Coral Gables residents speak out against development, traffic

In the pipeline: 40 projects, 2,700 resi units, 1.5M sf of office space and 740 hotel rooms

Oct.October 08, 2015 12:00 PM

Concerned about over-development, zoning changes and traffic congestion, more than 200 lively residents packed into the Alhambra ballroom at the Biltmore Hotel in Coral Gables on Wednesday evening to debate the future of Coral Gables.

Coral Gables Commissioner Jeannett Slesnick hosted the forum, which included brainstorming sessions covering the North Ponce area, U.S. 1 corridor, downtown Coral Gables, annexations, green spaces and more.

Coral Gables is in the midst of major development, with 40 commercial and residential projects, 2,700 residential units, 1.5 million square feet of office space and 740 hotel rooms in the works.

Among the projects in the pipeline are the Mediterranean Village at Ponce Circle, 2020 Salzedo and Paseo de la Riviera, the latter of which aims to redefine a portion of the U.S. 1 corridor.

Many residents expressed frustration over plans for the corridor and said the Paseo was “underserving its residents.” They cited traffic congestion, pedestrian safety, increased building heights and loss of parking. In September, the Coral Gables Planning and Zoning board voted to send the Paseo de la Riviera to the city commission without a recommendation.

The city’s population, which doubles during the daytime, is expected to pass 50,000, according to Javier Betancourt, the city’s economic development director.

Here are some of the projects in the development pipeline:

  • Mediterranean Village at Ponce Circle: 227 residential units, 180 hotel rooms, 290,000 square feet of office space, 290,000 square feet of retail space, and a conference center
  • 2020 Salzedo: 214 residential units, 48,000 square feet of office space
  • Lennar Foundation Medical Center: 200,000-square-foot outpatient center
  • Merrick Manor: 227 residential units, 19,000 square feet of commercial space
  • Paseo de la Riviera: 224 apartments, 10-story hotel, 14,853 square feet of ground floor retail
  • Aloft Hotel: 170 rooms

The city will break ground on the $20 million Miracle Mile and Giralda Avenue streetscape improvements early next year. The central business district reported a 9.8 percent office vacancy rate and a 2.1 percent retail vacancy rate for the second quarter of this year, according to Betancourt.

Residents also griped about the changes in parking that the streetscape project will bring to the city’s central business district: parking on the street will be entirely parallel, doing away with the 45-degree-angled spots for more sidewalk space.

Frank Nero, president of Beacon Global Advisors, said that the private and public sectors “need to share a vision.”

“More often than not, cities are not prepared or certain of what they should do because most of the time, they are reactionary,” Nero said. “There are worse things than being the hot new city, but you have to be careful.”

Related Articles

 4601 Le Jeune Road, Jose Boschetti and Maurice Boschetti

Gables Residential sells dev site near Shops at Merrick Park

Office rents rise across SoFla

Here’s why office rents are going up in South Florida

601 Leucadendra Drive (Credit: Zillow)

Manufacturing CEO sells Gables Estates mansion for $12M

From left: BGI Capital’s Kenneth A. Baboun and Robert Barthelmess, 299 Alhambra Circle, Local Ventures' Rishi Kapoor (Credit: Google Maps, BGI)

Developer snags $12M loan for co-working project in Coral Gables

475 Biltmore Way, Somi Center with Douglas Mandel and Benjamin Silver

California investor searching for higher yield buys medical office building portfolio

Rendering of the Plaza Coral Gables

Pinstripes bowling alley inks lease at The Plaza Coral Gables

1515 Sunset Drive and Facundo Bacardi

Bacardi-owned company sues construction firm for defects and delays at Coral Gables office development

Paseo de la Riviera and Industrious CEO Jamie Hodari  

Industrious to open at Paseo de la Riviera in Coral Gables