After years of planning and pre-construction efforts, we are officially “Going Vertical”. We received the first Master Building permit from the City of Coral Gables on July 10th. This is a major milestone which allows all aspects of construction in the North parcel to proceed. Foundation work and underground utility work will continue, immediately followed by columns and elevated slabs. Coastal-Tishman has been selected as the General Contractor for the first stage. The structure for the signature class “A” office building and residential tower will start to rise up from the ground in coming months. The very aggressive construction schedule for the North Parcel is only 21 months. Final design and permitting for subsequent stages of the project are also advancing quickly. By year’s end, we will commence construction in the Central Parcel and the South Parcel will follow. Our entire team is extremely proud to be a part of history in the making.