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“Condo Plans in the Works for Bank Branch Property in Miami by Developer Duo”

"Condo Plans in the Works for Bank Branch Property in Miami by Developer Duo"

A pair of 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 request to the Coral Gables Development Review Committee for approval to move forward with their proposed development. The project would consist of 93 units, with 85 being condos and eight designated as short-term rentals.

The luxury residences will span from the fifth floor up to the top floor of the tower, offering studio apartments up to three-bedroom layouts ranging from 501 square feet to 1,216 square feet. Amenities will include a rooftop pool and an additional activity space measuring at least 1,655 square feet. The plans also include ground-floor retail space totaling approximately7,863 square feet. Bermello Ajamil Partners has been selected as the architect for this project.

This proposal requires an amendment approval from City Council before it can move forward.

Miami Developer Duo Seeks Approval for Condo Project on Former Bank Site

Two developers in South Florida are seeking permission from authorities in Coral Gables to build a new condo complex on land currently occupied by an old Truist Bank branch located at2501Galiano Street.The duo behind this ambitious venture,Brett WeinblattandBobbyAdjmi,hope that their proposal will be approved bytheCoralGablesDevelopmentReviewCommittee so they can proceed with construction.A totalof93unitsare plannedforthe site;85willbecondoswhiletheremainingeightwillbesetasideforshort-termrentals.

The upscale residences are envisionedto occupy floors five through thirteenoftheproposedtower,andtheywillofferstudiosaswellasthree-bedroomapartments,ranginginsizefrom501to1216squarefeet.In addition to the luxurious living spaces, the development will feature a rooftop pool and 1,655 square feet of additional activity space. The ground floor will also be home to approximately7,863squarefeetofretail space.The project’s architect is Bermello Ajamil Partners.

Before construction can begin on this exciting new venture,the developerswill need approval fromtheCityCouncilforacomprehensiveplanamendment.This step in the process is expectedto take place at a later date.

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