PUERTA DE PALMAS CONDOMINIUM ANNOUNCED FOR MOST HISTORIC CORNER OF CORAL GABLES 17-Story Tower to Rise as One of the City’s Tallest Residential Buildings Coral Gables, Fla. December 1, 2003 ---- The Puerta de Palmas condominium was announced today for the site adjacent to one of the original entrances to the city of Coral Gables. Overlooking the historic Puerta del Sol archway and meeting hall at 800 Douglas Road, Puerta de Palmas will soon rise 17 stories and take its place among the tallest residential buildings in the city. The 1.6-acre property located at the northwest corner of Douglas Road and Calabria Avenue will offer 198 one-, two- and three-bedroom condominiums, street-level lofts and townhomes ranging from 776 to 1,470 square-feet and priced from the $200,000s to the $500,000s. Along with the height of Puerta de Palmas that will provide for unobstructed views, the developer believes that the property’s array of resort-style amenities will also set it apart from the other new condominiums in the fast-growing corner of Coral Gables north of Miracle Mile. “When buyers take the time to comparison shop, we’re confident that they will conclude that Puerta de Palmas is the most enticing new residential offering in The City Beautiful,” said Paul Rosen and Scott Auker, the principals of Rosen-Auker Developments LLC, the developer. “It will be the area’s only property with the type of views and amenities that are typically only found in the new luxury mega towers. Plus, no other property overlooks the landmark grand archway that formerly served as an entrance to Coral Gables, South Florida’s most beautiful and desirable city.” Rosen and Auker believe that none of the other new condominium properties in Coral Gables can match Puerta de Palmas’ array of resort-style amenities. Residents will come home to a Mediterranean-style entrance, complete with valet parking and an ornate entry courtyard framing a fountain. The elegant two-story lobby includes a 24-hour concierge with full security control, a resident lounge and a business center with conference room. On the eighth floor, a fully equipped health and fitness club overlooks a lushly landscaped pool, spa and sundeck. There is also a private club room with billiards, bar and media center that opens onto an outdoor entertainment plaza and putting green. Just beyond this area is a promenade and meditation garden with a cascading fountain, lush landscaping and panoramic northern views. The residences themselves will also epitomize Coral Gables living. Italian cabinetry, designer fixtures, stainless steel appliances, granite and marble countertops, whirlpool tubs, and designer tile and carpeting throughout are all standard. Plus, owners get to customize their residences to fit their individual tastes by choosing from a variety of standard finishes, as well as a selection of available optional upgrades. The split-bedroom design of the two- and three-bedroom residences features private master and guest wings with lavish baths and roomy walk-in closets. In addition, all of the residences will include wide terraces overlooking picture-perfect views of the Coral Gables and Miami skylines. Puerta de Palmas’ location near some of the most distinctive restaurants, shops, playhouses, taverns and cafés that South Florida has to offer is also expected to be a strong selling point. The ornate new Gables Trolley will connect the building to all of the area’s landmark destinations, including the historic Venetian Pool and Biltmore Hotel, the shops of Miracle Mile and The Village of Merrick Park, and South Florida’s most popular golf courses and parks. Because of the proximity of thousands of thriving offices and businesses, including many that are located in the adjacent Douglas Entrance offices, many residents will also be able to enjoy the convenience of leisurely walks to and from work. “Judging by the number of calls that we have already received and how strong the demand is for premium condominium projects in this area, we expect to receive a great deal of interest in Puerta de Palmas,” concluded Rosen and Auker. Puerta de Palmas is being developed by Rosen-Auker Developments, whose principals have developed numerous highly successful residential and commercial properties in South Florida, Washington DC, Chicago and Canada. Sales are being handled by Avatar Real Estate Services, which is creating a VIP list of buyers who are interested in locking in special pre-construction prices. The sales center will be located at 300 Aragon Avenue, just one block north of Miracle Mile, and will feature a full-size model kitchen and master bath, a detailed scale model of the property, and a computer-generated video presentation that will provide prospects with a virtual tour. The property will break ground in the spring of 2004 with completion set for spring 2006. Additional information on Puerta de Palmas and the limited-time pre-construction prices is available by calling (305) 443-8700 or visiting www.puertadepalmas.com. |
