Allen Morris Co. has officially broken ground on Ponce Park, an 11-story luxury mixed-use development in Coral Gables. With Kast Construction serving as the general contractor, the project is moving steadily toward its targeted completion in early 2028. This new landmark will bring a sophisticated blend of residential and retail space to the heart of the city.

Sales for the project, formally launched in January 2025, have already achieved a 40% pre-sold milestone. Ponce Park features 58 exclusive condos, with floor plans ranging from two to five bedrooms, including expansive penthouses. Residences span from 1,900 to over 6,500 square feet, offering high ceilings and summer kitchens. Pricing for these boutique homes starts at $3.1 million.

Designed by Zyscovich Architects with interiors by Meyer Davis Studio, the building emphasizes a refined lifestyle. Residents will enjoy a curated amenity package featuring a rooftop swimming pool, a fitness studio, and a sky bar. Additionally, the development will feature 25,000 square feet of ground-floor retail space, further enhancing the vibrant pedestrian experience in Coral Gables.