GlobalPro Ventures plans projects in Allapattah, Coconut Grove

Firm is converting townhouses into mixed-use office building in Coconut Grove, and plans to build apartments in Allapattah

Miami /
Apr.April 13, 2020 09:45 AM
Daniel Odess and Matthew Sengsourinh with the properties

Daniel Odess and Matthew Sengsourinh with the properties

GlobalPro Ventures is working on plans for two new projects in Allapattah and Coconut Grove.

The firm, led by Daniel Odess and Matthew Sengsourinh, is in the permitting process for the conversion of a six-unit townhouse building into an office building with ground-floor retail space, at 3139 Southwest 27th Avenue in Coconut Grove, the developers said.

GlobalPro Ventures acquired the units in late 2018, and plans to move its office to the building. The ground floor will include a roughly 500-square-foot retail/restaurant space.

The property is north of new condo projects, such as Terra’s Grove at Grand Bay and Terra and Related Group’s Park Grove, as well as Treo Group’s Regatta Harbour mixed-use development.

GlobalPro Ventures is also in the preconstruction phase for a mixed-use apartment building at 2560 Northwest 20th Street in Allapattah, Odess and Sengsourinh said, though they acknowledge that the past six weeks have slowed things down. Odess is also founder and CEO of the insurance company GlobalPro.

The developers said they are considering building live-work units in Allapattah, and plan to have co-working space in the lobby. The existing building is currently leased to retail tenants. GlobalPro Ventures acquired the property in October for $1.9 million, records show.

The site is zoned T6-8, which means that they can build up to eight stories high with about 70 to 80 units.

Allapattah has attracted big name developers, including Jorge Pérez, Moishe Mana and Lissette Calderon. Calderon is building a 192-unit apartment development called Allapattah 17 and a 323-unit apartment project called 16 Allapattah.

Mana has been assembling land on the eastern edge of Allapattah, just west of his Wynwood holdings. And developer Robert Wennett is planning a residential, office, retail and hotel project in Allapattah that will rise between Northwest 21st and 22nd streets, and between Northwest 13th and 12th avenues.


Related Articles

arrow_forward_ios
CMC Group’s Ugo Colombo with rendering of Vita at Grove Isle (Vita at Grove Isle, Getty)
Homeowners drop lawsuit over Ugo Colombo Grove Isle project approvals
Homeowners drop lawsuit over Ugo Colombo Grove Isle project approvals
Miami-Dade County Mayor Daniella Levine Cava with 3500 Main Highway
In Grove playhouse drama, lawsuit is latest act
In Grove playhouse drama, lawsuit is latest act
From left: AMLI Residential’s Gregory Mutz; Terra’s David Martin; Grand Peaks Properties’ Luke Simpson; Related’s Jorge Perez; and Grand Peaks Properties' Nick Simpson (Getty Images, AMLI, Terra, Grand Peaks Properties, Related, Corwil Architects, Arquitectonica)
Development bonanza: Four Miami projects nab approval
Development bonanza: Four Miami projects nab approval
Terra's David Martin and AB Asset Management's Getzy Fellig with rendering of Residences in the Grove (Terra Group, LinkedIn, Getty)
Terra, AB Asset plan 174 apartments in Coconut Grove
Terra, AB Asset plan 174 apartments in Coconut Grove
MG Developer's Alirio Torrealba with 3191 Southwest 39th Avenue and 3160 Southwest 38th Court (LinkedIn, Google Maps)
MG completes Miami apartments dev site assemblage
MG completes Miami apartments dev site assemblage
Metronomic's Kelly Beam with 3265 Bird Avenue (Metronomic Holdings, Google Maps)
Embattled developer’s Coconut Grove rentals head to auction
Embattled developer’s Coconut Grove rentals head to auction
Ken Griffin and Adrienne Arsht with 3031 Brickell Ave (Getty, Atlantic Council, Oak Studios)
Ken Griffin buyer of Adrienne Arsht’s $107M estate: sources
Ken Griffin buyer of Adrienne Arsht’s $107M estate: sources
Adrienne Arsht and the Coconut Grove estate (Arsht via Naomi.cherenson, CC BY-SA 4.0, via Wikimedia Commons, 3031 and 3115 Brickell Avenue photos provided by 1 Oak Studios)
Adrienne Arsht’s Coconut Grove estate sells for record $107M
Adrienne Arsht’s Coconut Grove estate sells for record $107M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...