Leasing Commences for The Aura, Newly-Constructed Mixed-Use Development in Coral Gables

At 1501 Southwest 37th Avenue, a New 14-Story Modern Multifamily Property Welcomes Tenants


NEW YORK, March 18, 2019 (GLOBE NEWSWIRE) -- Greystone Development, a New York City-based real estate development company, has begun leasing residential units at The Aura, located in the heart of Coral Gables, Florida at 1501 Southwest 37th Avenue, within walking distance to downtown and the Miracle Mile.

The Aura, a new 14-story mixed-use development, adds 100 well-appointed one- and two-bedroom units, each with private outdoor space, designer kitchens and in-unit washer / dryers, to one of South Florida’s most sought-after residential neighborhoods and shopping destinations. RKW Residential is the leasing agent for the residential portion of the property.

“The Aura successfully integrates modern functionality with accessible, upscale comforts into a beautiful, livable space for its residents,” said Thomas Ryan, head of Greystone Development. “Coral Gables is one of Miami’s most desirable places to live, work and play, and we are excited that The Aura’s residents will be able to fully enjoy all that this community has to offer.”

Borges + Associates Architects designed the 235,000 square foot, pet-friendly development, which features thoughtfully-planned amenities, including a 24/7 concierge, resort-style pool, sundeck and spa, fitness center, lounge with demo kitchen, and garaged parking.

The Aura also hosts approximately 6,400 square feet of ground floor retail with floor-to-ceiling windows and over 150 feet of frontage along Douglas Road, a highly-trafficked retail corridor. Greystone Development has exclusively engaged Emran Ally at CBRE to lease the retail portion of the property.

For more information, visit www.auracoralgables.com/ or call (833) 919-5324.

About Greystone Development
Greystone Development is a full-service real estate developer headquartered in New York City. Since 1992, Greystone has acquired, repositioned and developed over $2 billion in properties nationwide spanning approximately 3.5 million square feet. Our portfolio is diverse, comprised of condominium, rental, office, retail, mixed use and healthcare properties. Greystone Development is a part of the Greystone group of companies, active in real estate lending, investment and advisory. For more info, visit www.greyco.com or www.greystonedevelopment.com.

PRESS CONTACT:
Karen Marotta
Greystone
212-896-9149
Karen.Marotta@greyco.com