SOVEREIGN FEATURED IN THE SOUTH FLORIDA BUSINESS JOURNAL DEVELOPERS BREAK GROUND ON $35 MM APARTMENT

The $35 million Gables Gate Tower is rising in West Miami after a groundbreaking on Jan. 10.

The project by The Estate Cos. and Mattoni Group will feature 206 apartments in a seven-story and a four-story tower. The units will range from 750 to 1,250 square feet.

Located on a 2.1-acre site on 67th Avenue between Southwest 21st and 22nd Streets, the project will include a pool, a fitness center and a club room.

“West Miami is poised to be the next, hot development area,” Estates Cos. Principal Robert Suris said in a news release. “With its proximity to Coral Gables, the airport, major highways and the top five employment centers in Miami-Dade County, we are sure this will be the first of many more developments to come.”

The project should be completed by spring 2015.

Article on South Florida Business Journal