CocoWalk begins next phase of major redevelopment project

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CocoWalk, a retail center in the Coconut Grove neighborhood of Miami, has started the next phase of construction.

The redevelopment is being led by Federal Realty Investment Trust, Grass River Property and Comras Co.

Plans for the new CocoWalk include a new mixed-use development combining Class A offices, public spaces, and revamped retail including cafes, restaurants, boutiques, lifestyle, fitness, and entertainment offerings.

Crews will demolish the eastern side of the complex to make way for a new 85,000 sq.-ft., five-story office building and 20,000 sq. ft. of street-level retail space.

The updated retail mix at CocoWalk will feature well-known brands and local operators providing lifestyle, wellness, beauty and other daily services. Food and beverage options will include fast-casual and sit-down restaurants.

The completed project, comprising 250,000 sq. ft. of commercial space, is expected to deliver in the fourth quarter of 2019.

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