Park Grove

Coconut Grove Bank Construction Photos

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The New Coconut Grove Bank

The New Coconut Grove Bank

Construction on the new Coconut Grove Bank is making progress. The new bank building is expected to open by the first quarter of 2017.

The current six story Coconut Grove Bank on the Park Grove site was built in 1959 and is expected to be torn down as soon as the new bank is completed. 

While the new Coconut Grove Bank is being completed, construction on Two Park Grove is continuing and is in the process of going vertical. Park Grove is being developed by Terra Group and Related Group. Rem Koolhaas of OMA is the architect on the project.

Two Park Grove Is Going Vertical

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Construction on Park Grove

Construction on Park Grove

After starting construction a year ago, Two Park Grove is starting to go vertical in Coconut Grove.

In May of this year, the foundation pour took place where 860 tons of steel and 2,600 cubic yards of concrete was poured at Two Park Grove. The foundation pour will support the tower columns of Two Park Grove.

Park Grove is being developed by Terra Group and The Related Group. The project was designed by OMA and is their first residential project in the United States. OMA sourced inspiration from Florida’s barrier islands ideally stacked one on top to resemble the vertical shape of Coconut Palm Trees to create this striking façade. The project’s exterior allows daylight into the units while benefitting from Coconut Grove’s lush greenery and cool breezes from Biscayne Bay. 

Park Grove Going Vertical

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Park Grove Construction

Park Grove Construction

The luxury condominium Park Grove is starting to go vertical in Coconut Grove.

Park Grove will have three residential towers,  One Park Grove, Two Park Grove and Club Residences. One Park Grove will be a 20 story tower with 64 residential units. Prices for One Park Grove start at $4 million to $8 million and is 30% sold after two months of sales.

Local chef Michael Schwartz of Michael's Genuine Food & Drink and Harry's Pizzeria will open a 3,500 square foot restaurant at Park Grove that will be designed by Meyer Davis Studio. 

Park Grove is being developed by Terra Group and Related Group. The architect is OMA and Rem Koolhaas.

Previous construction photos can be viewed here.

Park Grove Event: Talk On Design & Food (Photos) + One Park Grove Renders

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Will Meyer, David Martin, Michael Schwartz & Carlos Rosso

Will Meyer, David Martin, Michael Schwartz & Carlos Rosso

On January 28th, Terra Group and The Related Group held an event at the Park Grove sales gallery discussing their plans and concepts for One Park Grove.

The event was curated by Terra Group President David Martin, with Chef Michael Schwartz speaking about the signature restaurant at One Park Grove and Will Meyer of Meyer Davis talking about the concepts and designs of the building. The Related Group's Carlos Rosso was also on hand and spoke about the resurgence of Coconut Grove.

Park Grove is located at 2701 South Bayshore Drive in Coconut Grove and will feature three towers. The third tower, One Park Grove, will be 20 stories with 54 residential units ranging from three to five bedrooms. Pricing for the units start at $2 million.

Recent construction photos can be viewed here.

One Park Grove Renderings

Park Grove Construction Updates

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Construction in Coconut Grove

After announcing Park Grove in the Summer of 2014, and starting construction earlier this year, work on the foundation is still taking place. Most of the parking has been removed and the Coconut Grove Bank will remain in operation while the work is done in phases.

Park Grove is being developed by Terra Group and Related Group that will consist of three residential towers and 300 units. Rem Koolhaas is the architect.

Construction Begins On Park Grove

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Park Grove in Coconut Grove

Next to the Ritz-Carlton, construction is starting on the first phase of Park Grove located in Coconut Grove. 

The project is being developed by Terra Group and The Related Group. Terra Group is also developing the under construction Grove at Grand Bay across the street. 

Curbed Miami has floorplans of two of the three towers here.

Park Grove Coming To Coconut Grove

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Coconut Grove Bank Will Be Demolished For Park Grove

Coconut Grove Bank Will Be Demolished For Park Grove

Slow to the residential boom of Miami is Coconut Grove, but that is all changing with the addition of Park Grove. 

Developers Terra Group and Related Group are joining together to create three towers that will consist of 300 units. The towers were designed by architect Rem Koolhaas.

Currently in it's place is the Coconut Grove Bank, which has been there for many years. The bank will have a smaller space in one of the towers, but will stay in where it is until the first phase of the project is completed. 

The site is located near Grove at Grand Bay, which was once the site of the iconic Grand Bay Hotel. Across from Park Grove will be the new Regatta Park, which will give residents views of Biscayne Bay. 

Groundbreaking is expected early 2015.