Rem Koolhaas

Park Grove Going Vertical

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.

Construction In Faena District Progressing (Photos)

Construction In Faena District Progressing (Photos)

Since we last looked at the $1 billion Faena District between 32nd and 35th Collins Avenue on Miami Beach in October 2015, Faena House and Faena Hotel have opened.

At the front of Faena House, designed by architect Foster + Partners, is a sculpture by artist Jeff Koons called "Coloring Book." The penthouse at Faena House was sold for a record $60 million, but has since been put on the market for an asking price of $73 million.

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Park Grove Construction Updates

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.

Faena District Construction Moving Quickly

Faena District in Miami Beach

In Miami Beach, The Faena District is progressing quickly. Units at Faena House have begun closing including a the penthouse unit, which was sold for a record $60 million to a billionaire Hedge Fund CEO.

Faena Forum is also moving along quickly since we last looked in July and construction has started on Faena Bazaar and Faena Park. 

Faena has released images that preview the hotel rooms. The images can be seen at Facebook on Gridics: Real Estate News, Data & Analytics.

Faena District Construction Updates

Fauna District on Miami Beach

Fauna District on Miami Beach

Over on Miami Beach, the Faena District is making progress. The Faena Versailles is completed gutted and the Versailles sign has been removed from the building. 

The biggest progress has been made on Faena Forum, which will be an arts and culture center. Faena Forum is expected to open this December for Art Basel.

Previous photos can be seen here.

Construction Begins On Park Grove

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.

A Look At Faena District Miami Beach

A Look At Faena District Miami Beach

Construction has been going on for awhile now at Faena District on Miami Beach, which will include Faena House, Faena Residences, Faena Hotel and Faena Forum. Curbed Miami has the renderings of Faena Versailles here. The Faena Versailles, which used to be the Versailles Hotel will be restored. Faena Residences will include the restoration of what used to be the Saxony Hotel.

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