Grove Isle’s first new residential development in decades is one step closer to completion. Renowned real estate developer Ugo Colombo’s CMC Group has topped off construction of Vita at Grove Isle, a 65-unit ultra-luxury condominium on the 20-acre private island of Grove Isle, situated just offshore of Miami’s Coconut Grove neighborhood.
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Construction Passes Halfway Point of CMC Group's Vita at Grove Isle in Coconut Grove
Ugo Colombo’s CMC Group has surpassed the halfway point of construction at Vita at Grove Isle, a seven-story boutique luxury condominium taking shape on Grove Isle, a private 20-acre island just offshore of Miami’s Coconut Grove neighborhood.
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CMC Group Locks Down $239 Million Construction Loan for Vita at Grove Isle in Coconut Grove
CMG Group, led by Ugo Colombo, has locked down a $239 million construction loan for Vita at Grove Isle, an ultra-luxe boutique condominium under construction on the exclusive private island of Grove Isle situated just offshore of Miami’s Coconut Grove neighborhood. The financing was provided by Bank OZK to fund the ongoing development of the seven-story condominium.
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Ugo Colombo's CMC Group Breaks Ground On Ultra-Luxury 'Vita at Grove Isle' in Coconut Grove
One of Miami’s most renowned luxury developers, Ugo Colombo of CMC Group, has broken ground on Vita at Grove Isle, set to be his most sophisticated residential development to date. The ultra-luxe boutique condominium is located on the exclusive Grove Isle, a 20-acre gated private island situated just offshore of the city’s trending Coconut Grove neighborhood. The seven-story development, which is being built on the island’s last remaining waterfront parcel.
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