Old Spanish Village

Old Spanish Village

After assembling 20 parcels (homes and office buildings), builder Ralph Sanchez is rolling out another mixed use project. The new 400 upscale condos and townhouses are to be ready in 2008 and 2009.
A seven acre complex of homes, offices and shops in Ponce Circle area. What’s unique about this project is that the 42 three story townhomes will come with elevators, roof top terraces and two car garages. What’s even better are the sizes of these units. They are going to be between 3,500 - 4,500 sqft., with prices starting at $1.9 million.
There are’nt any units in this market bigger than 3000 sqft. Great for people downsizing from large properties.
One Ponce Circle- will be a 16-story building with 59 condosof 2,500 - 8,5000 sqft., with private elevators that open directly into apartments. Prices will begin at more than $1 million.
Casa Palermo - 6 story- 96 residences of 800-1,500sqft., 1 & 2 bedroom units.
3001 Ponce De Leon Blvd - 9 stories of 172 (1,2 and 3 bedroom)condominiums.
Units are selling for $550-$650 a sqft. Prices range from $400,000 to $6 million.
The project is to resemble one of the “thematic villages” (Italian Village, Chinese Village and Dutch South African Village), Merrick (The founding father of Coral Gables) planned for the city before the 1920’s real estate boom turned bust and subequently prevented him from further development. The developers unbuilt thematic villages included a Spanish Town and a Spanish Bazaar Village.
Sanchez hired Miami historian Arva Parks and plans were devised for Old Spanish Village in the spirit of Merrick’s never built Spanish-themed villages. Parks said the project is part of completing what Merrick called his “unfinished symphony.”
Sales start this month. 2801 Ponce De Leon Blvd will be demolilshed in March and construction is to start in June.
Here’s more on The Old Spanish Village .
For more info about this wonderful project feel free to call or email me at 786-287-9272 or Richard@RichardRecuset.com