Pioneering Miami developer The Astor Companies has topped off construction ahead of schedule at Merrick Manor, a luxury residential project rising in the heart of Coral Gables. Construction of the 10-story, 227-residence project at 301 Altara Avenue was originally scheduled to top off during the first quarter of 2018.
Astor is set to host their “Top-Off” celebration at the project site on Friday, October 27 from 11 a.m. to 4 p.m. City of Coral Gables commissioners, city officials and other invited guests will be on hand to tour the project, as well as enjoy a catered lunch and live music. Valet parking will also be provided for guests.
The overall project completion date has been moved up from January 2019 to the fourth quarter of 2018.
“We are excited to celebrate this important milestone for our project,” said Henry Torres, President, CEO, and Founder of The Astor Companies. “It is a testament to the incredible team at general contractor Jaxi Builders that we were able to reach this stage so far ahead of schedule – even with the recent interruption from Hurricane Irma. Our buyers will now be able to enjoy the unparalleled lifestyle Merrick Manor offers sooner.”
More than 55 percent of the project is under contract, with prices for remaining units starting in the $500,000’s and ranging up to $2.5 million. Remaining units range from 747 square feet to more than 3,400 square feet.
In August 2017, Astor obtained a $59 million, 24-month construction loan from Florida Community Bank.
The Mediterranean, villa-style Merrick Manor was designed by prominent architecture firm, Behar Font & Partners, P.A., with Witkin Hults Design Group providing the landscape design. Renowned South Florida-based interior design firm Interiors by Steven G. has continued a longstanding relationship with Astor by designing unit interiors at Merrick Manor.
ONE Sotheby’s International Realty is overseeing residential sales and marketing at Merrick Manor, led by Regional Vice President of Sales Ivan Ramirez and Sales Director Neybis Sanchez.
Merrick Manor also offers nearly 20,000 square feet of prime, Class A ground-floor retail and restaurant space marketed by the Astor Real Estate Group, led by Principal Broker Roza H. Radkiewicz.
The project is located just steps away from the luxurious retail destination Shops at Merrick Park. Project amenities include 24-hour valet parking, 24-hour front desk concierge service, a business center with computer-ready desks and multimedia screens for presentations and conference calls, a club lounge on the fourth floor, state-of-the-art fitness center and resort-style pool with barbecue areas and a community area with lounge seating.
Prospective buyers who want to experience the Merrick Manor lifestyle can visit the brand-new Sales Gallery located at 4200 Laguna Street. The 5,000-square-foot Sales Gallery showcases a full model one-bedroom unit with a gourmet kitchen, bathroom, living room and master bedroom designed by Interiors by Steven G.
To learn more about the residences, visit www.merrick-manor.com or contact ONE Sotheby’s at the Merrick Manor Sales Gallery at (305) 779-6870.
For commercial and retail opportunities available at Merrick Manor, contact Roza H. Radkiewicz at (305) 779-5672 or (786) 218-8322 or email roza@astorcompanies.com.
About Merrick Manor:
Merrick Manor is the premier new development in Coral Gables and is currently under construction. The 10-story, 227-residence community and its 19,000 square feet of prime ground-floor retail space is located at 301 Altara Avenue – just steps award from the fashionable Shops at Merrick Park. With a modern twist on the timeless elegance of historic Coral Gables, the “City Beautiful,” the Mediterranean villa-style residences offer a unique selection of floor plans for one to five-bedroom designer-ready residences ranging from 574 to more than 3,400 square feet. Prices for remaining units start in the $500,000s and range up to $2.5 million. For more information, visit the project Sales Gallery at 4200 Laguna Street, call (305) 779-6870 or email info@merrick-manor.com.
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About Astor Companies:
Founded by Henry Torres in 2002, The Astor Companies is a full-service real estate development firm based in Miami. Torres launched Astor with the motivation that everyone should be able to afford a luxurious new home in an appealing location. With that in mind, Astor has been a pioneering developer throughout its 15-year history, identifying emerging and untapped Miami neighborhoods like Little Havana, The Roads and South Miami – among others. Astor’s portfolio of successful projects include Brickell Vista and InTown in Little Havana, Gateway to the Grove in Coconut Grove, Nordica in The Roads neighborhood and Valencia in South Miami. For more information, visit www.astorcompanies.com.
