Construction is underway on the the largest project ever built in Coral Gables, valued at $600 million.
The Plaza Coral Gables (formerly called Mediterranean Village) will include 2.1 million square feet of space, spanning seven acres and three city blocks.
It will encompass approximately:
- 174 luxury residential rental apartments
- 242 hotel rooms, with the hotel rated 4.5 stars
- 161,000 square feet of retail, with a focus on food and beverage
- 447,000 square feet of office space in two towers
- 2,400 parking spaces
The north parcel first phase broke ground last summer (including residential, office and retail), and is on track for completion by the end of 2020, a spokesperson told Miami Today. The central and southern parcels will follow the northern construction.
Agave Ponce, LLC, a subsidiary of Agave Holdings, LLC, is the developer.
RTKL is the architect.
The Herald featured a story recently of a single homeowner in the area of the development who has refused to sell.
Construction in December 2018:
