Astor Companies’ Merrick Manor condominium launches sales in Coral Gables

The Astor Companies’ Merrick Manor condominium has launched sales in Coral Gables, the project announced. Merrick Manor, the first new luxury condo in Coral Gables since the downturn, is a 10-story, 180 unit property. Construction of the $80 million property, which will be located at 301 Altara Avenue near the Village of Merrick Park, is slated to launch this summer, with completion projected for late 2014. “With Miami’s residential market bouncing back faster than many had predicted, now is the time to move forward with the first luxury condo to take shape in Coral Gables in more than five years,” said The Astor Companies’ Vice President Peter Torres. —Alexander Britell