Texas Developer Demolishes Historic Florida Mansion Months After $36M Purchase
A Texas property developer demolished the Wood Residence, a historic mansion in Coral Gables, Florida, months after buying it for $36 million. Designed by Alfred Browning Parker, the estate lacked historic landmark status, allowing demolition without public hearings. Preservationists criticized regulatory loopholes amid rising land values driving luxury real estate changes in South Florida.
TOI World·57m ago·Coral Gables



