Cocowalk In Coconut Grove Sold For $87.5M

May 05, 2015 in Coconut Grove, Miami, Real Estate

The outdoor shopping mall in Coconut Grove called Cocowalk has sold for $87.5 million, according to the Miami Herald.

Federal Realty Investment Trust purchased the mall from PMAT Real Estate Investments who bought it for $87 million in 2006.

The mall opened in 1990 across from the Mayfair hotel and was a popular attraction when first opened. In recent years, tenants have left leaving as much as 20% of the space vacant.

However, Coconut Grove is seeing a resurgence in the area with the addition of Grove at Grand Bay, Regatta Park, and tenants such as the Clyde Butcher Gallery Coconut Grove, Harry's Pizzeria and Panther Coffee in the Engle Building.

Toxic Soil Found In Regatta Park

March 17, 2015 in Coconut Grove, Miami

Regatta Park in Coconut Grove is found to have contaminated soil, according to the Coconut Grove Grapevine.

Although the area was never used as a city dump the contaminated soil could have come from when the land was used as a Pan-Am terminal.

The clean up is causing a delay in the development of Regatta Park.

Grove At Grand Bay Close To Being Topped Out

February 26, 2015 in Bjarke Ingels, Coconut Grove, Condo, Construction, Golden Dusk Photography, Grove at Grand Bay, Miami, Terra Group, Facchina Construction, Desimone Engineers

The Grove at Grand Bay is an architectural marvel located in Coconut Grove, Miami. When you drive into Coconut Grove the two twisting towers immediately catch your eye and are gorgeous to look at. At night is when the towers really come to life and the twisting columns are more pronounced and prominent.

The two twenty story towers were designed by architect Bjarke Ingels and developed by Terra Group. Both the towers are a floor away from being topped out to their maximum height.

Previous photos of construction can be seen here.

Arquitectonica To Design Master Plan For Coconut Grove Playhouse

February 04, 2015 in Abandoned, Arquitectonica, Coconut Grove Playhouse, Coconut Grove, Miami

Riders Pass Along the Coconut Grove Playhouse

The Coconut Grove Playhouse, which has been abandoned since April 2006 is taking steps for what could be a rebirth of the theater.

Coconut Grove based architect firm Arquitectonica has won a bid to design a master plan for the Playhouse, according to the Miami Herald.

Miami-Dade County has $20 million towards the theater's renovation and see if it can hold an additional larger theater with a parking lot.

The proposed plan will go to County Commissioners in March or April.

The New Look Engle Building In Coconut Grove

January 20, 2015 in Arquitectonica, Coconut Grove, Miami

As part of the new re-emergence of Coconut Grove with new towers including Grove at Grand Bay, Park Grove and the soon to be built waterfront development, is the Engle building.

Located at 2980 McFarlane Road, the Engle building is owned by the Fort family, which is well known for their Miami based architect firm Arquitectonica. Arquitectonica also redesigned the building. New tenants in the building include Harry's Pizzeria, Panther Coffee, Büro Group and a Clyde Butcher gallery, according to the Real Deal.

The intersection where the building is located is one of the main focal points of the Grove and with the potential addition of a bookstore, juice bar and bakery will only further help create the rise of Coconut Grove once again.

Coconut Grove Waterfront Development Being Delayed

December 18, 2014 in Coconut Grove, Golden Dusk Photography, Miami, Grove Bay Hospitality

A lawsuit against the Grove Bay Investment Group LLC filed by Stephen J. Kneapler that was dismissed, is now under appeal.

Because of the lingering lawsuits, Scotty's Landing and the Chart House have agreed to remove the December 31, 2014 termination license and continue on a month to month basis, according to Miami Today.

In 2013, City Commissioners agreed to allow Grove Bay Investment Group LLC to develop 7 acres of waterfront land for $18 million that will include a Shula's and Oceana, Pub & Grub and retail space. Voters approved of the plan in November 2013.

Grove at Grand Bay - Rising & Twisting In Coconut Grove

December 01, 2014 in Bjarke Ingels, Coconut Grove, Condo, Construction, Golden Dusk Photography, Grove at Grand Bay, Miami, Terra Group, Facchina Construction, Desimone Engineers

When you drive into Coconut Grove from Brickell, the first thing you notice is the Grove at Grand Bay under construction at the site of the now demolished Grand Bay Hotel Coconut Grove.

The two towers are spiraling to the height of 20 stories and is in the process of building the 13th floor.

Windows are being installed on the lower floors and the lower level pool has been built out.

Previous photos can be seen here.