Condo details
Paseo de la Rivera is an innovative mixed-use and pedestrian-friendly project that will include a hotel, residences, retail, restaurants, public art displays and parking. The site at the corner of U.S. 1 and Caballero encompasses 2.66 acres (115,870 square feet) and is currently occupied by Holiday Inn. To design Paseo de la Riviera, developer NP International joined forces with two renowned architectural teams: Coral Gables architect and preservationist Jorge L. Hernandez and the leading international firm Gensler.
Featuring Coral Gables’ distinct Mediterranean architecture and an open-air walk way, or “Paseo” in Spanish, the project is designed to complement the surrounding area and enhance connectivity and walkability.
The 325-foot long, 72-foot wide signature paseo offers 22,397 square feet of open space. The area is nearly the size of Merrick Park in front of the Coral Gables City Hall (24,000 square feet), three times the size of the Fewell Loggia and Plaza of the Coral Gables Museum (7,381 SQ. FT), and 70-percent of the size of “restaurant row” on Giralda in Downtown Coral Gables.
The current 155-room Holiday Inn will be replaced with two buildings, including a 10-story, 252-key hotel and an eight-story residential building, above five stories of parking, with 224 residences. Construction is expected to begin in September 2015.
Ideally located with easy access to public transportation hubs such as the University Metrorail station and poised to capture the connectivity promised by a new pedestrian overpass and planned Underline, Paseo offers a unique opportunity for young professionals seeking to shed their cars for a more pedestrian-oriented way of living within the Coral Gables community. Additionally with its close proximity to the heart of the University of Miami campus, Paseo will drive residency from UM professionals while the hotel will provide a convenient short-term stay option for visiting families, professors and other professionals.
PASEO DE LA RIVIERA CONDO AMENITIES
- Coral Gables distinct Mediterranean architecture
- 18,892 square feet of arcades and loggia
- 47,759 square feet of open space, including sidewalks, colonnades, the Paseo, breezeways and Portico (private drive-in and drop off)
- 252-key hotel
- Up to 20,000 square feet of commercial space
- Local artwork displays
- Valet service
- Onsite security available 24 hours a day, seven days a week
- 838 parking spaces
- Smoke-free environment
- Pool terrace on fifth floor
- 24/7 video surveillance
- Complimentary Wi-Fi in all common areas
PASEO DE LA RIVIERA RESIDENTIAL AMENITIES
- Residences featuring Italian furnishings and stainless steel appliances.
- Five floor plans including studios and one- to three-bedroom residences
- Restricted and Fob-secured access to garage, building and elevators
HOTEL
- 252-suite hotel
- Smoke-free environment (excluding balconies)
- 24/7 video surveillance
- Complimentary Wi-Fi in all common areas
- Valet parking
- Concierge service
- Pool terrace on third floor
Nearby Amenities
Coral Gables is known as a pedestrian-friendly destination.
It is served by Metrobus throughout the area, and by the Miami Metrorail also provides a free trolley service
Located four miles from Miami International Airport
Has around 140 dining establishments and gourmet shops
Many notable international retailers
The landmarks in Coral Gables are the Venetian Pool, Douglas Entrance, The Biltmore Hotel,
Ponce de Leon Boulevard
Miracle Miles central business district, home of many shops, restaurants and art institution
Coral Gables is the location of the University of Miami
Village of Merrick Park is an upscale lifestyle mall.
Please see below the prices for the available units for sale at Paseo de la Rivera, available units for rent at Paseo de la Rivera, unit prices, floor plans, sold units at Paseo de la Rivera to give you a true idea of how much the luxury apartments at Paseo de la Rivera are worth.
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