May 22, 2017 Comments Off on Coconut Grove’s CocoWalk Plans Redevelopment Views: 384 Florida, National News, Southeast

Coconut Grove’s CocoWalk Plans Redevelopment

Rockville, MD-based Federal Realty Investment Trust plans to redevelop CocoWalk in Miami. Construction is expected to begin this summer at the 198,000-square-foot, three-level property located at 3015 to 3059 Grand Ave. in Coconut Grove.

The redevelopment team also includes two Florida-based companies, Grass River Property and Comras Co. The improvements will reflect a more modern, subdued design, and are slated for completion by mid-2018.

Earlier this spring, plans were announced to demolish 35,000-square feet of retail and build One CocoWalk, a five-story building with 73,000 square feet of office and up to 14,000-square feet of retail. The new plan includes adding 150,000-square feet of retail space, an open-air plaza designed to enhance the pedestrian streetscape, as well as cafe seating, water features and a landscape canopy.

Read more at South Florida Business Journal

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