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Terra Group
Since topping off in March, the crane is being removed at the Club Residences of Park Grove. One crane has been removed from Two Park Grove with the third crane coming down soon.
Previous construction photos of Park Grove can be viewed here.
Park Grove in Coconut Grove
Two Park Grove and the Club Residences have topped off in Coconut Grove with 80 percent of the units sold.
Construction has been completed on the new Coconut Grove Bank and is now open for business. Above the bank will be part of the pool and amenities for Park Grove.
Park Grove will also have a Michael Schwartz restaurant designed by Meyer Davis that is expected to open in a year.
Previous construction photos of Park Grove can be viewed here.
Coconut Grove Bank
The Coconut Grove Bank is getting closer to completion and should be ready to open soon.
Once the new bank is open, the original six story Coconut Grove Bank, built in 1959, will be demolished to make way for One Park Grove. One Park Grove is expected to begin construction this Summer.
Two Park Grove and the Club Residences are only a few floors away from topping off.
Photos of the Coconut Grove Bank under construction in August 2016 can be viewed here.
2850 Oak Avenue Coconut Grove
Coconut Grove is getting its first office building since 1989 at 2850 Oak Avenue, which is currently used as a parking garage.
The parking garage was purchased by Terra Group for $16 million at the beginning of 2016. They plan on converting the parking garage into a 75,000 square feet of office space and ground level retail, according to The Miami Herald. The building will be designed by Touzet Studio and is expected to be completed by mid 2018.
Across the street from the building is the under construction condominium Park Grove.
Park Grove in Coconut Grove
Construction is going quickly at Park Grove as The Club Residences and Two Park Grove continue to rise. Both towers are at the 12th floor and will top out at 20 stories. Previously, when we last looked in October 2015, both towers were at the 5th floor.
Park Grove, designed by Rem Koolhaas of OMA, are starting to have the windows installed on the lower portion of the towers. The amenities deck atop of the new Coconut Grove Bank is taking shape and will feature 4 pools.
Previous construction photos of Park Grove can be viewed here.
When we last looked at Park Grove in July, construction was just starting to go vertical on the project located in Coconut Grove.
The Club Residences, located on the North end of the property has reached the 6th floor. Two Park Grove, the middle tower has also reached the 6th floor which will top out at 20 stories.
Construction is also progressing on the new Coconut Grove Bank and is scheduled to open first quarter 2017. As soon as the new Coconut Grove Bank is completed, the current Coconut Grove Bank on the property will be demolished and construction will begin on One Park Grove. On top of the new Coconut Grove Bank, construction has already started on the amenities deck of Park Grove which will feature 4 pools, private cabanas and a signature restaurant by Michael Schwartz.
Read MoreThe 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.
