Category: INDUSTRY NEWS

Affordable Apartments Slated For Coconut Grove

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It’s expected many of the people who will be selected as tenants of the lower-priced apartments are from everywhere but Coconut Grove, due to guidelines set forth by federal housing officials for the recent apartment lottery. CLICK ON THE HEADLINE FOR MORE

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Lender Seeks Foreclosure Of Stalled Arbor Residences Project In Coconut Grove

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Trez Capital filed a foreclosure lawsuit against the developer alleging the company failed to repay its nearly $21 million loan and failed to complete the five-story, 48-unit building. Prices for single-family homes and condos in the Grove have skyrocketed, and buyers at the Arbor are likely even more outpriced than they were before. Rising construction costs, labor issues and supply chain problems are affecting developers, as well. CLICK ON THE HEADLINE FOR MORE

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Mayfair House Hotel Reopens After $50 Million Renovation

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History is endangered in Coconut Grove these days. The charming old bungalows are being replaced by huge concrete cubes at an alarming rate, and gentrification threatens the historic Black Grove neighborhood. The new Mayfair, however, pays tribute to everything that made the Grove special. CLICK ON THE HEADLINE FOR MORE

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Luxury Hotel Group Moves Headquarters To Miami’s Coconut Grove From Los Angeles

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SH Hotel & Resorts has leased 5,800 square feet on the fifth floor of Bayview Executive Plaza, in Coconut Grove.. The decision to move its headquarters from Los Angeles to Miami was made last year in order to be closer to 1 Hotel South Beach and the substantially completed headquarters of SH Hotels’ parent company, Starwood Capital Group, a private investment firm with $120 billion under management. CLICK ON THE HEADLINE FOR MORE

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New Retro Waterfront Restaurant In Coconut Grove Is Open: Here’s A First Look

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The long-awaited restaurant and bar at the nine-and-a-half acre Regatta Harbour development now occupies the former space of funky old Scotty’s Landing, in the shadow of the first Pan American seaplane terminal. The retro-chic restaurant takes full advantage of its waterfront location, allowing guests to arrive by land or by sea. CLICK ON THE HEADLINE FOR MORE

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