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Loews Hotel CEO Jonathan Tisch today officially opened Loews Coral Gables Hotel, the company’s highly-anticipated, 242-room property in the heart of the Plaza Coral Gables.  It’s the second Loews Hotel in South Florida, joining the iconic Loews Miami Beach Hotel in South Beach.

Located just four blocks from Coral Gables’ famed Miracle Mile shopping and dining district, Loews Coral Gables features a spa, fitness center, pool and four restaurants and lounges, along with 30,000 square feet of indoor/outdoor meeting space that includes a 9,000 square foot ballroom – the largest in the city.

“Coral Gables is a market in itself,’’ Tisch said. “It’s a community that is proud. And now one that we can call ‘home,’ which is exciting.’’

The seven-acre, multi-use project has been more than 10 years in the making by Agave Holdings, a group that includes the family behind the Jose Cuervo spirits business. The Plaza Coral Gables is the city’s largest (and most ambitious) project in 20 years. Constructed on land that was once lined with crumbling homes, low-rise office buildings and old warehouses, The Plaza Coral Gables is expected to transform Coral Gables into a premier South Florida destination, with the Loews Coral Gables acting as its luxury hotel.