Demolition begins for Coconut Grove renovation
Wrecking balls this week began taking down a section of a retail center Miami’s famed Coconut Grove district to make way for a new mixed-use development.
The demolition of the east building of CocoWalk will make room for an 85,000-sq.-ft. office building and 20,000 sq. ft. of retail to be completed by the end of 2019. A remodel of the west side of the project is underway, with tenants including Cinepolis, YouFit, Chase Bank, and The Gap.
The new CocoWalk is a joint venture of Federal Realty Investment Trust, Grass River Property, and the Comras Company, which acquired CocoWalk in 2015 with a mission to upgrade it to the standards of the neighborhood’s changing population.
Companies such as General Electric, Sony Music, and Virgin Hotels have opened offices in Coconut Grove, leading to a need for more office space and amenities such as public spaces and restaurants.
“The community has been waiting for a new and improved CocoWalk for years,” said Federal Realty’s Chris Weilminster, who promised chef-driven restaurants and unique retail offerings.
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The demolition of the east building of CocoWalk will make room for an 85,000-sq.-ft. office building and 20,000 sq. ft. of retail to be completed by the end of 2019. A remodel of the west side of the project is underway, with tenants including Cinepolis, YouFit, Chase Bank, and The Gap.
The new CocoWalk is a joint venture of Federal Realty Investment Trust, Grass River Property, and the Comras Company, which acquired CocoWalk in 2015 with a mission to upgrade it to the standards of the neighborhood’s changing population.
Companies such as General Electric, Sony Music, and Virgin Hotels have opened offices in Coconut Grove, leading to a need for more office space and amenities such as public spaces and restaurants.
“The community has been waiting for a new and improved CocoWalk for years,” said Federal Realty’s Chris Weilminster, who promised chef-driven restaurants and unique retail offerings.
Connect with me on LinkedIn | Follow me on Twitter