CORAL GABLES - Old Spanish Village, the $350 million New Urbanism development in Coral Gables, is progressing steadily. The exterior structure of the first building, part of Phase I of The Villas, is complete. Underground utilities and underground infrastructure are 90% complete. Construction of Phase I began in April 2008, and the first of seven buildings in this phase will be complete in April.
The Spanish-inspired grand archway, which serves as the village’s entry and symbolizes the realization of the vision of Coral Gables’ founder George Merrick, was inaugurated in January.