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Atlas Invest closes $1.19 million bridge loan for occupied Florida multifamily property

September 10, 2026

Longpoint expands Miami footprint with $195 million, 10-building industrial acquisition

September 10, 2026

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September 10, 2026
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    Atlas Invest closes $1.19 million bridge loan for occupied Florida multifamily property

    September 10, 2026

    Longpoint expands Miami footprint with $195 million, 10-building industrial acquisition

    September 10, 2026

    Florida Realtors Put $10 Million Behind Amendment 3 as Property-Tax Fight Intensifies

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    Atlas Invest closes $1.19 million bridge loan for occupied Florida multifamily property

    September 10, 2026

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    September 10, 2026

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Miami Dade Florida

Groundbreaking Ceremony Marks the Dawn of Cora Merrick Park, Coral Gables’ Premier Wellness Residences

April 28, 2026
Groundbreaking ceremony for Cora Merrick Park wellness residences.
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Constellation Group and The Boschetti Group have officially broken ground on Cora Merrick Park, a new luxury condominium development in Coral Gables, Florida. This project is set to be the first residential community in the area to prioritize wellness, offering residents a unique blend of high-end living and health-focused amenities.

Key Takeaways

  • Cora Merrick Park is Coral Gables’ first wellness-focused luxury condominium.
  • The development aims to integrate wellness into daily living with advanced features and programming.
  • Located in the prestigious Merrick Park neighborhood, it offers unparalleled walkability and access to amenities.

A New Era of Wellness Living

Cora Merrick Park, situated at 4241 Aurora Street, will feature 74 thoughtfully designed residences. The project is distinguished by its commitment to health and well-being, seeking certification from the International WELL Building Institute (IWBI). This initiative underscores a dedication to creating healthier living environments.

Prime Location and Accessibility

The development boasts an enviable location directly across from The Shops at Merrick Park, a renowned destination for shopping and dining. Residents will also benefit from close proximity to downtown Coral Gables, the Metrorail, and major hubs like Coconut Grove, the University of Miami, and Downtown Miami/Brickell. Its adjacency to 4225 Ponce, a Class A office property also developed by Constellation Group and The Boschetti Group, further enhances its appeal.

Unrivaled Amenities and Design

Spearheaded by acclaimed architecture firm Arquitectonica and with interiors by Urban Robot, Cora Merrick Park is designed to offer a sophisticated and healthy lifestyle. Spanish wellness firm Lamarca Well is curating the wellness programming, focusing on biohacking and longevity. Amenities include:

  • Advanced air and water purification systems
  • Noise-reducing acoustic design
  • Fitness center with a dedicated recovery zone
  • Spa facilities with infrared sauna, steam room, and hydrotherapy pools
  • Resort-style rooftop pool deck
  • Yoga and meditation area
  • Lobby tearoom
  • The first rooftop padel court in Coral Gables

The residences themselves will feature 10-foot ceilings, Italkraft kitchens, Sub-Zero/Wolf appliances, and designer finishes. The architectural style is a modern interpretation of Spanish Mediterranean aesthetics, incorporating local materials and artistic elements, including a sculpture by Jaume Plensa.

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Investment and Market Appeal

Eduardo Otaola, Managing Principal at Constellation Group, highlighted Cora Merrick Park as a response to pent-up demand for new luxury products and a compelling alternative to single-family homes. Jay Phillip Parker, CEO of Brokerage, Florida Region, and President of Douglas Elliman Development Marketing, Florida, noted the project’s appeal to high-net-worth individuals seeking a Miami home that matches international standards of luxury and quality.

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Atlas Invest closes $1.19 million bridge loan for occupied Florida multifamily property

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