23,500-SF Lease Marks Major New-To-Market Expansion For CRE Finance Firm
While set to open in 2025, the building is already 25% pre-leased.
While set to open in 2025, the building is already 25% pre-leased.
The newly completed transit-oriented development includes mixed income apartments and neighborhood retail along the Miami-Dade Metrorail corridor at the entrance to Coconut Grove.
Grove Central, located at the intersection of US-1 and SW 27th Avenue, includes a 23-story residential tower with 402 multifamily, workforce and co-living units, a new 1,250-space public parking garage, and approximately 170,000 square feet of neighborhood retail.
The 635-foot-tall building will have 312,058 square feet of office space, 29,109 square feet of commercial space, and 671 parking spaces.
The 78,000-square-foot lifestyle-driven retail development spans 5.2-acres.
The 135,000-square-foot shopping center in Pembroke Pines is anchored by Publix Supermarket and Burlington.
The site is the largest undeveloped waterfront property in Miami’s urban core.
The project will include a 23-story residential tower with 402 multifamily units, a 1,250-space public parking garage and approximately 170,000 square feet of neighborhood-oriented retail anchored by Target.
The master plan includes up to 1,200 market-rate residential apartments, green space for residents, an office building, and a revamped shopping center with 300,000 square feet of lifestyle-oriented retail and restaurant space.
The first phase of construction will begin in the second quarter of 2016. CLICK ON THE HEADLINE FOR MORE
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