Grove Bay Investment Group LLC. has submitted plans to the city for the redevelopment and restoration of Coconut Grove’s historic Pan Am Airways base. Construction on the project is already underway on the parking garage portion of the development.
Miami-based sustainable real estate developer Metronomic has acquired an assemblage of properties in Coconut Grove to commence development of their “Grand Plaza” mixed-use project. The four-parcel portfolio along Grand Avenue consists of 0.77 acres and was purchased for $6.3 million ($186.67/psf).
The Fairchild Coconut Grove has topped off with sales surpassing the 75% in one of the hottest neighborhoods in Miami, Coconut Grove. The luxury boutique condo project is being developed by ROVR Development and was designed as a tropical-modern sanctuary by acclaimed local architect Max Strang.
The FAA has approved the Touzet Studio-designed Grove Central, an innovative $200 million mixed-use project that will use solar panels to produce its own electricity. Grove Central is located at the Coconut Grove Metrorail station and is being developed by Terra Group and Grass River Property.
As the redevelopment of CocoWalk continues, the joint venture behind the project, comprised of Federal Realty Investment Trust (NYSE: FRT), Grass River Property and Comras Company, has announced that it has signed its anchor tenant, co-working company Spaces, to occupy 42,883 SF at the new Class A office building One CocoWalk.
One of the most historic estates in Coconut Grove and the former winter retreat of 1920’s actor Rudolph Valentino, has sold off market for $4,500,000. The Moorish Compound, which is located on a rock bluff overlooking the prestigious South Bayshore Drive, was originally built in 1910 and is made up of a main house with three separate cottages on a 25,000 SF lot.
Ransom Everglades School has broken ground on their new three-story STEM Center designed by Perkins+Will. The new 45,000 SF building will feature 10 flexible classrooms, fabrication and maker labs, a rooftop outdoor lab, solar technology, a reconfigurable multi-purpose conference and a 200 person auditorium.
A waterfront mansion located a stones throw from Coconut Grove, that has been made famous as the location for music videos such as Where Da Cash At by Curren$y featuring Lil Wayne, Chevy Ridin’ High by Dr Dre, amongst others by Rick Ross, Tryna, and Fat Joe, is now listed for $12.9 million.
There are few residences that combine high-styled interior design and an expertly curated art collection all while being located in an iconic tower designed by one of this generations top architects, Bjarke Ingels.
Habitat at The Grove, a new project matching urban style with luxury living, has been revealed in the heart of Coconut Grove. The brand-new boutique community features 8 townhomes that are designed to blend urban lifestyle with the tropical beauty of Coconut Grove.
Park Grove, a 3-building joint venture between Terra Group and Related Group, has celebrated the grand opening of Two and Three Park Grove as One Park Grove pushes skyward. The Park Grove project is transforming the Coconut Grove skyline with architecture by Pritzker Prize winning architects OMA/ Rem Koolhaas.
ROVR Development has announced that the concrete pour for the first elevated deck at The Fairchild Coconut Grove has been completed. Cement trucks began the process of hauling in a total of 545 cubic yards of concrete for the day long pour which needed approximately 50 cement trucks as the first elevated deck for the project was formed.
Metronomic Place, a new mixed-use project coming to 3280 Grand Avenue, has been revealed in Coconut Grove. The project is being designed by local architecture firm CLAD and will feature interiors by One Design Build.
ROVR Development is pleased to announce it has closed on a $27 million loan for The Fairchild Coconut Grove, the new luxury waterfront condo development rising directly on Biscayne Bay in Coconut Grove. Ocean Bank provided the financing for the project which broke ground in April 2018.
The Cipriani family is bringing a new hotel to Coconut Grove, featuring a modern, radical design by Arquitectonica which was influenced by Stiltsville in nearby Biscayne Bay. The development team recently revealed the hotel with new renderings and construction is nearing completion with the hotel expected to open this winter (2018).
Optimum Development USA, a global real estate investor and developer, has officially announced that “The Optimum,” their new five-story luxury Class A office building in Coconut Grove, has officially topped off. O
The 52-residence Arbor, Coconut Grove’s latest boutique condo offering, jointly developed by Urban Atlantic Group and Oak Ventures, announced a partnership with Miami-Dade County’s Million Trees Miami Campaign.
On April 10th, ROVR Development officially broke ground on The Fairchild Coconut Grove. To celebrate the milestone, the developers welcomed guests to the ground breaking ceremony for their new waterfront luxury development which is now rising in Coconut Grove.
David Martin, President of Terra, the developers behind the Bjarke Ingels-designed Grove at Grand Bay, has listed his personal penthouse atop the twisting towers for $25 million. The penthouse is completely custom redesigned by Catalina Echevarria of CEU Studio and has been listed with Eloy Carmenate + Mick Duchon of Douglas Elliman.
Terra Group and The Related Group celebrated the groundbreaking of One Park Grove, the third and final tower of the elite residential enclave designed by OMA/Rem Koolhaas. The development, architecture and sales teams, as well as elected officials, commemorated the milestone with a shovel-in-hand ground breaking ceremony
The prestigious South Coconut Grove remains to be hot as 4131 Woodridge Road has just set a 2018 record for non-waterfront sales at $2.35 million. The property was listed for a mere 48 days before going under contract.
Sales have passed 50% as construction crews prepare to go vertical at Arbor Coconut Grove, where developers Urban Atlantic Group and Oak Ventures have announced a new sales gallery location at 3162 Commodore Plaza.
Just completed in 2017, 1781 Wa Kee Na Dr. in North Coconut Grove showcases the clean, contemporary luxury homes that have been transforming the neighborhood while maintaining the lush, tranquil vibe that attract so many to Coconut Grove. This modern residence features 5 bedrooms and 5 bathrooms spread over 2,850 SF.