On Thursday, November 20, 2014, Estate Investments Group, Mattoni Group and Fortune Capital Partners celebrated at the groundbreaking of Gables Prado, a class A luxury apartment community that is the second development of this kind to rise in the City of West Miami. The property is located just west of Coral Gables in West Miami at 950 S. Red Road. The development group is also responsible for the construction of the first luxury apartment residences to exist in the City of West Miami, known as Gables Gate Tower.
“Gables Prado is the beginning of more developments to flourish in the City of West Miami,” said Robert Suris, Principal of Estate Investments Group. “We plan to impact the community in more ways than just building apartments and look forward to continued participation of the rebirth occurring in the City of West Miami.”
Numerous high ranking officials from the City of West Miami were present at the ceremony as were the project’s architect, Ms. Olenia Martin, and numerous other professionals that made Gables Prado a reality.
The architecturally stunning apartment building has 194 residential rental units, offering one, two and three bedroom floor plans, which will include over sized, wrap around balconies, floor-to-ceiling impact resistant windows, covered parking, and 24-hour security. The project, which is a 300,000-square-foot oasis, will offer numerous luxury amenities and services including a majestic swimming pool with cabanas and grilling stations, poolside state-of-the-art fitness center, alluring saunas, luscious raised garden reflection area, and a community recreation center. The apartments will feature 9-foot ceilings with “see through” design and high quality finishes such as porcelain tile floors and premium cabinetry. The incorporation of work/live unit designs into the project will offer residents the unique opportunity to conduct licensed business activities from their residences.
About Estate Investments Group
Robert Suris founded The Estate Companies (TEC) in 2012 as a full-service real estate group, representing the continuation of more than 30 years of real estate investment, development,construction,operation management and marketing experience in the South Florida real estate market. TEC Group focuses on the high-yielding, risk adjusted, development and investment opportunities involving land and residential projects where the principal and officers have been conducting business for over three decades. Strong ties to the community have allowed TEC to develop an unparalleled knowledge of market fundamentals, as well as develop a broad network of industry contacts to source, fund and execute new opportunities. For more information, visit: www.eigfl.com.
About Mattoni Group
Mattoni Group is a forward-thinking, vertically integrated real estate investment and management firm headquartered in Miami, with a growing portfolio of residential and commercial properties across the region. With more than two decades of combined experience in myriad aspects of the real estate industry – including property acquisition, construction, management and financial analysis – Mattoni Group brings a wealth of expertise to every project. As demonstrated by the Company’s outstanding record of successes, the organization possesses the entrepreneurial strategy, skills and resources to minimize competition maximize value and achieve desirable risk-adjusted returns on investments in any market cycle. For more information, visit: www.mattonigroup.com.
About Fortune Capital Partners
Fortune Capital Partners, Inc. (FCP) is a multifaceted, full service real estate company headquartered in Coral Gables, Florida. At its inception in 1998, the company’s operational focus was, and continues to be, on residential multifamily and condominium conversions. Over the past 15 years, FCP has acquired, leased, managed and converted over 9,000 units in South and Central Florida aggregating $1.6 billion in sales revenue. Commencing in 2001 FCP began investing its excess capital with highly qualified developers and operators in commercial, value-add and ground-up developments. Today, FCP’s investment real estate portfolio is comprised of office, hotel, retail and land held for development.