Even though it is steeped in tradition and history, Coral Gables continues to evolve. Part of that is reflected in its demographics, and part of that is reflected in the retail landscape. For a perspective on both, here are the latest updates.
Historically, the Gables has skewed to an older demographic, with a median age older than 50. Current figures show that we are getting younger. In the latest census, the median age of Gable residents is now 39. The biggest single population group is still those 65 and older (8,700), but the second largest cluster is aged 20 to 29 (7,280). Neck and neck are those 10 to 19 and those 50 to 59 (6,758 vs. 6,835). Females are still the majority, at 53 percent vs. 47 percent male.
With most of the retail and hospitality damage from the pandemic occurring in 2020, a significant number of new restaurants and stores opened in 2021, albeit with a few more casualties. Here is a sampling:
Restaurants That Opened in 2021
Restaurants That Closed in 2021
Buenos Aires Bistro; Eating House; Giardino; Green Gables Café; Gusto Fino Café; The Local; Mint Leaf; Swensen’s; Taste of India
Retail That Opened in 2021
Retail That Closed in 2021
Burn Boot Camp; The Hairy Ape; Home Design Store; Brooklyn Fitboxing; Martell Deco Art Gallery