Check-Out This Lavish Coral Gables Estate Located In The Ultra-Private Journey's End Gated Enclave Which Just Listed For $69.9 Million
An estate in the ultra-private gated enclave of Journey’s End in Coral Gables has hit the market for $69.9 million. The owner Raúl Alarcón is chairman and CEO of Spanish Broadcasting System, an owner and operator of Hispanic radio stations and network television stations in the U.S. and Puerto Rico. Alarcón has many connections in the music industry and artists including Shakira, Marc Anthony and Emilio Estefan have visited his home.
An estate in the ultra-private gated enclave of Journey’s End in Coral Gables has hit the market for $69.9 million. The owner Raúl Alarcón is chairman and CEO of Spanish Broadcasting System, an owner and operator of Hispanic radio stations and network television stations in the U.S. and Puerto Rico. Alarcón has many connections in the music industry and artists including Shakira, Marc Anthony, Romeo Santos, Ozuna, Carlos Vives, Ricardo Arjona, Juanes and Emilio Estefan have visited his home.
Nestled on a peninsula within the exclusive ultra-private community of Journey's End in Coral Gables, this Waterfront Tuscan-style villa is on a sprawling 2-acre lot with over 500-feet of water frontage and access to the bay. With seven bedrooms and eight and half bathrooms spread over 11,000-square feet of living space, this two-story property is a true masterpiece.
The first floor is an entertainer's dream with a state-of-the-art 12-person movie theater, a large home office, a formal living room, a bright formal dining room, and a family room. The large gourmet kitchen boasts double gas ovens and stoves, marble floors and countertops, and a butler's pantry, with an adjacent breakfast room. The second floor features a large primary suite with stunning property views, two large bathrooms, and walk-in closets. Additionally, there are four spacious bedrooms, each with an en-suite bathroom, a study room/office, a laundry room, and a Zen-style spa with a steam room, sauna, hot tub, group shower, private bathroom and massage area.
The outside area offers a playground, a 4-car garage with a guest suite, and a half basketball court. Find multiple terraces and a stunning center courtyard with views of the beautiful pool plus a fully-equipped enclosed gazebo on the property that duals as an office.
9401 Journeys End Road is listed for $69.9 million by Saddy Abaunza Delgado and Valeria Kelly with ONE Sotheby's International Realty.
Images via ONE Sotheby’s International Realty
Israeli Mediterranean Hotspot MOTEK Opens Coral Gables Location
MOTEK, the family-owned Eastern Mediterranean restaurant celebrated for its warm hospitality and award-winning Arayes Burger, is opening its third location at 45 Miracle Mile in Coral Gables, as a response to the overwhelming demand for their quality-driven restaurant. The menu will offer authentic kosher-style Mediterranean dishes, presented in their beloved sunshine yellow atmosphere.
MOTEK, the family-owned Eastern Mediterranean restaurant celebrated for its warm hospitality and award-winning Arayes Burger, is opening its third location at 45 Miracle Mile in Coral Gables, as a response to the overwhelming demand for their quality-driven restaurant. The menu will offer authentic kosher-style Mediterranean dishes, presented in their beloved sunshine yellow atmosphere.
MOTEK was originally established in 2020 in Downtown Miami with the purpose of elevating the Magic City’s Mediterranean food culture. MOTEK offers thoughtful and traditional Israeli Mediterranean dishes that are equally innovative, with quality and freshness at the forefront. The restaurant’s new 7,600 square foot Coral Gables outpost features a modern design coupled with the restaurant’s iconic sunshine yellow hue and vibrant floral touches with cozy interiors designed to make you feel as if you’re dining somewhere between Jaffa and Tel Aviv.
“We are elated with Miami’s immense response to what began as a passion project of ours,” Co-Founder Tessa Levy says. “My husband and I’s deep appreciation for the food culture of our upbringing has inspired us to open the restaurant of our dreams, and we feel blessed to share our distinct vision with a flourishing community like Coral Gables.”
MOTEK’s new Coral Gables location will feature an array of menu items that draw inspiration from regions like Lebanon, Morocco, Yemen and more. The menu boasts an All Day Brunch section with standouts like the Shakshuka, Hummus Shakshuka, and Jerusalem Grilled Cheese; a variety of Hummus options made daily in small batches to preserve freshness; extensive Cold & Hot Mezzes offerings; refreshing Salads; Kebabs; Homemade Flat-Pitas; Wraps with a variety of proteins; and Burgers including the restaurant’s famed Arayes Burger, which has been awarded the coveted People’s Choice Award at South Beach Wine and Food Festival’s popular kick-off Burger Bash two years in a row. Ranging from freshly-made hummus, to hearty meat dishes and a slew of vegetarian options, MOTEK’s menu has something for everyone.
MOTEK’s Coral Gables outpost will be open daily for breakfast, lunch, dinner, and weekend brunch. MOTEK currently has two other locations situated at 36 NE 1st street in Downtown Miami and 19565 Biscayne Blvd in the Aventura Mall, and looks forward to welcoming its fourth restaurant in Miami Beach this summer.
13th Floor and Adler Group Complete Phase 1 of Miami's Link at Douglas Transit-Oriented Development Where Coral Gables Meets Coconut Grove
A JV between Miami-based real estate developers 13th Floor Investments and Adler Group has completed the first phase of Link at Douglas, a 7-acre master planned development that has transformed Miami-Dade County’s Douglas Road Metrorail Station into a mixed-use transit hub at the confluence of Miami’s Coral Gables and Coconut Grove neighborhoods. Now complete and open to the public, the project’s first phase encompasses two residential towers with a total of 733 apartment units.
A joint venture between Miami-based real estate developers 13th Floor Investments and Adler Group has completed the first phase of Link at Douglas, a 7-acre master planned development that has transformed Miami-Dade County’s Douglas Road Metrorail Station into a mixed-use transit hub at the confluence of Miami’s Coral Gables and Coconut Grove neighborhoods. Now complete and open to the public, the project’s first phase encompasses two residential towers with a total of 733 apartment units – the 312-unit CORE and the 421-unit CASCADE buildings – and more than 30,000 square feet of Milam’s Market-anchored retail space. The developers are also completing more than $17 million in public infrastructure improvements, including a fully renovated Metrorail station, and the development of a public plaza that connects with a section of The Underline linear park.
13th Floor Investments is now moving forward with plans for Link at Douglas’ second and final phase, which will encompass an additional two residential towers with approximately 850 multifamily units. Construction of Phase Two is estimated to get underway in late 2023.
Link at Douglas is the latest example of a successful public-private collaboration with Miami-Dade County in which the developers have entered into a ground lease for publicly-owned land in exchange for privately-funded transit and infrastructure upgrades at a critical connection point within the County’s transit system. Link at Douglas’ mobility plan includes connectivity to Metrorail, County buses and municipal trolleys. All told, Link at Douglas is expected to generate $800 million in new revenue for Miami-Dade County over the life of the lease.
“As Miami-Dade County’s population continues to experience rapid growth, we need to come up with forward thinking ways to reduce road congestion and that begins with connecting people with alternative forms of transit,” said Arnaud Karsenti, Managing Principal of 13th Floor Investments. “We’re extremely proud of our partnership with the County with Link at Douglas, which is setting a new standard for urban living in Miami, improving access to jobs, attainable housing opportunities, everyday amenities, and lifestyle-oriented retail for our residents and neighbors.”
The completion of Link at Douglas’ first phase was commemorated at a celebratory event on Monday, February 27, 2023. The ceremony was led by Miami-Dade County Mayor Daniella Cava, Director of Public Works Eulois Cleckley, Commissioner Raquel Regalado, and principals from the project’s development team.
“Link at Douglas is a model for the future of development and mobility in Miami-Dade County. The project will enable more residents to live, work and play without having to worry about traffic or parking, while helping to offset expenses, reduce emissions and promote increased ridership on our Metrorail system,” said Eulois Cleckley, Director and CEO of the Department of Transportation and Public Works for Miami-Dade County.
The Village at Coral Gables Reveals New Renderings Giving First Look At Its Luxurious Wellness Club
Coral Gables-based renowned boutique luxury real estate development firm MG Developer has revealed its latest renderings of The Village at Coral Gables’ Wellness Club, spanning nearly 4,000 SF. Stunning amenities and features include an indoor and outdoor terrace lounge that is ideal for events and gatherings; a fitness wing; a luxurious plunge pool as well as a library and conference center; perfect for residents who enjoy working remotely and are looking for all the office amenities.
Coral Gables-based renowned boutique luxury real estate development firm MG Developer has revealed its latest renderings of The Village at Coral Gables’ Wellness Club, spanning nearly 4,000 square feet. Stunning amenities and features include an indoor and outdoor terrace lounge that is ideal for events and gatherings; a fitness wing; a luxurious plunge pool as well as a library and conference center; perfect for residents who enjoy working remotely and are looking for all the office amenities like high-speed wi-fi and a large monitor screen to host virtual meetings and more.
Curated by MG Developer in collaboration with renowned architect De La Guardia Victoria Architects & Urbanists, the impeccably designed amenity spaces elevate the standard for modern living in historic Coral Gables.
“We pride ourselves in ensuring that each home and community we build, has a unique sense of style and design. For us, every home we create begins with a story, rich in the City’s history,” said Alirio Torrealba, CEO of MG Developer. “And The Village of Coral Gables is a very special enclave that is truly unique in so many ways, but its story is part of the vision George Merrick had when he envisioned the Seven Villages. We are very proud to bring this new design-style of living to life.”
The new renderings provide a sneak preview into a few of the superb amenities that will pay homage to the city’s past while building for modern-day luxurious comforts. The expansive wellness clubhouse, of nearly 4,000 square feet, emanates a contemporary and tropical ambiance, built in Mediterranean revival-style architecture, and a color scheme that blends natural tones with lush green foliage with hints of gold décor accents.
While the curated interiors were inspired by the aesthetic beauty and lifestyle of Seville, Spain, MG Developer set out to continue the vision of George Merrick's, founder of Coral Gables. The boutique 48-residence residential enclave will pay homage to Merrick’s legacy and history in a classic yet modern way.
The Village at Coral Gables will be bordered by gardens inspired by the alcoves in the Plaza de España and will integrate courtyards throughout an entire block, with 50 percent of the site expected to include lush landscaping and hidden parking garages featuring an artistic component that complements the Coral Gables area.
The Village at Coral Gables will feature four distinctive collections: Townhomes, Lofts, Villas, and Flats. Residences will vary in style and size, from the sophisticated flats of two bedrooms with a study room and a balcony to the charming four-bedroom townhomes that range from 1,750 square feet to 3,100 square feet.
Although the development is situated within walking distance to the new Plaza, Downtown Coral Gables, and is in close proximity to South Florida’s most sought-after golf courses, the new Lowe’s Hotel, the Biltmore Hotel, cultural attractions, as well as the best dining venues in Miami, the verdant canopy streets that surround The Village at Coral Gables evoke the serenity of a quiet countryside. With everything The Village at Coral Gables has to offer, combined with its stunning design and lifestyle, it is poised to become the most desired living destination in South Florida.
Located at 535 Santander Avenue and set throughout 17 lots, The Village at Coral Gables site is bordered by Malaga Avenue, Santander Avenue, Segovia Street, and Hernando Street. Completion is expected by 2024. .
MG Developer, led by Alirio Torrealba, is one of South Florida’s most active residential developers having completed its newest project, Biltmore Row, and Althea Row, which nearly sold out in less than 90 days and completed its Biltmore Square community that includes the award-winning Beatrice Row, which was recognized internationally for its stunning and classical design.
Quest Workspaces Signs 22,252 SF Lease At Allen Morris Company's Alhambra Towers
Quest Workspaces, a leading Florida-based developer and operator of high-quality flexible workspace solutions in Miami and New York, has signed a 22,522 square foot lease at the Allen Morris Company’s iconic Alhambra Towers in Coral Gables, located at 121 Alhambra Plaza. Quest Workspaces will occupy the entire 10th floor of Coral Gables’ premier Class A+ building and is expected to open in Q3 2023.
Quest Workspaces, a leading Florida-based developer and operator of high-quality flexible workspace solutions in Miami and New York, has signed a 22,522 square foot lease at the Allen Morris Company’s iconic Alhambra Towers in Coral Gables, located at 121 Alhambra Plaza. Quest Workspaces will occupy the entire 10th floor of Coral Gables’ premier Class A+ building and is expected to open in Q3 2023.
Quest’s newest location in Alhambra Plaza will be the shared workspace brand’s 13th location throughout Florida and New York. Quest Workspaces is the largest female-owned shared workspace brand in the U.S., has been named one of INC’s 5000 Fastest Growing Companies and has been voted a ‘Best Place to Work’ every year for the past 10 years.
“We are honored to have Quest Workspaces join the Alhambra Towers family,” says Spencer Morris, President of The Allen Morris Company. “The location of the building, coupled with Quest’s highly successful operating structure is ideal for the post-pandemic hybrid work model desired by so many. The expanded building amenities create an unparalleled value proposition in the shared workspace arena as well as for all of Alhambra Towers’ tenants. The furnished, fully landscaped outdoor terraces will be ideal for special events, lunch, and coffee breaks.”
The shared workspace offerings will include individual offices, most with expansive windows, shared meeting spaces and multiple conference rooms of various sizes. Alhambra Towers’ 10th floor also includes one-of-a-kind amenities, including three large, wrap-around, multi-use outdoor terraces totaling 6,000 square feet, offering 360-degree views of the city.
Quest Workspaces plans on completely renovating the terraces, turning them into zen-like spaces for lunch breaks, casual meetings, recreational usage and special events. The space will be accessible to all building tenants.
Quest’s lease coincides with a $4 million renovation of the building’s lobby and common areas, and the addition of a ground-floor, soon-to-be-announced destination restaurant on the building’s ground floor, scheduled to open this summer.
Lance Benson of Newmark represented Quest, Thad Adams, Maricarmen Cabrera and Rafael del Rosal represented Alhambra Towers.
“We are so excited to expand our presence in Coral Gables, and bring our unique approach to shared workspace to more businesses and entrepreneurs in our community,” says Laura Kozelouzek, CEO of Quest Workspaces. “Our new location in Alhambra Towers is the corner of ‘Main and Main,’ within minutes from dozens of restaurants and hotels. Plus, a building owned and operated by The Allen Morris Company ensures us that our clients are benefiting from being in a superior office building with the highest level of service, quality and amenities.”
Master Brokers Forum Listing: Check Out This Full-Floor Coral Gables Sky Home Asking $3 Million
Master Brokers Forum member Mauricio J. Barba presents this full-floor sky home with 4,111 square feet of living space and 1,291 square feet of terraces, boasting phenomenal vistas of the golf course, downtown, The Biltmore, Coconut Grove, and even a peek of the bay. Timeless finishes such as limestone floors and marble baths grace the home with natural light and views.
Master Brokers Forum member Mauricio J. Barba presents this full-floor sky home with 4,111 square feet of living space and 1,291 square feet of terraces, boasting phenomenal vistas of the golf course, downtown, The Biltmore, Coconut Grove, and even a peek of the bay. Timeless finishes such as limestone floors and marble baths grace the home, while natural light - and views - filter through the floor-to-ceiling windows. Its floor plan consists of a private elevator vestibule at center with the main suite with a second suite on the east, and kitchen, dining, laundry, and third and fourth suites to the west. Stroll to 40-plus restaurants, shops, and parks. Gables on The Green is undergoing a full modernization to the common areas, exterior, gym, and lobby, and the seller is covering these costs.
626 Coral Way, #LPH03 is currently listed for $2,996,000 with Mauricio J. Barba of Compass, who can be reached at 305.439.8211 and/or mauricio@miamisignaturehomes.com.
The Master Brokers Forum is a local network comprised of South Florida's elite real estate professionals. Learn more at www.MasterBrokersForum.com.
Pre-Leasing Launches For Cascade Luxury Rentals At Link At Douglas
The demand for upscale living near accessible transportation hubs in Miami is stronger than ever as connectivity and location are highly desired attributes. Cascade – the second multifamily tower to be delivered within the seven-acre Link at Douglas masterplan development – is redefining luxury living with this notion. Set adjacent to the Douglas Road Metrorail Station, The Underline linear park, and the city’s main thoroughfare of US-1, the transit-oriented property has officially commenced pre-leasing.
The demand for upscale living near accessible transportation hubs in Miami is stronger than ever as connectivity and location are highly desired attributes. Cascade – the second multifamily tower to be delivered within the seven-acre Link at Douglas masterplan development – is redefining luxury living with this notion. Set adjacent to the Douglas Road Metrorail Station, The Underline linear park, and the city’s main thoroughfare of US-1, the transit-oriented property has officially commenced pre-leasing for its 421 modern apartment homes and will soon welcome residents.
Set at 3050 SW 37th Ave Miami, Cascade is developed as a joint venture between Miami-based real estate developers 13th Floor Investments and Adler Development, in partnership with global investment manager Barings. The 37-story tower is a community-focused centerpiece at the confluence of the city’s coveted neighborhoods – Coconut Grove and Coral Gables – and introduces an all-encompassing lifestyle that unites unmatched amenities, sophisticated living, and dynamic retail. This includes the highly anticipated Milam’s Market on the ground floor, which is set to open in late 2022.
Cascade caters to a variety of lifestyles, from family and young professionals to students and sophisticated dwellers. Residences are thoughtfully designed to work with the rhythm of each day, balancing a lifestyle of 24/7 connectivity with time to unplug, unwind and indulge.
Apartment homes start from $2,600 per month and range from one- to three-bedroom floorplans, encompassing 582 to 1,576 square feet. They are complete with stone-wrapped kitchen islands, floor-to-ceiling windows, and in-unit washer and dryers. Superior features and finishes include tall matte lacquer soft close cabinets, full tile backsplash, modern ENERGY STAR® appliances, porcelain tiled showers, front-lit vanity mirrors, and wood-look flooring. Inboard private balconies are available in select residences. With leasing and property management by Bozzuto, meticulous attention will remain a cornerstone of the project’s DNA, conveying warm hospitality and a strong sense of community
“We are thrilled to launch the leasing program for Cascade and soon unveil this new addition to the Miami skyline,” said Arnaud Karsenti, Managing Principal of 13th Floor Investments. “Our vision for this property, and the entire Link at Douglas community, was to meet the growing needs of today’s contemporary renter who is seeking modern living options linking them to the heart of their city. We have curated a lifestyle that is elevated in every sense, from refined design, thoughtful amenities and ultimate connectivity, to the building’s physical footprint as an eye-catching emergence visible along the US-1 corridor.”
The property’s exquisite details and views — spanning the surrounding lush treetops to the waters of Biscayne Bay — are further elevated by a cascade of amenities that await. From socialites to those who simply desire to bask in South Florida’s sunshine, the 10th-floor amenity deck is a sophisticated oasis for all. At its core is a resort-style pool with luxury lounge seating, cabanas, and a poolside bar. Date nights and family gatherings level up with an outdoor movie screen and a game room complete with billiards, shuffleboard and card tables. Fitness fans can also head to the basketball half-court or yoga studio. Cue grilling stations for gatherings, with outdoor dining or an indoors social lounge complete with comfortable seating, modern kitchen, media room, and a kids’ playroom catering to Cascade’s youngest residents. Plus, pet owners can ensure their four-legged friends feel as much at home as they do with an onsite dog run and wash.
Designed by Arquitectonica, Cascade’s glass-wrapped tower celebrates elements that unite comfort and style with sophistication and a tropical twist. With interiors by Design Agency, the property features teak wood and textured wall designs in contrast with matte black accents, creating effortless elegance without exclusivity. Earth tones can be found throughout, from relaxed greenery and natural wood details in the lobby lounge to a lush garden display outlining the expansive amenity deck, offering serenity in each space.
Cascade’s transit-oriented appeal – direct access to the Metrorail system, bus lines, and Coral Gables’ Trolley – creates a seamless link to popular communities, including Brickell, Downtown Miami and the Health District, and makes car-free living an easy choice for residents. It is just minutes from Miami’s most in-demand shopping, dining and entertainment destinations, from Downtown Coral Gables to Shops at Merrick Park to South Miami and vibrant Coconut Grove, and the University of Miami’s main campus is a quick walk or bike ride away.
In its full vision, the overall Link at Douglas master plan will encompass approximately 1,600 residential units, over 32,000 square feet of retail space, and a public plaza that connects with The Underline. Last year, the development team delivered Cascade’s sister property, CORE, a 22-story multifamily tower encompassing 312 apartment residences and 6,000 feet of ground-floor retail.
MG Developer Reveals New Renderings of The Village at Coral Gables Ahead of Groundbreaking
MG Developer has revealed new renderings of the luxurious interiors of The Village at Coral Gables ahead of groundbreaking and on the heels of the grand opening of its state-of-the-art, on-site showroom. The Village at Coral Gables is one of the most highly anticipated enclaves to enter the Coral Gables prime property market, featuring 48 residences with 4 distinctive collections: Townhomes, Lofts, Villas, and Flats.
MG Developer has revealed new renderings of the luxurious interiors of The Village at Coral Gables ahead of groundbreaking and on the heels of the grand opening of its state-of-the-art, on-site showroom.
The Village at Coral Gables is one of the most highly anticipated enclaves to enter the Coral Gables prime property market, featuring 48 residences with 4 distinctive collections: Townhomes, Lofts, Villas, and Flats. The project’s curated interiors pay homage to the aesthetic beauty and lifestyle of Seville, Spain, and continue the legacy of the dreamer and founder of Coral Gables, George Merrick, and his vision for “The City Beautiful”. Furnishings were selected from RH (Restoration Hardware), who have proven their design leadership in the luxury lifestyle market.
“The Village at Coral Gables’ striking design embodies the vibrant lifestyle that Coral Gables offers, a destination with a perfect blend of urban living and green space,” said Mayi de la Vega, Founder and CEO of ONE Sotheby’s International Realty, the exclusive sales and marketing partner for The Village at Coral Gables. “With an incredible variety of floorplans, the residences offer endless possibilities and the ultimate home for those seeking the best that the City Beautiful has to offer.”
The timeless architecture harmonizes with the natural light-filled homes, amenities, and common areas, all crafted by MG’s design team, the architect Maria De La Guardia, from De La Guardia Victoria Architects & Urbanists, and is inspired by Merrick’s seven villages. The Village at Coral Gables will be built in a Mediterranean Revival-Style architecture, bordered by gardens and surrounded by courtyards, and the glorious fountains, inspired by the Ibero-American Exposition in 1929 in the Plaza de España, Seville, which was a vibrant focal point within the neighborhood.
“Through the implementation of sophisticated materials and handmade elements in addition to a selection of art and design pieces, which MG Developer is known for at all its properties, The Village at Coral Gables will undoubtedly become a point of reference for top architecture and design in the Coral Gables area for generations to come,” added Maria de la Guardia, Founder of De La Guardia Victoria Architects & Urbanists.
Units vary in style and size, from the sophisticated flats of two bedrooms with a study room and a balcony to the charming four-bedroom townhomes that range from 1,750 square feet to 3,100 square feet. The classic yet modern village will also feature thoughtful recreational amenities including a Club House, Fitness Center, Business Center, and a Pool with a Pool House for residents to enjoy.
“As per developer’s design, The Village at Coral Gables will be set as the new standard for a modern luxurious lifestyle, in an efficient and sophisticated layout with ample space, which includes magnificent terraces and stunning balconies, outdoor social areas for a more ergonomic and functional environment that you’ll love spending time in,” said Jenny Ducret, COO, MG Developer. “The furniture will add splendor to the setting while complementing the building’s luxurious atmosphere and strong connection to the outdoors – both trademarks of The Village at Coral Gables.”
The verdant canopy streets that surround The Village at Coral Gables feel like the suburbs, but is really in walking distance to Downtown Coral Gables, and is in close proximity to South Florida’s most sought-after golf courses, The Biltmore Hotel, cultural attractions, as well as the best dining establishments. With everything The Village at Coral Gables has to offer, combined with the stunning design and lifestyle, it is positioned to sell out quickly.
Located at 535 Santander Avenue and set throughout 17 lots, The Village at Coral Gables site is bordered by Malaga Avenue, Santander Avenue, Segovia Street, and Hernando Street. Completion of the $50 million development is expected by 2024.
MG Developer, led by Alirio Torrealba, is one of South Florida’s most active residential developers having completed its newest project, Althea Row, which nearly sold out in less than 90 days. MG will soon wrap up its Biltmore Square community, as it completes Biltmore Row, the 10 exclusive townhomes featuring a total of 5,561 square feet each, with elaborate coralline-stoned entryways that trace back to the heritage of classical design elements found in Spanish colonial architecture.
Terranova Reveals Arquitectonica-Designed Carbon-Neutral Mixed-Use Building On Miracle Mile In Coral Gables
Terranova Corporation, led by Stephen Bittel, has revealed plans for 93 Miracle Mile, the first carbon-neutral building in Florida on Miracle Mile in Coral Gables. The Arquitectonica-designed mixed-use commercial building will use electricity-generating photovoltaic glass and will be the first built under the new Miracle Mile Overlay zoning code.
Terranova Corporation, led by Stephen Bittel, has revealed plans for 93 Miracle Mile, the first carbon-neutral building in Florida on Miracle Mile in Coral Gables. The Arquitectonica-designed mixed-use commercial building will use electricity-generating photovoltaic glass and will be the first built under the new Miracle Mile Overlay zoning code. Plans were recently submitted to the City of Coral Gables for approval. 93 Miracle Mile will rise four-stories and will feature 6,700 SF of ground floor restaurant space, 9,700 SF of retail space on the 2nd and 3rd floors, and 7,300 SF of office space on the 4th floor. The building will also feature a rooftop terrace.
Terranova is the largest property owner on Miracle Mile with a portfolio spanning 15 properties and 120,000 SF. They acquired the .2-acre site with a vacant 9,000 SF retail building which was previously Navarro Discount Pharmacy for $6.8 million in December 2021.
MG Developer Celebrates Grand Opening Of Gables Village Showroom in Coral Gables
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. Units will vary in style and sizes including, one-bedroom flats to four- bedroom townhomes that range size, from 1,750 sq. ft. to 3,100 sq. ft.
MG Developer has officially opened the showroom for their newest and most exclusive project, “Gables Village,” a 48-residence collection inspired by the province of Seville, Spain. The intimate ribbon cutting ceremony was attended by Mayor Vince Lago, and several City commissioners, LESTE, VYV, Linkvest Capital, ONE Capital, investors for the development, as well as ONE Sotheby’s, the exclusive broker, for Gables Village. The new sales center is located at 2990 Ponce de Leon Boulevard in Coral Gables.
MG Developer created a sophisticated Seville-themed ambiance for the event and featured Spanish traditions including a cigar-maker, and entertainment while serving Cava and fine Spanish wines, decadent delicacies, and desserts, for all the notable guests to enjoy the official opening celebrations of the new Gables Village gallery, which is located on Ponce de Leon Boulevard. MG also featured an impressive documentary-style film showcasing their trajectory as developers in the City Beautiful with never-before-seen aerial shots of Coral Gables.
The event, culminated with remarks made by Coral Gables’ Mayor Vince Lago; Alirio Torrealba, CEO of MG Developer; Gables Village architect, Maria de la Guardia of De La Guardia Victoria Architects & Urbanists; and Daniel de la Vega, President of One Sotheby’s International. Mark Trowbridge, President of the Coral Gables Chamber of Commerce was the Emcee for the event.
“We are thrilled to be here with all of you today in this stunning new gallery, getting a glimpse of our future. We are very proud to be a part of bringing Gables Village to life in our City,” said, City of Coral Gables, Mayor Vince Lago. “We have never seen a project of this magnitude, receive such praise since it was first introduced to the City. MG Developer understands the importance of building residences that fall in line with our City’s rich history, tradition and aesthetic values, which our City is known for. We are all eager to see this vibrant community come to fruition.”
The $50 million development will be completed by 2024 and will pay homage to George Merrick’s legacy, and original vision, for this parcel of the City Beautiful in a classic, yet modern way.
“We are so excited about opening our first showroom as we get closer to breaking ground on Gables Village,” said Alirio Torrealba, CEO, MG Developer. “I want to give a special thanks to our partners that entrusted in us. These partnerships solidify our vision for building luxurious residences in one of the most sought cities in the world. We are excited about Gables Village, the City’s future and growing our partnerships,”
“This gallery provides buyers with a preview and chance to see, touch and feel all of the modern touchpoints and luxurious finishes they can soon find in their home. It will truly inspire people to want to be in Coral Gables and be part of this new luxurious enclave.”
The project itself is located at 535 Santander Avenue and 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. It will be 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. Units will vary in style and sizes including, one-bedroom flats to four- bedroom townhomes that range size, from 1,750 sq. ft. to 3,100 sq. ft. The village will also boast recreational amenities, including a multipurpose room, a pool, and a Wellness Center for residents to enjoy. Construction for the project starts in the Fall of 2022 and will be completed in 2024.
“We take a lot of pride in building in the City Beautiful and the communities we build are for the people that enjoy the sophisticated lifestyle Coral Gables has to offer. We develop luxury residences that inspire, and this new gallery does just that. As soon as you walk in, you feel in awe and right at home at the same time,” added Torrealba.
MG Developer, led by Alirio Torrealba, is the City’s most active residential developer having completed its newest project, Althea Row, which nearly sold-out in less than 90 days. MG will soon wrap-up its Biltmore Square community, as it completes Biltmore Row, the 10 exclusive townhomes featuring a total of 5,561 square feet each, with elaborate coralina-stoned entryways that trace back to the heritage of classical design elements found in Spanish colonial architecture.
Fouquet’s Hotel & Residences, Miami Design District has unveiled more than 40,000 square feet of amenities designed by RDAI, the Paris-based studio behind Hermès stores worldwide. The 143-residence development pairs rooftop leisure and wellness spaces with direct access to an 85-key Fouquet’s hotel.