An $18 million plan to redevelop one of Coconut Grove’s most important waterfront parcels won approval from voters Tuesday.
The vote makes it possible for Grove Bay Investment Group to move forward with its plan to replace the Chart House and Scotty’s Landing and overhaul the Grove Key Marina that is located to the north of city hall.
The group, which is now able to sign a 50-year lease for the site, plans to locate new restaurants including Shula’s Steak House at the property. It will also restore and put to new use a pair of historic Pan Am hangars located there and build a promenade that will end at a new pier.
The city on Tuesday also began demolishing the Coconut Grove Exhibition Center to make way for a park. The area’s overall revitalization plan includes a public parking garage, with the developer contributing $5 million toward its construction, that would serve all the new facilities.