Kushner Companies Gearing Up To Break Ground On First Miami Projects

Kushner Companies is gearing up to break ground on their first two Miami projects located in Wynwood and Edgewater. The Wynwood project, known as Wynwood 27, will break ground first in Q1 2021 at 127 NW 27th St. and 129 NW 26th St. Wynwood 27 will feature 152-units, 50,000 SF of office space and 34,000 SF of retail space. The project will be followed by Wynwood 28 which will feature 40 residential units, 44,637 SF of office space and 15,800 SF of retail space. Kushner Companies acquired the sites for $32 million in July 2019 in partnership with Block Capital. In March 2020 Kushner Companies obtained $17.55 million in financing for the properties provided by CIT Bank.

The Wynwood project will be followed by the first tower at 1900 Biscayne, a 36-story multifamily building which will feature 393 apartment units. Kushner Companies plans to build 1,100 units over three towers in three phases on the site which includes the adjacent 2000 Biscayne with an estimated total development cost of $550 million. Kushner Companies acquired the site, which is located in an opportunity zone, in March 2019 from Enrique Manhard. It was previously owned by Verzasca Group who had planned a 36-story condo for the site, later changing to a rental concept before selling to Manhard for $13.1 million in 2018.

The Related Group, Block Capital and Kravitz Design's Rental Project The Bradley Tops Off In Wynwood

Leading national developer, The Related Group, and Block Capital Group has announced the top-off of the Wynwood neighborhood’s newest residential project, The Bradley, located at 51 Northwest 26th Street. The Bradley will offer 175 studio-, one-, and two-bedroom units which range from 480 SF to 1,000 SF and over 32,000 SF of commercial space. Rents are projected to start in the low $1,400s per month, with the majority of rents totaling less than $2,000 per month. Residences feature Italian kitchens and vanities, stainless steel appliances, in-unit washer and dryer, walk-in closets and a convenient, keyless entry system. The Bradley was designed by Arquitectonica in collaboration with creative direction from Kravitz Design, founded by Grammy-Award-winning artist, Lenny Kravitz. Completion is slated for late 2019.

“There is already an incredible momentum in Wynwood, but it is thoughtfully developed projects like The Bradley that will help the neighborhood reach that next level,” explains Jon Paul Pérez, Vice President at Related. “There has been a noticeable increase in real estate activity since we began construction and I expect the pace of commercial leases, groundbreakings and new project announcements will continue to rise as we approach completion. Our whole team is eager to see how the neighborhood evolves over the next few years.”

Amenities include speakeasy-inspired common areas, 24/7 concierge, a rooftop terrace is adorned with an expansive pool, a covered amenity deck with city views and an outdoor kitchen with barbeques and a formal dining area, a world-class fitness facility and health club serving both residents and their guests, bicycle storage, and 233 space garage with gated entrance. All building amenity spaces offer high-speed internet and cell service options for dedicated wireless connections in addition to a wide collection of curated artworks and site-specific murals from a variety of local and international artists. The Bradley will also bring 32,000 SF of retail and restaurant space to the neighborhood with expansive pedestrian walkways, complete with high-quality design and landscape elements.

“Every detail of this project, from its physical location to in-unit amenities, were built with the renter in mind,” says Martin Miculitzki of Block Capital Group. “We want future residents of Wynwood to have an outstanding, unparalleled experience from the moment they walk through the front door of The Bradley. We are proud to partner with Related and attract international attention to this vibrant, revitalized neighborhood.”

The Related Group has three additional properties in the art-filled neighborhood including Wynwood 25, a 289-unit rental property which recently completed vertical construction; The Annex, a 50,000 SF office and retail development; and Wynwood 29, a 182-unit micro condo development.

For more information about The Bradley, private showings or purchasing/ leasing information please fill out the form below:

Related Group & Block Capital Group Break Ground On The Bradley In Wynwood

Related Group and Block Capital Group have broken ground on The Bradley in Wynwood, one of Miami's first projects to feature micro-units. The project was designed by Arquitectonica and features interiors by Lenny Kravit's Kravitz Design. When complete The developers expect to close on a $33 million construction loan over the next few weeks. The Bradley will rise 5-stories and will bring 175 rental apartments, 32,000 SF of ground floor retail and a 179 spot parking garage to Wynwood. The units will range in size from 480 SF studios to 1,000 SF 3-bedroom units and monthly rents are expected to range from $1,400 to $2,800. Amenities include a gym and a rooftop deck with grill area and cabanas. The project was first introduced as Wynwood 26 and developers were able to secure a 30% reduction in parking, decreasing the amount from 254 zoning requires to 179 spaces via contributing to the Wynwood Parking Trust Fund. The Bradley is located at 51 Northwest 26th Street. Construction is expected to be completed in 2020.