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Secure $67.5M Loan for MG Developer to Construct The Village at Coral Gables

Secure $67.5M Loan for MG Developer to Construct The Village at Coral Gables

MG Developer has secured a $67.5 million construction loan from Churchill Real Estate to build the highly anticipated Village at Coral Gables development, with groundbreaking expected in July. Located at 535 Santander Avenue in Coral Gables, this 48-residence collection of townhome, loft, villa and flat options pays homage to the aesthetic beauty and lifestyle of Seville Spain while honoring the city’s past and building for modern-day luxurious comforts.

The Village at Coral Gables will be set throughout 17 lots bordered by Malaga Avenue, Santander Avenue Segovia Street and Hernando Street with Mediterranean Revival-Style Architecture designed by De La Guardia Victoria Architects & Urbanists integrating gardens courtyards and fountains. This new enclave is sure to provide discerning buyers an opportunity for luxury living that honors both George Merrick’s “City Beautiful” vision as well as modern day comforts.

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