Allen Morris Co. Announces Mixed-Use Development In Coconut Grove

Allen Morris Co. announced plans for a transformative new mixed-use development in the heart of Coconut Grove.

Plans invite the community in and complement the natural environment of the Grove and enhance walkability.

The project, located at 3101 Grand Avenue at the intersection of Grand Avenue, Matilda Street and Florida Ave, will span approximately 1.7 acres and include an office, residential, and retail component, all of which reflect the vibrant and unique character of Coconut Grove. The project’s name is still being finalized.

The proposed development will include a five-story office building comprising 100,000 square feet of world-class office space, a three-story condominium building with 20 ultra-luxury residences, and approximately 40,000 square feet of retail space on the ground floor of the two structures. A standout feature of the project will be a rooftop restaurant offering panoramic views of Biscayne Bay.

The development will also feature pedestrian-friendly paseos leading to a central interior courtyard filled with lush plantings that will create a relaxing environment for residents, workers and visitors alike. The ground floor retail spaces will spill into this area, with plans for a mix of shops, restaurants, and wellness-oriented concepts.

Prices will range from $2.5m to $8m.

The Allen Morris Company will be partnering with The Espinosa Family on the development, a long standing and well-regarded family in the Grove who have owned and operated a business on the parcel since 1961. They plan to open a new location nearby, within Coconut Grove, to continue operations and will open an outlet of Coconut Grove Laundry & Cleaners on the site once the property is redeveloped.

As evidence of its commitment to the project and the community, The Allen Morris Company will be moving their corporate headquarters to the proposed office building where they plan to occupy approximately 15,000 square feet.  The firm, however, will maintain its family office presence at Alhambra Towers in Coral Gables.

“This site is the jewel at the center of historic downtown Coconut Grove. We feel strongly compelled to create a project on the site that captures the essence of The Grove: blending the natural and built environments and harmonizing through its design the residential and commercial elements of this neighborhood,” says Spencer Morris, President of Allen Morris Co. “Moving our corporate offices to Coconut Grove is also a defining moment in our 66-year history.”

 

“It was essential for us to ensure the project embodies the incomparable spirit of Coconut Grove and contributes positively to the neighborhood while allowing us to continue to serve Coconut Grove and surrounding areas where we have operated our business for more than 60 years,” said an Espinosa Family representative. “Our desire was to create something we could take pride in—an endeavor that leaves a meaningful and lasting legacy for future generations, and we believe we have found the best partner possible in Allen Morris Co. because of their commitment to embrace and preserve the Grove’s uniqueness.”

Ryan Holtzman, Andrew Trench and Brian Gale with Cushman & Wakefield will manage office leasing alongside Thad Adams with The Allen Morris Company. The Saddy Delgado team with ONE Sotheby’s International Realty will oversee condominium sales. Daniel Cardenas and Michael Sullivan with Vertical Real Estate will lead the retail leasing efforts.

“The project will redefine the office experience in Coconut Grove, combining cutting-edge architecture, state-of-the-art amenities and a deep connection to the vibrant Grove community,” added Holtzman, Executive Managing Director, Cushman & Wakefield. “It will set the gold standard in the office world—offering tenants an unparalleled blend of style, warmth and inspiration.  It will undoubtably drive a flight to quality, drawing Miami’s top firms and attracting new-to-market firms from leading global cities.”

Designed by Oppenheim Architecture, the development will be a captivating addition to Coconut Grove’s landscape, blending the area’s rich natural surroundings with modern architectural elements. The building will incorporate lush plantings, with oolite stone cladding and other natural materials throughout the design to compliment the neighborhood’s distinctive style.  Andres Arcila with Naturalficial will direct the landscape design for the project.

“This project sets a new standard for luxury living in Coconut Grove, a market that continues to be one of the most sought-after in South Florida,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “The residences present a rare opportunity to own a home in a Chad Oppenheim-designed building located at the center of it all—with unbeatable walkability and access to the best of the neighborhood. We are proud to represent a development of this caliber and contribute to the continued evolution of Coconut Grove.”

In addition to the development’s focus on community and sustainability, Allen Morris Co. and the Espinosa family are proposing to partner with the City of Miami by agreeing to manage and financially contribute to a series of public improvements to the nearby Kirk Munroe Park and Fuller Street that will realign the civic heart of Coconut Grove and reinforce the neighborhood’s pedestrian character.

 

 

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