- What is Paseo de la Riviera?
Paseo de la Riviera is an innovative mixed-use and pedestrian-friendly project on the corner of U.S. 1 and Caballero currently occupied by Holiday Inn. The project incorporates Coral Gables distinct Mediterranean architecture and a signature 325-foot long, 72-foot wide open-air walk way “Paseo” designed for connectivity and walkability.
- What will the project offer?
Paseo will offer a 252-room hotel, 224 spacious residences, retail, a chef-driven neighborhood restaurant, and a lushly landscaped, signature Paseo for residents, visitors, and neighbors to enjoy.
- Who is the architect?
Developer NP International has joined forces with two renowned architectural teams for the project, including Coral Gables architect and preservationist Jorge L. Hernandez, a University of Miami professor responsible for the restoration of The Coral Gables Museum and the design of many of the city’s iconic single-family homes. Hernandez, in collaboration with leading international architecture firm, Gensler & Associates, have carefully planned and designed a unique development that will maintain Coral Gables’ high design standards, and add to the existing sense of community and place.
- Who is the developer?
NP International is a family-run company with a tradition of excellence in construction and real estate development that spans four generations. The company prides itself on its long-term commitment and dedication to creating distinctive, high-quality and sustainable mixed-use designs that complement the surrounding area.
The company’s notable projects include the historically- sensitive rehabilitation of the 100-year-old iconic Burch Building in Minneapolis; the 64-acre mixed-use project of Village Point at the University of Florida developed with sensitivity to the wetland sanctuary along its northern border; the mixed-use River Walk project in downtown Philadelphia designed to complement the City’s growth; and Casa Chameleon, a boutique hotel located in the bohemian oceanside enclave of Mal País, Costa Rica.
With a new headquarters in Coral Gables, NP International seeks to expand in South Florida with Paseo de la Riviera signaling its first project in the market and a second project in the works.
- How tall are the buildings?
The hotel component of the project is 10-stories and the apartment building is 13-stories, which is comparable in height to the University of Miami office building next door.
- What hotel operator will manage the hotel?
We are excited about our hotel partner and will announce it as soon as we can make it public.
- What kind of retail will the project include?
Residents, visitors and neighbors will enjoy a variety of neighborhood shops and cafes, including a chef-driven neighborhood restaurant, which will add to the community flavor. We look forward to announcing tenants in the near future. Please check back for updates.
- Will there be sufficient parking to accommodate residents, visitors, hotel guests and staff?
To address demand and concerns about overflow of cars onto neighboring residential streets, Paseo will offer a surplus of parking with a total of 840 parking spaces as well as valet service available to retail and hotel guests.
- How is the project addressing traffic concerns?
A robust dialogue with nearby residents, as well as the City’s professional staff, has produced several innovative traffic control measures. Simply put, plans have changed to respond to the concerns voiced from within the neighborhood.
The primary point of discussion centered on minimizing trips along Hardee Road and Caballero Boulevard. To this end, the plans primarily rely upon South Dixie Highway. Secondary reliance is placed upon Madruga Avenue and Caballero Boulevard. The plans were designed by David Plummer and Associates – the leading transportation engineers in South Florida. To address traffic, a new traffic calming circle and landscaped medians have been proposed for the intersection of Caballero Boulevard and Hardee Road that will reduce the size of the travel lane and dramatically slow down traffic. The changes will improve safety and better manage vehicle flow, as well as provide safer pedestrian access to Jaycee Park.
It is important to note that Paseo is not a significant traffic generator. Paseo will be the source of substantially fewer vehicular trips, over a far more limited period of time, than the traffic volumes associated with the scale of big-box retail or strip-mall development that could be developed on the site.
- What is being done about security?
To improve security in the area, the developer plans to convert the alley along Madruga Street into a safe and walkable landscaped passageway complete with a trellis and ambient lighting. Security will also be on site and available 24 hours a day, seven days a week to address any concerns.
- Why is this project beneficial to the area?
With its architectural details, signature Paseo connecting to Jaycee Park, retail and restaurant offerings, and close proximity to nearby transportation resources, Paseo is designed to enhance the area’s connectivity and become an entryway to the neighborhood.
To further beautify the area, the developer plans to invest in local art to display in and around the property, resurface the basketball and tennis courts at Jaycee Park, and has tapped noted Miami landscape architect Robert Parsley to improve the park grounds. Through creative landscape design, Parsley has transformed institutions such as The University of Miami; parks such as Metro Zoo; and residences such as the Estefans estate.
With enhanced security, reconfiguration of the alley along Madruga Street, a traffic calming at the intersection of Caballero Boulevard and Hardee Road, and a new controlled cross walk, Paseo will create a safe pedestrian-friendly and walkable addition to the community.
- How close is the project to public transportation?
With a passion for developing projects with accessibility and well-connected amenities that draw people together, NP International chose this site because of its proximity to nearby transportation resources such as the University Metrorail station, the University Pedestrian Overpass, the planned Underline, and Coral Gables Trolley. As a result, Paseo is well situated for professionals seeking to shed their cars for a more pedestrian-oriented way of living with its close proximity to downtown Coral Gables, University of Miami, and Brickell.
Additional questions about the project should be emailed to info@PaseoDeLaRiviera.com.