JLL Awarded Management Of 7-Acre Mixed-Use Property

JLL has been selected by Agave Holdings, LLC for property management services of The Plaza Coral Gables, a seven-acre mixed-use development property, consisting of office, multifamily and retail elements located in Coral Gables.

In January of 2022, JLL was awarded its first property management win for The Plaza Coral Gables, which included:

• Two Class A office towers, totaling 455,008 square feet
• 161,000 square feet of retail space connecting the office towers and the hotel through a two-level paseo
• A 2,200-space technology infused parking garage, providing ample parking and ease of access for all vertical elements of the project
• Management and activation of the project’s extensive shared common areas, including open green space, interactive amenities and art in public places

The recent additions of The Reserve at the Plaza, which offers 135 luxury apartment units, and the Galiano Residences, which includes 39 low-rise residential townhomes, represent the latest award to JLL and provides Agave with a comprehensive management structure across all elements of the project. The Loews Hotel, a 242-key luxury hotel within the Plaza Coral Gables, is separately managed.

The Plaza Coral Gables is situated in the heart of the Coral Gables on Ponce de Leon Boulevard and just across from the Ponce Circle Park. The location offers proximity to many of Coral Gables’ top attractions, such as Miracle Mile and Merrick Park, as well as the Coconut Grove. In addition, it provides tenants convenient transportation options with the Douglas Road Metrorail Station that connects to Downtown Miami, Brickell, the Perez and Frost Museums and the Miami international Airport. The city trolley connects the Plaza to the Miami Metrorail and the rest of Coral Gables’ Business District.

JLL’s Property Management efforts will be led by Stewart Brown with support from JLL’s regional and national team comprising key members of Property Management, Sustainability and Experience Management platforms. This integrated service approach will allow JLL to deliver best-in-class solutions and identify opportunities unique to a project of this magnitude and diversity.