Ponce 8
Ponce 8 is a 16-story, 201-residence tower rising near Coral Gables' historic Douglas Entrance at 3808 SW Eighth Street, and the city's first project delivered under Florida's Live Local Act.
Official Website3850 SW 8th Street, Coral Gables. 16 floors and 201 residences. Targeting 2028. Financed with $14M from Benworth Capital Partners in May 2026.
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Ponce 8 is a 16-story, 201-residence tower rising near Coral Gables' historic Douglas Entrance at 3808 SW Eighth Street, and the city's first project delivered under Florida's Live Local Act. Developed by Shoma Group and designed by PPKS Architects, the Mediterranean-inspired mixed-use building sets aside roughly 40 percent of its homes as attainable workforce housing for households earning up to 120 percent of area median income, and adds about 18,000 square feet of ground-floor commercial space. The project pairs the Live Local Act's density and floor-area incentives with Coral Gables' Mediterranean Bonus, which grants two additional stories in exchange for the city's signature Mediterranean Revival design.
Coral Gables · Aug 2025Shoma Group plans Ponce 8, Coral Gables’ first Live Local projectFrequently asked
Where is Ponce 8 located?
Ponce 8 is located in Coral Gables.
When will Ponce 8 be built?
Ponce 8 is an announced development that has not yet started construction, targeting completion in 2028 (a TMW estimate).
Who is developing Ponce 8?
Shoma Group is the developer behind Ponce 8.
Who designed Ponce 8?
Ponce 8 was designed by PPKS Architects.
How big is Ponce 8?
Ponce 8 rises 16 stories with 201 residences.