arts
South Florida’s top construction permits: Week ending June 16, 2026
By Eman Elshahawy, Matthew Elo at The Real Deal
· June 18, 2026
· 1 min read
🏆 New Building: The largest construction permit, valued at $164.5 million, is for The Well Coconut Grove development at 2835 Tigertail Avenue in Miami . David Martin’s Terra and AB Asset Management secured the permit for a 447,969-square-foot mixed-use project that includes condominium units and ret
Key takeaway 5 million, is for The Well Coconut Grove development at 2835 Tigertail Avenue in Miami.
Why this matters in The Miami
The massive construction permit for The Well Coconut Grove development brings significant investment to the Coconut Grove area, with a project value of $164.5 million. This mixed-use project, which includes condominium units and retail space, will likely have a substantial impact on the local economy and character of the neighborhood. As the development moves forward, residents can expect increased activity and potential changes to the area's traffic and infrastructure. The fact that the developers secured a $410 million construction loan suggests that the project is well-funded and poised to move forward, which could lead to new opportunities for local businesses and residents. The project's location in Coconut Grove, a neighborhood with a strong sense of community, will be worth watching to see how the development balances growth with the area's existing charm and character.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: arts ·
Published: June 18, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? 🏆 New Building: The largest construction permit, valued at $164.5 million, is for The Well Coconut Grove development at 2835 Tigertail Avenue in Miami. David Martin’s Terra and AB Asset Management secured the permit for a 447,969-square-foot mixed-use project that includes condominium units and ret
When was this published? This article was first published on June 18, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Eman Elshahawy, Matthew Elo at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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