Type: Multi-Family / Commercial (retail) / Active
Client: Agave Holdings/Agave Ponce
A Crown Jewel in The City Beautiful:
In keeping with the City of Coral Gables’ recent business district revitalization program, Agave Ponce is developing The Plaza Coral Gables, a Mediterranean-style development clad in natural stone, with modern elements and surrounded by lush landscaping. The Plaza Coral Gables, the second US project for developers Agave Holdings/Agave Ponce, is sure to be the crown jewel of the City’s central business district. Located at 2801 Ponce de Leon Boulevard, The Plaza Coral Gables is situated on approximately seven acres, encompassing more than two million square feet on three city blocks facing Ponce de Leon Boulevard and Ponce Circle Park. The project is being developed in overlapping phases: Phase I of this mixed-use project is currently under way and being constructed by Coastal Tishman and will consist of a 14-story Class A office building with retail/commercial space on the first two levels and a 17-story apartment building with 135 luxury rental units. The tower buildings are connected by an 8-story parking garage podium. Residential amenities include a fitness center, pool and a clubhouse on the amenity deck, while office tenant amenities feature meeting rooms, a roof deck and gardens, a second gym and catering kitchen spaces. When Phase II of the development is completed, The Plaza Coral Gables will boast a 242 key luxury hotel, a second Class A office tower, 162,000 square-feet of street level shopping and restaurants, as well as 35 low-rise lofts/apartments and approximately 2,200 parking spaces.
“We are proud to have [this team] as our partner for the construction of the first phase of “The Plaza Coral Gables” project. As an Owner/Developer with a long term view, we value [their] experience and reputation for working closely with ownership and delivering projects with extremely high quality.”
Director of Operations, USA Agave Holdings, LLC