Seven-acre, mixed-use development in Coral Gables advances to construction phase

The development group behind The Plaza Coral Gables is linked to the family behind the Jose Cuervo spirits business

Miami /
Sep.September 23, 2018 02:00 PM

Rendering of The Plaza Coral Gables

The developers held a ceremonial groundbreaking ceremony for The Plaza Coral Gables, a seven-acre mixed-use development on Ponce de Leon Boulevard.

Agave Ponce, LLC is the company behind the 2.25 million-square-foot development with offices, retail stores, restaurants and residences, plus a 242-key hotel and 2,050 parking spaces. CallisonRTKL created the architectural design of the development, a LEED-ND certified project.

Agave Ponce is a subsidiary of Agave Holdings, LLC, a privately owned commercial real estate firm the operates in the United States and Mexico. The Agave group includes members of the family behind the Jose Cuervo spirits business.

The ceremonial groundbreaking ceremony Thursday followed the start of construction work at the site of The Plaza Coral Gables by general contractor Coastal-Tishman Construction, which is building office and retail space and a residential tower on the site’s north parcel.

Participants in the ceremonial event included Coral Gables Mayor Raul Valdes-Fauli, three city commissioners and the interim city manager.

Blanca Commercial Real Estate is handling leases of office space at The Plaza Coral Gables, and Koniver Stern Group is handling retail leases. – Mike Seemuth


Related Articles

arrow_forward_ios
Terranova’s Stephen Bittel with 93 Miracle Mile
Terranova plans retail-and-office project on Coral Gables’ Miracle Mile
Terranova plans retail-and-office project on Coral Gables’ Miracle Mile
Ytech's Yamal Yidios with 1500 Brickell Avenue
Ytech buys historic Brickell château, plans restoration
Ytech buys historic Brickell château, plans restoration
50 and 60 Northeast Third Street and 222 and 234 Northeast First Avenue (Google Maps)
Namdar pays $41M for downtown Miami apartment towers dev site
Namdar pays $41M for downtown Miami apartment towers dev site
From left: Sotheby’s Daniel de la Vega and Reagan Jefferies with Brevard County
One Sotheby’s picks up Brevard County brokerage
One Sotheby’s picks up Brevard County brokerage
10181 US Highway 98 West and 39 Sandy Dunes Circle (LoopNet)
Florida Panhandle estate sold for $25M
Florida Panhandle estate sold for $25M
Netscape co-founder Jim Clark and 2000 South Ocean Boulevard in Manalapan (Getty, Sotheby's)
Manalapan compound poised to sell for Florida-record $175M
Manalapan compound poised to sell for Florida-record $175M
Hollywood Locations' Christopher Ursitti and 1400 Northwest 31st Avenue (Hollywood Locations, Google Maps)
Movie studio complex may rise on former incinerator site in Fort Lauderdale
Movie studio complex may rise on former incinerator site in Fort Lauderdale
Hassan Whiteside and 528 Lakeview Court in Miami Beach (Getty, Joe Azar/Compass)
NBA’s Hassan Whiteside lists Miami home for $23M, triple what he paid for it
NBA’s Hassan Whiteside lists Miami home for $23M, triple what he paid for it
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...