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Miami Developers Targeting Bank Branch Property for Condos

Miami Developers Targeting Bank Branch Property for Condos

Developers in South Florida have set their sights on a former Truist Bank located at 2501 Galiano Street in Coral Gables. Their plan is to demolish the bank and construct a 13-story condominium project. Brett Weinblatt and Bobby Adjmi have submitted a petition to the Coral Gables Development Review Committee, seeking approval for this change so they can move forward with their project.

The proposed development will consist of 93 units, with 85 being condos and eight designated as short-term rentals. The luxurious residences will span from the fifth floor to the top floor of the tower, offering studio to three-bedroom layouts ranging from 501 square feet to 1,216 square feet. Residents will also have access to amenities such as a rooftop swimming pool and over 1,600 square feet of activity space.

In addition to residential units, there are plans for ground-floor retail spanning over nearly8 ,000 square feet. The architect behind this project is Bermello Ajamil Partners.

Approval from City Council would be required at a later date for any changes made under this comprehensive plan amendment proposal.

Miami developers are aiming towards transforming an old Truist Bank located at Coral Gables’ address -2501 Galiano Street- into an upscale condo complex that spans thirteen stories high. In order for Brett Weinblatt and Bobby Adjmi’s vision come true they need permission by submitting requests through petitions before proceeding further with their plans which include constructing eighty-five condos along with eight short term rental apartments totaling ninety-three homes altogether.

These lavish living spaces start on level five all way up until topmost story; featuring studios or three bedroom options that vary between five hundred one sq ft up till twelve hundred sixteen sq ft each unit respectively while providing residents exclusive facilities like rooftop pool & more than fifteen-hundred sixty-five additional sq footage dedicated solely towards recreational activities within premises itself! Besides these private quarters there shall also be retail space on ground level measuring almost eight thousand sq ft. The architecture firm responsible for this project is Bermello Ajamil Partners.

However, any changes made under this comprehensive plan amendment proposal would require approval from City Council at a later date before proceeding further.

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