The Real Deal Miami

Gables Prado complex to break ground

Joint venture to develop 194 units in West Miami
Gables Pardo

Gables Pardo

The Gables Prado apartment complex is about to break ground in West Miami.

The project, a joint venture between Estate Investments Group, Mattoni Group and Fortune Capital Partners, will include 194 units, according to the South Florida Business Journal.

The developers paid $6 million in July for the property, located at 950 South Red Road, which is just west of Coral Gables.

The official groundbreaking will take place on Nov. 20. [South Florida Business Journal] – Christopher Cameron