Constellation Group and The Boschetti Group Break Ground on Cora Merrick Park, Coral Gables' First Wellness-Focused Luxury Residences

Constellation Group and The Boschetti Group celebrated the groundbreaking of CORA Merrick Park today, a boutique residential condominium centered on wellness in Coral Gables. Located at 4241 Aurora Street in the heart of the exclusive Merrick Park neighborhood, CORA will deliver 74 thoughtfully designed residences that reflect a modern, wellness-oriented approach to living.

Local municipal leaders as well as key members of the design and construction team who spoke to guests at the event included Coral Gables Mayor Vince Lago; Constellation Group Managing Principal Eduardo Otaola; Jay Parker, CEO of Brokerage, Florida Region, and President of Douglas Elliman Development Marketing, Florida; and Arquitectonica Vice President Ray Fort.

Priced from the $900,000s to over $4 million for penthouse suites, Cora Merrick Park is designed by acclaimed architecture firm Arquitectonica with interiors by Urban Robot. It is among the first condos in Miami to seek certification through the International WELL Building Institute (IWBI) WELL for residential program, an evidence-based, third-party certification aimed at creating healthier, more resilient homes.

The project is directly across from Shops at Merrick Park — Coral Gables’ world-class shopping and dining destination — and within walking distance of downtown Coral Gables and the Metrorail, offering easy access to Coconut Grove, the University of Miami, and Downtown Miami/Brickell. It is also just one block from 4225 Ponce, a newly delivered Class A, boutique office property anchored by wealth management firm UBS, also developed by Constellation Group and The Boschetti Group.

“Cora Merrick Park is the first residential community in Coral Gables designed to integrate wellness into everyday living,” said Eduardo Otaola, Managing Principal at Constellation Group. “It also meets pent-up demand for new luxury product and offers a compelling alternative to the single-family home market. Cora Merrick Park is in an irreplaceable location that gives buyers the chance to own a piece of Merrick Park, delivering walkability, community, and the quality-of-life benefits that Coral Gables is known for — all in a finished turnkey project with world-class amenities.”

"South Florida continues to attract high-net-worth individuals and families relocating from across the country and around the world, and Coral Gables is one of the most exclusive and coveted addresses in the U.S.," said Jay Phillip Parker, CEO of Brokerage, Florida Region, and President of Douglas Elliman Development Marketing, Florida. "Cora Merrick Park speaks directly to the buyer who has experienced the best in New York, London, or São Paulo and wants a home in Miami that matches that high standard. Cora Merrick Park offers an exceptional location in a family-friendly city with historic charm that is close to the region’s best country clubs, schools, retail, and office centers.”

Spanish wellness firm Lamarca Well — best known for creating the first wellness hub in Madrid, Spain — is overseeing Cora’s wellness programming. The building’s amenities center on biohacking and longevity, featuring advanced air and water purification systems, noise-reducing acoustic design, non-toxic building and cleaning materials, a fitness center with a dedicated recovery zone, and a spa with infrared sauna, steam room, contrast hydrotherapy pools, and red-light therapy panels. Residents will also enjoy a resort-style rooftop pool deck, yoga and meditation area, lobby tearoom, and the first rooftop padel court in Coral Gables.

Cora Merrick Park offers 13 unique floor plans, from one-bedroom to expansive three-bedroom-plus-den residences, each featuring 10-foot ceilings, Italkraft kitchens, Sub-Zero/Wolf appliances, designer stone countertops, custom porcelain flooring, and walk-in closets. Select residences include expansive private lanais.

The design offers a modern reinterpretation of the Spanish Mediterranean aesthetic, pairing coralina stone and marble with dark-stained oak — a nod to Coral Gables’ signature oak canopy. Textured columns, organic stone forms, and chevron-patterned porcelain tile from Spain’s Living Ceramics create a refined, wellness-focused interior environment. Outside, an original sculpture by celebrated Catalan artist Jaume Plensa anchors a lush 5,000-square-foot park.

The Berkadia Miami team of Scott Wadler, Mitch Sinberg, Matt Robbins and Brad Williamson arranged a construction loan which will be announced this month.

Winmar Construction is the general contractor for Cora Merrick Park.

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The Wagyu Bar by Meat N' Bone Set To Open In Coral Gables

The Wagyu Bar, owned by butcher Meat N' Bone, is entering an exciting new chapter, expanding into a larger, upgraded space in Coral Gables perfectly suited for its unique blend of approachability and sophistication. Currently featuring limited reservations and first-come-first-served walk-in access, the restaurant is offering guests an early glimpse of what’s to come: refined interiors, an enhanced menu, and an unbeatable array of premium proteins (for all tastes and budgets). The restaurant will officially open its doors to the public on Monday, April 13, 2026.

The relocation has significance as The Wagyu Bar (originally established in 2021) takes over the former home of longtime Coral Gables staple, Cafe Vialetto, ushering in a fresh era while honoring the space’s rich culinary history. For those wondering about the move from Coral Way to Le Jeune, the answer is simple: more of everything, from space and parking to ambience and atmosphere. This expansion not only allows the concept to grow, but also lends The Wagyu Bar an aesthetic that better reflects what the brand is known for.

“I’m truly excited to bring this space to life and introduce something fresh to our beloved community, because no great story ever begins with a salad,” says Gabriel Llaurado, co-owner of Meat N’ Bone. “Whether you’re stopping by for a quick lunch at the bar, enjoying a relaxed date night, unwinding during Happy Hour, sharing a memorable dinner with friends and family, or celebrating in our private dining room, we look forward to elevating every aspect of the experience.”

First, the menu, which features a bevy of classics as well as new temptations from its northern sister, The Wagyu House, in Halladale. Guests can expect a dynamic range of steaks priced from $25 to $200, making the experience accessible yet indulgent, while showcasing the quality and versatility the brand is known for.

Beyond the steaks, the menu broadens to include a selection of top-choice animal proteins, ensuring there’s something for every palate while maintaining a strong focus on premium sourcing and bold, satisfying flavors, including a wide array of the top USDA Midwerstern Steaks along with a lineup of exclusive Japanese, Australian and American Wagyu steak.

Highlights from the expansive dinner menu include: A5 Wagyu nigiri; charred beef tartare topped with tobiko (Raw & Rare); an array of Burgers and Katsus, such as Joyce Farms, all natural, ethically raised poultry; Minnesota American pork Baby Back Ribs and Grilled Branzino al Limone, served with asparagus (Non-Beef) and, of course, steaks for days. The steak menu offers several tiers of quality, including Japanese A5 Wagyu (Miyazaki-Gyu, Kobe, and Hannari); Kokusan Japanese Wagyu (ribeye and New York strip); Colorado Wagyu (picanha and Denver); and USDA Prime (ribeye and New York strip).

An intimate bar with limited seating offers guests a front-row view of the restaurant’s standout cocktail program. Enjoy an exclusive daily Happy Hour featuring $7 well cocktails alongside a curated selection of bites. Highlights include smoked edamame ($6); proper tequeños ($9); wagyu crostinis ($9); tuna tataki bites ($8), and mini crab cakes ($14). The inviting space also features a glass-enclosed wine room, showcasing an extensive international collection, and a private dining room available for larger groups or full buyouts. The Wagyu Bar seats close to 70; the private dining room comfortably accommodates 16.

Lunch specials are served daily from Noon to 3PM and feature Salads, Burgers & Buns, and Sharing Plates. Individual Lunch Platters include a choice of protein such as chicken, salmon, or steak, served with white rice or quinoa and a side salad. Sharing plates are designed for groups and include a premium cut of meat such as G1 Certified Bavette, Certified Choice Picanha, or Colorado Wagyu Picanha, served with a choice of two sides: mashed potatoes, French fries, or rice and quinoa (Serves 3 to 5 guests).

But what of The Wagyu Bar’s original space at 2257 Coral Way? Starting April 13, it will operate as Meat N’ Bone Kitchen, equal parts retail and polished casual carnivorous cafe with a select menu of bites; burgers, sandwiches, and select protein-leaning mainplates. Must-tries include two “Breakfast At Any Time” options: a smoked bacon & egg sandwich and steak & eggs. Of course, foodies and connoisseurs of the finest meats in the realm can enjoy Meat N Bone’s direct-to-consumer service, delivering to states across the continental U.S. With a selection of ethically-sourced, premium-quality products, home cooks can elevate their culinary experience with an exceptional range of meats, seafood, and gourmet essentials.

The Wagyu Bar is located at 4019 S Le Jeune Road in Coral Gables. It is open daily, 11AM – 8PM.

Images via The Wagyu Bar

Terranova Secures Nearly 100K SF in New Leases Totaling $56 Million in Coral Gables

Terranova Corporation, a prominent South Florida commercial real estate firm, has announced the successful execution of 96,791 square feet of new and expanded leases across nine properties on and surrounding Miracle Mile, totaling $56,396,408. This velocity underscores the firm’s continued investment in Coral Gables and its ongoing appeal as a premier mixed-use destination.

Completed over the past five months, the leasing activity reflects sustained demand from financial services, hospitality, wellness, and experiential retail tenants seeking high-quality space in one of Miami’s most walkable and affluent submarkets.

“With Terranova being the largest property owner on Coral Gables’ Miracle Mile, we’ve taken a highly intentional approach to curating a dynamic tenant mix that drives consistent foot traffic and enhances the overall community experience,” said Stephen Bittel, Founder and Chairman of Terranova Corporation. “Our goal is to make the area an all-day destination to continue attracting leading brands and serve the community.”

In total, Terranova executed 17 new leases and one expansion.

At 255 Alhambra Circle, a 13-story, 240,719-square-foot Class A office building owned in partnership with Torose Equities and LNDMRK Development, seven leases were completed, further strengthening the building’s tenant roster of leading professional services firms, which currently include Leon Cosgrove and TD Bank.

Colliers’ Vice Chairman Stephen Rutchik and Senior Vice President Kevin Gonzalez represented the landlord in the following transactions.

• Industrious, a leading provider of flexible workplace solutions, owned by CBRE, leased 22,693 square feet for its first Coral Gables location. Matthew Cheezem and Tyler Reynolds of Cushman & Wakefield represented the tenant

• Driftwood Capital, a hospitality-focused, vertically integrated commercial real estate firm, expanded its existing lease of 13,900 square feet to 18,529 square feet. Jeff Gordon of CBRE represented the tenant.

• Edward Jones, a full-service financial services firm specializing in personalized wealth management and retirement planning, leased 5,728 square feet. Ryan Dupaul and Tyler Reynolds of Cushman & Wakefield represented the tenant.

• UMusic Hospitality and Lifestyle, a global hospitality company backed by Universal Music Group, leased 3,369 square feet. Javier Martin of Blanca Commercial Real Estate represented the tenant

• Janney Montgomery Scott, a wealth management firm, leased 2,247 square feet. Iker Belauste of JLL represented the tenant.

• Lifestyle Realty, a luxury residential real estate brokerage, leased 2,495 square feet.

• PayCargo, a global logistics industry payments platform, leased 1,721 square feet. Thad Adams of The Allen Morris Company represented the tenant.

The LEED Gold-certified building features a modern glass curtain wall, onsite parking, and 24/7 security, complemented by a fitness center and café.

Terranova’s Mindy McIlroy and Lauren Metser executed the following leases.

Four were at 299 Alhambra Circle, a five-story, 62,327-square-foot office building with the same owners as 255 Alhambra Circle.

• Mitch's Downtown Bagel Cafe, a family-owned, New York-style deli concept, leased 2,096 square feet.

• GovRecover, a licensed, tech-enabled asset recovery service, leased 1,037 square feet.

• Dr. Marta Gainza, a cosmetic dentistry office, leased 1,009 square feet.

• Aram Wellness, a holistic wellness brand, leased 2,354 square feet.

The remainder were executed on Miracle Mile, Coral Gables' premier retail and dining corridor, where Terranova owns and operates 15 buildings.

• Moxie’s, an upscale casual dining restaurant brand from Canada, leased 18,787 square feet at 93 Miracle Mile.

• Wells Fargo, a multinational financial services institution, leased 5,900 square feet at 200 Miracle Mile.

• Chewy Vet Clinic, a modern veterinary care concept backed by Chewy, leased 2,979 square feet at 212 Miracle Mile.

• Simka Semch, a Peruvian luxury fashion brand, leased 2,236 square feet at 330 Miracle Mile.

• Fuku Miami, a fast-casual fried chicken concept by Momofuku’s David Chang, leased 1,927 square feet at 135 Miracle Mile.

• Linen Drama, a luxury home linen brand, leased 1,089 square feet at 216 Miracle Mile.

• Fernandez & Associates, a court reporting firm, leased 595 square feet at 220 Miracle Mile.

“Terranova is excited to introduce a new wave of tenants that further define Miracle Mile’s next chapter,” said Mindy McIlroy, President of Terranova Corporation. “There’s a clear reason leading brands are choosing to establish a presence here. It speaks to the strength, momentum, and long-term vision of the area.”

Known as “The City Beautiful,” Coral Gables remains one of Miami’s most established and desirable submarkets, offering a blend of historic character, walkability, and proximity to major business and cultural hubs. With direct access to Miami International Airport, Downtown Miami, and Brickell, the area continues to attract a sophisticated mix of tenants seeking both accessibility and a high-quality environment.

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Iconic Madrid Restaurant Quintín Ultramarinos Coming to Ponce Park in Coral Gables

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.

Quintín Ultramarinos, beloved in Madrid for its fusion of historic Spanish culinary tradition with contemporary dining flair, represents the second U.S. venture from Grupo Paraguas following the Miami debut of Amazónico in September 2025. Its arrival at Ponce Park further underscores Miami’s growing role as a gateway city for world-class hospitality brands while reflecting the Mediterranean character that defines the development itself.

Located in the heart of Coral Gables, the restaurant will showcase Quintín’s celebrated all-day dining format, offering breakfast, lunch, and dinner alongside a carefully curated wine list highlighting both Spanish and international selections. The design will echo the warmth and sophistication of its Madrid flagship while embracing Miami’s tropical energy, featuring inviting materials, counter seating for casual dining, and expansive windows connecting the restaurant to the lively pedestrian streetscape.

Founded in 2015 in Madrid’s prestigious Barrio de Salamanca, Quintín began as a traditional Spanish gourmet market before evolving into one of the city’s most cherished dining destinations, known for seasonal ingredients, refined yet approachable cuisine, and a convivial atmosphere. The Miami location will bring that same Mediterranean spirit, hospitality, and culinary authenticity to South Florida.

Ponce Park is an 11-story Mediterranean-inspired luxury condominium featuring 58 bespoke residences and approximately 25,000 square feet of curated ground-floor retail. Designed by architect John Cunningham with interiors by Meyer Davis, the project blends classic Mediterranean architectural character with contemporary luxury living. Residences offer expansive layouts, private elevators, Italian-crafted kitchens, generous terraces with summer kitchens, and refined European-inspired finishes throughout.

Completion is anticipated in early 2028. Residences are exclusively represented by ONE Sotheby’s International Realty, with pricing starting at approximately $3.1 million.

“We are incredibly excited to welcome Quintín to Ponce Park,” said Spencer Morris, President of The Allen Morris Co. “Their Mediterranean heritage, attention to detail, and vibrant hospitality align perfectly with the lifestyle vision behind this project. Bringing such a respected international concept to Coral Gables elevates the experience not only for our residents but for the broader community.”

"For Quintín, Coral Gables felt like a natural fit,” say Sandro Silva and Marta Seco. “With its Mediterranean Revival architecture, thoughtfully planned community and old-world charm, the neighbourhood embodies a sense of heritage, craftsmanship and warmth that naturally complements our vision.”

Together, Grupo Paraguas and D.ream International — the global hospitality group behind internationally acclaimed venues such as, Amazonico, COYA, and Zuma — are set to launch Quintín at Ponce Park in Coral Gables in 2028.

Vertical Real Estate is the exclusive retail leasing broker for Ponce Park, led by Daniel Cardenas and Michael Sullivan.

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Constellation Group and The Boschetti Group Complete 4225 Ponce, Coral Gables' Newest Boutique Class A Office Property

Constellation Group, in partnership with The Boschetti Group, celebrated the completion of 4225 Ponce, a new eight-story, boutique Class A office and retail development located at 4225 Ponce de Leon Blvd in Coral Gables, during an exclusive unveiling event for VIP guests on February 26.

Designed by internationally renowned architecture firm Arquitectonica, the 84,000-square-foot luxury office property reflects a broader evolution in workplace preferences that accelerated post-2020 – favoring smaller, design-forward office environments in suburban, amenity-rich districts with direct access to public transit. The property sits directly across from the Shops at Merrick Park and three blocks from the Douglas Station Metrorail.

The property is over 50% leased to high-profile tenants including UBS Group, which signed a long-term lease for 33,180 square feet spanning two floors in late 2024, and Enne, an internationally renowned luxury furniture brand whose flagship Miami showroom will occupy the property’s 6,000-square-foot ground-floor retail space. CBRE’s Cameron Tallon, Eric Groffman and Randy Carballo are leading the leasing effort.

4225 Ponce delivered amidst the continued migration of millionaire and billionaire business moguls from high-tax states to well-established, family-friendly residential enclaves like Coconut Grove, where smaller office properties are in high demand.

“4225 Ponce reflects the way today’s executives want to work,” said Eduardo Otaola, Managing Principal of Constellation Group. “Miami’s rapid growth in human capital and high-net-worth residents have created demand for a more curated office experience — one that prioritizes quality over scale. Today’s leaders are seeking environments that are intentional, discreet, and seamlessly connected to where they live and how they move throughout their day."

“The overwhelming response to 4225 since opening in January confirms that the ‘flight to quality’ isn't just a trend—it’s the new standard for Miami’s office landscape,” added CBRE’s Cameron Tallon. “We are seeing a specific 'migration of wealth' from cities such as New York, Chicago and California, and these type of high-net-worth individuals and boutique firms prioritize privacy, service, and location. These tenants seek more than just a traditional space for a few offices and desks; they want an office that functions as a natural extension of their lifestyle and a space to entertain friends and clients. 4225 was thoughtfully designed and developed for this caliber of user. When the lease-up is complete, we believe 4225 will ultimately have one of the best tenant rosters in Miami.”

Located at 4225 Ponce de Leon Blvd., the property features four levels of boutique office space and a penthouse floor with views of Biscayne Bay, along with best-in-class amenities including private terraces, a covered pedestrian paseo with valet service, on-site structured parking, dedicated office elevators, and electric vehicle charging stations. Within an eight-minute walk of the Metrorail, 4225 Ponce offers seamless connectivity to downtown Miami, Brickell, and beyond.

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BAM Development and Ascendra Capital Lock Down $60 Million Construction Loan For Seventeen Gables Condominium

Development partners BAM Development and Ascendra Capital have secured a $60 million construction loan for Seventeen Gables Condominium, which is located at 1715 Douglas Road. The 117-unit community is a rarity for any new development in or around Coral Gables, with most residences priced under $1 million.

The loan was provided by Dwight Mortgage Trust, and originated by David Scheer and Alex Izso of Dwight Capital, and arranged by Isaac Filler, Steve Edelstein and Yossi Koschitzki all with Filler Capital on behalf of the borrower.

The project will include a mix of one-, two- and three-bedroom residences, as well as a fitness center, sauna, pool, resident lounge, co-working spaces, assigned parking and ground-floor retail. Acclaimed designer Karen Asprea, who has offices in Coral Gables and New York City will be managing the interior design of Seventeen Gables. Cervera Real Estate is the exclusive sales and marketing residential real estate broker.

“Our goal is to begin construction immediately, concurrent with starting our sales efforts,” said Mayer Berkovits with BAM Developers. “We are extremely confident that this is the right project in the right location.”

“Capitalization is crucial in this current development environment,” said David Steinberg of Ascendra Capital. “Buyers need to feel comfortable that the buildings in which they are purchasing will come to fruition and do so in a timely manner.”

“The developers are bringing New York sensibility to Seventeen Gables,” adds Jesse Ottley, President of Development Sales for Cervera Real Estate. “Construction will be under way concurrent with the onset of the sales process, which speaks to their confidence in the product.”

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Allen Morris Co. Secures $132.5 Million Construction Loan from Bank OZK for Ponce Park Coral Gables

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. The loan for Ponce Park comes on the heels of the $138.5 million secured by Allen Morris Co. for their landmark Ziggurat project in Coconut Grove in November 2025. The financing was arranged by Lotus Capital Partners, led by Faisal Ashraf.

Located at 3000 Ponce de Leon Blvd., at the intersection of Ponce de Leon Blvd. and University Drive, Ponce Park will introduce world-class retail and residential offerings that honor Coral Gables’ Mediterranean roots through contemporary design.

“Ponce Park is designed to be an architectural landmark for Coral Gables. With natural stone cladding, interiors by Meyer Davis, and a thoughtfully curated retail mix, the project reflects a level of quality and care that sets a new bar for Coral Gables living,” said W.A. Spencer Morris, President of the Allen Morris Company.

“We value the opportunity to partner with Allen Morris Co. on this exceptional development in Coral Gables,” said Tom Moore, Managing Director of Originations at Bank OZK. “This financing reflects our confidence in their ability to successfully deliver on their vision and we are excited to see Ponce Park come to life.”

The 11-story tower offers 58 bespoke two- to five-bedroom residences ranging from 1,900 to more than 6,500 square feet. At ground level, the development will introduce 25,000 square feet of curated retail anchored by a world-class restaurant, all just steps from The Plaza Coral Gables and Miracle Mile.

Designed by John Cunningham with interiors by the internationally acclaimed Meyer Davis, each home will feature 11- to 12-foot ceilings, private elevators, Italian-crafted kitchens, expansive terraces with summer kitchens and interiors that blend modern refinement with classic European-inspired details. The project also features landscape design by Naturalficial.

Residents will enjoy access to a suite of amenities including a rooftop pool, sky bar, artisanal cafe, spa and serene meditation courtyard, fitness studio and a private rooftop lounge offering panoramic views of the Southeast Gables.

As part of its commitment to enhancing the surrounding community, Allen Morris Co., in partnership with the City of Coral Gables, is undergoing a $11 million renovation of Ponce Circle Park next door to the project, which will transform the neighborhood streetscape.

The residential component, exclusively represented by ONE Sotheby’s International Realty, features prices starting at $2.9 million. Construction broke ground in December 2025, with completion anticipated in early 2028.

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Allen Morris Co. Breaks Ground on Ponce Park In Downtown Coral Gables

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.

Located at 3000 Ponce de Leon Blvd., this groundbreaking marks the beginning of a project set to become a timeless landmark in the City Beautiful. Honoring Coral Gables’ Mediterranean roots through contemporary design, Ponce Park will redefine boutique luxury living in the city.

The milestone was commemorated at the Ponce Park Sales Gallery with two special events, beginning with an intimate morning ceremony where guests were welcomed with mimosas, coffee and hors d'oeuvres.

W.A. Spencer Morris, President of Allen Morris Co., W. Allen Morris, Chairman and CEO, Daniel de la Vega, President of ONE Sotheby’s International Realty and Javier Bellon, Sales Director at Ponce Park, all spoke to the vision and dedication behind the nearly five-year project.

“We’ve always believed that great projects should elevate the people and communities they touch, and that philosophy guided every decision behind Ponce Park,” said W.A. Spencer Morris, President of Allen Morris Co. “Our hope is that future residents feel not just impressed by their experience at Ponce Park but genuinely inspired by the place they’ll call home.”

The celebration continued into the evening as city officials and top brokers from Coral Gables, Coconut Grove and Key Biscayne returned for a cocktail reception. With a curated wine selection by Mattheu Yamoum, COO and co-owner of Maison Mura, alongside appetizers from Michelin-star chef Sebas Vargas, live jazz and specialty cannoli for dessert, guests enjoyed the atmosphere while previewing the development.

Coral Gables Mayor Vince Lago and Vice Mayor Rhonda Anderson shared their excitement for the project’s transformative impact and praised Spencer Morris’ leadership and commitment to the city throughout the development process.

“Ponce Park is redefining luxury living in Coral Gables, and today’s groundbreaking showed the immense confidence in both the project and the Gables luxury market,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “This is a rare opportunity for buyers seeking the highest level of design and sophistication in one of the nation’s most coveted neighborhoods.”

Ponce Park is envisioned as a sanctuary where boutique luxury meets the vibrant lifestyle of Coral Gables. The development offers 58 bespoke two- to five-bedroom residences, ranging from 1,900 to more than 6,500 square feet.

Designed by John Cunningham of Zyscovich Architects with interiors by the internationally acclaimed Meyer Davis, each home in the 11-story tower will feature 11- to 12-foot ceilings, private elevators, Italian-crafted kitchens, expansive terraces with summer kitchens and interiors that blend modern refinement with classic European-inspired details.

Located at 3000 Ponce de Leon Blvd., at the intersection of Ponce de Leon Blvd. and University Drive, residents will enjoy access to a suite of amenities including a rooftop pool, sky bar, artisanal cafe, spa and serene meditation courtyard, fitness studio and a private rooftop lounge offering panoramic views of the Southeast Gables.

At ground level, the building will introduce 25,000 square feet of curated retail anchored by a world-class restaurant, all just steps from The Plaza Coral Gables and Miracle Mile. As part of its commitment to the surrounding community, Allen Morris Co. will work in collaboration with the City of Coral Gables to perform $11 million dollars in improvements to the adjacent Ponce Circle Park, strengthening the public realm for the broader community.

Construction on Ponce Park is now officially underway, with completion anticipated in early 2028. Sales are being exclusively handled by ONE Sotheby’s International Realty, with residences starting at $3.1 million.

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Inside Alhambra Parc: Where Miami Luxury Meets BLACKLINE’s Sales Technology

In Miami’s pre-construction market, where competition is fierce and buyer expectations are higher than ever, standing out takes more than prime location and beautiful design. It requires a sales experience that is as elevated as the residences themselves. At Alhambra Parc Residences in Coral Gables, that competitive edge comes from BLACKLINE, a platform built to power sales and transform the way buyers connect with new developments.

Blending Mediterranean-inspired architecture with modern amenities, Alhambra Parc captures the spirit of Coral Gables. But what sets it apart is not just its design — it is how the development is brought to life inside the sales gallery. Instead of simply using traditional boards and models, buyers are invited to experience the residences through BLACKLINE Realm, an immersive platform that allows them to explore layouts, compare floor plans, and even visualize views with a simple touch.

“BLACKLINE really sets our sales gallery experience apart,” says Anniella Tabraue, Sales Director for Alhambra Parc. “Buyers want more than a brochure. The 3D model allows us to show buyers where units are within the building and they can truly experience their views throughout the different times of day as well as understand the setting of the surrounding area.”

For the sales team, the benefits run even deeper. BLACKLINE is more than a presentation tool — it is the engine that drives every aspect of the sales cycle. Pricing, inventory, and client data are all centralized, ensuring accuracy and saving valuable time. “It keeps everything organized,” Anniella explains. “Everthing is updated in real-time so I know the details I’m showing clients are always current. With BLACKLINE, we’re able to match the sophistication of the product with a sales process that feels just as elevated. It makes a real difference.”

Beyond inventory management, BLACKLINE’s platform streamlines workflows for agents. From generating real-time availability reports to tracking buyer activity, the system equips the team with insights that inform strategy and improve efficiency. Features like digital reservations and automated contract workflows also make the experience seamless for buyers, making the path from interest to purchase smoother than ever.

Clients have also embraced the technology. As Tim Ng, Founder & CEO of BLACKLINE, explains: “What buyers love about BLACKLINE Realm is the ability to explore a home in a way that feels personal. They can walk through different layouts, compare options, and visualize what their life could look like before construction even begins. It brings confidence to a process that can otherwise feel abstract.”

For developers and sales agencies, the takeaway is clear. Success is no longer just about building beautiful residences — it is about creating a sales journey that reflects the lifestyle buyers are investing in.

For buyers exploring a project on BLACKLINE, they can see the spaces in real time, interact with the options, and make decisions with confidence. It’s a transparent and exciting process.

By pairing Alhambra Parc’s timeless design with BLACKLINE’s innovative sales engine, the team has set a new standard for what new development sales in Miami can look like.

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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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