CITY OF CORAL GABLES:


Demographics

Residential Demographics

Total population in 14 square miles is 43,000

Total number of households is 16,586;
average household size is 2.34

Average household income exceeds $97,000

Median home values exceed $275,000

More than 50% of residents have a college degree; 25% have a graduate or professional degree

More than 50% of the household above $50,000 or higher EBI


Business Profile

5.5 million square feet of office space city-wide; more than 500,000 square feet proposed or under way

3,800 businesses have a combined sales figure of $98 billion

40,000-strong white-collar employee base with median per capita comes in excess of $60,000

Home to more than 150 multinationals, most of which are regional headquarters for Latin - America

21 consulates and trade offices

1,400 hotel rooms, 50% of which have luxury or first-class status


Projects in Coral Gables


Click on the name of the project if you'd like to jump directly to information about it.

Projects under construction
(Ground breaking/
est Completion)
Planned Developments
(est. ground breaking)
(est. completion)
Other projects
in the area
 

The Aston
(move in now)

 Gables Marquis

 

The Emerald Plaza

The Gables Club Tower II  

Da Vinci at C. Gables 
Condo Conversion.
Immediate Occupancy.

Douglas Place
 (June 2004)    
(4th Qtr. 2oo5)

 

Ponce Tower
(Coming July 2004)

Milano Tower

 One Village Place
(end of 2004)
(end of 2005)

 Merrick View Ofice
(Begin in late 2004.
12 to 14 months for completion)

The Ponce de Leon
            (2006)                         

Nordica
(groundbreak. Feb 05
completion end of 06)

 X Aragon
Rentals

Puerta de Palmas 
(Fall 2004-Summer 2006)

Shamrock by the Gables 

Proximity area developments

Little Havana Projects

 Planned developments news

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New construction: "CORAL GABLES"
click on names above or follow this link for:
All "Coral Gables Projects", Information, Pictures, Details.

For detailed information about these projects, click here or Call (305) 962 4532


CITY INFORMATION


Coral Gables, The City Beautiful, stands out as a rare pearl in South Florida, a cohesive community built on a grand scale that blends color, detail, and the Mediterranean Revival architectural style to create a timeless grace and grandeur perfectly in harmony with the environment.

Whether you are a first-time visitor or a long-time resident, Coral Gables is a great place to live, work, and explore. Discover Coral Gables, and the many amenities
The City Beautiful has to offer.

www.citybeautiful.net/


Planned Developments. News

New housing could bring 4,000 new residents to Gables. 03/31/05 By Yeleny Suarez
Developments in the pipeline in Coral Gables could add 2,133 housing units and boost the city's population of 43,216 about 10%.

The 67 developments in process - part of a countywide boom of more than 100,000 new housing units - include 40 commercial projects, some of which include housing. 


Burgeoning development has helped increase total property values in Coral Gables 10% to 11% a year over the past three years, and City Manager David Brown says there is no reason values should not grow another 10% this year. Present values are $9.2 billion, up from $8.2 billion a year ago.


"Development is doing very well. I don't have reason to believe planned developments will not be materialized," Mr. Brown said. "The city has grown into a corporation-tenant business mix with a good pedestrian flow."

The city's Planning and Zoning Department lists 40 commercial projects in the works as of March 1 that include 1,323 residences at a projected cost of $89.6 million. 

Of these, 20 are in preliminary phases, eight in permitting and 12 under permit.

The largest project, at $46 million, is at City National Bank, 2701 S LeJeune Rd. Plans call for demolition of a bank building and parking lot and construction of two office buildings.

Meanwhile, 27 residential projects are expected to add 810 units.
Two projects in permitting are to include 244 units,
14 with permits are to include 355 and
11 in preliminary phases are to include 211.

Few of the projects require city commission action, said Vice Mayor Ralph Cabrera, because most of them adhere to existing code. "If you build something as of right, you do not have to go to the commission," he said. "This means the buyer checks out the zoning and builds accordingly and then goes before the preliminary review board and then the board of architects." 
The city, he said, has very little vacant land, most of which has been held for many years by the McBride family. Mr. Cabrera said the McBrides own a lot behind David William Hotel, 700 Biltmore Dr.; a triangular spot in a residential area; and a lot at Ponce de Leon parallel to South Dixie Highway and Riviera Drive.
Most of the city's commercial development is actually redevelopment, said Dennis S. Smith, assistant director of building and zoning.
"All the people involved in projects are moving very expeditiously forward," Mr. Smith said. "They are moving right into construction drawing, which is a good indication they are going to go forward with the project."
Mr. Brown said the city is working on rewriting the zoning code and comprehensive land-use plan to make sure residents are protected from growth.
"By rewriting the zoning code to be completed by the end of the year," he said, "we are making sure the future growth structure supports parking, traffic flow and fire protection."

 The Miami Herald

Coral Gables, Fla., Trying to Curb McMansions

RISMEDIA, April 29 ? (KRT) ? If Coral Gables city city leaders have their way, home builders in Coral Gables will lose five percent of their allowable square feet of coverage for single-family dwellings.

But contractors can regain that space if they design a home in a way that would minimize massing and make it more congruent with other houses in the neighborhood.

City commissioners -- who have complained for months about the construction of what they call "monster homes" or McMansions -- gave preliminary approval Tuesday to new, interim regulations, which also give the board of architects more power in forcing design changes.

The measure must still go through a public hearing next month before becoming official. And residents and developers alike will have another opportunity to provide input on the issue at the next zoning code rewrite hearing on May 18.

Planning and zoning board members denied a similar proposal to regulate the size of single-family homes last month after the majority of speakers present opposed it.

But, on Tuesday, nobody spoke against the measure proposed by Assistant Building and Zoning Director Dennis Smith. Resident after resident urged commissioners to pass it.

"I'm a 'monster house' survivor," said Isabel McCormick, a resident of the 1500 block of Alegriano Avenue, about a two-story home built next to hers five years ago.

"One of the things that bothers me most about the house is that it is about five feet away from my fence. I am living next to the Berlin Wall. If I sit in my back yard, all I hear are the two air conditioning units and all I see is the huge concrete wall going up two-and-a-half floors."

She said, and others agreed, that the current code puts too much emphasis on setbacks and aesthetics on the front of a home and not enough on the sides and rear.

Smith's proposal does provide incentives for builders to increase setbacks along the side and rear of a home site. It also decreases the maximum allowable height for a two-story home from 34 to 29 feet.

The new rules would also provide standards to guide redevelopment of single-family properties with residences that fit into the fabric of the neighborhood, he said. They also give the board of architects the power to require design changes rather than just recommend or suggest them.

Those changes -- which could be a reduction in the building heights, more traditional and simpler roof types, a reduction in the area of a second floor or architectural details that minimize the massing -- would allow a builder to "buy back" the five percent reduction on buildable square footage on any single family lot, currently 35 percent.

"In no case can anybody gain back more than five percent," Smith said.

The option of forcing a setback on the second floor was scrapped after the planning and zoning board expressed concerns that the measure, in and of itself, would not fix the problem but rather create a cookie cutter effect, something leaders don't want.

"This is really a design-based solution," Smith said.

Because planning and zoning board members also had an issue with homes nonconforming to code and having to be built differently in the case of a hurricane or tornado, there is a provision that says the city commission can allow a home to be rebuilt as it was.

Mayor Donald Slesnick, who has led the charge against the oversized homes, said he would like to see something address the issue of interior courtyards with pools. "They need to have enough land to build them on," he said.

Zeke Guilford, who spoke against the measures proposed last month, sat quietly in the back of commission chambers and did not oppose the new interim regulations. He told The Herald later that he thought Smith had been able to strike a balance between the rights of builders and the desire of longtime residents to preserve their neighborhoods.

"Dennis did an excellent job crafting some revised regulations that really maintain people's property rights and give them incentives to do some of the things I believe will help some of the issues concerning the residents," said Guilford, a prominent zoning attorney who is often before the commission on zoning and land-use issues.

Copyright © 2005, The Miami Herald
Distributed by Knight Ridder/Tribune Business News.

RISMedia welcomes your questions and comments. Send your e-mail to: editorial@rismedia.com


Proximity Area Developments

click on the links below if you'd like detailed information on other areas of your interest.

North Bay Village &
Normandy Isle
Hallandale Beach &
Hollywood
Miami Mid Beach Sunny Isles 
 South Beach   Fisher Island 
 Bal Harbour  Surfside
Downtown Area Miami River Area
 Biscayne Corridor Uptown Miami 
Biscayne Blvd. East to the Bay Midtown Miami
Brickell Area  Design District
Coral Gables/C.Grove  Upper East Side 

To see developments in these areas individually  please click on the area name and feel free to browse through the pages to learn and appreciate the extent of the changes going on.


For more information, please Contact Us.

        Omar H. Scandura, P.A. Realtor, e-PRO

 Mortgage Consultant
 MailTo:Buy@MiamiRealtyShow.com
 One Stop Real Estate System in Miami
                          
   Carson Realty Group,Inc         
South Atlantic Mortgage Corp
 (305) 962 4532
 www.MiamiRealtyShow.com
The best properties in Miami have move to this site.


BUYERS, INVESTORS: 
Why using a Realtor
when buying new construction property
. Benefits.
                                                                                        
Need financing? 

Definitely booming!           


Would you like to request brochures or information on any of these projects?




COMPRADORES, INVERSIONISTAS: 

Necesita Financiacion?

Porque usar un agente al comprar nueva construccion es un beneficio para Ud.
sin costo alguno?
                                                                                        
Do you Need financing?      Para financiamiento oprima aqui


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Information believe to be accurate but not guaranteed. Prices, Terms & Availability are subject to change without notice. Subject to errors, omissions, prior sale and withdrawal at any time. Square footage is believed to be accurate, but may be revised.All Names and Pre-Construction information are property of their corresponding developers. The material in this site is based upon information which we consider reliable, we cannot represent that it is accurate or complete and it should not be relied upon as such.

Oral representations cannot be relied upon as correctly stating the representations of the Developer. For correct representations make reference to the brochures and to the documents required by Section 718.503 Florida Statues to be furnished by a developer to a buyer or lessee.