The Real Deal Miami

On the scene of Fairchild Coconut Grove’s launch party: PHOTOS

Project is expected to open by spring 2018

November 28, 2016 04:30PM

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With the hotly anticipated winter marketing season quickly approaching, ROVR Development recently held a nightime cocktail bash to launch sales for its boutique Fairchild Coconut Grove condo project.

The developer held the fête at Fairchild’s sales center in the Grove, where guests and brokers gathered to check out newly released renderings, samples of the five-story building’s planned finishes and sneak peaks of the 26 unit’s interiors by Rafael de Cárdenas.

ROVR, headed by Ricardo Vadia and Oscar Rodriguez, unveiled plans for the Fairchild in June after securing city approvals for the luxury 26-unit project slated to rise at 3581 Glencoe Street. Vadia and Rodriguez had bought out the owners of an aging Coconut Grove condominium that they plan to demolish.

One Sotheby’s International Realty is handling sales for the Fairchild, which boasts units ranging between 1,700 to 4,200 square feet, with asking prices starting at $1.5 million. The average price works out to roughly $1,100 per square foot.

As Rodriguez told The Real Deal in June, the developers expect to break ground early next year and hope to finish construction by spring 2018. — Sean Stewart-Muniz

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