Class A Transit-Oriented Luxury Apartment Building Coming next to Coconut Grove Station – Fall 2018

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Cassa Grove Holdings, a joint venture between Miami-based MEC Development Associates, B
Developments and New York-based Abington Properties, announced today Cassa Grove, a 116-unit luxury rental project located in the Gateway ofCoconut Grove. This unique and elegant project is transit oriented, immediately adjacent to the Coconut Grove MetroRail station, and in a prime location for people who truly appreciate the urban paradise setting that centrally located area has to offer. Cassa Grove Holdings filed for a hearing before the City of Miami Urban Development Review Board and will be on the October 5th UDRB meeting agenda.Construction on the project is slated to commence in spring 2017, with completion in fall 2018.

“Modern urbanism has arrived in Miami with transit-oriented developments beginning to take hold across the city, so there is no better time to introduce this concept to Coconut Grove,” said Sebastian Barbagallo, Principal of B Developments. “We are extremely excited to be able to bring this innovative project to one of Miami’s most beloved neighborhoods,” echoed Tomas Possenti, MEC’s Development Coordinator.

Cassa Grove’s unique residences range from 652 sq. ft. to over 1,300 sq. ft., with a commercial componentof approximately 4,000 sq. ft. The project will have a diverse mix of units available, including many with a den and several with private patios on a modern amenities deck that will feature an infinity-edge pool, semi-private entertaining areas, gazebos, pet-grooming stations, a fitness center and a recreational lounge. Additionally, Cassa Grove will provide its telecommuting and student residents with a shared work area.

“At Cassa Grove, we are truly taking advantage of our surroundings, encouraging residents to enjoy everything from nearby public transportation to newly developed urban areas in close proximity,”said Barbagallo. “Cassa Grove blends into this new urbanism by providing a public plaza to access The Underline, Miami’s unique new urban park running underneath the Metro from Brickell to Dadeland South, which runs adjacent to the project,” added Possenti.

Cassa Grove is comprised of a real estate dream-team. MEC Development’s principals own “Cassa,” a leading residential real estate development brand that recently completed Cassa Brickell and Cassa at Georgetown. Additionally MEC is a partner in Ofizzina, a commercial office condominium located in Coral Gables. B Developments has a proven track record of residential development in Miami-Dade and is a significant player in the industrial and office real estate market in Central Florida.Abington Properties has investments in real estate projects throughout the country and continues to grow its Florida portfolio.

Cassa Grove is truly an urban oasis close to all of the best Miami attractions. This transit oriented project will be sought after by professionals who work in Brickell, Downtown Miami, the Civic Center/Hospital District and who want to take advantage of public transportation systems such as the MetroRail, MetroMover, Coral Gables and City of Miami Trolleys,as well as the proposed SMART connections to the MetroRail. Cassa Grove will be located at 2900 SW 28 Lane, Coconut Grove, FL 33133.

For more information, please visit www.mecdevelopment.us or contact Tomas Possenti, Development Coordinator at MEC Development Associates, 786-636-1936 [email protected] press inquiries, please contact 305-447-8678 or email [email protected].

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