Posts Tagged With 'grove at grand bay'

The Grove at Grand Bay Is Coming to Miami's Coconut Grove Neighborhood

The Grove at Grand Bay Is Coming to Miami’s Coconut Grove Neighborhood

Posted in Luxury Real Estate, Miami | No Comments

The Terra Group plans to break ground on a new, luxury condominium in Coconut Grove on June 5th. The Grove at Grand Bay features eco-conscious design and panoramic views of Sailboat Bay, the marina and the city skyline.

The luxury development consists of two 20-story glass towers that twist to showcase the most inspiring views. Designed by Danish architect Bjarke Ingels, the Grove at Grand Bay has 98 units, with prices for a 3-bedroom residence starting at 3 million dollars. The exclusive waterfront condos will feature floor-to-ceiling glass and large balconies.

Currently, the 59-unit North Tower is nearly sold out. Sales in the South Tower began a few month ago. The project has a projected 2014 completion date.

Source: The Miami Herald

Grove at Grand Bay, Waterfront Condos in Miami

Grove at Grand Bay, Waterfront Condos in Miami

Read More

New Condominium Towers Coming to the Grove Waterfront

New Condominium Towers Coming to the Grove Waterfront

Posted in Florida Economy, Luxury Real Estate, Miami | No Comments

A new luxury oceanfront condo development will replace the historic Coconut Grove Bank. The bank’s board recently approved the selling of the five-acre property to the Miami-based Terra Group.

The new luxury condo buildings will contain 200 units will be 20 or less stories. The condo towers will be situated between Biscayne Bay and the Ritz-Carlton.

“We felt this is one of the best sites that could be developed in Miami-Dade County,” said Pedro Martin, a Miami lawyer who runs and owns Terra with his son, David.

Miami is seeing its share of new condo developments. The Terra Group also recently made plans to transform the nearby Grand Bay hotel into a luxury high-rise development called the Grove at Grand Bay. Prices will range between $2 million and $6 million.

“We think it will help the entire marketplace,’’ Martin said of the planned project. “We’re very bullish on this area. There’s less traffic [in the Grove]. There’s more residential. It has greenery. We have great views.”

Source: Miami Herald

 

grove at grand bay, miami

Grove at Grand Bay

Read More