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Wednesday, August 21, 2013

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.

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1 Comments:

Blogger Brian Breslin said...

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.

August 26, 2013 6:15 PM  

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