$550+ Million Transit-Oriented Development Opens Next To Metrorail Tracks

Another transit-oriented project has just opened next to the Metrorail tracks.

Life Time Coral Gables, a 14-story, $550+ million, 1.2 million-square-foot development, held a grand opening ceremony on August 10.

The development includes an 80,000-square-foot luxury athletic resort, a 25,000-square-foot Life Time Work and 495 luxury rental apartments.

A retail component will also open in October with a Trader Joe’s, Graziano’s Argentinian restaurant, and others.

There are other Life Time locations in Boca Raton and Tampa, along with locations under development in Palm Beach Gardens (mid-2022) and The Falls in Miami (opening early 2023). Life Time also owns and produces the Miami Marathon.

Prices apartments at the new Coral gables location range from $2,500 for a studio to $6,500 for a three-bedroom unit and up to $8,500 for a penthouse.

Apartments are already 40 percent leased, with 292 units still available, according to The Real Deal.

The Douglas Road Metrorail station is about a 10-minute walk away. There will also be a new section of the Underline built next to the new project.

 

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Anonymous
5 months ago

At those prices, no one is walking to MetroRail.

Anonymous
5 months ago

Huh?

Actually, many *will* do that. And they’ll even pay a premium to live there too.

Anonymous
5 months ago

They need to relax with all these developments in Coral Gables. I know the metro rail runs at the south end but the people living there aren’t getting on the metro. You aren’t paying those prices and getting on the metro to go to downtown. All it does it congest the area.

Anonymous
5 months ago

They aren’t going to walk 10 mins in miami heat/rain. To get on a metro to only get to downtown.

Anonymous
5 months ago

It gets hot and rains in a New York, there’s wealthy people there that still enjoy public transit. Plus folks like you with your outdated thinking forget you’re living at a time of great change. The future is as vehicle focused as y’all old folks were.

Anonymous
5 months ago

True–it gets hot most everywhere, plus most other US cities got this thing called Winter to deal with which can be far more brutal than some sweat. But cars are here to stay without a doubt. The only question is how or when will they be powered by something other than fossil fuels.

Anonymous
5 months ago

At least you can dress for winter. You can’t walk around with a personal A/C.

Anonymous
5 months ago

^^Wearing 3 layers of clothes and gloves and a knit cap is your idea of comfortable?

Anonymous
5 months ago

“focused as y’all old folks were”

Cars, Trains, Televisions, and Computers were all invented by old folks.

What did your generation invent besides stupid shit to say?

Anonymous
5 months ago

If South Florida keeps adhering to your outrageous, outdated standards, it’ll just be left in the past and buried with you boomers.

Anonymous
5 months ago

Whoever you are, if you live long enough, you’re going to get old before you know it and youngsters will be calling you the “old X-generaton” and the “old millennial generation.”

Watch!

Anonymous
5 months ago

And you’ll be dead before that happens!

Anonymous
5 months ago

People died before me, at the same time with me, and after me.

Your ass won’t escape that either.

Anonymous
5 months ago

Actually, many *will* do that. And they’ll even pay a premium to live there too.

Anonymous
5 months ago

Haha.. another “Sim City” expert…

Anonymous
5 months ago

Yeah that is why I laugh at the parking whiners, people aren’t going to take the trains even if they’re going to somewhere literally across the street from the station.

Anonymous
5 months ago

Why pay to hop on a train when you can walk that far?

Anonymous
5 months ago

People in this town are morons and big time ignorant. If so-called wealthy folks here (and I doubt it is true wealth they speak of…in Miami so many people PRETEND to be wealthy) do not take the metro it is not due to them being wealthy. It is for other reasons. These mofos act like this is only town or the first town to have upper financial class folk. News flash, all around the world in big cosmopolitan cities it is not just working class and poor folk taking the metros. So dumb. It’s like they’ve never been anywhere. OMG.

Anonymous
5 months ago

You appear to be the same disgruntled individual that tries to stir up controversy by making ridiculously provocative statements. Keep your putrid thoughts to yourself and take the opportunity to be thankful for the blue blood which you think runs through your veins.

Anonymous
5 months ago

Shut up… go somewhere and wait for your next marching orders from your fuhrer Donald Trump

Anonymous
5 months ago

$2500 for a studio? Bahahahahahahaha!

Anonymous
5 months ago

Yeah, it’s funny until you go to other cities and see how much they’re paying a month for a studio apartment.

Anonymous
5 months ago

Sure it’s all relative, but this price point is obscene to most people here

Anonymous
5 months ago

You get a nice area, brand new building and amenities, and great transit options! This isn’t your slumlord owned, rodent and roach infested, hacked together efficiency in Hialeah.

Anonymous
5 months ago

lol…

Anonymous
5 months ago

I am no fan of Hialeah, but man the constant pile on is unfounded in my opinion. There are FAR worse areas of Miami-Dade than Hialeah. Sure, it’s loud, a bit trashy and severely lacking in aesthetics but it’s not the dump so many here claim it to be. Thankfully, I don’t have to contemplate moving, but if given a choice between Hialeah or Miami Gardens, I’d choose Hialeah hands down.

Anonymous
5 months ago

$2500/mo for a non-oceanfront + oceanview studio in South Florida is just plane nuts. Even for oceanfront that’s a huge stretch. That money for a Gables studio overlooking South Dixie Hwy, and within p!ssing distance to crappy Grand Avenue area, is a nonstarter. No way to spin it. Market here won’t suppport it.

Anonymous
5 months ago

If the developers thought they couldn’t get that asking price, I don’t believe they would even try it.

Anonymous
5 months ago

It’s still a total ripoff…you can get a nice 2 bedroom in edgewater for that

Anonymous
5 months ago

But you are between cables and grove. Top neighborhoods in miami. And next to the metrorail.

Anonymous
5 months ago

It’s right next to the crap part of the grove, and has breathtaking views of South Dixie Hwy. Get real.

Anonymous
5 months ago

Great!! Let’s not focus just downtown

Anonymous
5 months ago

Great project

Anonymous
5 months ago

Muy Bonita

Anonymous
5 months ago

Yes, it is. Not every girl has to be a ten to be pretty.

EJS
5 months ago

Trader Joe’s, YES! And I just might hop on the metrorail from downtown to go there. But then another TJ’s is opening in Midtown. Miami moving on up!

Anonymous
5 months ago

At those prices, people can already live in Downtown Miami or Brickell and skip the travel time that the train takes.

Anonymous
5 months ago

Or maybe the people renting here will have jobs in Coral Gables, Kendall, and Homestead. Did you consider that?

Anonymous
5 months ago

Working on what? Even IBM left Coral Gables on 2009 on the last downturn.
the only jobs in Coral Gables are Retail, UM teachers, Personal Training or some hospitality jobs. None of them can afford an Studio at $2,500 with the noise of a train next door that will not take them to work.

In other cities people take public transportation due to it being connected to more places in town. We only offer one way North to South.

Anonymous
5 months ago

metro to Brickell is super easy

Anonymous
5 months ago

I live in coconut gove and i walk 10 minutes to the station to go downtown. I love this building. Unique design which give character to cables as so many in the area.

Anonymous
5 months ago

“cables?”

Anonymous
5 months ago

6 years in the making…

Grove resident
5 months ago

It is funny, I do not think a normal person will pay those prices and ignore the noise of the passing Metro Rail. If you can afford $8,500 for a penthouse, you aren’t looking at these monstrosity of a building. No doubt, Wannabe’s will populate this place for short stays.