One of the oldest and most coveted neighborhoods in Miami, Coconut Grove’s rich unique history has attracted locals and tourists for decades. A popular locale to dine, shop and engage in recreational activities, the once vibrant, booming neighborhood is set to face a long-awaited revitalization.
Situated along Dinner Key, Regatta Harbour will play an integral role in the transformation projected to revamp the beloved Coconut Grove community. Overlooking Biscayne Bay, the project joins several up-and-coming developments poised to contribute to the massive resurgence of the area, including Regatta Park, Cocowalk, Park Grove, Peacock Park, Mary Street, City Hall and Grove at Grand Bay.
Developed by The Treo Group, the mixed-use project includes retail, three signature restaurants, elevated event space, a food hall, and the renovation of the historic Pan Am airplane hangars. The 100,000 square feet of retail and industrial waterfront redevelopment also includes Regatta Harbour Marina, which replaced the former Grove Key Marina site, following a $5.5 million investment.
The TREO Group Principals Otto Boudet-Murias and Eddie Garcia shared some unique project highlights as Regatta Harbour rises:
Q: What unique project elements featured will draw crowds from all over Miami and the world?
Regatta Harbour is one of several revitalization projects currently underway in Coconut Grove that will serve as an epicenter to celebrate the long history of Dinner Key. Home to the first Naval air station base and former Pan Am sea operations, the project will include 13,000-square-feet of indoor and outdoor event space, onsite parking, three signature restaurants and more than 80,000-square-feet of retail and dining space. The changes will impact an area that was in need of this comprehensive makeover and promises to draw crowds from all over the world.
Q: What dynamic features does the property offer that are one-of-a-kind to South Miami
The development includes the preservation and renovation of historic airplane hangars once used as the first Naval air station and later bought by Pan Am. Formerly used as a port for flights to Central America and the Caribbean, the station is not only unique to South Miami, but to the entire United States. These hangars are being carefully restored and repurposed for retail. The preservation of this site accompanied with the gourmet food hall attracts locals and tourists to be a part of a unique piece of history. Preserving the old while raising interest in an appealing new locale to create memorable experiences.
Q: How will Regatta Harbour contribute to a dramatic boost in Coconut Grove’s economy?
As one of the major developments in the pipeline contributing to Coconut Grove’s resurgence, Regatta Harbour will bolster the local economy, drawing in both a local and global audience. Offering unique waterfront dining and retail experiences in a community set apart from Miami Beach makes it a unique and ideal destination. With the substantial investments currently taking place, the economy will begin to see a significant increase growth trajectory.
Q: Predictions on what the new era of Coconut Grove living will be like in 5 to 10 years with the addition of this significant project
Within the next decade, Coconut Grove is poised to regain the vibrance that it once touted. Local businesses will thrive, we will see a marked increase in congregation in community spaces such as parks, attendance boosted at group events, and individuals desiring to live within the culture lined streets. People from around the globe will choose Coconut Grove as a destination to take part in the beauty that the city has to offer.
Regatta Harbour is an Arquitectonica-designed project that will boast more than 100,000 square feet of specialty retail and high-profile, chef-driven restaurants, set against the picturesque backdrop of the bay and lush foliage synonymous with Coconut Grove. Brands to be introduced include Afishonado, the latest boat-to-table dining concept by Bravo “Top Chef’ winner Jeremy Ford.
Headquartered in Miami, The TREO Group is a privately-held real estate investment firm led by a highly-experienced team with a proven track record of identifying and capitalizing on prime development opportunities. Together, the principals have successfully participated in more than $500 million of real estate development and investments across all major asset types. The TREO Group is driven by a desire to create unique, innovative, and sustainable urban development projects. Its current development pipeline is in excess of $200 million and includes next-generation residential student housing, unique transit oriented mixed-use development, residential communities, industrial complexes and Regatta Harbour. For more information, visit www.treogroup.com.
By: Otto Boudet-Murias and Eddie Garcia, principals of The TREO Group, developers of Regatta Harbour