Development of $300 Million Coral Gables City Center P3 Project
Representation of Coral Gables City Center, a joint venture between The Allen Morris Company and The Related Group, in response to a Request for Proposal by the City of Coral Gables for a mixed-use public-private partnership project to redevelop two public municipal garage sites with private development. Guided client through the multiple stage process, resulting in recommendation by the Coral Gables Evaluation Committee and approval of the project by the Coral Gables City Commission. The end product will include two buildings, a state-of-the-art municipal garage totaling 750 parking spaces and a 245-unit residential tower. Both buildings include significant ground floor retail. Total project costs are anticipated to be in the $300 million range.