PROFILEmiami & MG Developer Present: An Exploration Into Capital Markets Coral Gables

PROFILEmiami and MG Developer are pleased to present ‘An Exploration into Capital Markets Coral Gables’, a immersive panel event exploring capital markets and real estate development in South Florida with an emphasis on Miami’s Coral Gables neighborhood. The evening will include an in-depth discussion on Capital Markets along with cocktails and networking at MG Developer’s Village at Coral Gables sales gallery in the heart of Coral Gables.

The relaxed and open setting provides an opportunity for attendees to learn about the current and future state of South Florida’s Capital Markets in Coral Gables, one of Miami’s hotbed neighborhoods for business and development. The lavish showroom provides an intimate yet luxurious setting to enjoy cocktails and bites by Coral Gables staple Zucca while networking with some of South Florida’s preeminent real estate leaders. The engaging panel will feature keynote speakers Catie Naranjo, CDO at MG Developer; Scott Wadler of Berkadia, Melissa Tapanes, a partner at Bercow Radell Fernandez Larkin and Tapanes, PPLC; and Ayush Kapahi, Founder at HKS; moderated by Demetri Demascus of PROFILEmiami.

The stunning, state-of-the-art, showroom for The Village at Coral Gables provides a sneak preview into the curated interiors and furnishings that were selected from RH (Restoration Hardware), which have proven their design leadership in the luxury lifestyle market. MG Developer, led by Alirio Torrealba, announced on July 5, 2023 that it has secured a $67.5 million construction loan from Churchill Real Estate to build the highly anticipated Village at Coral Gables development, with groundbreaking expected this July.

Why Coral Gables?

Coral Gables has been one of Miami’s main business and residential districts since George Merrick first incorporated the city in 1925. Coral Gables is home to the University of Miami, one of the nation's leading private research universities which also features one of the nation’s leading real estate programs. The city began as a Mediterranean-themed planned community known for its historic and affluent character reinforced by its strict zoning, popular landmarks, and tourist sights.

Today it is home to some of the wealthiest zip codes in the US and is also home to the headquarters of American Airlines, Bacardi USA, Kraft Foods, Millicom, Club Med, MG Developer, Danone Americas, The Allen Morris Company, Odebrecht Construction, Inc., Turbana. In the housing market, the median sale price per square foot in Coral Gables is $755, up 20.6% since last year with a vacancy rate of around 4%. Downtown Coral Gables is home to world-class restaurants such as Zucca and Hillstone Coral Gables and the Merrick Park shopping district is currently welcoming a new Louis Vuitton store to its tenant mix.

Attendance is free but space is limited due to venue constraints, so make sure to reserve your spot to guarantee attendance. Register below. - REGISTRATION NOW CLOSED [SOLD OUT]

Who Should Attend: Developers, Investors, Brokers, Lenders, Architects, Lawyers, Designers, Wealth Managers, Financial Planners, CPAs and other Business Professionals.

Date: July 25, 2023 | 5:30 - 9 PM

Where: The Village at Coral Gables Showroom, 2990 Ponce De Leon Blvd., Suite 101, Coral Gables, FL 33134.

Panelists:

• Catie Naranjo, CDO at MG Developer

• Scott Wadler, Berkadia

• Melissa Tapanes, Partner at Bercow Radell Fernandez Larkin and Tapanes, PPLC

• Ayush Kapahi, Founder at HKS

• Moderator: Demetri Demascus, Co-Founder of PROFILEmiami

SPEAKERS

Moderator:

About MG Developer:

MG Developer is a residential property development company based in Coral Gables, Florida. Led by Alirio Torrealba, the firm is a subsidiary of MG Capital, and provides and implements a comprehensive array of real estate-oriented services, from concept creation and property site selection to project advancement. As a member of the Coral Gables community, MG Developer is committed to the beautification of the city and supports its Art in Public Places program, having commissioned original stone sculptures at Balboa Plaza called “A Midsummer Night’s Dream,” which represents an outdoor living area. The firm is an advocate of public exhibitions throughout Coral Gables that enhance the area’s unique lifestyle and design and is also a proponent of philanthropic efforts and organizations that elevate the city’s standard of living, including the Coral Gables Community Foundation and FundaHigado. In 2021 MG Developer, entered the Hialeah market with its first multi-family apartment community called Metro Center. Today, MG Developer is the most active developer in Hialeah, with more than $600 million in development.

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Hosts & Sponsors

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Michelin Starred Chef Shingo Akikuni to Open His First Restaurant, Shingo

Critically-acclaimed Chef Shingo Akikuni will open his very first restaurant, SHINGO, on Thursday, May 11, 2023 inside the historic La Palma building in Coral Gables. SHINGO is an intimate, 14-seat, omakase restaurant that will offer an 18-course dining experience featuring traditional Japanese nigiri, seasonal sashimi and Yakimono dishes with premium sake pairings. Chef Akikuni brings his years of experience and accolades to SHINGO. Most recently, he served as executive chef at Miami’s Japanese fine-dining restaurant Hiden. Under his helm as executive chef, Hiden was one of the first restaurants in Miami to be awarded one star from the MICHELIN Guide in 2022.

The 850-square-foot space has been entirely designed and constructed by expert woodworkers in Kyoto, Japan before being de-constructed, transported and reassembled in Miami. Upon entering SHINGO, guests will feel as though they have been transported to Japan’s classic omakase dens. The restaurant features traditional Japanese design elements and vintage materials, including the use of Hinoki and Sugi woods on the counter, ceiling and grand entrance, which doubles as an art gallery. The dining room features an intimate “L-shaped” 14-seat counter made of a rare 10 meter slab of Hinoki wood. Special touches and details are found in every moment at SHINGO, from the unique silver chopstick holders, crafted to resemble food shapes, to an array of custom-made ceramic plateware created by Kyoto-based ceramics maker Shin Murata.

Passionate about sharing Japanese culture through food in America, Chef/Owner Akikuni is excited to add to the thriving dining scene in Miami and seeks to provide diners with an individualized experience based on their personalities and preferences.

“I first moved to Miami five years ago, and I feel that the restaurant scene has been booming year by year, featuring so many passionate and talented chefs whom I call my colleagues and friends,” says Chef Shingo Akikuni. I'm overjoyed to be able to open my first restaurant in Coral Gables using the experience and skills I've learned working in restaurants in Tokyo, New York and Miami. I’m looking forward to serving our guests dishes that change with the seasons and to continue to add value to the culinary landscape in Miami.”

The 18-course menu at SHINGO will change seasonally, with a rotating selection of fresh sushi variations and Yakimono dishes which are prepared through traditional grilling practices. Guests can expect dishes such as Japanese Binchotan Charcoal Grilled Eel topped with caviar and fresh wasabi served with premium sake. Personally sourced and selected by Akikuni himself, SHINGO'S fresh ingredients are imported from Japan and found locally in Florida.

Shingo Akikuni is a third-generation sushi chef originally from Osaka, Japan, and is recognized as one of the best sushi chefs in Florida. Growing up making sushi at his family-owned restaurant in Osaka, Chef Akikuni was taught and trained by both his father and grandfather before coming to America in 2017. Previously, Akikuni served as Sushi Chef at an award-winning sushi restaurant in Tokyo, before moving to Miami and taking on positions as Sous Chef at Sushi Azabu, and, finally, as Executive Chef at Hiden, where the restaurant was awarded a Michelin Star.

SHINGO is located at the La Palma building at 112 Alhambra Circle, Coral Gables, FL 33134. SHINGO will be open for dinner five days a week (Tuesday – Saturday) with two seating options at 6:00 PM and 9:00 PM. The 18-course omakase experience is $180 per person, excluding tax and gratuity. An optional wine and sake pairing is available for $95 per person.

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, 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 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 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 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’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, 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 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. 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.