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Former Grand Bay in Coconut Grove to be demolished for residential project

March 23, 2012 11:15AM

The former Grand Bay hotel

The former Grand Bay hotel in Coconut Grove, once one of Miami’s most exclusive hotels, will be demolished in favor of a new planned residential project. The project, which will be developed by Terra Group, is slated to have 20 stories and 96 residential units. Former owner Merco Group closed the property for a renovation four years ago, but the hotel never reopened. [SFBJ]