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Coral Gables … the City Beautiful! Distinguishing itself as one of our most desirable cities–to live in, to play in, to shop/dine in, and to work in.
Coral Gables … founded in 1925 by George Merrick immediately becoming one of the original fully planned communities in the nation. His was a vision of secluded residential enclaves and commercial areas conducive to vibrant international business, all with a Mediterranean architectural style, but preserving the natural environment. That vision flourishes today; the quaint streets and the bustling plazas evidence its timeless grace and grandeur.
Coral Gables … home to the local, national and multi-national businesses, all who benefit from the prestigious address, and demand the employment base, telecommunications systems, transportation links and unparalleled demographics that Coral Gables offers:
- 5.5 million square feet of office space.
- Assessed property value of $13.5 billion, representing a $6 billion increase in 10 years.
- Average household income exceeds $128,000; median home value is $710,000.
- More than 50% of residents have a college degree; 25% have a graduate/professional degree.
- 40,000 white-collar employee base with median per capita income in excess of $60,000.
- Regional headquarters to almost 200 multinationals, representing over 6,000 employees.
- Home to over 30 consulates and trade offices.
- 3,800 businesses grossing more than $98 billion.
- 1,400 hotel rooms, 50% of which have luxury or first-class status.
- AAA Moody’s and Standard & Poor’s municipal bond rating.
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