The Real Deal Miami

Terra Group launches sales for Grove at Grand Bay’s South Tower project

January 25, 2013 09:45AM

Terra Group’s Grove at Grand Bay project says it has reached 80 percent in sales at its planned North Tower, and is going ahead with a launch of sales at the project’s South Tower. The sales have totaled more than $120 million, according to Terra. The South Tower includes 38 residential units. “We have received a tremendous response from the market for Grove at Grand Bay,” said David Martin, COO of Terra Group. Grove at Grand Bay will be located on the site of the former Grand Bay Hotel in Miami’s Coconut Grove neighborhood. —Alexander Britell