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Park Grove
Construction in Coconut Grove
After announcing Park Grove in the Summer of 2014, and starting construction earlier this year, work on the foundation is still taking place. Most of the parking has been removed and the Coconut Grove Bank will remain in operation while the work is done in phases.
Park Grove is being developed by Terra Group and Related Group that will consist of three residential towers and 300 units. Rem Koolhaas is the architect.
Park Grove in Coconut Grove
Next to the Ritz-Carlton, construction is starting on the first phase of Park Grove located in Coconut Grove.
The project is being developed by Terra Group and The Related Group. Terra Group is also developing the under construction Grove at Grand Bay across the street.
Curbed Miami has floorplans of two of the three towers here.
Coconut Grove Bank Will Be Demolished For Park Grove
Slow to the residential boom of Miami is Coconut Grove, but that is all changing with the addition of Park Grove.
Developers Terra Group and Related Group are joining together to create three towers that will consist of 300 units. The towers were designed by architect Rem Koolhaas.
Currently in it's place is the Coconut Grove Bank, which has been there for many years. The bank will have a smaller space in one of the towers, but will stay in where it is until the first phase of the project is completed.
The site is located near Grove at Grand Bay, which was once the site of the iconic Grand Bay Hotel. Across from Park Grove will be the new Regatta Park, which will give residents views of Biscayne Bay.
Groundbreaking is expected early 2015.
