Following a slew of new retail projects sprouting across Miami, CocoWalk has unveiled details and renderings of a multiphase renovation, which is expected to begin this summer and modernize the heart of Coconut Grove.
Led by new ownership, the redesigned Cocowalk will be comprised of a contemporary open-air plaza at its core with café seating, water features, foliage, and a new façade. It’s designed by Beame Architectural Partnership and Foreseer.
Renovations to the existing retail space along the western side will begin this summer with an expected completion date of mid-2018. The next phase includes constructing a new 78,000-square-foot office building called One Cocowalk, which plans to rise on the eastern side of the property beginning in 2018.
Federal Realty Investment Trust, the Comras Company, and Grass River Property purchased CocoWalk, which originally opened in 1990, for $87.5 million in late 2015. Amid a retail shakeup, the Cinépolis movie theater is expected to remain as an anchor tenant while one of its main restaurants in The Cheesecake Factory will be closing shortly.
The revamped center will offer 150,000 square feet of retail space upon completion and remain open throughout the renovation. More renderings are below.