Homes of Desire

Cocowalk Sells for $87.5 Million May 14th, 2015

Cocowalk has been sold for $87.5 million. Coconut Grove had hit a bit of a rough patch with the emergence of Brickell and Midtown becoming popular dining and nightlife areas, combined with the Grove’s need of a facelift with more high end, trendy retail and dining. This purchase comes at a time when some of those trendy establishments are starting to filter into the area such as Farinelli 1937, Harry’s Pizza and Panther Coffee just to mention a few. This is an exciting time for Grovites as the walk-
everywhere lifestyle they enjoy will be greatly enhanced by a revamped Cocowalk.

Categories: City News

This entry was posted on Thursday, May 14th, 2015 at 4:09 PM and is filed under City News. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.