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Florida Condo Repair Bill Soars to $36 Million, With Assessments Up to $320,000

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    Florida Condo Repair Bill Soars to $36 Million, With Assessments Up to $320,000

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Luxury Real Estate

Allen Morris Company Unveils Ponce Park: A New Era of Luxury Living in Coral Gables

January 6, 2026
Luxury condominium building in Coral Gables with palm trees.
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The Allen Morris Company recently hosted an exclusive preview event for its highly anticipated luxury development, Ponce Park, in Coral Gables. The intimate cocktail reception brought together top real estate brokers to experience the project’s vision for elevated boutique living, blending timeless elegance with modern comfort.

Key Takeaways

  • Ponce Park aims to set a new standard for luxury in Coral Gables.
  • The development honors the city’s Mediterranean heritage while offering modern amenities.
  • Sales are exclusively handled by ONE Sotheby’s International Realty, with prices starting at $3.1 million.

An Evening of Luxury and Vision

The fall season kicked off with a sophisticated gathering at the Ponce Park Sales Gallery. Attendees enjoyed crafted cocktails, gourmet hors d’oeuvres, live music, and a live illustrator, all while getting an exclusive first look at the development. The event underscored Ponce Park’s commitment to seamlessly integrating refined living with the vibrant lifestyle characteristic of Coral Gables.

Honoring Heritage, Embracing Modernity

W.A. Spencer Morris, President of The Allen Morris Company, expressed pride in creating a project that respects Coral Gables’ Mediterranean roots and walkability. "We are proud to create a project like Ponce Park that not only honors the city’s heritage but introduces an elevated vision of luxury living," he stated.

Architectural Excellence and Bespoke Residences

Designed by John Cunningham of Zyscovich Architects, with interiors by Meyer Davis, Ponce Park will feature 58 bespoke two- to five-bedroom homes. These residences, ranging from 1,900 to over 6,500 square feet, are housed in an 11-story tower. Each home boasts 11- to 12-foot ceilings, private elevators, expansive terraces with summer kitchens, and interiors that artfully combine modern refinement with classic European-inspired details.

Prime Location and Unparalleled Amenities

Situated at 3000 Ponce de Leon Blvd., at the intersection of Ponce de Leon Blvd. and University Drive, Ponce Park offers residents access to a comprehensive suite of amenities. These include a rooftop pool, sky bar, artisanal cafe, spa, a serene meditation courtyard, a fitness studio, and a private rooftop lounge with panoramic views of Southeast Gables. The ground level will feature 25,000 square feet of curated retail space, including a world-class restaurant, directly connecting to Miracle Mile and The Plaza Coral Gables.

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Broker Community Excitement

Daniel de la Vega, President of ONE Sotheby’s International Realty, highlighted the project’s strong reception. "Ponce Park is already capturing the attention of the brokerage community, and tonight’s event reflects the excitement building around this transformative project," he commented. "With its timeless design, unparalleled amenities and coveted location, Ponce Park offers a rare opportunity for buyers seeking the pinnacle of luxury living in Coral Gables."

An Immersive Lifestyle Destination

Complementing enhancements to the adjacent Ponce Circle Park, Ponce Park is envisioned as an immersive lifestyle destination. It aims to blend heritage, modern living, and timeless elegance in the heart of Coral Gables. Sales are exclusively managed by ONE Sotheby’s International Realty, with prices commencing at $3.1 million.

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