company Spearheads Private : Public Partnership with City of Coral Gables To Upgrade Ponce Circle Park 2.jpg
October 15, 2026
Allen Morris Company Spearheads Private / Public Partnership with City of Coral Gables To Upgrade Ponce Circle Park
October 15, 2026

Allen Morris Co., a diversified Southeast real estate development firm developing Ponce Park Coral Gables and Ziggurat Coconut Grove, has revealed a public-private partnership with the City of Coral Gables and Agave Holdings, owner of The Plaza Coral Gables, for the redesign and cultural reactivation of Fred B. Hartnett Ponce Circle Park.

Read more →
October 15, 2026
PROFILEmiami Pre-Construction Development Summit 2026-5.png
September 16, 2026
Showcase Guide: 3rd Annual PROFILEmiami Pre-Construction Development Summit 2026 Presented by Sterling Risk Insurance at the Coral Gables Museum
September 16, 2026

The PROFILEmiami Pre-Construction Development Summit 2026 Showcase Guide is your resource for exploring the projects participating in this year's Summit. Discover each development's location, development team, architecture and design, residences, pricing and key project details, while connecting directly with the developers and sales teams behind them at the Showcase.

Read more →
September 16, 2026
The Allen Morris Company Reveals Ponce Park Coral Gables' Meyer Davis-Designed Amenity Collection 15.jpg
August 11, 2026
The Allen Morris Company Reveals Ponce Park Coral Gables' Meyer Davis-Designed Amenity Collection
August 11, 2026

The Allen Morris Co. has unveiled the amenity collection for Ponce Park, offering a first look at the wellness, hospitality and social spaces that will define everyday life within one of Coral Gables' most anticipated mixed-use developments. Designed by Meyer Davis, the newly released spaces build upon the residences’ recently unveiled interiors, extending the same design philosophy throughout the building.

Read more →
August 11, 2026
Allen Morris Company Ponce Park Coral Gables PROFILEmiami.png
July 14, 2026
Allen Morris Co. Completes Demolition at Ponce Park Coral Gables, Set to Open New On-Site Sales Gallery
July 14, 2026

Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has completed demolition at the future site of Ponce Park Coral Gables, paving the way for the start of site work and vertical construction. A newly rebuilt sales gallery to the same quality and standard as the original is set to open on-site in the coming weeks.

Read more →
July 14, 2026
PROFILE Development Spotlight Editorial Ponce Park.png
July 6, 2026
Development Spotlight: Ponce Park Coral Gables
July 6, 2026

Few locations in South Florida offer the combination of architectural heritage, walkability, and enduring value found in the heart of Coral Gables. Rising directly across from Ponce Circle Park, Ponce Park represents one of the city's most significant new mixed-use developments, combining luxury residences, destination retail, and public realm improvements within one thoughtfully designed address.

Read more →
July 6, 2026
From Tivoli to the Apuan Alps, Allen Morris Company Defines a New Standard in Design Provenance at Ponce Park Coral Gables 5.jpeg
June 10, 2026
From Tivoli to the Apuan Alps, Allen Morris Company Defines a New Standard in Design Provenance at Ponce Park Coral Gables
June 10, 2026

The Allen Morris Company, has unveiled the interior design program for Ponce Park, advancing a design approach rooted in material provenance, craftsmanship, and architectural intention. Rather than sourcing finishes through traditional catalogs, the development team traveled to Italy to personally select the stone that will define the project, establishing a direct connection between Ponce Park and the historic quarries from which its materials originate.

Read more →
June 10, 2026
Inside the 4th Annual PROFILE State of the Market 2026 Presented by Tower Capital Partners at Artefacto Coral Gables 118.jpg
June 2, 2026
Inside the 4th Annual PROFILE State of the Market 2026 Presented by Tower Capital Partners at Artefacto Coral Gables
June 2, 2026

On Tuesday, May 12, 2026, PROFILEmiami hosted the 4th Annual PROFILE State of the Market 2026 presented by Tower Capital Partners at the luxurious Artefacto flagship showroom in Coral Gables, bringing together more than 200 of South Florida’s leading developers, brokers, investors, financiers, architects, designers, and real estate professionals for an evening of high-level market insight, bespoke networking, and real estate showcase activations.

Read more →
June 2, 2026
Iconic Madrid Restaurant Quintín Ultramarinos Coming to Ponce Park in Coral Gables
March 18, 2026
Iconic Madrid Restaurant Quintín Ultramarinos Coming to Ponce Park in Coral Gables
March 18, 2026

Allen Morris Co, developer of the Mediterranean-inspired luxury condominium Ponce Park in Coral Gables, has revealed that acclaimed Madrid dining institution Quintín Ultramarinos will open at the project in 2028. The highly anticipated restaurant will anchor the curated retail experience at Ponce Park, reinforcing the development’s vision of blending international lifestyle, design, and hospitality within one of South Florida’s most vibrant neighborhoods.

Read more →
March 18, 2026
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January 20, 2026
Allen Morris Co. Secures $132.5 Million Construction Loan from Bank OZK for Ponce Park Coral Gables
January 20, 2026

Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has secured a $132.5 million construction loan from Bank OZK for Ponce Park, an ultra-luxury condominium development in the heart of Coral Gables that will redefine boutique luxury living.

Read more →
January 20, 2026
Allen Morris Co. Breaks Ground on Ponce Park In Downtown Coral Gables 3.jpg
December 27, 2025
Allen Morris Co. Breaks Ground on Ponce Park In Downtown Coral Gables
December 27, 2025

Allen Morris Co., one of the most renowned real estate firms in the Southeast U.S., has officially broke ground on Ponce Park, its highly anticipated mixed-use development in the heart of Coral Gables.

Read more →
December 27, 2025
Lili Gambogi, Javier Bellon, Patsy Bilbao, Lauren Kraus & Ena Espino Pereda.jpg
October 3, 2025
Allen Morris Company Kicks Off Fall With Lavish Preview of Ponce Park in Coral Gables
October 3, 2025

The Allen Morris Company, one of the most renowned real estate firms in the Southeast U.S., celebrated the kick-off of the fall season with an intimate evening showcasing its latest luxury developments in Coral Gables – Ponce Park.

Read more →
October 3, 2025
The Allen Morris Company Reveals New Renderings Of Lavish Amenities Coming To Ponce Park Residences in Coral Gables 4.jpg
September 17, 2025
The Allen Morris Company Reveals New Renderings Of Lavish Amenities Coming To Ponce Park Residences in Coral Gables
September 17, 2025

Ponce Park Coral Gables has revealed its latest amenities, offering a first look at the spaces that will define a lifestyle of wellness, leisure, and refined living. The state-of-the-art fitness center, located on the mezzanine level, is fully equipped with the latest technology and opens directly onto a serene courtyard meditation garden.

Read more →
September 17, 2025
The Allen Morris Company Reveals Lavish Ponce Park Residences Sales Gallery In Coral Gables 76.jpg
May 21, 2025
The Allen Morris Company Reveals Lavish Ponce Park Residences Sales Gallery In Coral Gables
May 21, 2025

The Allen Morris Company has revealed the lavish, newly opened sales gallery for Ponce Park Residences, an ultra-luxury condominium coming to Downtown Coral Gables. The sales gallery highlights the incredible Meyer Davis-designed interiors, offering prospective buyers an exclusive look at the residences and amenities.

Read more →
May 21, 2025
Inside Allen Morris Company's Lavish Sales Launch Event For Ponce Park Residences in Coral Gables 2.JPG
February 26, 2025
Inside Allen Morris Company's Lavish Sales Launch Event For Ponce Park Residences in Coral Gables
February 26, 2025

On January 29, 2025, the Allen Morris Company, one of Miami’s most distinguished real estate firms, celebrated the official launch of sales for Ponce Park Residences in Coral Gables with a sumptuous event at Michelin-starred Chef Thomas Keller’s Bouchon Bistro.

Read more →
February 26, 2025
Allen Morris Company, One of Miami's Oldest Development Firms, Launches Sales of 'Ponce Park Residences' In Coral Gables 4.jpg
January 29, 2025
Allen Morris Company, One of Miami's Oldest Development Firms, Launches Sales of 'Ponce Park Residences' In Coral Gables
January 29, 2025

In a City already renowned for its luxury residential, the Allen Morris Company, one of the most renown real estate firms in the Southeast U.S., has launched the sales of Ponce Park Residences in Coral Gables. Ponce Park Residences is an ultra-luxury mixed-use, one-of-a-kind boutique condominium community featuring 58 two- to five-bedroom residences. Residences will range in size from 1,900 sq ft to 6,500 sq ft for penthouse residences, and will offer oversized 11’ deep balconies.

Read more →
January 29, 2025
Allen Morris Company Receives Commission Approval For Ponce Park Residences Coral Gables Condo 2.jpg
May 23, 2024
The Allen Morris Company Receives Commission Approval For Ponce Park Residences Coral Gables Condo
May 23, 2024

The Allen Morris Company, led by Allen and Spencer Morris, have received commission approval for Ponce Park Residences, a luxury condo project set to rise in the heart of Coral Gables. Located on the crown jewel site at the intersection of the renowned Ponce De Leon Boulevard and University Drive in Coral Gables.

Read more →
May 23, 2024
The Allen Morris Company Proposes Ponce Park Residences in Coral Gables
February 19, 2021
The Allen Morris Company Proposes Ponce Park Residences in Coral Gables
February 19, 2021

The Allen Morris Company, headquartered in Coral Gables for nearly 20 years, has announced plans for Ponce Park Residences. The project will consist of 171-luxury residences with retail and restaurant space on the ground level. Most significantly, the project will create a ¾ acre open-air space with an urban park dedicated to the City of Coral Gables.

Read more →
February 19, 2021

For more information about Ponce Park Coral Gables fill out the form below:

In Coral Gables, Development, Development News, Lifestyle, News, News & Features, Parks & Recreation, Public Space Tags Allen Morris Company, Ponce Park Residences, Ponce Circle Park, Fred B. Hartnett Ponce Circle Park, Vince Lago, Spencer Morris, W.A. Spencer Morris, Coral Gables, Public Land, Public Space, Parks & Recreation, Public-Private Partnership, News, News & Features, Development, Development News, Featured, 2810 Ponce de Leon Boulevard, William Lyman Phillips, The Plaza Coral Gables, Agave Holdings, Agave Ponce, Agave Ponce LLC, Lifestyle
Inside the 3rd Annual PROFILEmiami Pre-Construction Development Summit 2026 Presented by Sterling Risk Insurance at the Coral Gables Museum →
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Allen Morris Company Spearheads Private : Public Partnership with City of Coral Gables To Upgrade Ponce Circle Park 2.jpg
October 15, 2026
Allen Morris Company Spearheads Private / Public Partnership with City of Coral Gables To Upgrade Ponce Circle Park
October 15, 2026

Allen Morris Co., a diversified Southeast real estate development firm developing Ponce Park Coral Gables and Ziggurat Coconut Grove, has revealed a public-private partnership with the City of Coral Gables and Agave Holdings, owner of The Plaza Coral Gables, for the redesign and cultural reactivation of Fred B. Hartnett Ponce Circle Park.

Read more →
October 15, 2026
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October 14, 2026
Inside the 3rd Annual PROFILEmiami Pre-Construction Development Summit 2026 Presented by Sterling Risk Insurance at the Coral Gables Museum
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PROFILEmiami hosted the 3rd Annual PROFILEmiami Pre-Construction Development Summit Presented by Sterling Risk Insurance at the Coral Gables Museum. Bringing over 450 members of South Florida’s development community together, the evening paired a real estate development showcase with three panels and a networking cocktail soirée, connecting the people and projects shaping the region’s next chapter.

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