Allen Morris Co. Completes Demolition at Ponce Park Coral Gables, Set to Open New On-Site Sales Gallery
Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has completed demolition at the future site of Ponce Park Coral Gables, paving the way for the start of site work and vertical construction. A newly rebuilt sales gallery to the same quality and standard as the original is set to open on-site in the coming weeks.
Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has completed demolition at the future site of Ponce Park Coral Gables, paving the way for the start of site work and vertical construction. A newly rebuilt sales gallery to the same quality and standard as the original is set to open on-site in the coming weeks. With construction underway completion is anticipated in early 2028.
The demolition follows a December groundbreaking and closing of 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. 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.
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. Acclaimed Madrid dining institution Quintín Ultramarinos from Grupo Paraguas will open at the project in 2028.
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, offers pricing starting at $3.1 million.
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Images via Allen Morris Company
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Development Spotlight: Tula Residences North Bay Village
Among the projects helping define the evolution of North Bay Village is Tula Residences, a refined collection of just 54 luxury homes overlooking Biscayne Bay. Developed by Bayshore Grove Capital in partnership with Pacific & Orient Properties, the 21-story tower combines contemporary architecture, expansive corner residences, and wellness-focused amenities within an intimate waterfront setting.
Few emerging waterfront communities in South Florida are experiencing as much transformation as North Bay Village. Positioned between Miami and Miami Beach, the three-island community is quickly evolving into one of the region's next luxury residential destinations, attracting a new generation of boutique waterfront developments.
Among the projects helping define that evolution is Tula Residences, a refined collection of just 54 luxury homes overlooking Biscayne Bay. Developed by Bayshore Grove Capital in partnership with Pacific & Orient Properties, the 21-story tower combines contemporary architecture, expansive corner residences, and wellness-focused amenities within an intimate waterfront setting. As construction progresses, Tula represents both the resurgence of a long-anticipated project and the continued emergence of North Bay Village as one of South Florida's most compelling luxury real estate markets. The tower is already under construction with an expected completion in 2027.
Project Overview
As North Bay Village enters a new era of waterfront redevelopment, Tula Residences is helping define its future. Rising directly on Biscayne Bay at 7918 West Drive, the boutique condominium introduces 54 luxury residences within a thoughtfully designed 21-story tower that blends privacy, architecture, and wellness-focused living.
Developed by Bayshore Grove Capital in partnership with Pacific & Orient Properties, Tula is one of the first new luxury condominium developments to move forward in North Bay Village in more than a decade. With construction actively underway, the project represents an important milestone in the transformation of the three-island community into one of South Florida's emerging luxury waterfront destinations.
Why It Matters
North Bay Village has quietly become one of South Florida's most closely watched redevelopment markets. Positioned between Miami and Miami Beach, the island community offers waterfront living with exceptional accessibility while remaining significantly more intimate than many neighboring luxury markets.
Tula arrives at a pivotal moment for the neighborhood, introducing boutique-scale luxury residences that emphasize spacious floor plans, expansive outdoor living, and panoramic Biscayne Bay views. As one of the first new condominium developments to advance during the area's renaissance, the project is helping establish a new benchmark for residential design and quality in North Bay Village.
Architecture & Design
Designed by M77R (Matter), Tula embraces contemporary waterfront architecture through soft curves, expansive glass, and sculptural wraparound terraces that maximize views from every residence.
The building's distinctive "corner-only" floor plan ensures abundant natural light and panoramic exposures throughout while creating a more private residential experience with only four residences per typical floor.
Interiors by Shannon Farrell Design feature warm natural materials, refined detailing, and an understated palette inspired by coastal living. Kitchens showcase marble countertops and backsplashes, bespoke millwork, and fully integrated Miele appliances, while primary bathrooms feature sculptural stone finishes, custom vanities, and spa-inspired detailing.
Residences
Tula offers an exclusive collection of just 54 residences, including six penthouses occupying the tower's upper levels. Pricing starts at $1.9 million with sales overseen by Brown Harris Stevens.
Residence highlights include:
Two-bedroom, two-bedroom plus den, and three-bedroom residences
Approximately 1,590 to 2,440 square feet
Six penthouses ranging from approximately 3,700 to 4,140 square feet
All residences are corner homes
Expansive wraparound glass terraces
10-foot ceilings
Floor-to-ceiling windows
Custom European flooring
Fully integrated Miele appliance packages
Walk-in laundry rooms
Panoramic Biscayne Bay, city and ocean views where available
Amenities
Designed around wellness and everyday waterfront living, Tula's amenity collection balances relaxation, entertainment, and hospitality.
Amenities include:
Resort-style waterfront pool with landscaped deck and private cabanas
Grand lobby with 24-hour concierge
Residents' lounge overlooking Biscayne Bay
Private dining room with warming kitchen
State-of-the-art fitness center
Wellness center
Media room
Dog spa
Bayfront promenade access
Skyline club room and gathering spaces
Location
Located at 7918 West Drive on Harbor Island, Tula enjoys a prime waterfront setting in North Bay Village with direct Biscayne Bay frontage.
Residents are minutes from Miami Beach, Bal Harbour, the Design District, Midtown Miami, Wynwood, Downtown Miami, and Miami International Airport while enjoying a quieter residential setting that has become increasingly attractive to luxury buyers seeking waterfront living with convenient regional access.
Team
Tula Residences is developed by Bayshore Grove Capital, led by Vivian Dimond, in partnership with Pacific & Orient Properties. The project represents the revitalization of a previously stalled development and reflects Bayshore Grove Capital's vision of delivering a boutique luxury waterfront community that complements North Bay Village's ongoing evolution.
Tula Residences features architecture by M77R (Matter), interiors by Shannon Farrell Design, and landscape architecture by H.L. Martin Landscape Architects. Exclusive sales are led by Brown Harris Stevens Development Sales.
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Renderings via Bloom Images
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New Construction Home in Miami's Bay Point Neighborhood Sells For Record-Setting $27.25 Million
Casa Moderne, a newly completed waterfront residence at 790 Lake Road in Miami's exclusive Bay Point neighborhood, has sold for a record $27.25 million. The transaction establishes a new record-setting canal-front price per square foot in Bay Point at $4,284 per square foot.
Casa Moderne, a newly completed waterfront residence at 790 Lake Road in Miami's exclusive Bay Point neighborhood, has sold for a record $27.25 million. The transaction establishes a new record-setting canal-front price per square foot in Bay Point at $4,284 per square foot, reflecting not only the continued demand for luxury waterfront real estate in Miami, but also how the luxury buyer relocating to the area today is fundamentally different from the buyer from a decade ago. Today’s buyers are not looking for a project—they are looking for certainty. They want exceptional architecture, thoughtful design and a home they can enjoy immediately as their most valuable currency is time.
The transaction was overseen by Ana Teresa Rodriguez, founder and CEO of ATR Luxury Homes Group at Coldwell Banker Realty who listed the property. The buyer was represented by Cyril Matz with Douglas Elliman.
Offered fully furnished, the six-bedroom Casa Moderne includes seven full bathrooms and one powder room and spans 6,361 square feet on a 13,532-square-foot waterfront lot. The move-in ready residence features Bay Point's only grandfathered rooftop terrace with panoramic 360-degree views of Biscayne Bay and the Miami skyline, along with custom millwork, a private dock, an infinity-edge pool with spa, chef's kitchen, elevator, air-conditioned garage and designer furnishings by Minotti and Fendi.
The sale is a testament to a significant appreciation in the property's value over time. Originally acquired in 1976 for approximately $125,000, the property was purchased in 2012 by Adonel Concrete CEO Luis García for $1.9 million as his personal residence. In 2016, García offered the property for sale either as an existing residence for $9.98 million or as a redevelopment opportunity with approved plans for approximately $15 million.
After reassessing the long-term potential of the site, García decided to take the listing off the market, demolish the existing home and pursue a full ground-up redevelopment. The new home was envisioned and creatively directed by ATR Concepts, a division of ATR Luxury Homes Group.
Today, the sale of Casa Moderne for $27.25 million underscores the considerable increase in value of premier waterfront real estate in Miami due to the continued migration of wealth to South Florida following COVID and the impact of Florida’s tax advantages. It is also an indication of the strength of Miami's ultra-luxury residential market, where turnkey waterfront properties attract strong buyer demand.
Located in the gated Bay Point neighborhood, Casa Moderne sits on a private waterfront cul-de-sac just moments from Biscayne Bay and offers convenient access to the Miami Design District, Wynwood, Edgewater, Brickell, Miami Beach, Miami International Airport and several of Miami's top private schools. Bay Point, one of Miami’s best-kept secrets, quietly offers something incredibly rare: a private community of approximately 250 homes, owned and operated by its homeowners, with exceptional security, privacy, and one of the most central waterfront locations in the city.
“What was once considered an undervalued hidden gem has evolved into one of South Florida's most sought-after luxury communities,” said Rodriguez. “Buyers today increasingly recognize what longtime residents and investors understood years ago. Bay Point offers an extraordinary combination of exclusivity, privacy, security and accessibility. It now belongs in the same conversation as South Florida’s most exclusive private enclaves.”
“I believed in Bay Point long before it became one of Miami’s most sought-after luxury communities,” said García. “What attracted me from the beginning was its privacy, security, waterfront lifestyle, and central location. I always felt the market would eventually recognize what made this neighborhood so special.”
Images via Unihouse Production
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SoLé Mia Debuts Largest Floating Pickleball Court in North Miami
Oleta Partners, a joint venture by leading developers LeFrak and Turnberry, have revealed SoLé Mia’s floating pickleball court located on its seven-acre Crystal Lagoon, marking the largest and first installation of its kind at a residential property. Custom-built by Inflatable Island, the leading designer and manufacturer of innovative aquatic entertainment and luxury floating structures, the SoLé Mia-branded court expands the 184-acre North Miami development’s outdoor lifestyle offerings
Oleta Partners, a joint venture by leading developers LeFrak and Turnberry, have revealed SoLé Mia’s floating pickleball court located on its seven-acre Crystal Lagoon, marking the largest and first installation of its kind at a residential property. Custom-built by Inflatable Island, the leading designer and manufacturer of innovative aquatic entertainment and luxury floating structures, the SoLé Mia-branded court expands the 184-acre North Miami development’s outdoor lifestyle offerings and reinforces its position as a wellness-driven, walkable destination centered around recreation, connectivity and community.
“From the beginning, SoLé Mia has been designed to deliver a lifestyle that brings people outdoors and creates meaningful opportunities for recreation, wellness and connection,” said Mario Gaztambide, Senior Managing Director of Residential Properties at LeFrak. “This floating pickleball court is a natural extension of that vision, offering residents and visitors a truly unique amenity that activates the Crystal Lagoon in a new way and reinforces SoLé Mia as one of North Miami’s most dynamic lifestyle destinations.”
Spanning 69 by 33 feet, the court is located on Laguna SoLé, SoLé Mia’s swimmable, freshwater lagoon, and is available exclusively to residents and their accompanied guests. Open Friday to Sunday from 10 a.m. to 5 p.m., weather permitting, court access is offered on a first-come, first-served basis and managed by the property’s lifeguard team. Residents can enjoy one-hour sessions for singles or doubles play, with life jackets, paddles and ball provided.
The court features SoLé Mia’s signature branding directly on the playing surface, with vibrant blue coloring designed to complement the lagoon’s shimmering waters while creating a distinctive visual identity. For residents, the amenity provides a highly unique recreational experience, combining a regulation pickleball court with access to South Florida’s only Crystal Lagoon within a residential setting.
The debut builds on SoLé Mia’s broader commitment to outdoor connectivity, including the recent expansion of The Loop, its walking path network. The Loop now not only wraps around Laguna SoLé but extends throughout the property and connects residents to nearby Oleta River State Park and Florida International University’s Biscayne Bay campus, creating seamless access to more than 1,000 acres of green space, trails and active lifestyle destinations. Set between Biscayne Boulevard and Biscayne Bay, SoLé Mia brings together luxury residences, open space, recreation, shopping, dining and wellness offerings centered around its Crystal Lagoon and sandy beaches.
The new court and expanded walking paths arrive amid continued growth at SoLé Mia, where more than 1,000 residents already live across The Shoreline, Villa Solé, Villa Laguna, and ONE Park Tower. The $4 billion, 184-acre master-planned development also features a newly expanded half-acre park with Kompan-designed playgrounds; Reserve Padel at SoLé Mia, offering indoor and outdoor courts, a gym, sauna, steam room, cold plunges and an on-site Pura Vida; UHealth SoLé Mia, the University of Miami Health System’s 363,000-square-foot ambulatory medical facility; Sesame Bakery; a 17,500-square-foot dog park; and miles of jogging and bike paths across 37 acres of landscaped open space.
SoLé Mia will continue expanding with Mater Academy SoLé Mia, a K-5 charter school, as well as additional residential, dining and retail offerings underway, further advancing its vision as a walkable, wellness-driven destination for residents and the surrounding North Miami community.
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Ritz-Carlton Residences, West Palm Beach Penthouse Last Listed at $16.95 Million Under Contract For North Flagler Record Total Price and PPSF
A penthouse at The Ritz-Carlton Residences, West Palm Beach has gone under contract after being listed for $16.95 million, setting a new benchmark as the highest-priced condominium sale ever recorded on North Flagler Drive by both total sales price and price per square foot.
A penthouse at The Ritz-Carlton Residences, West Palm Beach has gone under contract after being listed for $16.95 million, setting a new benchmark as the highest-priced condominium sale ever recorded on North Flagler Drive by both total sales price and price per square foot.
The contract marks another milestone for the waterfront luxury development by Related Group and BH Group, underscoring continued demand for branded ultra-luxury residences in West Palm Beach as construction progresses toward its anticipated 2028 completion.
Located on the 27th floor, Penthouse A is the signature residence within the 27-story tower. The four-bedroom, five-and-a-half-bathroom home encompasses 4,897 square feet of interior living space, complemented by approximately 1,200 square feet of private outdoor terraces overlooking the Intracoastal Waterway, Palm Beach Island, and the Atlantic Ocean.
Accessed via a private elevator, the residence features expansive entertaining spaces, soaring 12-foot ceilings, floor-to-ceiling glass, oversized closets, dual primary bathrooms, and a highly customized floor plan designed to maximize indoor-outdoor living. Its elevated position within the tower and unobstructed southeast-facing views distinguish it as the project's premier home.
According to the development team, the purchaser is an existing Palm Beach resident seeking to upgrade to a larger primary residence while remaining in the area. The penthouse's spacious layout, privacy, and ability to accommodate both everyday living and large-scale entertaining were key factors in the purchase decision.
Developed by Related Group in partnership with BH Group, The Ritz-Carlton Residences, West Palm Beach will introduce 138 waterfront residences within a 27-story tower. Homes range from two to four bedrooms and approximately 1,532 to 3,331 square feet, with every residence oriented east to capture panoramic water views.
Designed by Arquitectonica, with interiors by Rockwell Group and landscape architecture by Naturalficial, the development combines contemporary architecture with The Ritz-Carlton's signature hospitality. Residences feature soaring ceilings, floor-to-ceiling glass, custom Italian cabinetry, premium appliances, expansive terraces, and private elevator access.
The amenity collection includes a resort-style waterfront pool deck, state-of-the-art fitness and wellness center, spa, entertainment lounges, coworking spaces, children's playroom, golf simulator, guest suites, and a full suite of Ritz-Carlton residential services. Construction is currently underway, with completion anticipated in 2028.
Renderings via The Boundary
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Mr. C Hotel & Residences West Palm Beach Passes 85% Sold
Mr. C Hotel & Residences West Palm Beach is the fastest-selling new development in West Palm Beach having surpassed 85% in sales. The project, slated for 2027 completion, also began vertical construction this year. Mr. C Hotel & Residences West Palm Beach is part of the prominent Mr. C luxury hospitality, hotel, and residential brand created by brothers Ignazio and Maggio Cipriani.
Mr. C Hotel & Residences West Palm Beach is the fastest-selling new development in West Palm Beach having surpassed 85% in sales. The project, slated for 2027 completion, also began vertical construction this year. Mr. C Hotel & Residences West Palm Beach is part of the prominent Mr. C luxury hospitality, hotel, and residential brand created by brothers Ignazio and Maggio Cipriani and is being developed by Terra, a prominent real estate development company in South Florida, and Sympatico, a Palm Beach-based firm owned by the Morrison family.
“With residences more than 85% sold, we’re seeing strong buyer response to a lifestyle centered on hospitality-driven service, thoughtful design, and walkability,” said David Martin, CEO of Terra. “With vertical construction well underway, the project is leading the neighborhood’s evolution into a true residential destination and setting a new standard for luxury living in downtown West Palm Beach.”
Designed by renowned architecture firm Arquitectonica, with interiors by award-winning design studio Meyer Davis, the 27-story development will feature 110 hotel suites and 146 branded residences, which include a collection of turnkey, move-in-ready resort residences. The project is the first condominium building of its caliber in the city center, and introduces a new standard of living through Mr. C’s signature blend of hospitality, design, and service.
“The West Palm Beach project’s success reflects the continued strength and global recognition of the Mr. C brand, particularly among buyers seeking a more refined, service-oriented approach to luxury living,” said Andrea Martucci, COO of Mr. C Hotels & Residences. “Rooted in its hospitality legacy, Mr. C delivers a level of sophistication, consistency, and personal attention that resonates deeply with today’s discerning buyer. West Palm Beach represents an exciting next chapter for the brand as we continue expanding into premier lifestyle destinations.”
Founded by Ignazio and Maggio Cipriani, the fourth generation of a globally recognized hospitality family, the Mr. C Hotels & Residences projects offer a modern interpretation of classic European elegance. The brand debuted in 2011 with the first Mr. C Hotel in Beverly Hills and has since expanded to Miami, Dubai, West Palm Beach, and Boca Raton. Mr. C Hotel & Residences West Palm Beach serves as the brand's first venture into Palm Beach County.
Designed with an emphasis on proportion, flow, and natural light, the residences at Mr. C West Palm Beach offer a modern take on coastal living. Open layouts and expansive windows frame views of the Intracoastal Waterway and city skyline, while refined finishes, premium materials, and subtle design details create interiors that feel both relaxed and intentional. Amenities bring Mr. C’s signature hospitality into daily life, including a garden-level lap pool with private cabanas, poolside bar and lounge, fully equipped fitness center with dedicated yoga, pilates, and Peloton rooms, and a signature spa with steam and sauna. Additional offerings include a library, business lounge, Little C’s Outdoor Playground, private elevators, and curated art throughout shared spaces. The fourth-generation Cipriani brothers added their own twist to the culinary tradition started by Giuseppe Cipriani Sr. in 1931 for the food and beverage amenities, which include Bellini Restaurant, Bellini Café, in-residence dining options, and a private members' lounge called Bellini Rooftop.
“We’ve seen exceptional momentum from buyers who recognize both the rarity and long-term value of residential living in downtown West Palm Beach,” said Jay Phillip Parker, CEO of Brokerage for Douglas Elliman's Florida Region and President of Douglas Elliman Development Marketing, Florida. “Mr. C will be the first condominium of its caliber in one of West Palm Beach’s fastest-evolving neighborhoods, centrally located near leading cultural institutions, premier retail and dining, and the city’s expanding office corridor. That walkability, combined with Mr. C’s signature hospitality-driven lifestyle, continues to attract both local and out-of-state buyers seeking a seamless, turnkey living experience.”
A highly personalized service experience is led by a professional hospitality team offering housekeeping, pet care, in-home dining, package handling, and travel coordination. Residents arrive via a private porte-cochere with 24-hour valet and front desk services, while a wellness-focused concierge supports personal training, spa treatments, nutrition, and beauty services. Event planning and food and beverage coordination further extend the brand’s thoughtful approach to everyday living.
Mr. C Hotel & Residences West Palm Beach is slated for a 2027 completion.
Renderings via Binyan Studios
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Development Spotlight: Ponce Park Coral Gables
Few locations in South Florida offer the combination of architectural heritage, walkability, and enduring value found in the heart of Coral Gables. Rising directly across from Ponce Circle Park, Ponce Park represents one of the city's most significant new mixed-use developments, combining luxury residences, destination retail, and public realm improvements within one thoughtfully designed address.
Few locations in South Florida offer the combination of architectural heritage, walkability, and enduring value found in the heart of Coral Gables. Rising directly across from Ponce Circle Park, Ponce Park represents one of the city's most significant new mixed-use developments, combining luxury residences, destination retail, and public realm improvements within one thoughtfully designed address.
Developed by The Allen Morris Company, the project has been envisioned as a long-term addition to Downtown Coral Gables—one that respects the city's architectural character while introducing a contemporary level of luxury and mixed-use activation.
Project Overview
Ponce Park is an 11-story mixed-use development located at the intersection of Ponce de Leon Boulevard and University Drive in Downtown Coral Gables. The project brings together a boutique collection of luxury residences above premium retail space, creating a walkable destination designed to complement the surrounding neighborhood.
Beyond the building itself, the development includes significant enhancements to the adjacent Ponce Circle Park, reinforcing the connection between architecture, public space, and the pedestrian experience that defines Coral Gables.
Why It Matters
Ponce Park represents the continued evolution of Downtown Coral Gables into one of South Florida's premier mixed-use urban neighborhoods.
Unlike many large-scale luxury towers throughout the region, the project embraces a boutique scale while emphasizing timeless architecture, curated retail, and public gathering spaces. The development also demonstrates the continued strength of the Coral Gables luxury residential market, where limited new inventory and enduring demand continue to support premium pricing. When delivered Ponce Park Coral Gables will be the highest end condominium in Downtown Coral Gables.
Its combination of residential, office, retail, and public improvements reflects a growing trend toward mixed-use environments designed for both residents and the surrounding community.
Architecture & Design
Designed by John Cunningham of Zyscovich Architects, Ponce Park draws inspiration from the historic Mediterranean Revival architecture that has defined Coral Gables for more than a century.
The building incorporates handcrafted materials, natural stone, arched openings, landscaped terraces, and architectural detailing intended to create a timeless rather than trend-driven design. The development team recently traveled to Italy to personally select the stone that will define the project, establishing a direct connection between Ponce Park and the historic quarries from which its materials originate.
Interior design is led by Meyer Davis, whose hospitality-inspired approach emphasizes warm materials, refined finishes, and understated luxury throughout the residences and shared amenity spaces.
Residences
Ponce Park will include just 58 luxury residences, creating an intentionally boutique residential experience. Residences are priced from $3.1 million.
Homes range from approximately 1,900 to more than 6,500 square feet, with expansive floorplans featuring two- to five-bedroom layouts, generous outdoor terraces, private elevator access, and elevated finishes throughout.
Amenities
Residents will have access to a collection of private amenities designed to emphasize wellness, hospitality, and outdoor living.
Highlights include:
Resort-style rooftop pool
Fitness and wellness facilities
Private owners' lounge
Hospitality-inspired gathering spaces
Landscaped outdoor terraces
Concierge services
Secure parking
Dedicated resident amenities designed for boutique living
Additionally, acclaimed Madrid dining institution Quintín Ultramarinos will open at the project in 2028.
Location
Situated directly across from Ponce Circle Park, Ponce Park occupies one of the most desirable locations within Downtown Coral Gables.
Residents will enjoy immediate walkable access to Miracle Mile, Giralda Plaza, premier restaurants, boutique shopping, cafés, hotels, cultural destinations, and numerous professional offices, while maintaining convenient connectivity throughout Miami via nearby major roadways.
The location combines the charm of one of South Florida's most established neighborhoods with the convenience of a vibrant urban center.
Team
Ponce Park is being developed by The Allen Morris Company, one of the Southeast's longest-established real estate development firms, with a history spanning more than six decades.
The Allen Morris Company has developed and invested across office, multifamily, hospitality, mixed-use, and residential sectors throughout Florida and the Southeast, with an emphasis on placemaking and long-term value creation. Ponce Park continues the firm's commitment to creating architecturally significant developments that become lasting components of their surrounding communities. The Allen Morris Company is led by Spencer and Allen Morris.
The architecture is led by John Cunningham of Zyscovich Architects, whose design draws inspiration from the timeless Mediterranean Revival character that defines Coral Gables. Interior design is by Meyer Davis, bringing a refined, hospitality-driven approach to the residences and amenity spaces, while landscape architecture is by Naturalficial, creating lush outdoor environments that complement both the building and its connection to Ponce Circle Park. Sales are exclusively represented by ONE Sotheby's International Realty Development Division (ONE | SIR Development Sales).
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Images via Allen Morris Company
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Growin Group Breaks Ground on LEV, Boutique Luxury Condo in Aventura
Growin Group has broken ground on LEV, a boutique luxury project in Aventura. The groundbreaking signal a deliberate, neighborhood-level strategy at a time when demand for smaller, design-focused residential buildings continues outpacing the large-scale towers dominating South Florida's skyline.
Growin Group has broken ground on LEV, a boutique luxury project in Aventura. The groundbreaking signal a deliberate, neighborhood-level strategy at a time when demand for smaller, design-focused residential buildings continues outpacing the large-scale towers dominating South Florida's skyline.
Local leaders, project partners, and invited guests gathered at the future development site at 2520 NE 191st St. to mark the beginning of the 10-story project. The development will feature just 32 luxury residences designed around wellness, privacy, flexible ownership, and modern architecture. Residences range from one- to two-bedroom layouts, including two two-story penthouses. Select units will also feature private plunge pools on their terraces. Prices for the remaining residences start at $570,000 with sales overseen by Property Pros.
“LEV is a deliberate departure from what most of the market is offering right now,” said Jorge Saivay, co-founder of Growin Group. “Thirty-two residences means your neighbors know your name, and the rooftop doesn't feel like a hotel pool on a Saturday afternoon. That intimacy is what today's luxury buyer is paying for.”
“Aventura already has the infrastructure that buyers want with Brightline access, Aventura Mall, Gulfstream Park, and some of the best private schools in Miami-Dade,” added Luis Ochoa, co-founder of Growin Group. “What it hasn't had enough of is residential product that matches the caliber of everything around it – boutique, thoughtfully designed, and flexible.”
The development is strategically positioned near the Brightline Aventura station, Turnberry's golf course, Gulfstream Park, and the highly regarded Scheck Hillel Community School. LEV is designed for buyers seeking a more intentional way of living, with convenient access to dining, transportation, education and lifestyle amenities.
“The response we've seen in this market confirms what we already knew,” said Brandon Talalaevsky, founder of Property Pro Partners, which is handling sales. “Buyers want attainable luxury in a location that justifies the investment. LEV checks every box and at a price point that still makes sense for investors. It’s a combination that’s hard to find in South Florida right now.”
The project will offer flexible ownership options, including monthly rentals, appealing to buyers seeking both lifestyle flexibility and long-term investment potential. The structure is also designed to attract second-home buyers and investors looking for luxury residences in one of South Florida's fastest-growing residential markets.
Residences at LEV will feature expansive terraces, floor-to-ceiling impact glass, spa-inspired amenities, rooftop lounge areas and wellness-focused spaces designed to create a more private and connected luxury residential experience.
LEV reflects a growing trend across South Florida toward smaller, design-driven condominium developments in highly desirable residential neighborhoods. As luxury buyers continue migrating to Miami-Dade County, developers are placing greater focus on boutique residential projects that prioritize wellness, privacy, flexible ownership and proximity to major lifestyle destinations.
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MICL and Admire Capital Reveal New Renderings of The Ritz-Carlton Residences, Fort Lauderdale Beach
A new collection of renderings has been unveiled for The Ritz-Carlton Residences, Fort Lauderdale Beach, offering a fresh look at the boutique branded residential development coming to one of the city's premier beachfront locations. The newly released imagery showcases the project's residences and signature amenity spaces as buyer demand for branded residences continues to strengthen across South Florida.
A new collection of renderings has been unveiled for The Ritz-Carlton Residences, Fort Lauderdale Beach, offering a fresh look at the boutique branded residential development coming to one of the city's premier beachfront locations. The newly released imagery showcases the project's residences and signature amenity spaces as buyer demand for branded residences continues to strengthen across South Florida.
Developed by MICL and Admire Capital, The Ritz-Carlton Residences, Fort Lauderdale Beach will introduce 83 private residences across two 13-story towers located at 551 Bayshore Drive, positioned between the Atlantic Ocean and the Intracoastal Waterway. The project arrives at a defining moment in Fort Lauderdale's transformation as a nationally recognized coastal destination. Sales and marketing are exclusively represented by Douglas Elliman Development Marketing, with residences starting from $3.4 million.
The new renderings provide an updated perspective on the architectural vision by Garcia Stromberg and the interior design by Dan Fink Studio. The images highlight a collection of thoughtfully designed spaces throughout the development, including the lobby, residents' lounge, rooftop pool deck, fitness center, media room, and children's playroom, offering a closer look at the design shaping one of Fort Lauderdale's newest luxury residential developments.
The boutique development will offer a limited collection of two- and three-bedroom residences with dens, ranging from approximately 1,550 to 3,480 square feet, along with six penthouse residences featuring ceiling heights of up to 11 feet. Inspired by the property's unique waterfront setting, the dual-tower design was carefully conceived to capture natural light, ocean breezes, and expansive views throughout the residences.
Each home will feature wide-plank white oak flooring, floor-to-ceiling sliding glass doors, and spacious private terraces, with select residences enjoying both Atlantic Ocean and Intracoastal Waterway views. Kitchens are appointed with Shaker-style cabinetry and fully integrated Sub-Zero and Wolf appliances, while primary suites include walk-in closets and bathrooms featuring freestanding soaking tubs and Waterworks fixtures. Additional details include European-style solid-core interior doors, custom built-ins, and full-size vented washers and dryers.
Select residences will include private elevator lobbies with separate service elevators, while portions of the penthouse collection will feature private rooftop terraces with plunge pools, further enhancing the project's indoor-outdoor coastal lifestyle.
Residents will enjoy a curated collection of indoor and outdoor amenities. Between the two towers, landscaped gardens surround both a tranquil lap pool and a separate leisure pool, complemented by private cabanas, an outdoor bar pavilion, and a limited number of dock slips along the Intracoastal Waterway. Indoor amenities include a resident lounge with a catering kitchen, screening room, conference room, multi-sport simulator, and a dedicated children's playroom.
Ownership also includes The Ritz-Carlton's renowned residential service, with a dedicated on-site team providing 24-hour valet, concierge, and personalized lifestyle coordination. Residents will also receive membership in ONVIA, Marriott's owner recognition platform, offering elevated global travel status, exclusive partnerships, and curated experiences including yacht and golf access, as well as cultural and wellness privileges.
Developed by a team recognized for its leadership in residential and design-driven real estate, The Ritz-Carlton Residences, Fort Lauderdale Beach represents a distinctive addition to the city's waterfront landscape, bringing together thoughtful architecture, refined interiors, legendary hospitality, and an exceptional waterfront setting.
Renderings via The Boundary
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CMC Group and Fort Partners Commence Vertical Construction on Four Seasons Private Residences Coconut Grove
CMC Group and Fort Partners have commenced vertical construction at Four Seasons Private Residences Coconut Grove, the global brand’s first standalone residential offering in Florida. With foundation work complete, the 20-story waterfront tower is now rising above Biscayne Bay, marking a major construction milestone as the development remains on schedule for completion in 2028.
South Florida-based real estate development firms CMC Group and Fort Partners have commenced vertical construction at Four Seasons Private Residences Coconut Grove, the global brand’s first standalone residential offering in Florida. With foundation work complete, the 20-story waterfront tower is now rising above Biscayne Bay, marking a major construction milestone as the development remains on schedule for completion in 2028. This milestone follows the team's successful $323.8 million construction financing earlier this year, which attracted exceptional interest from the lending community and further reinforced confidence in the project as it advanced toward vertical construction.
“Reaching this milestone is a significant moment because it demonstrates that our vision for Four Seasons Private Residences Coconut Grove is becoming a reality,” said Ugo Colombo, Founder of CMC Group. "From the outset, we believed this would be an exceptional addition to Coconut Grove — from its location to its design and the strength of the Four Seasons brand — and it's rewarding to see that confidence reflected as construction advances. CMC Group and Fort Partners have always been committed to delivering projects that stand the test of time, and we're pleased to see this one progressing as planned.”
“The most successful projects are the ones that inspire confidence long before they're completed,” said Nadim Ashi, CEO of Fort Partners. “The continued interest we've seen from buyers, together with the support of our financial partners, reflects the quality of this development and the experienced team behind it. We're pleased to see construction advancing on schedule as Four Seasons Private Residences Coconut Grove continues to take shape.”
Since launching sales in 2024, Four Seasons Private Residences Coconut Grove has continued to generate strong interest from local, national and international buyers drawn to the rarity of a standalone Four Seasons residential offering in one of Miami's most sought-after neighborhoods. That sustained demand, together with the institutional confidence demonstrated through the project's successful financing earlier this year, reflects the strong foundation supporting the development as it continues to advance on schedule.
Designed by Miami-based architect Luis Revuelta with interiors by acclaimed Florentine designer Michele Bönan, the development will feature 70 residences ranging from 2,025 to 3,975 square feet, along with four penthouses spanning up to 9,690 square feet. The curved design maximizes panoramic water views through expansive floor-to-ceiling windows, while open floor plans and ceiling heights ranging from 10 to 11 feet create spacious, light-filled residential experiences. Each home is accessed via dedicated elevator entry.
Residents will enjoy the lifestyle of a world-class Four Seasons resort, even without the presence of a hotel. The resort-style amenities collection includes a pool deck, restaurant, state-of-the-art fitness center, yoga studio, massage treatment rooms, a spa featuring a cold plunge, hydromassage pool, horizontal shower, ice fountain, sauna circuit inspired by ancient Roman bath chambers, and much more. Five-star Four Seasons service completes the offering, with everything from a dedicated Director of Residences and Lifestyle Manager to housekeeping and butler services, in-residence dining, valet, wellness programming and more.
Together, CMC Group and Fort Partners have earned a reputation for delivering landmark residential developments that define their markets. Their combined track record of bringing ambitious projects from vision to completion has established them as two of South Florida’s most respected luxury developers, reinforcing buyer and institutional confidence in Four Seasons Private Residences Coconut Grove.
Sales at Four Seasons Private Residences Coconut Grove are being handled in-house by CMC Real Estate and Fort Realty.
Renderings via Four Seasons Private Residences Coconut Grove
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Allen Morris Company has unveiled eight Ponce Park penthouses in Coral Gables, ranging from 2,241 to 7,644 square feet. Three have sold, according to its October 23 announcement.