3034 Grand Ave

Miami, FL

Location: Miami
Neighborhood: Coconut Grove
Status: Under Development
Acquisition Date: May 2016
Asset Type: Neighborhood Street
Tenant(s): None
Gross Square Footage: 25,000
3034 Grand Avenue is a 23,000 square foot redevelopment in the heart of Coconut Grove, one of Miami’s most established and affluent areas. Purchased in a joint venture with EverWest partners in 2016, a strategic repositioning is underway with new retail spaces scheduled for delivery in Q2 2021. L3’s redevelopment plan includes extending the storefronts along McFarlane Road and Grand Avenue to the property line to create a continuous, uninterrupted shopping experience and reconfiguring the current layout of the suites to allow for maximum retailer flexibility. The Corner at the Grove redevelopment sits at the primary intersection in the submarket, where Grand Avenue, McFarlane Road and Main Highway all converge and it is surrounded by a co-tenancy unrivaled in the area, with a strong blend of local and national users.

Property Highlights

  • 2021 Redevelopment
  • 23,000 SF of Retail
  • Prime Corner Visibility
  • Excellent Walkability
  • Strong Vehicular Traffic
  • New Glass Storefronts
  • All New Systems
  • OKW Architects
  • RL Edward Partners
  • McGowan Builders

Leave a Comment