Empira plans 161-unit luxury multifamily project in Coral Gables, pays $18M for dev site
Empira Group bought a development site in Coral Gables for $18 million, with plans for a 161-unit luxury multifamily project. The deal marks the Swiss firm’s continued investment and growing pipeline of projects in Miami-Dade County since making its market debut three years ago. Empira wants to build The Aurelian, a 12-story building with 5,000 square feet of public space and a park, on the 1.2-acre site at 912-921 East Ponce de Leon Boulevard, according to the firm’s news release. Designed by Behar Font, the project will include a 248-space garage, a gym with a yoga studio, pool, outdoor lounge […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Homeowners have record equity and won’t touch it. Loan data explains why
Florida Remains the Riskiest Market for Future Home Price Declines
Virginia Legalizes Manufactured Housing as Gov. Spanberger Pushes Housing Affordability
Seniors in These States Will See the Deepest Cuts to Their Social Security in 2032
Flow affiliate sells unfinished Miami Worldcenter office, retail building for $27M
Who can buy a top-20 builder now? Berkshire resets board calculus
NBA Player Nicolas Batum Shoots His North Carolina Mansion Onto the Market for $6 Million—Complete With Custom ‘Shoe Room’
Social Security, Medicare solvency could be examined by bipartisan commission
J. Alexander’s Hosts Far Niente Wine Dinner
Emotional Moment HGTV Star Erin Napier Breaks Down in Tears After Watching Her 2-Year Hotel Renovation Go Up in Flames
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131