The Plaza Coral Gables
By Joseph Ghanime
November 10, 2022
The Plaza Coral Gables is a 2.1-million-square-foot mixed-use development spanning three city blocks at 2901 Ponce de Leon Boulevard in the heart of Coral Gables. Developed by Agave Holdings and designed by CallisonRTKL in a Mediterranean architectural style, the project pairs two Class A office towers — roughly 455,000 square feet — with 135 rental residences, the 242-room Loews Coral Gables hotel, and about 161,000 square feet of street-level retail and dining. Completed in late 2022 and leased by Blanca Commercial Real Estate, The Plaza Coral Gables sits nearly 90 percent leased across its office component.
The seven-acre site also delivers a one-acre public plaza facing Ponce de Leon Boulevard, two city trolley stops connecting to the Metrorail, and an 8-story parking podium with around 2,200 spaces. The North Tower — a 14-story, 291,129-square-foot Class A building — anchors the office offering, with the South Tower completing the pair. The development is geared to LEED-ND certification and sits on the former “Old Spanish Village” site, fulfilling city founder George Merrick’s long-ago vision of themed village development in the Gables.
The Plaza Coral Gables Frequently Asked Questions
Which companies have leased office space here?
Six tenants signed at The Plaza Coral Gables in one wave reported in late 2023: Hinshaw & Culbertson (more than 21,000 square feet), Eisner Advisory Group, Trax USA, Diageo North America, W.E. Family Offices, and Marriott International — all in the North Tower, which reached 83 percent leased on those deals.
How large are the two office towers?
Together the towers hold approximately 455,008 square feet of office space. The North Tower is a 14-story, 291,129-square-foot Class A building; the South Tower completes the pair. The office component sits within a 2.1-million-square-foot development across seven acres.
What parking is available for tenants and visitors?
The Plaza Coral Gables parking podium provides around 2,200 spaces serving residents, office tenants, hotel guests, and retail visitors — one of the largest structured parking provisions in the Coral Gables business district.
How do employees commute here without a car?
Two city trolley stops within the development connect to the Metrorail and the broader Coral Gables business district. The Ponce de Leon Boulevard frontage and the public plaza make the project one of the most transit-accessible office addresses in the Gables.
What retail and dining serve the workday?
The Plaza Coral Gables wraps approximately 161,000–165,000 square feet of street-level retail, dining, and entertainment around the project, anchored by the 242-room Loews Coral Gables hotel’s restaurants and ballroom facilities. Nearby staples include Threefold Cafe, Pasion del Cielo Coffee, and CVI.CHE 105.
Who developed the project, and what came before it on this site?
Agave Holdings (Agave Ponce LLC), representing the interests of Grupo JB — the family of Juan Beckmann, majority owner of José Cuervo — developed the project after acquiring the stalled “Old Spanish Village” site from developer Ralph Sanchez. Construction broke ground in 2017–2018 with Coastal-Tishman as general contractor.
Key Facts: The Plaza Coral Gables
- Address: 2901 Ponce de Leon Boulevard (2801/2901/3001), Coral Gables, FL
- Submarket: Coral Gables business district
- Developer: Agave Holdings / Agave Ponce LLC (Grupo JB / Beckmann family)
- Architect: CallisonRTKL (Mediterranean style; LEED-ND targeted)
- Scale: ~2.1M sq ft total; two Class A office towers (~455,000 sq ft); 135 rentals; 242-room Loews hotel; ~161,000 sq ft retail
- Completed: Late 2022
- Parking: ~2,200 spaces in an 8-story podium
- Leasing: ~90% leased; Blanca Commercial Real Estate (office)
Two Class A Towers in the Gables’ Business District
The Plaza Coral Gables’ office story is a suburban-downtown story: law firms, advisory groups, and family offices that want a prestige address without the Brickell commute. Hinshaw & Culbertson’s 21,000-square-foot commitment set the tone, and the tenant mix — Diageo North America, W.E. Family Offices, Marriott International — reads like a Gables power-lunch roster. Compared with 830 Brickell‘s finance-tower energy or 2340 Collins Avenue‘s Beach headquarters vibe, this is the established-professional alternative. Browse the full Class A office space inventory, or see the district’s residential side at Cora Residences Merrick Park.
From Old Spanish Village to a New Downtown Core
The site’s history is pure Coral Gables: developer Ralph Sanchez’s “Old Spanish Village” stalled in the recession before Agave Holdings acquired and reimagined it as the city’s largest mixed-use development. The result — hotel, offices, rentals, retail, and a genuine public plaza — means The Plaza Coral Gables effectively built the Gables a new downtown core on Ponce de Leon. The Coral Gables neighborhood guide and nearby Ponce Park Residences put the project in its local context; for a Design District counterpoint, see The Ursa.
Nearby coffee and dining:
Threefold Cafe
Pasion del Cielo Coffee
CVI.CHE 105
Explore our comprehensive list of New and Pre-Construction, A Class Office Space, and Most Expensive Neighborhoods.
Also Check Out These Useful Links:
Miami Dade County Appraiser Property Search
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WPB County Property Appraiser Property Search
