Fairchild condo breaks ground in Coconut Grove

The Fairchild Coconut Grove condo broke ground on Tuesday, promising luxurious units along Biscayne Bay.

ROVR Development, led by principals Oscar Rodriguez and Ricardo Vadia, are building the 26 condos at 3581 E. Glencoe Street. They will range from 1,714 to 4,114 square feet and are priced from $1.6 to $4.6 million.

Rodriguez said the condos are 60 percent pre-sold, all with 50 percent deposits committed. The buyers are about evenly split between domestic residents and foreign residents, especially…

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