Minnesota-based Developer Nolan Reynolds International (NRI) and health club chain Life Time Fitness have reached completion on Life Time Coral Gables, a 1.2-million-square-foot mixed-use project at 237 South Dixie Highway and 225 South Dixie Highway in Coral Gables, Florida.
Life Time and developer Nolan Reynolds International delivered the 1.2-million-square-foot, 14-story project at 237 South Dixie Highway. It marks one of a number of mixed-use developments with apartments that are in the pipeline for that stretch of U.S. 1.
“We found if we can keep it somewhat affordable on a per room or per guest basis, then it’s something in the range of a normal vacation and people get very intrigued”, said Brent Reynolds, the chief executive of Nolan Reynolds International, which runs a few small hotels in Costa Rica where private bookings have quadrupled since the pandemic.
Chef and restaurateur Niven Patel and the Argentinian restaurant group Graziano’s are each leasing space at Life Time Coral Gables, a $500 million mixed-use development that’s expected to be anchored by a Trader Joe’s grocery store.
The Miami chef, whose restaurant group Aya Hospitality encompasses four other restaurants, is now a week into his new spot, Mamey at THesis Hotel in Coral Gables, FL, and he feels more refreshed than he has in months. And that’s saying something, considering that he and his wife, Shivani, welcomed twin girls in June.
It began with Mr. Patel’s decision to permanently close one of two locations of Ghee Indian Kitchen, the Miami-area restaurant that brought the chef national acclaim. The week ended with South Florida bracing for the arrival of Hurricane Isaias, just as the state recorded its fourth straight day of record reported deaths from Covid-19.
NRI is honored to be the recipient of the 2020 City Beautiful Award for Most Coral Gables-Esque Project for Paseo de la Riviera! The Chamber’s City Beautiful Awards celebrate the unique architecture and outstanding aesthetic found in the commercial properties in and around the Coral Gables business community.
