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.
Touzet Studio is designing the project, named Mary Street. The building will provide a lobby, public and office parking, a covered valet drop-off, electric car charging stations, bicycle stations, and storage.
Terra recently completed another Coconut Grove project, the Grove at Grand Bay, a luxury condominium project designed by Bjarke Ingels Group.
Rendering courtesy of Terra/Touzet Studio.
Related Stories
Mixed-Use | Jan 29, 2024
12 U.S. markets where entertainment districts are under consideration or construction
The Pomp, a 223-acre district located 10 miles north of Fort Lauderdale, Fla., and The Armory, a 225,000-sf dining and entertainment venue on six acres in St Louis, are among the top entertainment districts in the works across the U.S.
Mixed-Use | Jan 26, 2024
Entertainment districts are no longer just about sports, dining, and music
Diversity of experiences is what makes entertainment districts tick these days. That’s one reason why offices continue to be included in district proposals. And in their efforts to emerge as year-round destinations, more districts are either including residential in their proposals or supporting existing districts with housing.
Mixed-Use | Jan 19, 2024
Trademark secures financing to develop Fort Worth multifamily community
National real estate developer, investor, and operator, Trademark Property Company, has closed on the land and secured the financing for The Vickery, a multifamily-led mixed-use community located on five acres at W. Vickery Boulevard and Hemphill Street overlooking Downtown Fort Worth.
Affordable Housing | Jan 18, 2024
Habitat tops off second apartment building at 43 Green
The co-developers of 43 Green celebrate the latest milestone for the $100 million, mixed-income, mixed-use project in Bronzeville: topping off Phase 2 while reaching full lease-up of the Phase 1 apartment building.
Adaptive Reuse | Jan 18, 2024
Coca-Cola packaging warehouse transformed into mixed-use complex
The 250,000-sf structure is located along a now defunct railroad line that forms the footprint for the city’s multi-phase Beltline pedestrian/bike path that will eventually loop around the city.
Sponsored | BD+C University Course | Jan 17, 2024
Waterproofing deep foundations for new construction
This continuing education course, by Walter P Moore's Amos Chan, P.E., BECxP, CxA+BE, covers design considerations for below-grade waterproofing for new construction, the types of below-grade systems available, and specific concerns associated with waterproofing deep foundations.
Sustainability | Jan 10, 2024
New passive house partnership allows lower cost financing for developers
The new partnership between PACE Equity and Phius allows commercial passive house projects to be automatically eligible for CIRRUS Low Carbon financing.
MFPRO+ Special Reports | Jan 4, 2024
Top 10 trends in multifamily rental housing
Demographic and economic shifts, along with work and lifestyle changes, have made apartment living preferable for a wider range of buyers and renters. These top 10 trends in multifamily housing come from BD+C's 2023 Multifamily Annual Report.
Mixed-Use | Nov 29, 2023
Mixed-use community benefits from city amenities and ‘micro units’
Salt Lake City, Utah, is home to a new mixed-use residential community that benefits from transit-oriented zoning and cleverly designed multifamily units.
Sustainability | Nov 20, 2023
8 strategies for multifamily passive house design projects
Stantec's Brett Lambert, Principal of Architecture and Passive House Certified Consultant, uses the Northland Newton Development project to guide designers with eight tips for designing multifamily passive house projects.