Local media outlets have reported that the commercial development is “the most mega commercial development in Coral Gables history.” Agave Ponce LLC is behind the project the Plaza Coral Gables that includes restaurants, residences, office space, shops, and even a 242-room luxury hotel.
The website of The Plaza Coral Gables claimed that it “is revitalizing this city business district section while keeping the beauty and balance of its design as a priority while bringing a full range of services and opportunities to the community, including a 4.5 Star Loews hotel with meeting space for business and social events, class “A” offices, street-level shopping and dining areas, residential lofts and apartments. The new design incorporates a 1-acre open to the public plaza facing Ponce de Leon Blvd. and the soon-to-be-improved Ponce Circle Park.”