MIAMI—The ownership of the CocoWalk development in Coconut Grovehas commenced construction and demolition work on the next phase ofthe property's redevelopment into a mixed-use complex.
The redevelopment effort is led by Rockville, MD-based Federal Realty Investment Trust and localpartners Grass River Property and the Comras Co., who joined forcesto purchase CocoWalk in 2015 for approximately $87.5 million.
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