The initial component, a residential building named Aurea, will be reviewed by Miami’s Urban Development Review Board on May 21.
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Related Group and The Allen Morris Company are proposing a $250 million project to replace city-owned parking garages at 245 and 345 Andalusia Avenue in Coral Gables.
The project, called Coral Gables City Center, would have two 16-story towers and could be built in phases.
TOWER 1:
- 140,000 square feet of office space
- 11,871 square feet of ground-floor retail
- 770 parking spaces
TOWER 2:
- 270 residential units (either rental or condo)
- 16,878 square feet of ground-floor retail
- 799 parking spaces
Zyscovich is the architect. Related and Allen Morris are competing against another bid from ZOM and Terranova. Both were the finalists selected out of five bidders for the property, and the city commission will vote later this month.
Source: The Next Miami