Coral Gables approves Regency on the Park

12-story apartment tower will feature 6k sf of green space

Aug.August 31, 2018 04:30 PM

Rendering of Regency on the Park and Roberto Trapaga

A new 152-unit apartment building is in the works for the city of Coral Gables.

Developer Alliance Starlight I LLC, led by Roberto Trapaga and Henry Paper, just won unanimous site plan approval from the city commission for its Regency on the Park rental project on the southwest corner of Galiano Street and Calabria Avenue.

Behar Font & Partners designed the 12-story building. Jorge L. Navarro of Greenberg Traurig represented the developer.

Plans for Regency on the Park include 63 one-bedroom units averaging 810 square feet; 86 two-bedroom units averaging 1,090 square feet; and 12 work/live, street-level units averaging 1,265 square feet. Features include pedestrian walks and an adjacent 6,000-square-foot public park.

Records show Alliance Starlight I LLC began assembling the four-parcel site in 2005, when it paid $4 million for about 30,000 square feet of vacant land. In 2016, the same entity dropped $2.17 million for an adjacent garden-style multifamily building built in 1954.

The developer plans to break ground in the second quarter of 2019 and complete the building by the end of 2020, according to a spokesperson.

In recent years, the city has relaxed certain zoning requirements, which has allowed a slew of developers to propose bigger projects, including Astor Companies’ Merrick Manor, a 10-story Mediterranean-style condo building at 301 Altara Avenue.

NP International is also converting the former Holiday Inn site at 1350 South Dixie Highway into Paseo de la Riviera, a $172 million development consisting of a 10-story hotel with 252 rooms, an eight-story residential tower with 224 apartments, 20,000 square feet of commercial space and 838 parking spaces.

Related Articles

Masoud Shojaee and 3650 Bird Road (Credit: Google Maps)

Shoma plans two-tower rental project near Coral Gables

Greystar’s Bob Faith, The Mile (Credit: BuzzBuzzHome)

Greystar sells The Mile apartments for $40M

6855 Sunrise Drive (Credit: Google Maps)

Financier drops $13M for waterfront Coral Gables estate

Liz Hogan and 21 Casuarina Concourse

The biggest piece of land in Gables Estates just hit the market for $50M

2965 West Corporate Lakes Boulevard and Black Creek Group CEO Raj Dhanda (Credit: Google Maps, Blue Vault)

TIAA sells Weston warehouse for $33M

A rendering of CocoWalk (Credit: iStock)

Sweetgreen expanding to Florida with first locations in Miami

5400 Hammock Drive and Timbaland (Credit: Getty Images)

Timbaland drops $8M on Coral Gables mansion

506 Sunset Drive and Justise Winslow (Credit: Getty Images)

Justise Winslow scores Coral Gables home