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Tuesday, September 29, 2015

Village West property is perfect for a hotel

A Village West property is up for sale at 3280 Grand Avenue. That's the car wash at the former gas station site, across from CVS. Development on that site has been talked about for years. The lot is 14,953 square feet, not too large, but it can accommodate a 44 unit hotel and wellness center which are part of the sales brochure. Nothing has been sold but there are renderings of the proposed project, of what could be - a South Beach, South of 5th-style place.

Permit uses include commercial, multi-family, hotel and residential, including 33 zoned parking spaces; the gross development is 59,812 square feet. 138 feet front Grand Avenue.

The spec for the hotel does look nice though, it's a nice low rise-style design.

The property is listed for $4,200,000, but the average listing price for that area and that size lot is $1.2 million, so it could sit on the market for awhile since they are asking 3.5 times the comps.

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2 Comments:

Blogger Coconut Grove Art Blog said...

10/15 years ago a neighbor commented about all the Mac Mansions and the resulting traffic, and more recently all those high rises being constructed on or about 27th Avenue on both sides of U.S. # 1., down to Bay Shore Drive & I was neutral throughout. Here, now, today traffic has increased on Gifford Lane from a few cars during early AM & PM, to and from work, to around 80 cars every 15 minutes or so. It takes about 4/5 light changes to go from Oak to U.S. # 1., anytime around 4:30/5:30 PM. I didn't think it would reach out and touch me, was I wrong or what!? It appears all those negative comments about Mark Sarnoff bringing in unbridled developers hit the nail on the head!? Jobie Steppe

September 29, 2015 10:09 AM  
Anonymous Anonymous said...

The developers is really sticking it to the West population. Not many people can afford these "ideal" and beautiful buildings. Unless the current owners are given a decent amount of money for relocation, affordable beautiful housing should be offered. It is an outrage how nobody cares about the West enough to try to accomodate the current population, who, by the way, their ancestors were there first. Progress is the pits if it just obliterates whole communities.

September 29, 2015 8:02 PM  

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