Coral Gables to negotiate with Related Group, Allen Morris for $250M development
The Coral Gables City Commission voted on Jan. 24 to negotiate with the team of M2E Client, the Related Group and Allen Morris Co. for a $250 million redevelopment of a city-owned parking garage downtown.
The Related Group and Allen Morris was selected for negotiations over a competing proposal from Terranova Corp. and ZOM Living. The developers issued a request for proposals to redevelop its 2.06-acre site at 245 and 345 Andalusia Ave.
Designed by Zyscovich Architects with Dix Hite + Partners as the landscape architect, the Coral Gables City Center project could total up to 569,094 square feet. The developer gave the city the option of redeveloping either one or both garages.
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