Related Group And W5 Group Break Ground On Quarters Wynwood Co-Living Development

The Related Group and W5 Group have broken ground on Quarters Wynwood, a new co-living development coming to Miami’s hot Wynwood neighborhood, after the developers locked down a $29 million construction loan. The building, which will be located at 33 NW 28th St., will feature shared living spaces and residents will rent bedrooms in shared apartments. The financing was provided by the Chicago-based MP Real Estate Capital and the property will be managed by Quarters, a Berlin-based co-living operator.

Quarters Wynwood is designed by Arquitectonica and will feature 63 apartments with 217 full furnished co-living bedrooms. Amenities will include a rooftop pool deck, fitness center, co-working spaces. The project will also bring 3,852 square feet of ground floor retail.

Location Ventures Closes On South Beach Assemblage For $20 Million Where Co-Living Project Urbin Miami Beach Is Planned

The Coral Gables-based Location Ventures, led by Rishi Kapoor, has closed on the Washington Avenue assemblage where they have planned Urbin Retreat Miami Beach for $20 million. The acquisition was financed with at $14 million mortgage assumed from the seller, Fryd Properties. The assemblage includes a 10,697 SF retail property at 1260 Washington Ave. and an office building at 1234 Washington Ave.

Prior to closing, Location Ventures has had the Urbin Retreat Miami Beach project in the works since at least 2019. Urbin Retreat Miami Beach is designed by Touzet Studio was approved by Miami Beach’s Historic Preservation Board and Planning Board in August 2020. Urbin Retreat Miami Beach will be a co-living, co-working and wellness platform featuring 60 residential units for a combined 120 bedrooms, retail, co-working space, a rooftop bar and a ground floor restaurant and bar.

The Collective Reveals nArchitets-Designed Co-Living Mixed Use Building In Wynwood

The Collective has revealed plans for their proposed co-living mixed-use building to be located at 2825 NW 2nd Ave. The Collective is a London-based co-living operator and real estate developer which was founded in 2010 by Reza Merchant. The Collective currently operates co-living buildings in New York and London. The proposed building is expected to rise 12-stories and is designed by is designed by nArchitects with Corwil Architects as the architect of record.

The Collective Wynwood is proposed to have 180 residential units, 70 hotel units and 9,508 square feet of ground floor retail. The building is also expected to have 82,000 square feet of amenity spaces spread throughout every floor and includes co-working space, communal kitchens, a fitness center, gaming rooms, meeting rooms, a workshop studio, eight floor pool deck and rooftop garden.

East End Capital Receives Approval For Kobi Karp-Designed Co-Living Project, FOYER Wynwood

East End Capital, led by Jonathan Yormak, received approval from Miami’s Planning & Zoning Department for FOYER Wynwood on December 1. FOYER Wynwood is a co-living, mixed-use project at 2400 North Miami Ave. which is now pending a construction permit and demolition permit for remaining structures on the site. FOYER Wynwood is designed by Kobi Karp Architecture & Design and when complete will feature 375,000 SF of total development splits between 236 apartment units, 12,528 square feet of retail, 7,497 square feet of restaurant space and 400 parking spaces.

FOYER Wynwood will feature affordable co-living and micro-unit options in the apartment portion, together with co-workspaces and other amenities. In conjunction with the development, East End has launched the new “FOYER” brand to operate and manage this project as well as all the other co-living apartment projects in its pipeline.

All FOYER projects will include high ratios of furnished micro-units and co-living bedrooms with ensuite bathrooms, together with traditional studio, one- and two-bedroom units. Monthly rents for co-living bedrooms at FOYER Wynwood, which include the furnishings, electricity, common area cleaning, and WiFi, are expected to start around $1,500 per month.

FOYER Wynwood will also offer an abundance of shared amenity space, including a gym focused on functional training, a juice and coffee bar, an expansive pool deck, a chef’s kitchen and entertainment space, collaborative co-working and art studio areas, and state-of-the-art podcast and green-screen studios.

FOYER Wynwood will continue the renaissance occurring along North Miami Avenue, and is located near notable attractions such as Veza Sur Brewery, The Wynwood Arcade, Oasis, The Salty, and the planned Arlo Hotel. Construction is expected to commence in early 2021.

Robert Finvarb's Arquitectonica-Designed Mixed-Use Development Approved In Miami Beach

Robert Finvarb has secured approval for a mixed-use development proposed for the North Beach Town Center from the Miami Beach Design Review Board. As part of the approval Finvarb will build a 20’ bioswale to catch and purify rain water. The multi-phase development, located at 71st St. and Abbott Ave., includes a 14-story building with ground floor commercial space, 232 upper level residential units, and amenity space at the 5th-floor podium and rooftop levels. The residential portion includes a mix of 139 co-living units with studio and 1-bedroom floor plans in addition to a selection of 1- and 2-bedroom private residences. Amenities will include a 5th floor amenity deck featuring indoor and outdoor fitness space, spa services, outdoor kitchen and lounge areas. There will also be a rooftop dog walk and soccer field.

East End Capital's 236-Unit Co-Living Project Foyer Wynwood Approved on North Miami Avenue

East End Capital has received approval from the City of Miami’s Urban Design Review Board (UDRB) for FOYER Wynwood, a 375,000 SF 236-unit co-living, mixed-use project in Wynwood along North Miami Avenue. The approvals give the project its final green light to move forward. The development will continue the renaissance occurring along North Miami Avenue, and is located near notable attractions such as Veza Sur Brewery, The Wynwood Arcade, Oasis, The Salty, and the planned Arlo Hotel. Construction is expected to commence in early 2021.

Foyer Wynwood will be a 375,000 SF, 12-story, 236-unit multifamily residential project that spans North Miami Avenue from 24th to 25th Street. The project is being designed by globally recognized architecture firm, Kobi Karp Architecture & Design, also responsible for East End’s Wynwood 25 and Annex projects. Foyer Wynwood will feature affordable co-living and micro-unit options in the apartment portion, together with co-workspaces and other amenities. In conjunction with the development, East End has launched the new “FOYER” brand to operate and manage this project as well as all the other co-living apartment projects in its pipeline. 

East End Capital is the same developer behind Wynwood 25, with Related Group, a mixed-use, market-rate rental community, and Wynwood Annex, a class-A office building geared toward technology, advertising, marketing and innovation tenants including international entertainment company, Live Nation.

Foyer Wynwood will offer with an abundance of shared amenity space, including a gym focused on functional training, a juice and coffee bar, an expansive pool deck, a chef’s kitchen and entertainment space, collaborative co-working and art studio areas, and state-of-the-art podcast and green-screen studios.

All FOYER projects will include high ratios of furnished micro-units and co-living bedrooms with ensuite bathrooms, together with traditional studio, one- and two-bedroom units. Monthly rents for co-living bedrooms at Foyer Wynwood, which include the furnishings, electricity, common area cleaning, and WiFi, are expected to start around $1,500 per month. 

“FOYER aims to redefine the multifamily landscape by incorporating affordable co-living and micro-units into the traditional apartment mix.  FOYER communities will be priced and designed for renters of all ages, in all walks of life,” said Jonathon Yormak, the founder of East End Capital and FOYER.  “They will be low on cost, high on community and incredibly easy on convenience.”  In addition to A.I. enabled marketing and low-click on-boarding processes, FOYER’s roommate pairing will be taken to a new level through its proprietary compatibility algorithm.

Touzet Studio-Designed Urbin Retreat Miami Beach Proposed on South Beach

Urbin Retreat, designed by Touzet Studio, has submitted its final proposal to Miami Beach’s Historic Preservation Board and Planning Board. The proposal says that Urbin Retreat will offer “affordable global mobility through responsible green living and working in urban centers.” Urbin Retreat Miami Beach will be a co-live, co-work and wellness platform that “fosters creativity and ignites connections through small units, big amenities and an emphasis on community.” Located on the 1200 block of Washington Ave. between 12th and 13th street, Urbin Retreat will feature a hotel, co-living, retail, a rooftop bar and a ground floor restaurant and bar.

Blue Jay Capital Gearing Up To Break Ground On Virgin Hotels Brickell Tower With Co-Living

Blue Jay Capital is getting ready to break ground on a 40-story hotel project at 1040 S. Miami Ave. which will be Miami’s first Virgin Hotels location with a second location planned for South Beach. Virgin Hotels Brickell Tower is designed by the Atlanta-based BLUR Workshop. The Brickell property will feature 250 hotel rooms, 150 residential units, a 3-story terraced rooftop lounge with pool, library, coffee shop, beer garden, live music venue, spa, restaurant, bar, social club and 15,000 SF of meeting and event space. The residential component will offer micro units, some of which will be under 400 SF, as well as co-living units with 3-4 bedrooms. The hotel and residential components will share the amenities. Groundbreaking is expected for 2020 with an expected completion date in 2023.