El-Ad Proposes 5-Story Office Project in Coconut Grove
El-Ad National Properties has assembled two Coconut Grove parcels at 3250 Mary St. and 3265 Virginia St. for a proposed 5-story, 80,000-square-foot office project.
El-Ad National Properties, the U.S. arm of Elad Group, has assembled parcels at 3250 Mary Street and 3265 Virginia Street in Coconut Grove for a proposed 5-story, 80,000-square-foot office building, tracked as the Grove at 3250 Mary & 3265 Virginia Street.
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The assemblage combines two adjacent sites in the Grove's village core, a submarket with limited new office supply in recent years. The deal marks El-Ad's entry into the Coconut Grove office market, with the site positioned along Mary Street near the neighborhood's retail and dining corridor.
El-Ad's South Florida portfolio spans residential and mixed-use projects; the Grove assemblage signals a shift toward office in this submarket. The project remains in the proposed stage, with site plan and entitlement filings expected as it moves through Miami's review process.
The site sits within walking distance of the village center along Grand Avenue and Main Highway. The Coconut Grove Metrorail station is roughly a mile west along US-1, and several Miami-Dade bus routes serve the area.
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- 3250 Mary Street, Miami, FL 33133
- Floors
- 5
- Sq Ft
- 80,000
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