An older office building in Coral Gables could be replaced with a $35 million medical office complex.
The city’s Development Review Committee will consider the small-scale land-use amendment for the 2.05-acre site at 760 Ponce de Leon Blvd., plus 112 and 120 Avila Court, on Sept. 22. The property owner, Miami-based B & B Investments, has agreed to sell the site to 760 Ponce De Leon Blvd LLC, led by Pedro Camejo and Joel Campo of Cam Group in Miami.
The property currently has a 17,245-square-foot office building that was constructed in 1954 and has several medical tenants. That building would be demolished.
The new building would feature 89,370 square feet of medical offices, 17,260 square feet of ground-floor commercial space and 502 parking spaces in five stories. The parking would be on the lower two levels and include 26 spaces with electric vehicle chargers. The medical office space would be on the top three floors, and there would be open-air terraces on floors four and five.
Source: SFBJ