Is Coconut Grove Bank historic?
According to www.ExMiami.Org, Jorge Perez and Stephen Ross have partnered with Terra Group to buy the 5.2 acre Coconut Grove Bank site for $55 million. The sale was recorded on August 2nd.
Two 20-story condo towers are likely to be built on the site, but Terra and Related could run into headwinds from preservationists who consider the Robert Law Weed-designed building to be the epitome of the ‘Miami Modern’ style.
posted by Tom Falco at 9:31 PM
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1 Comments:
i don't think the grove bank building is historic, it was built in the 50s or 60s and is pretty run down. it is on prime waterview land though.
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