Promenade at Coconut Creek sits on 22.94 acres at 4401 Lyons Road in an affluent area bordering the Parkland, Hillsboro Ranches, Boca Pointe, and Whispering Pines neighborhoods.

MIAMI—Coconut Grove is not a new market, but it's still in many ways resuring and remerging. GlobeSt.com caught up with Oscar Rodriguez, principal of ROVR Development to get his insights on this market. ROVR is developing only new waterfront project rising in Coconut Grove—The Fairchild Coconut Grove.

GlobeSt.com: What is happening in Coconut Grove?

Rodriguez: In the past five years, Coconut Grove has seen a major resurgence and is emerging as one of South Florida's foremost communities. Coconut Grove's recent evolution is drawing in a new caliber of clientele that is seeking a luxury lifestyle within the area's charm and appeal. More and more people and businesses are discovering Miami's best kept secret and are drawn to all the unique aspects Coconut Grove offers.

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