A demolition permit is in place for the former Residence Inn at Tigertail and Mary, with some work already underway. What comes next is unclear.
Demolition appears set to begin on the former Residence Inn at the corner of Tigertail Avenue and Mary Street. Fences have been erected along the property’s edge and workers have been seen gutting interior portions of the building. A demolition permit was issued on April 12 to Juneau Construction Company approving the demolition of the hotel. What’s to come is not entirely clear.
The property at 2835 Tigertail Avenue was sold to AB CG Owner LLC for $21.7 million in March 2021, according to Miami-Dade County property records. Yimby Florida reported last year that Terra Group, the Coconut Grove development company, and AB Asset Management of Miami Beach had secured financing for a five-story mixed use development on the site, to be known as Residences in the Grove.
Documents filed with the City of Miami Building Department show the project to be valued at over $63 million and to include office space, retail and 196 housing units. City records also show the structure rising to nine stories, despite a T5-O zoning designation that would typically limit new construction to five stories.
Terra did not respond to the Spotlight’s requests for information about the project and the timing of the demolition. A communications firm representing the company said updated information on the project will be released on December 2.
