Terra and River Grass Property deliver on Grove Central

Terra and River Grass Property deliver on Grove Central

  • Frai
  • 01/26/24

Grove Central, a new mixed-use multimodal complex in Miami's Coconut Grove neighborhood, stands as a testament to smart development in South Florida. Developed by Terra and Grass River Property, Grove Central is a mixed-use development located at the Coconut Grove Metrorail Station.

 

 

It offers a rare opportunity to access a market with high barriers to entry and boasts a prime location right on the Metrorail line, making it easily accessible for riders from the greater Miami area, including Pinecrest, Brickell, Dadeland, and the airport.

This fully-entitled site is designed as a transportation hub with a micro-retail village anchored by retailers, creating a dynamic urban landscape in Miami's growing world-class city.

Grove Central is poised to connect visitors to work, play, shop, dine, and enjoy various activities. It promotes a pedestrian and bike-friendly lifestyle, offering thoughtful green spaces and a reenergized plaza, all closely synced and populated with a lively mix of uses. Additionally, it will feature a variety of amenities, including a rooftop pool deck, theater room, gym, spa, and pub room, offering fun, fitness, and relaxation throughout the year.

Residents can expect to enjoy stunning views of Coconut Grove, Biscayne Bay, and downtown Miami from their balconies. The property provides a range of apartment residences, from studios to five bedrooms, featuring modern finishes and resort-like amenities

A Transit-Oriented Development at the Heart of Coconut Grove

Grove Central consists of a residential tower that spans 23 stories and offers 402 units for multifamily living, workforce housing, and co-living arrangements. This wide variety of housing choices caters to a diverse range of lifestyles and individual needs. The tower is accompanied by a brand-new public parking garage with a capacity of 1,250 spaces, as well as approximately 170,000 square feet of retail space that serves the local neighborhood. Among the retail options are popular brands such as Target, Sprouts Farmers Market, Total Wine & More, Five Below, and Club Studio.

A Public-Private Partnership for Community Development

Grove Central emerged as a successful collaboration between Terra, Grass River Property, and Miami-Dade County, establishing a remarkable public-private partnership. In line with the County's initiative to enhance connectivity and improve the overall quality of life, this development was erected on land owned by the County. This partnership not only yielded a groundbreaking project but also brought substantial economic advantages to the community.

Under the guidance of Miami-Dade County Mayor Daniella Levine Cava, Grove Central signifies a significant milestone in fostering community expansion. The undertaking has created over 1,600 employment opportunities in the construction sector and close to 500 permanent positions, both full-time and part-time. Additionally, it has generated considerable lease revenue for the County and will contribute property tax revenues for the first time in the history of the site. Mayor Levine Cava underscores the importance of projects such as Grove Central in shaping the future of Miami-Dade, transforming it into a more livable, pedestrian-friendly, and sustainable area.

Coconut Grove, one of Miami's most desirable neighborhoods

Situated at the entrance of one of Miami's most sought-after neighborhoods, Coconut Grove, Grove Central offers residents unparalleled access to the area's natural beauty and vibrant cultural scene. Known for its picturesque waterfront along Biscayne Bay and lush tree canopy, Coconut Grove exudes a unique charm. In addition to the numerous on-site amenities, Grove Central residents are within walking distance or a short bike ride from an array of parks, art galleries, trendy shops, restaurants, bars, and nightlife options. The combination of urban conveniences and natural splendor creates an enchanting neighborhood that residents can truly call home.

Photo source: Terra

Tags
#Terra, #GrassRiverProject, #GroveCentral, #CoconutGroverealestatemarket, #CoconutGrovecondos, #CoconutGrovereal estate, #TheAPTTEAM

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