Allen Morris Co. breaks ground on Ponce Park

New mixed-use development to become a landmark in Coral Gables

Published on Feb. 9, 2026

Allen Morris Co., a prominent real estate firm in the Southeast U.S., has officially broken ground on its highly anticipated Ponce Park mixed-use development in the heart of Coral Gables, Florida. The project, located at 3000 Ponce de Leon Blvd., is set to become a timeless landmark for the community.

Why it matters

As one of the most renowned real estate companies in the region, Allen Morris Co.'s decision to develop a major new project in Coral Gables signals confidence in the area's continued growth and desirability. The mixed-use nature of Ponce Park is also expected to bring new residential, commercial, and community spaces to the neighborhood.

The details

The groundbreaking marks the start of construction on Ponce Park, Allen Morris Co.'s latest mixed-use development project. The new complex will be located at 3000 Ponce de Leon Blvd. in the heart of Coral Gables, with the goal of becoming a timeless landmark for the community.

  • The groundbreaking ceremony took place on February 9, 2026.

The players

Allen Morris Co.

One of the most renowned real estate firms in the Southeast U.S.

Ponce Park

A mixed-use development project being built by Allen Morris Co. in Coral Gables, Florida.

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The takeaway

The groundbreaking of Ponce Park represents a significant investment in the Coral Gables community by a leading real estate company, signaling confidence in the area's continued growth and desirability as a place to live, work, and visit.