Related Group And Tricap Launch NoMad Residences Wynwood With A Casa Tua Cucina

One of Florida’s leading developers Related Group, together with Manhattan-based developer Tricap, have unveiled plans for the NoMad Residences Wynwood, the first residential concept from the global hospitality icon NoMad Hotels and its parent company, Sydell Group.

Known for thoughtfully designed properties, grounded in the idea of ‘creating an artfully lived life,’ NoMad Hotels have captured the imagination of world travelers. The brand’s curated approach has earned countless accolades from media and industry organizations, including NoMad London being honored as one of the city’s top hospitality destinations by Architectural Digest, Conde Nast Traveler and Vogue, as well as the AHEAD Global Ultimate Award for “Best New Hotel in the World” and “Hotel of the Year” at the AHEAD Europe 2021 awards.

“There is no brand better suited for Wynwood,” says Jon Paul Pérez, President of Related Group. “Each NoMad Hotel embraces and elevates its surrounding communities with an artistic spirit that fuels excitement, energy and growth. Along with our partners at Tricap and NoMad, we are set to deliver the only residential experience worthy of this incredible neighborhood.”

Presenting experiences rich in style and mastery of craft, the NoMad Residences Wynwood is the first hospitality infused condominium in the market, drawing inspiration from the brand’s inaugural property in New York City, as well as its award-winning sister hotels in London, Las Vegas and Los Angeles. At the heart of this promise is the property’s best-in-class food and beverage offerings, which include a signature rooftop restaurant and mixology bar concept, The NoMad Bar. The restaurant will be helmed by James Beard Award Winner Leo Robitschek, VP of Food and Beverage at Sydell Group and the former Bar Director for New York City’s three-Michelin Star restaurant Eleven Madison Park.

Andrew Zobler, CEO at Sydell Group and recent Miami transplant, says, "Our team is known for creating unique hotels that feel like home and tell stories of their neighborhoods. As our first fully residential experience, we intend for the NoMad Residences Wynwood to become central to our residents’ life stories and set a new bar for condominium living."

The project will also include an exceptional anchor destination on the ground floor – Casa Tua Cucina. A lighthouse brand setting the standard for a new way of experiencing high-end social dining, ‘Cucina’ is an expansive open-kitchen concept offering simple, yet expertly crafted Italian and Mediterranean fare. A brand whose intention is set on offering meaningful and authentic experiences, Casa Tua Cucina brings soul, craftsmanship and a strong-rooted community to the heart of Wynwood.

“My team and I love Wynwood. The neighborhood is blooming and quickly asserting itself as one of the world’s great communities,” says Casa Tua founder Miky Grendene. “It’s been incredible to work with all the talented teams involved in the NoMad project, all of which share our commitment to simplicity, quality, and service. We cannot wait to deliver a gathering space that’s as vibrant and soulful as Wynwood itself.”

Located at 2700 NW 2nd Avenue, steps from the world-famous Wynwood Walls, the NoMad Residences Wynwood continues the brand’s tradition of blending iconic heritage with new, cutting-edge ideas. The brand’s focus on eclectic, modern design remains a priority, with all interior spaces envisioned by DesignAgency – known for their work with world-renowned brands. Working together with the development team and global award-winning architecture firm Arquitectonica, DesignAgency is committed to delivering spaces that honor and complement Wynwood’s free-thinking aesthetic.

The meticulous attention to detail extends to the bespoke on-site amenities, hand-selected by NoMad’s world-class team. In addition to the showstopping eatery and bar, the expansive rooftop will feature striking panoramic views of downtown Miami, a fully serviced pool and sun deck, private cabanas, and a state-of-the-art indoor and outdoor fitness lounge. The signature NoMad Library and Lounge, located on the ninth floor, will serve as a secondary resident hub, featuring NoMad-curated experiences and events, ample shared workspaces, and more. Additional on-site highlights include an outdoor theater with a seating lawn and grilling area, 24/7 valet service, and museum-quality art handpicked from the Jorge M. Pérez Collection.

The 329-units within the nine-story building range from 464 to 931 square feet and come standard with high ceilings and floor-to-ceiling sliding glass doors leading out to private balconies. Kitchens will be equipped with premium Bosch appliances, Italian-style cabinetry adorned with brass hardware, and sleek stone countertops. All units will also come fully furnished, with packages curated by DesignAgency. Buyers will also have the option to rent their units to guests, with the expert in-house property management team spearheading check-in and check-out.

The surrounding Wynwood neighborhood – praised as one of the country’s hottest neighborhoods by Tripadvisor and the most walkable area in Miami – frames the property. Residents enjoy easy access to countless office hubs, including a WeWork location, 70+ art galleries and countless street-level murals, trendy boutiques featuring a mix of eclectic and couture fashion, as well as well-known retailers, such as Marine Layer and Warby Parker. The property is also steps from Miami’s most exciting culinary scene, featuring nationally recognized outposts such as KYU, Panther Coffee, Uchi, Zak the Baker and many others.

“There are no compromises here,” says David Edelstein, Principal at Tricap. “Between the unmatched location, The NoMad Bar, Casa Tua, the first-class amenities, and exclusive thoughtful offerings, the NoMad Residences Wynwood sets the standard for all future residential concepts in the area.”

With prices starting in the mid $500,000s, reservations for the NoMad Residences Wynwood are set to begin in April 2022, with groundbreaking targeted for the last quarter of 2022. Fortune Development Sales is the exclusive sales partner.

Images via Related Group

For more information about NoMad Residences Wynwood, private showings or purchasing/ leasing information please fill out the form below:

TriStar Capital and RAL Development Acquire Final Piece Of Wynwood Assemblage For $13 Million

David Edelstein’s TriStar Capital and RAL Development, led by Robert Levine, have closed on the final piece of their 72,000 SF Wynwood assemblage where an office campus is planned. The development partnership paid $13 million for a 31,250 SF site at 2701 NW 5th Ave., financed by a $12.1 million mortgage provided by Comerica Bank. The property currently has a 20,239 SF building that will be demolished to make way for an office campus that includes the adjacent 39,732 SF lot at 2661 NW 5th Ave. which TriStar Capital acquired in 2018 for $18 million. Combined the assemblage totals 70,932 SF and cost $31 million.

The developers are planning to build a modern, technologically advanced office campus targeted at Miami’s fast growing tech sector. The campus will feature two Arquitectonica-designed mixed-use 8-story office towers with roughly 300,000 SF of Class A office space.

Images via TriStar Capital

RFR Holding And Tricap Partnership Acquire 12 Units At W South Beach For $10.78 Million

A partnership between Aby Rosen and Michael Fuchs’ RFR Holding and David Edelstein’s Tricap, who also co-developed W South Beach, have closed on the purchase of 12 units at the iconic beachfront condo-hotel for $10.78 million. The acquisition was financed with a $6.9 million loan from Citibank and Deutsche Bank and brings the partnership’s holdings to 225 units at the condo-hotel and plans to roll the newly acquired units into the hotel program.

The seller was a group of entities tied to Ralph and Joseph Nakash who initially purchased the units in 2014/ 2015 for roughly $9.85 million. The Nakash family are the owners of Jordache Enterprises which owns the Versace Mansion and Setai Miami Beach Hotel.

The deal was in the spotlight in the summer of 2020 after the RFR and Tricap partnership nearly did not close on the units during the COVID-19 pandemic and sued for their deposit back. The dispute was reportedly solved amicably.

The 20-story, 408-key W South Beach was developed in 2009 and just underwent an eight-month, $30 million renovation. W South Beach is located at 2201 Collins Ave.