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.