Allen Morris Company has officially broken ground on Ziggurat Coconut Grove, its transformative mixed-use development at 3101 Grand Avenue, following the close of a $138.5 million construction loan from BDT & MSD Partners and Bank Hapoalim.
The project combines 18 ultra-luxury residences with approximately 100,000 square feet of Class A office space — a rare pairing in Miami's residential market. At the time of groundbreaking, 65% of the residential units were already under contract, reflecting strong pre-sales momentum driven by the project's design pedigree and central Coconut Grove location.
Completion is targeted for Q4 2027. Ziggurat is designed as a landmark for the neighborhood, with the residential and commercial components stacked in a terraced form intended to maximize bayfront views and natural light throughout the building.