The Allen Morris Co., one of the most renowned real estate firms in the Southeast U.S., has officially broken ground on Ziggurat, its highly anticipated mixed-use development in the heart of Coconut Grove. Located at 3101 Grand Ave., Ziggurat is a bespoke sanctuary for the community to live, work and gather, introducing world-class office, residential and retail offerings while honoring the neighborhood’s character, walkability and natural beauty.
The milestone was celebrated with a lively block party at the Ziggurat Sales Gallery, where project partners, top brokers and community members gathered for an evening that reflected the spirit of the neighborhood. Guests enjoyed live music alongside curated wine offerings, Italian specialties by Stanzione, charcuterie by Chèvre and jamón ibérico by Cinco Jotas.
Developed in partnership with the Espinosa family, Ziggurat is supported by a $138.5 million construction loan from BDT & MSD Partners and BHI. Completion is anticipated in early 2028.
W.A. Spencer Morris, President of The Allen Morris Co., Daniel de la Vega, President of ONE Sotheby’s International Realty, and Ziggurat sales team Justin Neyra and Sean Presti addressed attendees, highlighting the long-term vision, collaboration and commitment behind the project, which is already 65% sold.
“Breaking ground at Ziggurat marks an important moment not just for our company, but for Coconut Grove,” said W.A. Spencer Morris. “This project reflects a long-term vision to deliver a thoughtfully designed, mixed-use destination that enhances the neighborhood while setting a new standard for quality and integration.”
Ziggurat will comprise two architecturally distinct buildings: a five-story, 100,000-square-foot trophy office tower and a three-story residential building featuring 18 ultra-luxury condominium residences above approximately 45,000 square feet of ground-floor retail.
Cristina Espinosa, Spencer Morris, Justin Neyra, Sean Presti & Daniel De La Vega
Designed by Oppenheim Architecture with interiors by Collarte Interiors, the development blends natural stone, lush landscaping and modern architecture to create an open, pedestrian-oriented environment. Open-air paseos will lead to a central courtyard activated by bistros, boutiques and wellness offerings, while the office tower’s rooftop will feature a restaurant and lounge by a local Michelin-starred chef with views of Biscayne Bay.
“Ziggurat stands apart in the market for its emphasis on experience and authenticity,” said Daniel de la Vega. “From the residences to its one-of-a-kind sales gallery, the project reflects the character of Coconut Grove while delivering the design and placemaking today’s buyers seek.”
The residential component, exclusively represented by ONE Sotheby’s International Realty, will offer residences ranging from approximately 1,254 to over 5,000 square feet, priced from $3.5 million to $15 million. Homes will overlook the soon-to-be revitalized Kirk Munroe Park, which is slated for an $8 million renovation through a partnership between The Allen Morris Co. and the City of Miami.
For additional information on any facet related to the development, contact info@zigguratcoconutgrove.com or ONE Sotheby’s International Realty at 786-926-5051.
Spencer Morris, President of Allen Morris Company
Demetri Demascus, Christian Iacovelli & Adrian Rahimi
Daniel de la Vega, CEO of ONE Sotheby’s International Realty
Justin Neyra, Sean Presti & Daniel de la Vega
Alejandro Gonzalez, Jeronimo Fernandez & Pelayo Rodriguez
Enrique Pineiro, Andrew Trench & Daniel Cardenas
Spencer Morris, Justin Neyra, Sean Presti & Daniel de la Vega
Andres Hoyos, Scott Flatley, Carmine Berardi, Mario Naar, Derek Cardenas, Amanda Brown, Constanza Collarte & Spencer Morris
Justin Neyra & Sean Presti
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Images via Allen Morris Company
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The Allen Morris Co., one of the most renowned real estate firms in the Southeast U.S., has officially broken ground on Ziggurat, its highly anticipated mixed-use development in the heart of Coconut Grove.