Publix plans 18-story residential tower
Supermarket giant Publix plans to develop a modern 57,000-square-foot store on LeJeune Road in Coral Gables along with an 18-story, 282-unit residential building fronting Salzedo Street.
The Lakeland-based chain submitted its plans for a site it currently occupies with a smaller store and large surface parking lot to Coral Gables’ Development Review Committee on Friday.
The proposed grocery will replace the current 43,000-square-foot store at 2551 LeJeune and add the residential units as well as a 793-space parking garage.
“The Publix submitted to the Development Review Committee plans to dramatically transform its store and surface lot,” Mayor Jim Cason said Friday during a Coral Gables Chamber of Commerce Commercial Real Estate Breakfast. This is one of the latest commercial developments, he said, that is “proof positive that Coral Gables remains on the move.”
The city’s Development Review Committee is to review Publix’ plans May 30.
In a May 8 letter, Javier Fernandez of Akerman LLP, who represents Publix for the development, stated the proposed improvements “represent a significant enhancement to the property consistent with the current trajectory of downtown Coral Gables as an increasingly urban, mixed-use district.”
Mr. Fernandez also wrote that the proposed improvements will create significant activity on the street particularly along LeJeune, Salzedo and Andalusia Avenue.
The proposed improvements will incorporate Coral Gables Mediterranean Style Design elements. Through the use of the Mediterranean bonus program, the proposed improvements will total 452,038 square feet of floor area (or a Floor Area Ratio of slightly more than 3.4 on the 132,412-square-foot parcel of 3.04 acres), Mr. Fernandez reported.
He said the improvements satisfy the minimum ground-floor retail, commercial or office use requirements and ground floor treatment details required by the city code.
Plans include bicycle storage on the garage’s third floor, more than 38,000 square feet of landscaped open space (about 22,000 more than is required of a mixed-use project) landscaping within the right-of-way and pedestrian amenities such as benches and expanded sidewalks.