MG Developer Breaks Ground and Launches Sales For 'The George', The Final Development in Biltmore Square in Coral Gables

One of Coral Gables’ most active development firms, MG Developer, has announced the official groundbreaking and sales launch of The George Residences, its final and most prestigious development in the award-winning Biltmore Square community. Located at 717 Valencia Avenue, this limited collection of 13 ultra-luxury townhomes marks the culmination of MG Developer’s decade-long vision to redefine luxury living in Coral Gables. Residences at The George start at $6.275 million, with completion expected in Q2 2027.

The milestone coincides with the unveiling of new interior and exterior renderings, offering a first look at the architecture, design, and townhome lifestyle that will further elevate one of Coral Gables’ most storied neighborhoods.

“Breaking ground on The George is a defining moment not just for MG Developer, but for Coral Gables as a whole,” said Alirio Torrealba, CEO of MG Developer. “This project represents the apex of our architectural and cultural vision, an homage to George Merrick’s legacy that merges timeless design with a modern sensibility. With Pine Bay Capital’s trust, De la Guardia Victoria Architects & Urbanists’ architectural mastery, and Ryan Serhant of SERHANT. New Development leading sales, we’ve curated a team that embodies the very best of design, craftsmanship, and global appeal.”

Designed by acclaimed architect Maria de la Guardia, The George blends Mediterranean-inspired architecture with contemporary luxury. Each residence spans more than 5,000 square feet and features private courtyards, loggias, summer kitchens, 4-car garages with EV charging stations, and integrated smart-home automation for lighting, music, and security. Finishes include Italian millwork, marble countertops, solid mahogany doors and windows, and premium appliances from Subzero, Wolf, and Waterworks.

Sales and marketing are led exclusively by Ryan Serhant and Jorge Fernandez of SERHANT. New Development, reinforcing the project’s national prominence and positioning it as one of South Florida’s most distinguished new addresses.

“The George is a rare offering, a boutique collection of residences that captures the spirit of Coral Gables’ tree-lined charm while delivering a cosmopolitan level of luxury,” said Ryan Serhant, CEO of SERHANT. “Our team is thrilled to introduce these homes to a discerning audience that values design, sophistication, and timeless quality.”

Earlier this year, MG Developer secured a $41 million construction loan from Pine Bay Capital, underscoring institutional confidence in the Coral Gables ultra-luxury market and the strength of MG Developer’s brand.

Renderings via Metrica Visuals

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MG Developer Receives TCO For The Nearly Sold-Out Althea Row and Tops Off Biltmore Row In Coral Gables

MG Developer has received its TCO for Althea Row and revealed the townhome development’s 7,000 SF model residence. MG Developer also topped-off of Biltmore Row and submit plans to build a 50-residence community called Gables Village. The Coral Gables-based development firm is wrapping up its Biltmore Square community and planning for a new project, just west of LeJeune Road and north of University Drive.

Althea Row, situated at 739 Almeria Avenue, is a five-unit development designed by Coral Gables-based De La Guardia Victoria Architects & Urbanists and premiered its model unit at the 12th Annual Tour of Kitchens. Furnished by Artefacto, the residence opened to much splendor as guests indulged throughout the residence’s European-inspired luxury and design. Inspired by George Merrick and original Gables architects H.George Fink, Phineas Paist and Richard Kiehnel, the 3-story town houses include four bedrooms, four bathrooms with one half bath, a four-car garage, private elevator and private terraces with crafted loggias that bring the best of outdoor Gables living. With 80% of its town houses sold less than 60 days after completion, the fast pace in sales speaks to the demand for products such as Althea Row. Prices for the town houses start at $4.1 million.

“We’re thrilled to have introduced Althea Row to Coral Gables, a high-end community for those who appreciate the finest details of luxury living and lush surroundings of the City Beautiful,” said MG Developer CEO Alirio Torrealba. “Our goal is to always bring a sophisticated product that exceeds expectations while also complementing the aesthetic of the local community.

MG Developer is “building the city beautiful” and enhancing the Coral Gables neighborhoods with their luxurious residences. In all of their projects, they pursue a ceaseless quest for quality, value, and intelligent design which is reflected in the beauty of the Althea Row Residences.

Right next door, Biltmore Row has just topped off, marking a milestone for MG Developer’s master community of Biltmore Square. Biltmore Row fills the void in tasteful luxury that understands the roots traced back to the heritage of classical design elements found in Spanish colonial architecture that is carefully shaped and carved. Elaborate coralina-stoned entries surround and draw the eye to the front door of each of the 10 exclusive townhomes featuring a total of 5,561 SF.

Now in its early planning stage, Gables Village will integrate gardens and courtyards throughout an entire block, with 50% of the site expected to include lush landscaping and hidden parking garages featuring an artistic component that complements the entire Coral Gables community. The assembly of the project will be approximately $50 million and will certainly honor the city’s past while building for modern-day comforts.

“As our projects evolve and move through the planning and design phase, we remain committed to working closely with the City of Coral Gables to deliver communities that fall in line with their aesthetic values, which are rich in cultural and historic traditions,” added Torrealba. “Furthermore, we create homes, we create places that people and the entire community can enjoy and appreciate.”

Also designed by De La Guardia Victoria Architects & Urbanists, Gables Village will be located at 535 Santander Avenue. The development will include townhomes, duplexes, lofts, flats and an archway that raises residences above ground level, creating a distinct welcome into Gables Village.