The Allen Morris Co. unveiled the full amenity package at Ponce Park on Wednesday, Aug. 12, giving buyers a first look inside its 11-story luxury development rising at 3000 Ponce de Leon Blvd. in downtown Coral Gables. The reveal confirms a rooftop pool, a dedicated spa and a ground-floor restaurant from Madrid-based Quintín Ultramarinos, adding a new all-day dining option to the Ponce de Leon Boulevard corridor steps from Miracle Mile.
Designed by Meyer Davis, the amenity collection includes private treatment rooms, sauna and steam rooms, a yoga and Pilates studio, landscaped gardens, a fire pit, a private conference room and a rooftop residents' lounge. The spaces use stone, wood, plaster and natural light to extend the same material palette found inside the 58 residences.
"Our vision for Ponce Park was rooted in a warm, contemporary interpretation of Mediterranean living," said Will Meyer of Meyer Davis. "Natural materials, sculptural forms and filtered light create continuity throughout the building, while each environment maintains its own character and rhythm."
Quintín heads to Coral Gables
At street level, Quintín Ultramarinos will bring indoor-outdoor dining to the boulevard when the building opens in early 2028. Founded in 2015 in Madrid's Barrio de Salamanca by Sandro Silva and Marta Seco, the restaurant started as a gourmet market before becoming an all-day dining destination. Grupo Paraguas and D.ream International, the global hospitality group behind Amazónico, COYA and Zuma, will operate the Coral Gables location.
The restaurant will serve breakfast, lunch and dinner with a wine list highlighting Spanish and international selections, according to Time Out Miami. It marks Grupo Paraguas' second U.S. venture after Amazónico opened in Miami in September 2025. Vertical Real Estate, led by Daniel Cardenas and Michael Sullivan, is handling retail leasing for the project.
Five years in the making
The project has a long backstory. Allen Morris first proposed the site in 2021 with plans for 171 units. City boards rejected earlier versions before the Coral Gables City Commission unanimously approved a scaled-down 58-unit plan in 2024, changing the land use from low-rise to high-rise intensity and vacating an alleyway between properties. As part of that approval, Allen Morris agreed to contribute $2 million in public improvements and cover the funding gap for the adjacent $11 million renovation of city-owned Ponce Circle Park.
Allen Morris secured a $132.5 million construction loan from Bank OZK in January 2026, arranged by Lotus Capital Partners. Construction broke ground in December 2025.
What buyers get
Residences range from about 1,900 square feet to more than 6,500 square feet, with two- to five-bedroom floor plans, 11- to 12-foot ceilings, private elevator access and Italian-crafted kitchens. Prices start at $3.1 million. ONE Sotheby's International Realty is handling sales exclusively.
W. A. Spencer Morris, president of Allen Morris Co., said in June that the development team traveled to quarries in Tivoli, outside Rome, to hand-select travertine for the building's exterior and to the Apuan Alps for Calacatta Borghini marble used in kitchen countertops.
Completion is expected in early 2028. The roughly 22,000 square feet of ground-floor retail space still has additional availability beyond Quintín, according to Community Newspapers, which first reported the amenity unveiling.
