Trending Multifamily News
In a City already renowned for its luxury residential, the Allen Morris Company, one of the most renown real estate firms in the Southeast U.S., today launched the sales of Ponce Park, Coral Gables, an ultra-luxury mixed-use, one-of-a-kind boutique condominium community. ONE Sotheby’s International Realty will oversee condominium sales.
Located at 3000 Ponce de Leon Blvd., at the intersection of Ponce de Leon Blvd. and University Drive, the eleven-story, 58-residence boutique enclave will also feature 30,000 sq ft of amenities including rooftop pools, jacuzzi, a fully appointed spa, and a fully staffed rooftop bar for residents. The program also includes 25,000 square feet of curated ground floor retail, including a world-renown restaurant that will anchor the project, all a few minutes’ walk from the famed Miracle Mile.
To be located directly adjacent to Ponce Circle Park, the Allen Morris Company will contribute $2 million to help support enhancements and upgrades at the public park which will benefit all Coral Gables residents.
Designed by the globally acclaimed John Cunningham of Zyscovich Architects, with interiors by New York-based Meyer Davis, Ponce Park’s design pays homage to the City’s rich Mediterranean influence while integrating contemporary elements and every imaginable amenity. Construction is scheduled to begin Q4 2025, with a late 2027 completion date.
The two- to five-bedroom residences featuring 11’-12’ ceilings will range in size from 1,900 sq ft to 6,500 sq ft for penthouse residences featuring 12’ ceilings. Prices start at $2.4 million.
Among the community’s numerous extraordinary features, its oversized 11’ deep balconies each appointed with a fully loaded Summer Kitchen. An ideal setting for hosting year-round gatherings.
Complementing Ponce Park’s residential offerings is a full-service Sky Bar, artisanal café, doorman service and an adjacent Michelin Star restaurant.
“Ponce Park will become a building of timeless elegance”, says W. A. Spencer Morris, President of the Allen Morris Company. “The structure is clad in the finest natural stones, with Venetian plaster accents and custom artisanal metal and wood details throughout, it is truly in a category of its own.”
Ponce Park’s location is truly distinct, set among the pristinely landscaped streets of Coral Gables, the building will be perfectly European, with its interiors designed and curated by the acclaimed New York-based Meyer Davis. Timeless elegance will be Ponce Park’s legacy.
Beyond the adjacent Ponce Circle Park, residents will enjoy private serene outdoor retreat areas within the property through thoughtfully designed landscaping.
Additional features of the bespoke residences include private elevators, chef-grade kitchens, Italian wood cabinetry, double waterfall Italian stone countertops, and premium appliances, including Sub-Zero, Wolf, and La Cornue. Ponce Park’s smart home technology and cutting-edge automation will be unparalleled, melding artistry with innovation.
“Ponce Park is an iconic expression that will become the new Southern Gateway to Coral Gables. The artful composition, massing detailing, and refined materiality of the building will make it a celebrated and cherished landmark for generations to come,” said John A. Cunningham, Managing Director, of Zyscovich Architects.
“Our vision for Ponce Park was to craft a space that honors the essence of Coral Gables—its lush landscapes, timeless elegance, and vibrant community. Working with a developer who shares our passion for creating timeless, harmonious spaces, we have designed a destination where lush greenery, European-inspired details, and inviting pathways to come together to celebrate community, history, and the art of living beautifully,” adds Nancy Santorelli, Managing Director, Meyer Davis.
“Ponce Park represents a rare opportunity to bring a truly transformative vision to life in the heart of Coral Gables,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “This project is a harmonious blend of timeless design, unparalleled luxury, and an extraordinary location. It offers buyers the chance to experience a level of exclusivity and elegance that will redefine urban living in one of the nation’s most coveted neighborhoods.”
The sales center for Ponce Park will open in February, offering prospective buyers an exclusive look at the residences and amenities. For additional information on any facet related to Ponce Park, visit www.PoncePark.com, or contact Ena Espino of ONE Sotheby’s Int’l at This email address is being protected from spambots. You need JavaScript enabled to view it..
Grand Station Receives TCO for 300-unit Tower in Downtown Miami
Collaboration with the Miami Parking Authority on the development emphasizes Downtown Miami’s urban amenities; ease of access to transportation, entertainment and more
MIAMI (Oct. 20, 2021) – Grand Station Apartments, a transformative collaboration between Miami-based ROVR Development and the Miami Parking Authority (MPA), has received its TCO and residents have started to move-in.
The $70 million, 30-story apartment tower, located at 240 North Miami Avenue, features 300 beautifully appointed residences, and brings a combination of residential floorplans to MPA’s headquarters, while expanding the existing garage at Courthouse Center with 350 parking spaces.
Led by Principals Oscar Rodriguez and Ricardo Vadia, ROVR is developing the project, and Monument Real Estate Services (MRES), an A-Rod Corp Company, will be the property manager.
Designed by Miami-based Zyscovich Architects and Anillo, Toledo, Lopez LLC, Grand Station will bring residents within proximity of Miami’s most important transit systems. Government Center’s Metrorail, Metromover and bus hubs, as well as MiamiCentral which features the tri-county rail service Brightline and will eventually include TriRail, are within a five-minute walk of the property.
Studios, one- and two-bedroom units will feature high-end finishes such as custom Italian cabinets, stainless steel appliances, quartz countertops, walk-in closets and a full-size washer and dryer. Effective rents range from $1783 to $2300.
“We are very proud to have worked alongside the Miami Parking Authority (MPA) to conceptualize, and ultimately realize this wonderful project,” said Rodriguez. “It creatively maximizes MPA’s space, allowing them to enhance their existing facilities.”
“Transit-oriented developments are key to our city’s urban evolution,” said Vadia. “The building’s accessibility to Miami Dade College, the Health District and downtown as a whole ideally positions Grand Station.”
Grand Station Apartments brings a cosmopolitan flair with a vast array of indoor and outdoor amenities. The development includes an expansive New York-inspired rooftop terrace, an outdoor kitchen with grilling area and an oversized swimming pool with sun deck and several hot tubs, offering residents extraordinary views of the city scape.
An upscale amenities deck with a variety of Class A finishes features a full-size state-of-the-art fitness center, wellness treatment and spa rooms with an indoor heated soaking pool, a computer and business center, and a clubroom, as well as an indoor/outdoor spa to unwind. The community also includes a concierge service, dog spa with pet station, bike storage and 24-hour package lockers.
###
About ROVR Development
With more than $250 million of real estate currently under development, ROVR continues to expand their footprint and shape the city’s skyline with a number of other Miami projects, among them Biscayne 112, a luxury rental community in North Miami and the now completed Fairchild, a $50 million condominium development in Coconut Grove. The firm is also co-developing The District in Downtown Miami, a mixed-use condominium, with JV partner Related Group, bringing a 37-story mixed-use project that would have 343 residential units and nearly 2,300 square feet of ground-floor retail space. For additional information, visit www.ROVRDev.com.