Italian restaurant planned for Commodore Plaza
Looks like we may have a new upscale Italian restaurant planned for Coconut Grove. The former Cita's place at 3176 Commodore Plaza has been purchased.
The 1965 free-standing structure needs a lot of rehab, it's been abandoned for two years now. MMA Real Estate is getting busy on the refurb and hopefully we'll have a new restaurant in town soon. They have an incredible back patio space which feels very old-Florida and Key West-like.
“MAA Real Estate’s decision to purchase in Coconut Grove is a further testament to the continued rebounding commercial real estate market happening all over South Florida,” said RESF Commercial's Gabriel Gonzalez. “I am excited to see this property converted from an abandoned shell to a jewel of a restaurant in the ever popular Commodore Plaza. I can’t think of a better group of restaurant operators who understand what the Grove means to Miami and long-time locals”
RESF Commercial's Director of Commercial Real Estate, Gabriel Gonzalez represented 3176 Commodore Plaza seller(s) in the transaction. Ricardo Dupond of Cervera Real Estate represented the buyers, MAA Real Estate.
Also coming to the Grove is the new place on Main Highway next to Greenstreets called Bar Nickle sort of named after the Barnacle across the street "Bar Nickle," get it? It was going to be called Hoops, but they changed the concept and the name. Stay tuned.
The 1965 free-standing structure needs a lot of rehab, it's been abandoned for two years now. MMA Real Estate is getting busy on the refurb and hopefully we'll have a new restaurant in town soon. They have an incredible back patio space which feels very old-Florida and Key West-like.
“MAA Real Estate’s decision to purchase in Coconut Grove is a further testament to the continued rebounding commercial real estate market happening all over South Florida,” said RESF Commercial's Gabriel Gonzalez. “I am excited to see this property converted from an abandoned shell to a jewel of a restaurant in the ever popular Commodore Plaza. I can’t think of a better group of restaurant operators who understand what the Grove means to Miami and long-time locals”
RESF Commercial's Director of Commercial Real Estate, Gabriel Gonzalez represented 3176 Commodore Plaza seller(s) in the transaction. Ricardo Dupond of Cervera Real Estate represented the buyers, MAA Real Estate.
Also coming to the Grove is the new place on Main Highway next to Greenstreets called Bar Nickle sort of named after the Barnacle across the street "Bar Nickle," get it? It was going to be called Hoops, but they changed the concept and the name. Stay tuned.
posted by Tom Falco at 10:02 AM
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7 Comments:
how is churrasquito doing? I haven't had time yet to go check it out (also they aren't doing any advertising!)
Fantastic to hear a great restauranteur as Maurizio Farinelli is opening up in Coconut Grove, looking forward to dining and wining at his new place soon.
Churrasquito needs to open up the curved column wall (Formerly a base for the windmill) and put some panel windows at street level so pedestrians and car traffic get a view of all the activity and the great ambiance inside the restaurant.
Bad investment thats gonna fail so bad.poor investers
Investers, what is that? Bad spelling, I think you mean investors. Don't worry, good business people will benefit the whole neighborhood, and you too.
I think the commentor was right bad choice to invest in the grove.
Grove has not even started and business is booming for those who can adapt. Otherwise there would not be 400 apartments going up on Grand bay and Coconut Grove bank lot. Some are priced $2 Million and up, Grove is going to become an super luxury exclusive residential neighborhood mainly picked by Asian, Brazilian, Russian and some Indian super rich for holiday homes once the casinos open in Miami.
I hope they use the outdoor space in back like Cita's did.
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