Terra Group Breaks Ground On Grove at Grand Bay, Coconut Grove's Newest Luxury Real Estate Residences

COCONUT GROVE, Fla., June 3, 2013 /PRNewswire/ -- Pedro Martin and David Martin, founders and owners of leading Miami real estate development company Terra Group, have announced groundbreaking for Grove at Grand Bay, the new luxury residence project located in the epicenter of historic Coconut Grove at 2675 South Bayshore Dr. The twin spiraling towers will rise above the lush flora and fauna for which The Grove is known, offering pristine waterfront views of Sailboat Bay and the marina. Removed from the busy pace of South Beach and Downtown Miami, yet still minutes away by car, this microcosm will be within walking distance of the village's charming restaurants, boutiques and entertainment venues. Sales for the South Tower have officially launched; 100 percent of the units in the North Tower have sold in less than one year.

(Photo:  http://photos.prnewswire.com/prnh/20130603/FL23611)

"Grove at Grand Bay will serve as an area landmark, setting the bar for future development in Coconut Grove," says Pedro Martin, Terra Group's Chairman, Chief Executive Officer and Founder who, together with son and Co-Founder David Martin, is developing the project. "Since Grove at Grand Bay launched, we have sold more than $250 million worth of inventory, a figure that shows buyers' eagerness to become a part of this exciting new wave of design." 

David Martin adds, "Among South Florida's most in-demand communities, Coconut Grove has a unique history renowned for embracing the arts and nature. Some of history's most creative minds have made Coconut Grove their home over the decades, including Robert Frost, Alexander Graham Bell, Tennessee Williams, David Crosby and Howard Hughes."

"Our vision was to create an eco-conscious residential project so sculptural and visually spectacular that it would become a statement for a new Coconut Grove. There was no architect in the world better suited to realize this than Bjarke Ingels," continues Martin, who is committed to bringing world-class architecture and design to Miami.   

Bjarke Ingels, founder of BIG (Bjarke Ingels Group) is an award-winning architect acclaimed for designing buildings "as programmatically and technically innovative as they are resource-conscious." Bjarke's singular vision for the LEED-certified Grove at Grand Bay has resulted in the creation of a modern masterpiece:  Two glass-and-steel-encased towers rising in the sky 20 stories high, elegantly twisted at a 38-degree angle and housing 98 expansive residences.  "There are some architects who only care about their sculpture," said David Martin, president of Terra Group. Bjarke on the other hand, really approaches things in a really genuine, humble manner and is really conscientious and respectful." 

"Grove at Grand Bay is inspired by 'engineering without engines,' or using contemporary technology to create buildings that look different because they perform differently," says Ingels. "By creating balconies at an unprecedented 12 feet tall and 12 feet deep, we combine generous views and outdoor space with natural shade, maximizing daylight and optimizing shade. The sliders are also hurricane-proof, something all South Floridians can appreciate."

Individual condominium units are spacious and designed to integrate interior living space with Coconut Grove's natural splendor, featuring floor-to-ceiling sliding doors that open to terraces offering panoramic views of Sailboat Bay and the marina, as well as the Miami skyline and coastline. Priced from $3 million, these residences in the sky are tailored to a modern lifestyle that values both family life and entertaining at home, with living, dining, kitchen and family rooms configured in a continuous rectangular space.

Central to the project's architecture is the 're-Groving' of the site, led by award-winning landscape architect Raymond Jungles, whose vision will be translated into a flow of lush vegetation through shared lobby spaces, walkways and terraces to reinforce the idea of continuity.

Grove at Grand Bay's amenities include a multi-lingual butler, on-site chef, curator-maintained art gallery, a gym and spa with separate facilities for men and women, a pet spa, and four pools -- a 25-meter lap pool, 25-meter swimming and lounging pool, and two rooftop pools with covered cabanas.

For additional information about the property or to inquire about sales, visit www.groveatgrandbay.com. To schedule a site tour and interview with David Martin, please contact Nick D'Annunzio and Karina Atala at TARA, Ink. at nick@taraink.com and karina@taraink.com

Media Contact:
TARA, Ink.
Nick D'Annunzio / Karina Atala
Nick@taraink.com / karina@taraink.com  
305.864.3434 ext. 189

SOURCE Terra Group




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