Tuesday, February 21, 2017

Coconut Grove’s newest mixed-use development springs from a converted parking garage

A new mixed-use development in Miami’s Coconut Grove neighborhood looks to take a 402-space parking garage and convert it into a mixed-use office building.

The project, which is being developed by Terra and Mayfair Real Estate Advisors, will create 75,000 sf of Class A office space, 20,000 sf of ground floor retail, and parking, according to Curbed Miami. The parking structure was purchased by Terra in January 2016 for $16 million.

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