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Luxury Real Estate

Ziggurat Coconut Grove Moves Forward With 19 Ultra-Luxury Residences and a New Mixed-Use Vision

August 14, 2026
Ziggurat Coconut Grove luxury residences and mixed-use development.
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Ziggurat Coconut Grove is advancing toward construction as The Allen Morris Company and the Espinosa family develop a low-rise mixed-use destination at 3101 Grand Avenue. The project combines ultra-luxury residences, trophy office space, retail, dining, wellness offerings and landscaped public areas, with completion expected in early 2028.

Key takeaways

  • The development will include 19 condominium residences priced from approximately $3.5 million.
  • Plans call for a five-story, approximately 100,000-square-foot office building.
  • About 45,000 square feet will be dedicated to retail, dining and wellness concepts.
  • Demolition is complete, clearing the way for site work and vertical construction.
  • Kirk Munroe Park, directly across from the project, is slated for an approximately $8 million renovation.

Ziggurat is designed to add density and new uses without adopting the high-rise model common in other Miami luxury markets. Its low-rise buildings, open-air paseos and central landscaped courtyard are intended to reflect Coconut Grove’s village-like character and strong connection to nature.

A curated mixed-use project

The development will consist of two architecturally distinct buildings: a three-story residential structure and a five-story office building. Ground-floor retail will bring together restaurants, boutiques, wellness concepts and gathering spaces, creating activity between Grand Avenue, Commodore Plaza and the surrounding neighborhood.

The project is supported by a $138.5 million construction loan from BDT & MSD Partners and BHI. With demolition completed, construction is moving toward the next phase, and delivery is anticipated in early 2028.

Architecture rooted in the Grove

Oppenheim Architecture is leading the design, incorporating natural stone, deep terraces, cascading greenery and indoor-outdoor spaces. Landscape architect Andres Arcila, working with Naturalficial, is helping integrate planting and open space throughout the property. Collarte Interiors is designing the residences.

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The overall approach emphasizes a contemporary interpretation of Coconut Grove rather than a departure from its established identity. Landscaped courtyards and pedestrian walkways will connect the residential, office and commercial components.

Limited residential offering

Ziggurat’s condominium collection will include only 19 homes, ranging from approximately 1,254 to more than 5,000 square feet. Prices are expected to range from about $3.5 million to $15 million, and the residences are nearly sold out.

Homes will offer two to five bedrooms, private elevators, double-door entries, terraces approximately 12 feet deep and ceiling heights of up to 11 feet. Interior features include European oak flooring, travertine stone, Italian cabinetry, Wolf and Sub-Zero appliances, wine refrigeration and integrated smart-home technology.

Hospitality-focused amenities

The residential experience will include a rooftop amenity deck with a resort-style pool, hydrotherapy circuit, private cabanas and lounge areas. Additional services are planned to provide a private-club atmosphere, including concierge assistance, valet parking, pet care, package delivery and dry-cleaning services.

A rooftop restaurant and lounge led by a local Michelin-starred chef is also planned for the office building, with views toward Biscayne Bay. Residents are expected to receive exclusive access or membership opportunities connected to the restaurant.

Broader neighborhood impact

Ziggurat’s location places residents and office users near Coconut Grove’s restaurants, shops, parks and waterfront destinations, while maintaining access to Brickell, Downtown Miami, Coral Gables, Key Biscayne and Miami International Airport.

The planned renovation of Kirk Munroe Park is expected to strengthen the public realm around the project. Together, the park improvements and Ziggurat’s pedestrian-oriented design could reinforce Coconut Grove’s evolution as a walkable luxury residential, commercial and cultural district.

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