Cocowalk Celebrates 20 Years

By Naomi Evans….
This November, one of Coconut Grove’s most popular destinations, will celebrate its 20th anniversary. CocoWalk officially turns 20 on November 20th and will host an all-day birthday party with live entertainment and activities beginning at 10 a.m. and continuing into the evening. Highlighting the festivities will be Coco- Walk’s Holiday Preview Fashion Show at 8 p.m. in the Courtyard.

Originally developed by Constructa US, Inc. & Steiner & Associates, Inc., Coco- Walk has during the years had three owners and seen many changes. When CocoWalk opened in November, 1990, AMC CocoWalk 16 Theaters was the center’s first and only anchor. Phase II of the center was completed in 1994, adding eight more screens and totaling the cinema’s composition to sixteen. In 2002, Phase III which consisted of a fourth story office building was completed. The entire first floor and most of the second, allowed for the expansion of the Gap.

In 2007, CocoWalk was purchased by PMAT, the current owner of the property. During that year, PMAT invested more than $10 million in renovations and upgrades, and celebrated the center’s grand re-opening. Recently, the movie theater has undergone renovations, and re-opened in style as Paragon Grove 13, on June 4, 2010. It’s the first all hi-def luxury theater in South Florida. Other recent additions include Chili’s, Crazy Pianos, Bobby Chan and Gallery. Opening soon are Central Beer Garden, Sushi Central and CocoWok.

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