Empira Group has secured a premier development opportunity in the heart of Coral Gables, acquiring 912-921 East Ponce de Leon Boulevard for $18 million. The Swiss-based real estate investment firm plans to transform the site into The Aurelian, a 12-story Class-A multifamily development designed by acclaimed local architect Behar Font. Groundbreaking is expected in early 2026.
A Prime Location in the City Beautiful
The property occupies two prominent corners of a residential block in Coral Gables, a city known for its Mediterranean Revival architecture, lush landscaping, and upscale lifestyle. Future residents will enjoy panoramic skyline views of both Downtown Coral Gables and Brickell, along with unmatched walkability to shops, dining, and cultural attractions.
The Aurelian: Luxury Living Meets Timeless Design
The Aurelian will feature 161 luxury residences, each offering spacious floor plans, high-end finishes, and generous private balconies. Inspired by Coral Gables’ historic elegance, the building’s design blends Mediterranean influences with modern functionality.
Planned Amenities Include:
- Resort-style pool with outdoor lounge areas surrounded by trellises and flowering plants
- 5,000 sq. ft. public park with children’s play area
- State-of-the-art fitness center and private yoga studio
- Private parking garage with 248 spaces
- Public art installation by renowned artist Michele Oka Doner—a bronze sculpture with a golden glow, celebrating Coral Gables’ natural beauty
A Statement of Investment Confidence
“With limited land available for new development in Coral Gables, the opportunity to build a luxury multifamily project in one of the most prestigious residential real estate markets in the U.S. is something Empira couldn’t pass up,” said Rafael Aregger, Head of US Investments at Empira Group.
Branko Kuzmanovic, Director of Acquisitions at Empira Group, added, “With thoughtfully crafted Mediterranean-inspired architecture, the project will feature spacious unit layouts, large private balconies, and exceptional design that blends classic charm with modern living.”
Continuing Empira’s Expansion in South Florida
The Aurelian marks Empira Group’s latest expansion into the South Florida real estate market, reinforcing the firm’s commitment to developing high-end multifamily projects in top-tier urban locations.
With its premium location, iconic design, and luxury lifestyle offering, The Aurelian is poised to become a landmark address in Coral Gables, delivering both exceptional living experiences for residents and long-term value for investors.