$30 Million Secured for Via Veneto: Coral Gables’ Most Anticipated Luxury Townhomes

The Calta Group, helmed by brothers Ignazio and Gaetano Caltagirone, has secured a monumental $30 million construction loan from Banesco USA to bring their vision of Via Veneto to life. This ultra-luxury residential project, nestled in the heart of Coral Gables, is set to redefine modern Mediterranean living. Groundbreaking for the highly anticipated development is scheduled for Spring 2025, promising an architectural masterpiece that merges historic charm with contemporary sophistication.

Situated at the coveted crossroads of Sevilla and Palermo Avenues, Via Veneto will feature 10 bespoke, three-story townhomes. Each residence spans an impressive 5,500+ square feet, boasting four oversized bedrooms, four and a half bathrooms, and expansive entertainment spaces. From gourmet kitchens crafted by Italian design powerhouse Mia Cucina to thoughtfully curated outdoor terraces complete with summer kitchens, every detail has been meticulously planned to harmonize indoor and outdoor living.

Adding to its allure, each home offers unique architectural flourishes, including recessed entry porticoes, wrought-iron-inspired balconies, and private entry gardens that echo Coral Gables' neoclassical Mediterranean heritage. Priced from $5.7 million, Via Veneto represents an elevated living experience tailored for discerning buyers.

Architect Nelson de Leon, alongside interiors by Sensi Casa, has infused each townhome with timeless elegance and modern convenience. Private elevators service all three levels, while the community itself features a trellised arched entryway, a paved motor court, and landscaped pathways leading to four-car garages. Together, these elements create a seamless blend of grandeur and intimacy.

Gaetano Caltagirone captures the project's vision, stating:

Known as "The City Beautiful," Coral Gables provides the perfect backdrop for this exceptional project. Residents of Via Veneto will enjoy proximity to iconic landmarks such as The Biltmore Hotel, Venetian Pool, and the Miracle Mile. With top-rated schools, premier golf courses, and Miami International Airport just moments away, the development promises unparalleled convenience for families and professionals alike.

Banesco USA, a trusted name in construction lending, is a key partner in realizing the vision for Via Veneto.

Echoing this sentiment, Vice President John Cedres added, "This investment reflects our confidence in the strength of the Coral Gables market and The Calta Group’s proven ability to deliver."

The Jills Zeder Group of Coldwell Banker Realty, the top-ranked real estate team in the nation, will exclusively manage marketing and sales for Via Veneto, ensuring the project reaches its ideal clientele.

Via Veneto is more than a development; it is a statement of Coral Gables' enduring appeal and a testament to The Calta Group’s commitment to excellence. For those seeking a residence that seamlessly fuses historic charm with modern innovation, Via Veneto offers an unparalleled opportunity.