Coral Gables Bittel hotel

Coral Gables takes a step forward with developer’s hotel plans on the Mile

MIAMI HERALD — NOVEMBER 4,  2019 — BY REBECCA SAN JUAN The developer behind a proposed hotel on Miracle Mile took another stride forward with its plans.

The City of Coral Gables commission approved the Transfer of Development Rights (TDRs) in early October, which allows the real estate developer and commercial property team Terranova to apply its floor area ration (FAR) of 7,509 square feet at 348 Miracle Mile to the proposed hotel at 220 Miracle Mile. FAR is the ratio of a building’s total gross area to the size of the piece of land on which it was built.

Mayor Raúl Valdés-Fauli, commissioners Michael Mena and Patricia Keon approved the TDR. But Vice Mayor Vince Lago and commissioner Jorge Fors voted against it.

CLICK HERE FOR THE FULL ARTICLE



Coral Gables Bittel hotel

Gables considers 7-story hotel on mile designed by Arquitectonica.

MIAMI HERALD — SEPTEMBER 13,  2019 — BY REBECCA SAN JUAN Coral Gables has moved a step closer to having a seven-story hotel on Miracle Mile.

The Coral Gables Planning and Zoning Department recommended that Gables Miracle Mile, LLC, registered under Terranova Corp., build at 220 Miracle Mile. The parcel comprises eight lots on less than an acre.

In a 4-2 vote, the department Wednesday approved a receipt of transfer of development rights and a downtown overlay site plan. The transfer involves another property owner by Terranova, 348 Miracle Mile, which houses Bijou Bridal.

Plans at 220 Miracle Mile call for Terranova to build a 120-room hotel, 16,000 square feet of ground floor commercial use and another 11,000 square feet of commercial space on the upper floors, including a rooftop restuarnat, designed by Arquitectonica. The project, which would have to be approved by the City Commission, would cover 23,940 square feet.

CLICK HERE FOR THE FULL ARTICLE

 



Coral Gables Bittel hotel

Stephen Bittel’s Terranova wants in on the hotel game on Miracle Mile

THE REAL DEAL — JULY 25,  2019 — BY KATHERINE KALLERGIS Terranova Corp. is planning to build a mixed-use hotel on the newly ramped Miracle Mile in Coral Gables.

Gables Miracle Mile LLC, an affiliate of Stephen Bittel’s Miami Beach firm, submitted a proposal for the Mile Hotel and Shops, a 120-key development at 220 Miracle Mile.

The Arquitectonica-designed property would be seven stories and 70 feet, with more than 28,000 square feet of retail and food and beverage space. Nearly 15,000 square feet of that retail space would be set aside for the ground floor, according to plans.

The project will have two towers, a base and center court, with a rooftop pool deck and enclosed 3,915-square-foot restaurant and bar. The hotel rooms would be on floors three to six, with meeting space on the second floor.

CLICK HERE FOR THE FULL ARTICLE