PARAGON GROUP ANNOUNCES NEW DEVELOPMENT IN COCONUT GROVE AREA New Project To Break Ground Fourth Quarter of 2015

MIAMI –June 24, 2015 – Paragon Group, a full-service real estate development company specializing in the creation of cutting-edge residential and mixed-use developments, in partnership with Oxford Universal Design and Build, announced its newest project, Grove Place. The 18-unit contemporary townhome community is located just north of US-1 and 27th Avenue, at the entrance of Coconut Grove.

The development consists of 18 urban chic three-story, upscale units that will sit on the largest contiguous piece of property in the area. A unique location, the eco-friendly condominium is adjacent to the Grove Station Metrorail stop. Grove Place will afford residents a luxurious and modern living experience at a fraction of the cost.

The smart-ready contemporary style units will be easily adaptable to today’s technology. The units will be pre-wired using CAD 5 wiring for areas where transmission speed is a must, and Wi-Fi ready throughout the house.  Other standard features include video camera connections both inside and outside, garage door opener, alarm and motion sensor detection system that can be operated from your smartphone or tablet.   The upgrade package will allow the owner to fully integrate the operation of many features including lights, temperature control, door locks, water leak detection and shutoff  valves all controlled by a specialized application that can be managed from your smartphone or tablet.

Grove Place will feature the finest design details giving each home a clean, modern feel.  Each unit will have the following features: two car garage; flex space on the ground floor which can be converted into a personal space such as a den, office or guest room, etc.; kitchen, dining and family room located on the 2nd floor; Italian cabinetry and stainless steel appliances; a choice of two large master bedrooms or a large master bedroom with two bedrooms; and shaded private rooftop terraces surrounded by the mature landscaping located in the area.

Paragon Group is taking reservations from interested buyers beginning July 9 and plans to break ground on the first phase of construction by the fourth quarter of 2015.

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