Property investors think this industrial Miami nabe is about to blow up
Briefly

The Merrick Park District (MPD) in Coral Gables is undergoing a luxurious transformation, shifting from an industrial area to a vibrant hub for upscale living, retail, and dining. Notable projects like Cassia Residences, Merrick Manor, and others are reshaping the skyline. Broker Philippe Diener highlights the district's Mediterranean architectural style, contrasting with modern designs. While the community is praised for its walkability and family-friendly vibe, there are concerns over density and traffic. The Underline, a park integrated with the area's infrastructure, adds to the district's appeal as both a residential and tourist locale.
"The new development in and around the MPD reflects the area's historic, Mediterranean style," said Diener, noting that the area's aesthetic is an antidote to bland contractor-modernism.
Diener touts the district for being "very walkable," and family-friendly, but acknowledges its drawbacks: "The buildings are almost on top of each other and depending on which line the buyer chooses, it can limit privacy, views and natural light."
Roger sees the area not only as perch for primary residents, but also as a home base for tourists. Still, he concedes that traffic is already an issue.
On the bright side, the MPD is built alongside Miami's equivalent of the High Line, dubbed the Underline - a 10-mile linear park beneath Miami's Metrorail serviced by a free tram.
Read at New York Post
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