Luxury 450-Unit Apartment Project Planned In Coral Gables, Close To Metrorail

MG Developer has purchased property near a Metrorail station with plans to build 450 luxury rental apartments.

The new $204 million project will be known as Merrick Parc.

In addition to the apartment and amenity space, Merrick Parc will also include parking, retail space for shops and dining venues.

Last year, a project called Merrick Towers was submitted to the UDRB for review for the same site, designed by Atelier305. It was proposed to include twin 20-story towers with 268 rental apartments,  32,200 square feet of office use, 6,342 square feet of ground floor retail space, and 288 parking spaces.

The new project will also have twin 20-story towers, this time designed by architect Behar & Font.

The Douglas Road Metrorail station is just a few minutes walk away, with thousands of residential units planned and under construction in close proximity, including the tallest towers south of Brickell.

MG Developer partnered with New York’s The Baron Property Group to develop Merrick Parc and Colliers International to finance the initial $24 million tranche with $13 million in equity financing. The initial land acquisition debt financing was provided by New York based firm, S3 Capital, and closed in late April of 2022.

 

The new design for Merrick Parc:

 

The old design for Merrick Towers on the same site, from last year:

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rainey411
6 months ago

RIP the old design was much better. VE at its finest

Anonymous
6 months ago

the old deign style was better. the podium was not. the new design did a much better job at hiding the parking garage.

Antennae
6 months ago

Yes, by far, the original design was more fitting and would have stood out. The new design is nice but more of the same.

Anonymous
6 months ago

Agreed, it could be far worse. At least it’s not another Link at Douglas monstrosity.

Anonymous
6 months ago

I feel like we move backwards here in miami

Anonymous
6 months ago

With spelling like yours, I agree, Miami is moving backwards.

Anonymous
6 months ago

What’s the misspelling?

Anonymous
6 months ago

“I feel like we move backwards here in miami”

Look, if you want to write a statement like that, this is how it should be written:

I feel like “we’re (or) we are moving” backwards here in Miami, (anytime you reference the name of a city or state, the first letter must be capitalized).

I hope what I wrote is clear enough to you.

Anonymous
6 months ago

Oh come on. There are much worse examples of bad spelling and grammar on here than that. Go find Melo is Sigma and Chad’s millions of comments and see how egregious some of his mistakes are.

Anonymous
6 months ago

Is English your second language? If so, it’s understandable. But please understand “we move” is perfectly acceptable. For example, “when we move to Miami, we should get a boat.” Another example: “we move the furniture ourselves each time we move houses.”

Anonymous
6 months ago

Lmao what a loser pointing something out like that to make themselves feel better

Anonymous
6 months ago

^
And this loser has the nerve to talk…

Hooked on Phonics
6 months ago

This seems to be a grammar lesson more than a spelling lesson.

Anonymous
6 months ago

Haha.. a bunch of dummies here with “smart phones.”

MBeach
6 months ago

Yu so true doggg

Anonymous
6 months ago

sorry to correct the corrector, but that was a grammatical error, not a issue with spelling 😉

Anonymous
6 months ago

“LUXURY” means rents starting at $5,000 per month for a studio.

Anonymous
6 months ago

The new normal.

sumpin'
6 months ago

luxuxy+450 units+views of scenic metrorail

Anonymous
6 months ago

…and public housing just a few minutes walk away

Fern
6 months ago

Could probably build more/larger apartments if there wasn’t a mandated amount of parking.

Fern
6 months ago

And then they would be cheaper. (which I forgot to add to this comment)

Anonymous
6 months ago

and then residents would be crying to Coral Gables that there is not enough street parking

Chris
6 months ago

Coral Gables does not have any control over parking requirements for developments which are located outside of Coral Gables City limits. This proposed development is literally across the street (East of Douglas Road/SW 37th Ave) and within walking distance to the Douglas Road Metrorail Station and the Link Joint Development Project. It will be located on the North side of US1, adjacent to the Metrorail & the Underline 10.2 mile linear Park which is being built-out in phases.

Chris
6 months ago

Correction: 2 blocks West of Douglas Road/SW 37th Ave, and approximately 1 block North from the Metrorail and the 10.2 mile Underline linear Park.

ParkingHater
6 months ago

Friendly reminder that supply and demand works for apartments. Build enough so supply meets demand and prices will drop

Anonymous
6 months ago

What “ParkingHater” means is build more apartments but not spaces for the residents to park their cars in.

ParkingHater
6 months ago

It’s almost as if I believe car focused infrastructure and the sprawl it encourages is fundamentally bad for cities, the environment, and the local economy!

Anonymous
6 months ago

…cribbed straight from your urban planning textbook….live in the real world for a decade after you’re done with school and get back to us

Anonymous
6 months ago

^
lol…

sumpin'
6 months ago

yeah but half the comments on here are from “urban planners” from the school of SIM city…the density hoes in particular with the usual blather–“good to see some infill and density….” its more than half occupied towers that go into building a good functional urban enviroment…

Anonymous
6 months ago

I think this is just outside the Coral Gables city limits

Chris
6 months ago

You would be correct. This development will be located with the City of Miami. The change in zoning was approved by City of Miami several years ago.

Another complainer
6 months ago

No affordable housing in this city beautiful

Anonymous
6 months ago

Well, all the people in Miami are homeless then.

Anonymous
6 months ago

Incoming idiotic comment about Miami having lots of twin towers.

Melo is sigma and chad
6 months ago

We have the most in the hemisphere

Anonymous
6 months ago

I remember when there weren’t jack!

Bleh
6 months ago

😓

Jackie
6 months ago

Can’t waite till all these super high rises built on a coral foundation start sinking and collapsing like the one in sunny isles.

Melo Fangirl
6 months ago

[garbage comment re: another set of twin towers in miami]

Melo’s pájaro nalgon
6 months ago

Eww wtf. Whatever happened to coral gables Spanish architecture zoning laws?

ParkingHater
6 months ago

They folded over the years. Now they just use exclusionary zoning to artificially inflate housing costs. Just like merrick wanted!

Chris
6 months ago

This project is located in the City of Miami, not Coral Gables. So Coral Gables has no say over the architectural design.