Biltmore Parc luxury condominium residences are coming to Coral Gables.
Elected officials, members of the development team, and well-wishers were on hand recently to witness the groundbreaking ceremony for the project. Proximate to the Biltmore Hotel, Biltmore Parc is the first project in six years to be located within walking distance of Miracle Mile.
As traffic woes increase in Miami-Dade County, residential properties located near the workplace and amenities such as restaurants, shops and public transit become more attractive. In Coral Gables an estimated 540,000 vehicles travel through the city’s 189 entrances.
“This is hitting a market, capturing a niche for Millennials, families with young children who want to be in the heart of the city and empty nesters who are looking to move from a large home to a luxury condo,” Coral Gables Mayor Jim Cason said of the development.
Venezuelan entrepreneur Alirio Torrealba, interior designer Vincenzo Avanzato, the architectural firm of Bellin & Pratt, together with developers MG Developer Miami LLC and United Real Estate Group have created a project synonymous with the elegance that is the hallmark of The City Beautiful.
The five-story building, located at 718 Valencia Ave. will have 32 units ranging in price from $950,000 to $1.65 million. Two and three-bedroom units are available, at 1,700 to 2,500 square feet in size.
Each residence has a den with an expansive private terrace with NanaWalls (glass walls that fold inward). Private elevator access to the foyer is available to every unit. Two elegantly appointed multipurpose lounge areas capable for use as business center, meeting venue, game room or reading lounge also are available.
Interiors include European-style kitchens, oversized spa-inspired bathrooms with separate showers and bathtubs, spacious walk-in closets, and walk-in laundry rooms.
Residents can take advantage of amenities such as the 24/7 personalized concierge assistance for things such as dining and event reservations to in-residence services. Other luxury touches such as 24-hour security, spa, fitness center, valet service, and WiFi in the common areas are part of the Biltmore Parc lifestyle. Also offered is a one-year membership to The Club at the Biltmore, which makes available fitness, social activities, special privileges at its legendary resort, discount on hotel amenities, and monthly special events.
“This is a great project for Mr. Merrick’s city now celebrating its 90th anniversary. The size, scale and location are ideal,” Mayor Cason added.
The project, which is scheduled for completion in February 2017, sold 15 units as of the groundbreaking. The sales gallery is located at the Coldwell Banker Residential Real Estate office, 4000 Ponce de Leon Blvd., Suite 700, Coral Gables. The construction company is TA Builders.
“This is going to be a beautiful building,” Commissioner Jeannett Slesnick said. “Congratulations to everyone involved in Biltmore Parc.”
For more information, contact Coldwell Banker at 305-341-8500 or visit online at Biltmoreparc.com.