Metrorail has long been the backbone of Miami mass transit, but now it too steps onto the main stage as it becomes more commonly used as the areas around the stations get developed. A prime example is Grass River Property, who signed a 90-year lease for the 5-acre site at Coconut Grove Station to build Grove Station Tower. The development capitalizes on the soaring demand for apartments in Miami, targeting young professionals seeking direct access to Miami’s major employment centers and lifestyle destinations. The project, which is just 150 steps to the Metrorail station, comprises 184 apartments, townhomes and 6,000 sq. ft. of street-level retail for a range of on-site amenities for residents. “Grove Station Tower makes sense given the project’s proximity to regional demand drivers and the significant cost savings that our residents will capture by comparison with similar products along Brickell Avenue, located just minutes away,” says Tobin Cobb, Co-CEO of Grass River Property; GroveStationTower.com.
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