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N MIAMI CONDO NEWS — All About Condo Living in the Magic City — Edited by Heinz Dinter, PhD |
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Terrazas Coconut Grove: a popular choice for working class professionals (2006-06-30)
While South Florida is recognized for its ultra luxurious lifestyles, there are many people, specifically working class professionals, who are looking for a quality residential product at an affordable price, says a spokesperson for Terrazas Coconut Grove. Terrazas International Group’s (TlG) newest project, Terrazas Coconut Grove, offers a solution, providing affordable luxury living in South Florida. “We knew that Miami-Dade County needed a building that young professionals could afford to call home, and more importantly, would want to call home,” says Miguel Angel Barbagallo, TIG principal. “Young professionals are the people who want to live close to urban centers yet can’t afford half million dollar units. Terrazas Coconut Grove will allow buyers to purchase units in the mid $300,000s while offering many of the other amenities of a more expensive product.” Nestled between Coral Gables, downtown Miami and Brickell Avenue at 2900 SW 28 Lane, Terrazas Coconut Grove is a half-block from the Coconut Grove Metrorail station, which affords gas-saving transportation for anyone commuting to downtown, South Miami/Kendall, the University of Miami main campus, or the UM/Jackson Memorial Medical Center. “The truth is that people do not want to commute to work anymore, and as gas prices continue to climb, Terrazas Coconut Grove’s close-in location to the Metrorail will become an increasingly valuable amenity,” says Barbagallo. “It’s all about convenience. People value convenience because their lives are so busy. At Terrazas Coconut Grove, you can take care of business without spending countless hours in traffic.” The 20-story Terrazas Coconut Grove features 130 one- two- and three-bedroom residences, including 13 double-story sky lofts. The residential tower rests on a seven-floor pedestal with a secure parking garage, approximately 12,000 square feet of office condominium space, split between three floors, with a separate office lobby, and 10,000 square feet of street-level retail space. For residents, one of the most popular amenities will be the seventh-floor recreational deck, featuring an oversize pool overlooking the Grove, as well as saunas, showers, a fitness center and a large multipurpose room. Other on-site residential amenities include valet services, a separate entrance lobby, business office, and extra storage space for each unit. “It’s almost impossible to find the high-end amenities that Terrazas Coconut Grove has to offer at such a reasonable price,” says Barbagallo. “Our residents will enjoy a luxurious lifestyle, without paying millions for it.” For more information on Terrazas Coconut Grove or TIG’s other projects, visit the onsite sales center at 2900 SW 28th Lane, www.terrazascoconutgrove.com, or call 305-347-5999.
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