Introducing Cora Merrick Park
In the heart of Coral Gables, a new gem is set to redefine the residential landscape. Cora Merrick Park, a boutique condominium project developed by Constellation Group and The Boschetti Group, has successfully secured a $67.5 million construction loan. This undertaking reflects a commitment to wellness-oriented living, nestled within the prestigious Merrick Park neighborhood at 4241 Aurora Street.
Cora Merrick Park will offer 74 meticulously designed residences, each embodying a modern approach to health and well-being. The project is strategically located in one of Coral Gables’ most sought-after areas, providing residents with easy access to elite shopping, dining, and professional hubs.
Financing and Development Insights
The financing was facilitated by BHI, a respected regional lender, with arrangements by Berkadia Miami, led by Scott Wadler and Matt Nihan. Eduardo Otaola, Principal at Constellation Group, remarked on the significance of this milestone, emphasizing the validation of both the market opportunity and the project’s unique vision. As construction progresses, Cora Merrick Park is poised to stand as a distinguished addition to the Coral Gables community.
A Unique Residential Experience
With construction having commenced in April, the timeline for completion stretches to 2028. Prices for residences begin in the $900,000s, reaching upwards of $4 million for penthouse units. Designed by the acclaimed architecture firm Arquitectonica, Cora Merrick Park is one of the few condominium projects in Miami actively pursuing certification from the International WELL Building Institute (IWBI) for residential properties.
The project’s wellness-centered approach is further enhanced by the involvement of Lamarca Well, a Spanish wellness firm known for pioneering wellness hubs in Madrid. Cora Merrick Park’s amenities are designed with biohacking and longevity in mind, featuring advanced air and water purification systems, noise-reducing acoustic designs, and non-toxic building materials.
Exceptional Amenities for a Luxurious Lifestyle
Residents of Cora Merrick Park will enjoy a plethora of luxurious amenities, including:
- A resort-style rooftop pool deck
- A yoga and meditation area
- A lobby tearoom
- The first rooftop padel court in Coral Gables
Additionally, a wellness center will include a fitness area with a dedicated recovery zone, a spa featuring an infrared sauna, steam rooms, contrast hydrotherapy pools, and red-light therapy panels.
Art and Nature Intertwined
In a unique touch to the development, an original sculpture by renowned Catalan artist Jaume Plensa will anchor a lush 5,000-square-foot park, which the developer will donate to the city, enhancing the public realm and creating a serene environment for both residents and the community.
A Thoughtful Selection of Residences
Cora Merrick Park offers a variety of floor plans, ranging from one-bedroom residences to expansive three-bedroom-plus-den penthouse homes, ensuring that there is something for every discerning buyer. Each residence features:
- 10-foot ceilings
- Designer kitchens by Italkraft
- High-end Sub-Zero and Wolf appliances
- Custom stone countertops and porcelain flooring
- Spacious walk-in closets
For those seeking outdoor space, select residences will include expansive private lanais that offer a seamless blend of indoor and outdoor living.
Location and Connectivity
Cora Merrick Park’s strategic location directly across from the Shops at Merrick Park positions it within walking distance of downtown Coral Gables and the Metrorail, facilitating convenient travel to Coconut Grove, the University of Miami, and the bustling Downtown Miami/Brickell area. Furthermore, it is situated just a block away from 4225 Ponce, a recently completed Class A boutique office building, which further enhances the appeal of this exclusive residential offering.
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