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.
Read MoreBayfront Manse In Coconut Grove's Exclusive Anchorage Way Previously Owned By Alonzo Mourning Hits Market For $11.999 Million
Located on the exclusive Anchorage Way in Coconut Grove, this luxurious manse previously owned by the Miami Heat's Alonso Mourning has hit the market for $11,999,000. The massive townhome is one of only five rarely available properties in the exclusive Anchorage Way community.
Read MoreThe Markers Grove Isle Given The Green Light To Move Ahead With Development On Grove Isle
Afters nearly 5 years of litigation, The Markers Grove Isle, located on Coconut Grove's Grove Isle, has reportedly received the green light to move ahead with sales. No construction permits have been issued at this time as the anti-development movement against the project has not backed down.
Read MoreWill Van Der Vlugt Lists His Kobi Karp-Designed Contemporary Mansion For $22 Million
Dutch film director Will Van Der Vlugt has listed his Kobi Karp designed mansion for $22 million. The waterfront contemporary estate features 21,233 SF of living space spread over 5 bedrooms and 8 bathrooms. The home blends indoor and outdoor living, bringing Biscayne Bay into the residence
Read MoreMEC Development Associates & B Developments Locks Down Construction Financing For Casa Grove, To Break Ground In January
MEC Development Associates and B Developments plan to break ground on Casa Grove in January. The developers who are developing the project as a joint venture recently locked down a $27 million construction loan for the approved luxury apartment tower from Israeli lender Bank Hapoalim (BHI).
Read MoreGlasshaus Coconut Grove Is Now 30% Sold, To Break Ground in January
Glasshaus Coconut Grove, which is being developed by GD.8 and Element Development, LLC. and designed by Varabyeu Partners, is expected to begin construction in January. The boutique condo-building is reportedly 30% sold, with 7 of its 23 residences under contract.
Read MoreFeatured Listing: Relax In A Tropical Coconut Grove Luxury Oasis Designed By Charles Treister
From the designer of the infamous Zen Treehouse in Coconut Grove, Charles Treister has brought his relaxing tropical vibes to another project in Coconut Grove. 3525 Royal Palm Avenue features 7 bedrooms and 8.5 bathrooms spread over 5,746 SF. The home features 23' ceilings in the main living room, retractable glass walls to seamlessly blend indoor and outdoor living
Read MoreDevelopers Jeremy Waks of Oak Ventures (L) and Nick Hamann (R) of Urban Atlantic Group (C).
Construction Update: Arbor Breaks Ground in Downtown Coconut Grove
Arbor has officially broken ground in Coconut Grove after they demolished most of the existing structure that previously stood on the property located at 3034 Oak Ave. Arbor is being developed by Urban Atlantic Group and Oak Ventures, LLC. Arbor. The condominium building is an eco-living inspired development that will rise 5-stories and feature 52 units.
Read MorePark Grove Hosts Panel Discussion On The Future of Coconut Grove With Terra and Related Group
Park Grove, led by Miami-based mega-developers Related Group and Terra, hosted a panel discussion on the new developments and future of one of Miami's oldest neighborhoods, Coconut Grove. The Lunch and Learn panel highlighted the evolution of Coconut Grove and new happenings in the retail, culinary, commercial, design and architecture sectors.
Read MoreOptimum Group Hosts Groundbreaking Ceremony for “The Optimum,” Their New Coconut Grove Office Tower
Optimum Group, a global real estate investor and leading developer, hosted a formal groundbreaking ceremony and champagne reception to celebrate the construction commencement of The Optimum, a new class A office tower in Coconut Grove. Mayor Tomás Pedro Regalado spoke briefly on Coconut Grove’s rich history and Optimum’s commitment to enhance the neighborhood’s revitalization as well as company’s ongoing contribution to evolve South Florida communities and growing businesses.
“As the first new Class A office building in over 25 years that fulfills the much-needed commercial and retail component in the center of one of Miami’s most historic community, ‘The Optimum’ is our response for those who are looking to live, work and play in the neighborhood,” said Ricardo Tabet, ceo of Optimum Group. “The space will not only complement The Groves’ lush landscaping and understated aesthetic, but will contribute to the neighborhood’s electrifying renaissance.”
The Optimum is a 5-story, class A office tower in the heart of the Grove. The Optimum is being designed by Arquitectonica, who took cues from Coconut Grove lush folliage including raking the buildings’ facades in natural cement and wood to blend seamlessly into Coconut Grove. The development will entail 44,000 SF of office space and 6,500 SF of ground floor restaurant space which is expected to feature a high-end restaurant along with a rooftop lounge that offers dramatic, panoramic views of Biscayne Bay. Optimum Development USA paid $8.5 million for the assemblage in 2014 and has since taken a $21.5 million loan on the property. The Optimum is located at 3480 Main Highway in Coconut Grove and is expected to be completed by 2018 with occupancy in just 16 months.
