Rilea Group Breaks Ground on Mohawk at Wynwood Mixed Use Luxury Rental Development

Veteran South Florida developer Rilea Group broke ground on Mohawk at Wynwood, a 300-residence mixed-use development that will establish the defining link between the Wynwood Arts District and Midtown Miami. Located at 50 NE 29th St., Mohawk joins two neighboring projects: The Rider Residences, a boutique condominium developed in partnership with Ciprés, the next-generation real estate development firm, and The Boxer, an eight-story rental building Ciprés is spearheading at 20 NE 29th St. Together, the two firms are shaping nearly an entire city block through the three transformative projects at the nexus of Wynwood, Midtown, Edgewater and the Miami Design District.

Rilea Group, the sales and construction teams, banking and finance executives, members of the brokerage community and select media came together for a ceremony to celebrate the groundbreaking on Sept. 23, 2026.

Mohawk is situated approximately 100 yards from Amazon's new Miami offices, in the middle of a corridor where, according to Rilea Group, more than $11 billion of real estate development is currently underway.

Comprising 12- and eight-story residential towers, Mohawk will feature 300 apartments and 29,118 square feet of ground-floor retail, organized around an open-air, cobblestone pedestrian paseo connecting Northeast 28th and 29th streets.

"Mohawk is punk rock in a tailored jacket," said Diego Ojeda, Founder of Ciprés and President of Rilea Group. "It is a mixed-use project, 300 residences over retail, but nothing about it behaves like one. Chicago brick, blackened steel and glass on the outside. High fashion, photography and rock and roll on the inside. Art on every floor. Nobody has built a rental building like this in Miami, and that is exactly the point. We are also giving the neighborhood its widest sidewalks, because a great restaurant deserves a real terrace. Our retail owners get room for tables, while the runner, the dog walker and the stroller still glide past without touching a chair. That is how Fifth Avenue works. That is how the Champs-Élysées works. We did not design Mohawk to fit in. We designed it to be the talk of the town, and the retail numbers say the town has already noticed."

Mohawk is Rilea Group's sixth project with Coastal Construction, a relationship that includes 1450 Brickell, home to J.P. Morgan's Miami headquarters, and Banco Santander's U.S. headquarters now rising at 1401 Brickell Avenue. Construction financing was provided by Nuveen Green Capital and ABANCA, the Spanish bank headquartered in Galicia. The project is slated for completion in 2029.

A Facade from the Industrial North, Interiors from London

Designed by Deforma Studio, Mohawk's exterior is influenced by Chicago and Brooklyn’s brick facades, with blackened steel and glass - an homage to the industrial architecture of the Northern region’s warehouses and factory lofts, carried as far as modern materials allow.

“Mohawk is our homage to the industrial North - the brick warehouses and factory lofts of Chicago, Brooklyn and Philadelphia, reinterpreted through a contemporary Miami lens,” said Javier Barrera, Principal of Deforma Studio. “The reclaimed brick is authentic, salvaged from old factories across the North East and Midwest, so there’s real history embedded in the building. We paired that material with dark metal and glass to capture the character of that industrial architecture without trying to replicate it literally. Diego gave us the freedom to be genuinely creative on this one, and you can see that freedom in every elevation.”

Interiors by RADYCA will distinguish Mohawk as Miami's most fashion-forward and rock-and-roll-focused residential apartment building, with photography, sculptures and murals accenting the lobbies, paseo and amenity floors.

"I went to London to be inspired for Mohawk," said Ramón Alonso, President of RADYCA. "Camden, Shoreditch, the old punk clubs and the fashion houses that grew up next to them. That collision of high fashion and rebellion is what Mohawk's interiors are about. Raw brick, blackened steel, velvet, photography on the walls, a lobby lit like a stage. It is a home for people who would rather be in the front row than the back."

Retail Built for Restaurants and Flagships

Mohawk's 27,990 square feet of ground-floor retail is for sale, with units from 642 to 2,544 square feet, each delivered with high ceilings, grease-trap-ready infrastructure and storefronts opening onto Northeast 28th Street, Northeast 29th Street and the paseo. Sidewalks along the project are 30 feet wide, sized to what shoppers find on Fifth Avenue in New York City or Calle Serrano in Madrid, with room for outdoor dining. On 28th Street, the retail abuts the new headquarters Rilea Group is building for Grammy-winning artist Pitbull.

The paseo, a cobblestone passageway inspired by New York's Meatpacking District, runs through the block from 28th to 29th Street, lined with shopfronts, sculpture and photography.

Retail sales at Mohawk have already set records. Approximately a third of the retail space is under contract at a blended price of about $1,800 per square foot, the highest retail pricing ever achieved in Wynwood or Midtown Miami. Early this year, an international buyer acquired five units for approximately $14 million settled in USDT, a U.S. dollar-pegged stablecoin, the largest crypto-settled commercial real estate sale in Miami’s history, executed with tokenization specialist Propy. Cryptocurrency payments remain available for retail purchases. Cervera Real Estate and The Comras Company lead the retail sales team.

Residences and Amenities

Rising above the streetscape, studio, one-, two- and three-bedroom apartments will feature tile flooring throughout, Bertazzoni appliances and kitchens with Dekton by Cosentino countertops, backsplashes and cabinetry. Select homes will open onto spacious lanais and private outdoor living areas.

Rooftop amenities across both towers will include a pool deck, a padel court, secluded gathering areas and a dedicated dog park. Indoors, residents will find a Turkish hammam, a gym, a double-height lounge and offices designed for focused work. Recreational offerings will encompass a game room, indoor and outdoor children's play areas, a separate lounge and bar and a private park. An enclosed garage will accommodate 318 vehicles, with 17 additional on-street parking spaces adjacent to the property.

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DFRE™ Begins The Triangle, A $35 Million Workforce Housing Development Designed by ODP Architects in Miami’s Health District

Miami-based development firm DFRE™ has revealed The Triangle, a $35 million mixed-use workforce housing development bringing 112 rental residences to Miami’s Health District, one of the city’s largest employment hubs. Located at 1750 NW 15 Street Road, the eight-story, 121,636-square-foot project is currently under construction and will provide thoughtfully designed, attainable housing within close proximity to the district’s major employers and transit connections.

The development comes as Miami-Dade County faces a need for approximately 35,000 additional workforce housing units to address the growing gap between housing costs and local incomes, a challenge particularly relevant in the Health District, which supports more than 46,000 jobs across healthcare, institutional and other essential sectors. The Triangle is being developed under Florida’s Live Local Act, with all 112 rental residences income-restricted to households earning up to 120% of Area Median Income (AMI).

“Our responsibility extends far beyond developing real estate,” said Daniel Dias, principal at DFRE. “With The Triangle, we’re turning a site in the heart of the Health District into attainable, well-designed housing for the people who serve this community. It’s about giving Miami’s workforce the opportunity to live closer to where they work while creating a place that strengthens the neighborhood for the long term.”

Designed by ODP Architects—the Miami-based firm behind high-profile developments including Villa Miami—The Triangle brings a luxury-caliber design approach to workforce housing. Its articulated façade of projecting balconies, recessed glazing, vertical screening elements, and warm soffit accents create depth, privacy, and a strong indoor-outdoor connection. Generous glazing and integrated planting bring natural light and greenery directly into the residential experience. These features also provide shade and reduce solar exposure, demonstrating that thoughtful design and affordable housing can go hand in hand.

The development will feature:

• 112 rental, 450-square-foot studio units with private balconies and club membership included

• A landscaped 10,000-square-foot pool terrace located on the fifth level, featuring private cabanas, an outdoor television, dedicated gathering spaces, and a fully equipped outdoor grilling area

• A 3,500-square-foot ground-level fitness center featuring a health food and juice bar, complemented by private fitness studios and dedicated cardio rooms across the second through fourth levels

• Direct access to green space designed to promote wellness and community connection

• Additional amenities include dedicated parking, secure bicycle storage, resident club room, in-residence laundry facilities, full-time on-site staff, and a dedicated package room

Ground-floor uses will activate the streetscape, while the project’s walkable location connects residents to Jackson Memorial Hospital, the University of Miami Health System, public transit, neighborhood services and retail throughout the Health District. Local artists will also be incorporated throughout the development, reinforcing Miami’s cultural identity and creating a distinctive sense of place.

The Triangle reflects DFRE’s distinct approach to urban infill: transforming an overlooked, irregular “odd lot” parcel into a transit-oriented community designed around how residents live, work and connect. The triangular site, with a single point of ingress and egress along NW 15th Street Road, presented unique design and construction challenges. Through close collaboration between design and structural teams, DFRE transformed these constraints into opportunities, optimizing the building footprint, circulation, structural systems, and overall site functionality while creating a compelling design.

“Some developers see difficult sites. We see opportunities,” said Laura Weinstein-Berman, principal at DFRE. “The Triangle proves that workforce housing does not mean compromising on design or quality. We’ve approached the architecture, residences and shared spaces with the same level of intention you would expect from a high-end development, because thoughtful design should not be determined by price point. We want to create a place that residents are genuinely proud to call home.”

The Triangle is anticipated to top off in mid-2027, with completion slated for early 2028.

Unlike a traditional build-and-exit development model, DFRE owns, develops, operates and programs its properties, staying invested from acquisition and design through long-term operations. This model gives the firm a direct role in how its properties serve residents and contribute to their neighborhoods long after construction is complete.

The Triangle builds on a development model DFRE has already implemented across Miami. In Little Havana, El Jardín Inn transformed a collection of historic Art Deco buildings near Calle Ocho through adaptive reuse and historic preservation, introducing boutique hospitality, cultural programming and partnerships with local artists and businesses. In Overtown, Peach on 14th reimagined an underutilized urban site through a public-private partnership as a mixed-use neighborhood hub combining affordable work-live residences, commercial and civic uses, public space and an exhibition gallery.

Looking ahead, DFRE plans to expand its South Florida pipeline with additional workforce housing and mixed-use developments grounded in affordability, design, sustainability and long-term neighborhood investment.

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Oak Row Equities and LNDMRK Development Top Off 2900 Terrace Luxury Rental Tower Coming To Edgewater

Oak Row Equities and LNDMRK Development have topped out 2900 Terrace, a 32-story luxury rental development in Miami’s Edgewater neighborhood. Located at 401 NE 29th Street, 2900 Terrace will bring 324 luxury rental residences pairing generously proportioned homes with thoughtful, condo-level design and an emphasis on indoor-outdoor living. The project is anticipated to deliver in Q4 2027.

Oak Row Equities is a leading vertically-integrated real estate private equity and development company with over $3.9 billion of development in South Florida led by Erik Rutter and David Weitz. In Edgewater Oak Row Equities is also developing 2600 Biscayne, a 41-story mixed-use tower featuring 399 luxury rental residences, along with office and retail space.

LNDMRK Development is a principal based real estate company concentrated on mixed use urban development and opportunistic value based acquisitions led by Alex Karakhanian.

“Topping out 2900 Terrace is an exciting step forward as we move closer to delivering a truly differentiated residential experience in Edgewater,” said Erik Rutter, Co-Founder and Managing Partner of Oak Row Equities. “Our vision has been to create a property that reflects how people want to live in Miami today, combining spacious residences and thoughtful design with exceptional amenities and easy access to everything the city has to offer.”

Designed by Arquitectonica, with interiors by Vida Design and construction led by Coastal Construction, 2900 Terrace will feature one-, two- and three-bedroom residences averaging 1,069 square feet, with select layouts featuring dens and enclosed studios. Thoughtfully scaled layouts set the residences apart from typical rental offerings, with wider living rooms, expansive balconies spanning the length of the home and floor-to-ceiling windows in select bedrooms that maximize natural light and frame views of Biscayne Bay. Kitchens will feature dedicated pantry storage in select layouts, while condo-level finishes and top-of-the line appliances bring an elevated level of design and functionality to everyday living.

“2900 Terrace reflects the continued evolution of Edgewater into one of Miami’s most desirable residential neighborhoods,” said Alex Karakhanian, Principal of LNDMRK Development. “With spacious residences, condo-level finishes, expansive outdoor living and a robust collection of wellness, lifestyle and work-from-home amenities, the project is designed around how residents want to live in Miami today.”

The development’s amenity program is designed to support the many ways residents live, work and spend their time at home. Wellness offerings will include a fitness center, spa, yoga and hammam facilities, while outdoor spaces will center around the pool, pool lounge and padel courts. Residents will also have dedicated spaces for work, entertainment and gathering, including coworking and meeting spaces, a cinema, private dining room and clubroom, with dedicated areas for families and content creators rounding out the experience.

“2900 Terrace brings together the quality of a condominium with the flexibility and convenience of a professionally managed rental building,” said David Weitz, Co-Founder and Managing Partner of Oak Row Equities. “We put a strong emphasis on design and service to make the property, and its amenities feel like a true extension of home. Combined with its location in Edgewater, we believe 2900 Terrace offers a compelling new standard of living for renters in Miami.”

Situated in Edgewater, 2900 Terrace is located east of Biscayne Boulevard and one block away from Biscayne Bay, offering residents a quieter waterfront setting with convenient access to Miami’s urban core. Residents will be steps away from the Baywalk, a public waterfront promenade along Biscayne Bay, while nearby Biscayne Boulevard and I-95 provide connectivity to surrounding submarkets and employment centers including the Design District, Wynwood, Brickell, Downtown, and Miami Beach.

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Check Out The World-Class Kobi Karp-Designed Amenities At PPG Development's Slate Hallandale Beach

The Kobi Karp-designed Slate Hallandale Beach, a recently completed high-rise luxury rental property developed by Ari Pearl’s PPG Development, offers an unparalleled elevated living experience in Hallandale Beach, Florida. The project owned in partnership with BH3 Management and is open to residents. The 26-story luxury rental community with 250 modern residences is located at 101 Diplomat Parkway in Hallandale Beach.

Slate’s debut this past summer marked the first time Hallandale Beach has seen a rental development of this caliber. Delivering 20,000 square feet of amenities and $18,000/month penthouses make it unlike any other apartment community in South Florida, including a golf simulator, tennis courts, a wine cellar with personal storage for residents, concierge, valet and fully-loaded fitness facilities with Pilates equipment, Hydrow rowers and more.

Designed by Kobi Karp Architects & Interior Design, Slate Hallandale Beach offers an elevated living experience beyond comparison, bringing NYC-style ultra luxury rentals to South Florida and represents another milestone for Hallandale Beach as the city continues to allure residents with its fantastic beaches, world-class dining and entertainment and unparalleled residential offerings. The project is part of a $500-million makeover of the Diplomat Golf Resort & Tennis Club into The Shell Bay Club, which includes an Auberge Resorts hotel and brand new Greg Norman-designed 18-hole course.

The thoughtfully designed floor plans range from one to four bedrooms and offer stunning views with spacious open-floor plans, sweeping 10-foot ceilings and expansive terraces with floor-to-ceiling glass windows and doors for seamless indoor and outdoor living. Well-appointed, modern design elements are incorporated throughout the interiors with sleek finishes, top-of-the-line Samsung energy efficient appliances, quartz stone waterfall edge kitchen islands, luxurious bathrooms with floating vanities, glass-enclosed showers and soaking tubs in some units. A limited selection of penthouse units feature 14-foot ceilings and breathtaking views of the Atlantic Ocean and Intracoastal Waterway.

Slate Hallandale Beach offers a sophisticated blend of sustainability and modern grandeur, the building enhances the lifestyle of residents through more than 20,000 square feet of resort-inspired amenities and first-class services in the heart of Hallandale Beach. The amenities are designed for any golf enthusiast and fitness junkie, featuring as a golf simulator, state-of-the-art fitness facilities, tennis courts, and more.

Residents at Slate have access to one of the most diverse and well-rounded fitness facilities ever seen in a rental community outside of NYC. The fitness center features a training room for individual workouts with a Pilates reformer and chair, Echelon Reflect smart fitness mirror, Nexersys boxing trainer, boxing bag, TRX suspension system and more cardio room with Hydrow rowers and Echelon cycling bikes strength conditioning room with resistance machines and free weights.

The lavish spa lounge offers a sauna and massage treatment rooms. Slate also offers a spa soaking hot tub for residents catching rays outdoors by its expansive resort-style outdoor pool and cabanas.

Rounding out the offerings are a game lounge and kid’s playroom, golf simulation room, business center and conference room, movie theater, event space, wine cellar with personal lockers available for reservation, as well as a dedicated pet area and grooming station, a dog park, an electric car-charging station, and a bicycle station. On-site valet, a concierge and a 24-hour doorman provide residents and their guests with exceptional security and service.

Slate Hallandale Beach overlooks The Shell Bay Club, the first new golf course in the Miami area in over 25 years. Shell Bay represents the new frontier of elite clubs, bespoke residences, and elevated wellness and leisure, offering one of the most exclusive private members clubs in North America. The Shell Bay Club includes a 7,250-yard championship golf course designed by Greg Norman, a 12-acre practice facility with a 9-hole par 3 course, a premier racquet center with four Grand Slam tennis surfaces, pickle ball courts, and padel courts, a 48-slip private yacht club, and a private Member’s Clubhouse with a spa and performance fitness center.

New Urban Development Proposes View 29 With Affordable And Workforce Housing In Wynwood

New Urban Development, an affiliate of non-profit organization The Urban League of Greater Miami, has proposed View 29 in Wynwood. The residential project is located at 2901 NW 2nd Ave. and will offer a mix of affordable and workforce housing to help address the shortage of affordable housing in Miami. The 27,717 SF site was deeded by the county to New Urban Development in 2020 in exchange for the development of affordable and workforce housing.

View 29 is designed by MC+G Architecture and will rise 12-stories, offering 116 apartment units, 105 parking spaces and 6,910 SF of ground floor retail. The unit mix is expected to offer 30 studios, 18 one-bedroom units, 58 two-bedroom units and 10 three-bedroom units. Residences would range from 650 SF to 1,200 SF. Amenities will feature a pool, community room, childrens’ room, fitness center, yoga room, business center and a rooftop terrace with a solar panel canopy. The Wynwood Design Review Committee is scheduled to review the proposal on May 12.

Melo Group Locks Down $99 Million Refinancing For Miami Plaza Apartment Tower In Downtown Miami

Melo Group has locked down a $99 million refinancing for its recently delivered transit-oriented Downtown Miami apartment tower, Art Plaza. The 36-story, 425-unit Art Plaza, which is located at 1500 Northeast Miami Plaza, is now 95% leased after Melo Group delivered the building in July 2020. The loan is a 10-year, interest-only loan financed by Freddie Mac and arranged by Peter Mekras of Aztec Group. The refinancing will be used to pay off a $62.7 million construction loan from BB&T which was funded in 2019.

Apartments at Miami Plaza feature expansive balconies with bay and city views, floor-to-ceiling sliding doors, energy-efficient tinted glass, European-style kitchen and bathroom cabinetry, granite countertops, double door refrigerators, stainless steel appliances, spacious living and dining rooms, imported ceramic tile and laminated wood flooring, and full-size washer and dryers. Residences at Miami Plaza apartments range from one- to three-bedrooms measuring between 700 to 1,400 square feet. Monthly rental rates initially started at approximately $1,680 for one-bedroom units; $2,100 for two-bedroom units; and $2,640 for three-bedroom units.

Building amenities include a large 70-foot swimming pool, a fully-equipped fitness center, a café social lounge, 24-hour concierge/security, and a multi-level secured garage with valet service.

Miami Plaza marks the fourth multifamily development, and sixth tower, that Melo Group has delivered in the Arts & Entertainment District since 2016 and completes the final phase of the firm’s plan to bring more than 2,300 transit-oriented rental units to the growing neighborhood. The firm’s previously completed developments in the area, all of which are clustered around the Miami-Dade Metromover School Board Station within a few blocks of each other, include the 497-unit Melody Tower, which delivered in 2016; the two-tower 710-unit Square Station, which delivered in 2018; and most recently, the two-tower 667-unit Art Plaza, which delivered in 2019. Melo Group is also developing Downtown 5th at 55 NE 5th Ave, an apartment community with 1,042 rental units spread over two 51-story towers in nearby Downtown Miami.

Terra And New Valley Break Ground On Natura Gardens Multifamily Development In Northwest Miami-Dade

Terra and New Valley have broken ground on Natura Gardens, a 27-acre multifamily development encompassing 460 garden-style rental apartments. The news comes approximately one year after the partnership finalized the purchase of a 72-acre development site in northwest Miami-Dade and as the joint venture also completes the sale of the parcel’s remaining 45 acres to Butters and Greystar for $53.5 million. Site work at Natura Gardens is currently underway, with vertical construction expected to take place in Spring 2021. Delivery is anticipated in early 2022.

“Northwest Miami-Dade is experiencing a surge of demand for new residential and commercial development, which is why we initially zeroed in on this parcel as a prime development site,” said Terra CEO David Martin. “Shortly after our JV announced plans for Natura Gardens, we were approached by several developers that shared our vision for bringing new housing options and infrastructure to this part of the County, and that opened the door to selling our originally planned second and third phases of the development site to Butters and Greystar. This is a good example of how forward-looking development that meets market demand can serve as a magnet for new investment in underserved areas.”

Situated along NW 170th Street between I-75 and Florida’s Turnpike, Natura Gardens is located a short drive from several of South Florida’s largest employers, including Boeing, Royal Caribbean International, Preferred Freezer Services, and The Home Depot.

“We were excited to have worked with Terra to complete the vision for this magnificent site and create a balanced sustainable development that will benefit the residents as well as Miami Dade County,” commented Butters Construction & Development, President, Malcolm Butters.

Designed by Pascual, Perez, Kiliddjian Architecture (PPK), Natura Gardens will range from one- to three-bedrooms, measuring between 727 and 1,476 square feet in size. Amenities will include a two-story clubhouse with a resort-style pool and spa; a media room, game room and kids playroom; a children’s tot-lot play area with recreational equipment and electronics charging stations; a state-of-the-art fitness center with yoga, aerobics and spinning studios; co-working spaces and a coffee bar; and a residents-only dog park with site furnishings. Inspired by the area’s natural surroundings, the community will feature lush landscaping, open lawns, lakes and preserves. Residents will also have access to a dedicated walking/running trail throughout the community.

Bar Invest Group Acquires 358-Unit Pembroke Pines Multifamily For $79.5 Million

Bar Invest Group, led by Herve Barbera, has acquired the 358-unit The Landings at Pembroke Lakes for $79.5 million, roughly $222,000 per unit. The property traded at a reported 4.5% cap rate and was 95% occupied at the time of sale. The seller was Starwood Capital Group who acquired the garden style multifamily property in 2016. The transaction was completed via an Entity Purchase, which involves transferring the LLC which owns the asset and not the deed, which is used in order to avoid paying documentary stamp taxes. The sale was financed with a $52.88 million loan provided by BankUnited NA. The transaction was overseen by Kaya Suarez and Still Hunter with Walker and Dunlop.

The Landings at Pembroke was developed in 1989 and is located on a 26.6 acre site at 10650 Washing St. in Pembroke Pines. The property features seventeen garden-style buildings with units ranging from one to two-bedroom layouts and from 486 square feet to 1,046 square feet. Bar Invest plans to execute a value add strategy and renovate the property by updating the common areas and apartment interiors. Amenities include a fitness center, pool, grill area, tennis and volleyball courts, racquetball, laundry facilities, business center and on-site management.

Tech-Enabled Business Travel Firm 'Mint House' Expands To Downtown Miami

At a time when major operators business travel short-term lease extended stay operators such as Lyric and Stay Alfred are shuttering, Mint House, a tech-enabled hotel company for high-end business travelers, is continuing to rapidly expand despite the COVID-19 pandemic. Mint House recently expanded their Miami operation with the addition of a second location in Downtown Miami, Mint House at Muze at Met.  

Mint House at Muze at Met opened on January 13 after the firm acquired 22 units from previous operator Lyric. The acquisition was driven by a high demand of northeasterners looking to escape the cold and corporate travelers across the U.S. having the ability to work remotely. The brand’s first Miami location, Mint House at Caoba posted solid numbers for December 2020 with 91% occupancy and so far has seen 85% occupancy during January 2021. 

Those staying at Mint House at Muze at Met are greeted with the brand’s signature self-sufficient living elements like contactless check in/check out, keyless entry, customized groceries waiting in the refrigerator upon arrival, laundry in unit, and functional at-home working spaces.

Muze at Met was developed by ZOM Living in 2019 and is located at 340 SE 3rd St. Miami.

The Estate Companies Gearing Up To Break Ground On Soleste NoMi Beach In North Miami Beach

The Estate Companies, a subsidiary of Estate Investments Group (EIG), is gearing up to break ground on Soleste NoMi Beach in North Miami Beach. The project, which is located at 16395 Biscayne Blvd., will feature 367 apartment units, 2,708 square feet of commercial space and 655 parking spaces. The Estate Companies acquired the site in December 2020 for $13.1 million after the project, designed by Form Group, was approved in September 2020.