Universal Parking awarded Grove Central parking management operations
July 20, 2023
Universal Parking has been awarded parking management operations for Grove Central! Grove Central is a multi-faceted, transit-oriented, mixed use project in Coconut Grove market. Universal’s team will assist the project goal to deliver a fully integrated transportation solution. Grove Central is being developed by a joint venture between Miami-based developers Terra and Grass River Property.
The development will include a 23-story residential tower with 402 multi-family, workforce and co-living units. The development will feature a new 1,250-space public parking garage, and a total of approximately 170,000 square feet of neighborhood-oriented retail space. The transit-oriented project will connect to and facilitate privately funded improvements made to the adjacent Coconut Grove Metrorail station. It will integrate directly with The Underline linear park, Miami-Dade’s bus system, and the City of Miami’s popular trolley network.
David Martin, CEO of Terra, said, “Our vision of Grove Central as an everyday, transit-oriented destination is coming to life. Our vision is retail poised to serve the development’s multifamily residents, nearby neighbors, and commuters who take the train. Within one single mixed-use complex, they’ll find everything from a gym and grocery store, to exciting retail and food and beverage options.”
Slated to open August 2023 the exciting roster of upcoming tenants will include Target, Sprouts Farmers Market, Total Wine, Five Below and Club Studio.