City Of Miami Approves $5 Million Enhancement Plan For Kirk Munroe Park And Fuller Street In Coconut Grove

The City of Miami has approved final design plans for a $5 million improvement project at Kirk Munroe Park and Fuller Street in Coconut Grove. The initiative is being undertaken through a public-private partnership between the City of Miami and Allen Morris Co., with architectural design led by Portuondo Perotti Architects and landscape architecture by Naturalficial. The improvements will introduce new recreational facilities, pedestrian infrastructure, native landscaping, and public gathering spaces while preserving the park’s historic character. Construction is scheduled to begin in January 2027, with completion anticipated in the first quarter of 2028.

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Raffles Announces First Standalone Branded Residences With 35-Unit Waterfront Development In Coconut Grove, Miami

Raffles Hotels & Resorts, part of the Accor hospitality group, has announced plans for Raffles Residences Coconut Grove, a 35-unit waterfront condominium development at 2545 South Bayshore Drive in Miami’s Coconut Grove neighborhood. The project is being developed by Mast Capital and BH Group, with architecture by Brandon Haw Architecture and Cohen Freedman Encinosa as the architect of record . The development will mark the hospitality brand’s first standalone residential property, offering private residences without an accompanying hotel component.

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Developers Secure $220 Million Predevelopment Loan For Oceanfront Condominium Project In Key Biscayne

Terra and Fortune International Group have secured a $220 million predevelopment loan from Blackstone Real Estate Debt Strategies (BREDS) for a planned oceanfront condominium development at 301 Ocean Drive in Key Biscayne, Florida. The project is planned for the 4.25-acre former Silver Sands Beach Resort property, which the developers acquired for $205 million in 2025. Touzet Studio and ODP are designing the development, which will feature tropical-modern architecture, expansive residences, and landscaped outdoor spaces.

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