CMC Group's $5M Renovation of Class A 4000 Ponce Office Tower

CMC Group has unveiled a $5 million renovation of 4000 Ponce, a nine-story Class A office and retail development in Coral Gables' Southern Business District. This significant investment aims to enhance the property's reputation as a premier workplace destination in Miami, reflecting the company’s dedication to adapting to the needs of a modern workforce.

A Landmark of Luxury and Functionality

Originally developed in 2002 by renowned luxury real estate developer Ugo Colombo, 4000 Ponce boasts 150,000 square feet of office space and 32,000 square feet of ground-floor retail. Its Mediterranean-inspired design has made it a local icon, serving as the flagship location for THE COLLECTION, one of the nation's leading luxury car dealerships. The property is 92% leased, housing prestigious tenants such as Steinway & Sons, Coldwell Banker, Hemisphere Media Group, and more.

Transformative Renovations

Recent upgrades revitalized both the building’s interior and exterior. The grand lobby now features Italian white marble flooring and eco-friendly Oikos paint, complemented by new chandeliers and energy-efficient LED lighting. Elevator cabs, hallways, and bathrooms were also remodeled with bespoke Italian finishes. Externally, the building’s façade received a fresh coat of paint, new awnings, and improvements to the parking deck and tenant directory.

State-of-the-Art Amenities

4000 Ponce combines aesthetic charm with modern conveniences. Its Mediterranean architecture integrates Venetian stucco, cherry millwork, and bronze details, while the building supports smart technology, including high-speed broadband and data services. Office spaces are versatile, with floor plans suitable for both single and multi-tenant use. On-site parking offers a generous ratio of three spaces per 1,000 square feet, plus visitor spaces on the mezzanine level.

Prime Location and Accessibility

Situated adjacent to The Shops at Merrick Park, 4000 Ponce is close to nearby residences, shopping, and entertainment. Tenants benefit from the Coral Gables trolley service, which provides easy access to Miracle Mile and a nearby Metrorail station. Conveniently located near US-1 and just 20 minutes from Miami International Airport, the property’s accessibility enhances its appeal.

A Legacy of Excellence in Development

CMC Group, led by pioneering real estate developer Ugo Colombo, has a storied history of South Florida real estate developments, including iconic luxury residential towers such as the Financial District's Bristol Tower and Brickell Flatiron. The firm completed Onda Residences in Bay Harbor Islands this year with Morabito Properties and is currently developing ultra-luxury condominiums like Vita at Grove Isle and Four Seasons Private Residences in Coconut Grove.