PLAZA SAN REMO
Coral Gables, Florida
SQUARE FOOTAGE: Total 180,000 SF; Medical 117,000 SF
Plaza San Remo is a medical/professional/retail office condominium in Coral Gables, Florida.
The primary challenge for the KWH team was the directive to presell this ground up project while actively participating as part of the development team.
Because of the company’s extensive network of physicians, dentists and other healthcare providers, KWH presold 60% of the office condominiums within the first 60 days prior to construction. Additionally, KWH assisted with the development of the condo documents and arranged financing for many of the purchasers.
Also significant is the fact that every purchaser closed on the units, which range in size from 1,500 to 7,500 square feet.
The 7-story Plaza San Remo features classic architecture and a retail component that is anchored by Whole Foods. The diverse and high profile ownership base, the result of the KWH team’s deliberate sales strategy, has led to a successful project that is now recognized as a landmark in the South Miami/Coral Gables area.