26TwentySix Ponce, a 5,400-squarefoot building at 2626 Ponce de Leon Blvd. in Coral Gables, has begun its makeover.
Developer AJP Ventures, in partnership with Juan Carlos Mas of Mas Group, purchased the property in late 2011 with the intent to reposition the single-use structure into a multi-tenant building. Anthony’s Coal Fired Pizza will be the anchor tenant; it will be Anthony’s 34th location in the U.S. Two other commercial spaces — occupying 3,000 square feet — are available for lease.
26TwentySix Ponce was built originally in 1948 and is being redesigned by Bellin+Pratt. SouthPointe Construction Inc. is handling the renovations.
Among the enhancements are a modern storefront facade, floor-to-ceiling glass, as well as retractable windows on one side. Work will take approximately three months — half the time it would normally take a developer — with occupancy expected in May.
“We are repositioning the asset so that it has a more flexible use, especially in this prime location, right on the corner of Ponce and Almeria, within the CBD,” noted Alberto J. Pérez, principal of AJP Ventures.
“The presence of over 120 multinationals within walking distance, coupled with an established single-family home community immediately surrounding almost guarantee daytime and evening traffic, making it ideal for retail or a restaurant.”
For leasing information contact Connie Hull at FIRC Group Inc. at 305-860-2300.
