Aston Coral Way Miami

Published 25 November 08 01:14 PM | dienerph

 Aston Coral Way Miami

Aston Condo Coral Way 

About The Aston Condo

The Aston, a 226-condo project on Coral Way and 30th Avenue. The stretch is a couple of minutes away from Brickell Avenue, Miami's financial district, and less than half a mile way from Coral Gables, home to many multinational corporations' regional offices. The target buyers are local residents who work nearby, said Pasquale Renzi, principal of Renzi Development in Miami. Two years ago, his group started the development wave when it built the 200-unit Coral Plaza at 3500 Coral Way, with prices beginning at $158,000. "Most of the buyers were young professionals and very few foreign investors," he said. Renzi is now building 228 condos at The Emerald Plaza, at 3410 Coral Way, and Blue of Coral Way, at 3170 Coral Way. Prices for one-bedroom units begin at $145,000. The Emerald is already sold out and Blue was just put on the market, he said. Miami's planning advisory board, a quasi-judiciary body, last week approved the design of The Gables Marquis, proposed for the 3200 block of Coral Way. Its developer, Urbanism Coral Way, plans to build a 177-unit, Mediterranean-style project with condos, townhouses and retail on the ground floor. Units would start at $175,000, said Ben Fernandez, the real estate lawyer representing the developer. "The area lends itself to higher density," he said. "Coral Way is one of Miami's major transportation corridors.

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