Ken Griffin Acquires $1.1 Billion Mana Wynwood Portfolio in Largest Land Assemblage Deal in Florida History

Wynwood is set for another major transformation following the $1.1 billion sale of the Mana Wynwood portfolio to billionaire Citadel founder and CEO Ken Griffin, marking the largest land assemblage transaction in Florida history and paving the way for a new 35-acre Carnegie Mellon University campus in Miami.

The transaction transfers one of Wynwood's largest consolidated property assemblages from investor and developer Moishe Mana to Griffin. Rather than pursuing a conventional mixed-use redevelopment of the sprawling portfolio, the property is planned to become Carnegie Mellon University Miami, establishing a major new academic, research and innovation hub within the neighborhood.

The Miami campus is part of Griffin's newly announced $3 billion commitment to Carnegie Mellon University, with approximately $2 billion dedicated to establishing the university's Miami presence, including the value of the Wynwood real estate.

Carnegie Mellon plans to begin enrolling students in Miami in 2028, with the campus eventually expected to accommodate more than 3,500 students, approximately 300 faculty members and more than 600 staff. Construction could begin as early as next year.

The new campus is planned to incorporate research facilities and spaces connecting academia with industry and entrepreneurship. Carnegie Mellon is internationally recognized for programs including computer science, artificial intelligence, engineering and robotics.

The acquisition encompasses approximately 35 acres in Wynwood, including the property associated with Mana Wynwood at 318 NW 23rd Street. The existing complex is anchored by a convention center and has become a major destination for events including the III Points music festival.

The transaction arrives as Wynwood continues its evolution from an industrial and arts district into one of Miami's fastest-growing mixed-use and residential neighborhoods. New condominium and multifamily developments, offices, hotels, restaurants and retail have introduced a growing permanent population to an area once dominated by warehouses, galleries and nightlife.

A university campus of this scale introduces another major component to that transformation. Thousands of students, faculty and staff could establish a substantial year-round population while generating additional demand for housing, restaurants, retail and businesses throughout Wynwood and surrounding neighborhoods.

Griffin had already expanded his presence in Wynwood earlier this year through the acquisition of the 545Wyn office building at 545 NW 26th Street for more than $180 million alongside Goldman Properties.

The $1.1 billion acquisition and planned 35-acre Carnegie Mellon University Miami campus represent a significant new chapter for Wynwood, adding education, research and technology to a neighborhood already undergoing substantial residential and commercial growth.

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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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The Rider Residences Tops Off Construction In Wynwood

Ciprés, a next-generation real estate development firm, in partnership with veteran South Florida developer Rilea Group, announced the recent topping off of construction for The Rider Residences, a boutique, one-of-a-kind bold interpretation of residential living, rising 12 stories at 94 NE 29th St.

The milestone follows the start of vertical construction in 2025 and marks significant progress toward the project’s anticipated completion in the second half of 2027. Beauchamp Construction serves as the general contractor.

“Construction top off is the moment the last slab is poured and the structure is completed. From here, the façade takes shape and work on the interiors begins,” said Diego Ojeda, Founder of Ciprés and President of Rilea Group. “Reaching this milestone on schedule says a lot about the project and reflects the dedication of Beauchamp Construction, the crews on site and our entire team, along with the support of Banco Inbursa, who backed us from the start. Ciprés conceived The Rider as a piece of contemporary Miami, where architecture, art, fashion and rock ’n’ roll live under one roof. This month, we will start construction on Mohawk at Wynwood on the same block. We are here for the long run.”

Located at the crossroads of Wynwood, Midtown, Edgewater and the Miami Design District, The Rider Residences situates residents at the nexus of acclaimed dining, art, luxury shopping and national retailers.

The building will encompass 152 fully furnished studios, one-, two-, and three-bedroom homes, as well as penthouses, with select floorplans featuring dens and half baths, ranging from 386 to 1,612 square feet. Features include Bertazzoni appliances, Italkraft cabinetry, Cosentino Dekton countertops and smart-home technology. Restoration Hardware furnishings will be available in select penthouse and lanai residences. Pricing ranges from $550,000 to $2.4 million.

Architecture by Deforma Studio pairs industrial influences with Miami’s creative energy, while interiors by RADYCA draw on 1970s glamour through rich materials, midcentury references and photography sourced from Morrison Hotel Gallery and Iconic Images Gallery.

Amenities will include a resort-style rooftop pool area, residents lounge, as well as fitness and wellness spaces with cold plunges, infrared saunas and a marble Turkish hammam. The Leopard Room, a soundproofed speakeasy and lounge on the ground floor, separated from the residences by the garage above it, will be available for owners and tenants to reserve for private events. Motorcycle and bicycle rentals and a gated bike room will be available for those on the go. Owners will also have access to a private beach club in Miami Beach’s South of Fifth neighborhood. Approximately 11,000 square feet of ground-floor retail and rooftop food-and-beverage space will complement the residential offerings.

Conceived with flexible ownership in mind, The Rider Residences will allow short-term rentals, with optional white-glove property and rental management through The Rider Living. Buyers may also finance their residences through crypto-backed mortgages from Milo, with closings facilitated by Propy.

Leading South Florida luxury residential brokerage Cervera Real Estate exclusively leads sales and marketing for the development.

“Every element of The Rider has been thoughtfully selected for people who love a bold aesthetic, travel often and seek a home that complements their dynamic lives,” said Alicia Cervera Lamadrid, Managing Partner of Cervera Real Estate. “It’s a distinctly fresh perspective on luxury living, pairing expressive design with effortless sophistication. Set amid Miami’s trending neighborhoods, The Rider stands at the forefront of the city’s evolution.”

The building’s topping out was toasted twice, with a celebration with the construction team, in addition to a soiree that took place on Sept. 9, 2026, at the development’s sales gallery.

Sales have reached the 50 percent mark and continue to see strong interest from European, South American, California and New York buyers. Mexico’s Banco Inbursa, owned by billionaire Carlos Slim, provided a $90 million construction loan in September 2025.

Rilea Group is also developing Mohawk at Wynwood, a 12-story, 300-unit multifamily development with approximately 29,000 square feet of ground-floor retail located at 56 NE 29th St., adjacent to The Rider Residences.

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Gibson Garage Miami Opens September 10 in Wynwood With 500+ Guitars, Live Music and First U.S. Gibson Gallery

One of the world's most recognizable names in music is planting its next global flag in Wynwood. Gibson Garage Miami will officially open to the public on September 10, 2026, bringing an immersive new guitar, music and cultural destination to the ground floor of the Wynwood Garage at 2660 NW 3rd Avenue.

Spanning more than 8,000 square feet, the new location becomes Gibson's third Garage worldwide, joining the company's flagship in Nashville and its London outpost. Miami will offer more than 500 guitars and instruments alongside live performances, custom guitar design, exclusive apparel, memorabilia, local collaborations and the first stateside Gibson Gallery art installation.

The opening adds another major experiential destination to Wynwood at a pivotal point in the neighborhood's evolution. Long established as one of Miami's leading arts, nightlife and cultural districts, Wynwood is increasingly becoming a residential neighborhood as new condominium and multifamily developments bring a growing population into the district.

That transition is creating demand for the restaurants, retail, entertainment and cultural experiences that make a neighborhood active beyond traditional business and nightlife hours. Gibson Garage fits naturally into that next chapter, building upon Wynwood's creative identity while introducing a destination capable of attracting musicians, residents and visitors alike.

The concept also brings a new platform for live music to the neighborhood. A dedicated performance stage inside Gibson Garage Miami will host artist performances, intimate showcases, album releases, community programming and appearances by established and emerging musicians.

"Retail is no longer just about what people buy—it's about what they feel, discover, and become part of. Gibson Garage Miami represents the next evolution of that idea: an immersive music destination in one of the world's most vibrant cultural cities. The Garage works because it goes far beyond the transaction; it invites people in to play, explore, create, connect, and experience Gibson heritage in the real world. Whether you're a lifelong Gibson player, an emerging artist, or someone picking up a guitar for the first time, this is a place where music feels welcoming, inspiring, and real. Miami is a city with music in its DNA—defined by energy, creativity, and global rhythm—making it the perfect home for the next chapter of the Gibson Garage experience," said Anne Rohosy, Interim CEO of Gibson.

Throughout the space, visitors will be able to explore more than 500 instruments from Gibson's family of brands, including Gibson, Epiphone, Kramer, MESA/Boogie, Maestro, KRK and Gibson Amplifiers. Rather than operating solely as a traditional guitar store, the Garage is designed to encourage guests to pick up and play the instruments.

One of the space's signature visual elements will be a moving overhead conveyor carrying guitars through the Garage, referencing the finishing process used in Gibson's manufacturing facilities and creating a centerpiece above the retail floor.

Miami's own cultural identity will also be incorporated throughout the concept. Gibson plans to introduce elements inspired by Latin culture, exclusive apparel collaborations with local designers, lifestyle merchandise, celebrity and film memorabilia and rare instruments.

The Wynwood location will also introduce the first U.S. Gibson Gallery art installation, combining photography, street art and imagery from music history. The concept creates another connection with Wynwood's longstanding relationship with visual art and street culture.

For musicians seeking a one-of-one instrument, the Miami Garage will offer Gibson Custom's Made to Measure program. Customers will be able to work with Gibson Garage specialists to configure individual elements of a guitar, including wood tops, neck profiles, pickups, hardware, finishes and aging treatments from the Gibson Custom Murphy Lab. The resulting instruments are then handcrafted by Gibson Custom artisans in Nashville.

Gibson Garage Miami is located on the ground floor of the Wynwood Garage, with the space leased by Goldman Properties, whose involvement in the neighborhood has helped shape Wynwood's evolution as an arts and cultural district.

The arrival of Gibson also comes as Wynwood's broader transformation accelerates. As more residents move into the neighborhood, the district's next phase will increasingly depend on creating a diverse mix of uses and experiences within walking distance of new housing. Cultural concepts like Gibson Garage can help preserve the creative character that made Wynwood distinctive while adding another amenity for the neighborhood's expanding residential population.

For Miami more broadly, Gibson Garage introduces a new permanent gathering place centered specifically around musicians and guitar culture. In a city whose musical identity spans Latin, Caribbean, rock, hip-hop, pop and electronic influences, the combination of retail, live performances, artist programming and community events gives the Garage the potential to become more than a store.

With Nashville, London and now Miami forming Gibson's global Garage network, Wynwood becomes the newest destination for the 130-plus-year-old instrument brand—and gains a major new cultural anchor as the neighborhood continues its evolution into one of Miami's most dynamic mixed-use communities.

Gibson Garage Miami opens to the public September 10, 2026, at 2660 NW 3rd Avenue on the ground floor of the Wynwood Garage. Additional opening-week performances and artist appearances are expected to be announced.

Images via Gibson USA

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New Luxury Wellness Destination Sensa Set To Open in Wynwood This Fall

Sensa, a nearly 20,000-square-foot luxury wellness destination, will open this fall at 2830 NW 5th Ave. in Wynwood, introducing a new approach to wellness that brings an expansive thermal bathhouse, massage and body treatments, medical aesthetics, health and longevity services, and a blow dry style bar together in one destination.

At the heart of Sensa is an immersive bathhouse centered around the restorative effects of water, heat, cold, movement and stillness. Inspired by European thermal bathing traditions, Sensa will offer a 120-minute thermal circuit featuring a freshwater pool, two hot hydrotherapy pools and two cold plunges maintained at different temperatures. The experience will also include a traditional sauna, infrared sauna with red light therapy, steam room and frigidarium. Pools will utilize UV and ozone sanitation technology.

Sensa will extend the traditional bathhouse experience through a series of immersive environments. A flooded Storm Room will host Sensa's signature Storm Experience, surrounding guests with rainfall, lightning and thunder effects. A grotto pool will connect to an outdoor pool through a swim-through tunnel, creating a seamless indoor-outdoor bathing experience. At select times throughout the week, Sensa will also host Wellness Hours featuring guided sauna experiences, wellness classes and other curated programming.

Beyond the thermal circuit, Sensa will offer private solo and couples massages alongside specialty body treatments. The second floor will house a full-service med spa focused on medical aesthetics, health and longevity, offering expert medical aesthetic care for smoother skin, softer lines and fuller hair. Services will include wrinkle relaxers, facial fillers, filler dissolving, skin-enhancing biostimulators, customized facials, dermaplaning, microneedling, VI Peels and hair-restoration treatments, including scalp-focused HydraFacial and PRP microneedling, alongside IV therapy and wellness shots, plus health and longevity programs incorporating GLP-1 medications, peptide therapy and bioidentical hormone support, so guests can feel as good as they look.

Also located on the second floor, the Sensa Blow Dry Style Bar will offer wash-and-style blowouts, extension-ready styling and deep-conditioning treatments, allowing guests to seamlessly add beauty services before or after their bathhouse or med spa experience.

Sensa's founder describes the concept as something beyond a traditional spa.

“When we designed Sensa, we weren’t trying to build another spa. We wanted to create a place for couples to reconnect, for friends to spend meaningful time together, and for individuals to invest in their long-term health and well-being,” said Martin Hogue, Founder of Sensa. “By bringing all of these experiences together under one roof, our goal is to make wellness something people can enjoy, share and make part of their regular lifestyle.”

Sensa will offer membership options across the bathhouse and med spa, with tiered levels of access and benefits. Bathhouse memberships will include recurring access to thermal experiences, massages, IV therapy and wellness shots, along with guest passes, while med spa memberships will provide preferred pricing and benefits across select treatments. Additional membership details, including founding-member opportunities, will be announced ahead of opening.

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Foundation Pour Completed at Twenty Sixth and 2nd Wynwood Residences

Twenty Sixth & 2nd Wynwood Residences, an eight-story boutique residential building in the heart of Miami’s thriving Wynwood arts district developed by PMG and LNDMRK Development, has officially completed its foundation pour. Led by John Moriarty & Associates, the pour occurred over a month-long period beginning on June 1st.

Twenty Sixth & 2nd Wynwood Residences is set to transform the Wynwood market with a first-of-its-kind offering that will grant owners the ability to host their home and office 365 days a year on Airbnb* and includes dedicated office suites for select residences. As Wynwood continues to evolve and new live/work concepts are being introduced in the market, we wanted to see if you’d be interested in covering this construction milestone.

General contractor John Moriarty & Associates completed the foundation pour for Twenty Sixth and 2nd Wynwood Residences, a significant milestone for the project as well as a marker for the continued growth of Wynwood. The pour began on June 1st and ended in the last week of June. Notably, the majority of the concrete was poured on June 8, followed by crane installation the following week. Completion of Twenty Sixth and 2nd Wynwood Residences is slated for Q2 2028.

Developed by PMG and LNDMRK Development, Twenty Sixth & 2nd Wynwood Residences is a luxurious eight-story boutique residential building set to rise in the heart of Wynwood. Located at 2600 NW 2nd Avenue, this landmark project will consist of 233 fully finished and furnished residences, delivered with dedicated office suites for select residences. As a first-of-its-kind offering, Twenty Sixth & 2nd Wynwood Residences will grant owners the ability to host their home and office 365 days a year on Airbnb.*

Designed by Cube 3, with interiors by Cotofana Designs, Twenty Sixth & 2nd Wynwood Residences will exhibit an exceptional caliber of design and exclusivity across its selection of studio and one-bedroom residences with spacious dens in select residences. The property will also offer over 32,000 square feet of amenities focused on residential wellness and well-being, complemented by 26,000 square feet of prime retail space on the ground floor, with approximately 475 feet of linear frontage.

Images via PKS Productions | Renderings via ARX Creative

*Hosting is subject to local laws and other restrictions. Office suites may not be listed on Airbnb independently. Any listing of an office suite on Airbnb must include the associated residential unit and cannot be listed separately from their corresponding residence.

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Wynwood Welcomes Frida Kahlo Wynwood Residences

Known for its creative spirit and undeniable influence on emerging artists, Wynwood has long since stood as a haven for everything new, bold, and unconventional. As the district has grown, that same passion has seeped into the architecture and design defining its emerging skyline.

The latest example of this is the newly launched first-ever Frida Kahlo Wynwood Residences. Developed by Property Markets Group (PMG) and LNDMRK Development, this iconic residential, 244-residence building will infuse Frida Kahlo’s indelible artistic legacy into Wynwood. With sales now underway, buyers and admirers of Kahlo alike have an exclusive opportunity to own a truly unique property in one of Miami’s fastest-growing submarkets.

A Canvas for Everyday Living

Frida Kahlo Wynwood Residences presents a wide range of floor plans, accommodating everyone from the budding artist to young professionals placing their roots in the neighborhood. Each fully finished and furnished studio- to three-bedroom suite includes refined finishes by Cotofana Designs, custom ITALKRAFT cabinetry, and premium appliance packages to seamlessly elevate everyday living. Select homes feature generous dens, ideal for creative work or flexible living, as well as private balconies with sweeping views over the vibrant Wynwood streetscape. Select homes also come with deeded office suites for those seeking additional space for their creative or business pursuits.

In addition to these features, the luminous interiors throughout the building are punctuated by moments of visual contrast, creating a sophisticated interplay of light and shadow throughout each residence. Subtle, expressive design details quietly nod to Frida Kahlo’s influence at each turn, balancing her artistic eye with intention, soft curves, and graceful beauty.

Introducing the Future of Home Healthcare

In addition to intentionally appointed homes, Frida Kahlo Wynwood Residences includes a selection of intentionally appointed amenity spaces to ensure residents can live life by expression with ease. Located on the ground floor of the tower, residents will be able to do just that thanks to Baker Health, a New York-based premier concierge primary care and holistic wellness platform making its grand entrance into Florida. Designed as a concierge-style wellness destination, Baker Health’s facility and online platform will provide a comprehensive suite of personalized services that place prevention, accessibility, and comfort at the forefront of care.

Its hospitality-driven model removes traditional barriers to healthcare by seamlessly blending advanced technology with a thoughtful, human-centered approach. From effortless scheduling to 24/7 direct access to physicians, every detail is designed to anticipate residents’ needs and elevate their overall well-being, delivering care that feels both sophisticated and deeply attentive.

As an exclusive benefit, all residents will receive a complimentary Baker Health membership during their first year of occupancy, followed by preferred rates for the duration of their residency. Members enjoy access to primary care, pediatrics, and integrated wellness services under one roof, along with personalized care plans that support long-term physical and mental health.

Spaces Built to Thrive

Beyond the Baker Health facility, residents are treated to numerous amenitized experiences where they can further their wellness journey and engage with their community. These include a luxurious resort-style pool with shaded lounge areas nestled among lush landscaping and an outdoor bar and lounge space, a signature thermal circuit with steam, sauna, and treatment rooms with a cold plunge, and a state-of-the-art fitness studio.

Once wellness goals are met, residents can unwind and enjoy their surroundings at “Diary,” a speakeasy bar inspired by the intimate spirit of Frida Kahlo’s diary, inside the lobby of Frida Kahlo Wynwood Residences. Designed as an homage, not a reproduction, this intimate, layered, and immersive environment will envelope residents and visitors from the moment they step indoors with the raw emotion, bold artistry, and rich symbolism that defined her work. There will also be a curated collection of custom art installations reflecting and paying homage to Wynwood’s artistic heritage.

Where Creativity Lies

Perfectly positioned in the heart of Wynwood, Frida Kahlo Wynwood Residences is at the center of the area’s most celebrated cultural landmarks and everyday experiences.

Iconic destinations such as Wynwood Walls, the Museum of Graffiti, and The Margulies Collection at the Warehouse are all within easy walking distance, bringing world-class art and creativity to residents’ doorstep. Wynwood’s highly walkable streets invite exploration as well, from acclaimed restaurants and buzzy cocktail bars to independent cafés, galleries, and fitness studios.

Beyond Wynwood, residents are within reach of Miami’s most sought-after neighborhoods. Downtown Miami, the Design District, and Miami Beach are all just minutes away, offering effortless connections to luxury shopping, waterfront destinations, and the city’s broader cultural and recreational landscape.

Wynwood’s Next Chapter

Frida Kahlo Wynwood Residences captures the next level of artistic innovation that reflects Wynwood’s dynamic and vibrant energy. With a design inspired by the legendary artist Frida Kahlo, this tower is a new interpretation of the cultural icon.

PMG Residential is the exclusive team leading sales for Frida Kahlo Wynwood Residences. For more information and to schedule a tour of the gallery, located at 1018 N Miami Ave. Miami, FL 33136, please visit https://fridakahloresidences.com/ or call 786-833-7967.

Images via ARX Creative

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Related Group, Tricap and Sydell Group Complete NoMad Residences Wynwood, Miami's Arts District First Hospitality-Infused Condominium

Internationally acclaimed real estate developers Related Group and Tricap, together with Sydell Group, have officially completed the NoMad Residences Wynwood, the first residential expression of the celebrated NoMad Hotels brand. Located at 2700 NW 2nd Avenue in Wynwood’s main corridor – steps from the world-famous Wynwood Walls – the nine-story, 329-residence community is now welcoming its first residents, with more than 90% of residences already accounted for. NoMad Residences Wynwood is also home to the celebrated Casa Tua Cucina to the heart of Miami's Wynwood Arts District

The NoMad brand was born in New York City, where it anchored the evolution of a wholesale district into one of Manhattan's most coveted addresses. In Wynwood, the brand’s effortless blend of cultural sensibility, culinary vision and residential warmth perfectly complements the neighborhood's eclectic character. It elevates it.

"For Wynwood, a neighborhood built on the collision of art, culture and creative ambition, the arrival of NoMad Residences feels less like a development milestone and more like an inevitability," said Nick Pérez, President of Related Group's Condominium Division. "We only partner with names that bring genuine character and depth to a project, and NoMad does that better than anyone. What we've built here is already a community landmark, one that will define this neighborhood for generations to come."

Since announcing the vision in 2022, the development team has been singularly focused on one challenge: translating NoMad's world-class hospitality ethos into a residential setting for the very first time. The result, shaped through a close collaboration between Arquitectonica, DesignAgency and Sydell Group, has resonated from the moment it came to market. Demand built steadily throughout development, with the project setting new price records for Wynwood in the process and now approaching full sellout. Fortune Development Sales is the exclusive sales partner.

The residences reflect the brand’s “artfully lived life” philosophy, blending old-world glamour, industrial edge and Wynwood’s creative energy into a single, seamless design language. Floorplans range from 464 to 931 square feet and include studios through two-bedroom layouts, all delivered fully furnished with curated turnkey packages designed for immediate, effortless living.

Interiors balance modern and vintage-inspired details with bold accents set against a restrained palette of stone, wood and brass, creating spaces that feel both refined and lived-in. Floor-to-ceiling glass doors open onto private balconies, filling each home with natural light and extending daily life into the outdoors. Kitchens are appointed with Bosch appliances, Italian-designed cabinetry and stone countertops, while spa-like bathrooms bring a quiet, hotel-inspired sense of ease to everyday routines.

Residences are also offered with flexible ownership and no rental restrictions, supported by in-house management handling guest services and operations.

NoMad Residences Wynwood is conceived as a fully immersive residential lifestyle. Two signature lobbies anchor the arrival experience, setting the tone for the building’s design from the moment of entry. At the top of the building, a rooftop lounge features panoramic views of downtown Miami, a resort-style pool with cabanas, an indoor-outdoor fitness lounge with cold plunge, plus summer kitchens, a cozy speakeasy and a parlour lounge.

On the ninth floor, the NoMad Library and Lounge serves as a secondary resident hub, offering shared workspaces, a card room and private dining areas.

Anchoring the ground floor, Casa Tua Cucina will open this spring with its signature open-kitchen concept and curated food and retail stations, bringing one of Miami’s most celebrated dining destinations to Wynwood. A rooftop restaurant and bar is also planned for the property, with more details to be announced in due course.

Its prime location also places residents minutes from additional MICHELIN-recognized and five-star dining establishments, as well as over 70 art galleries and upscale boutiques with Miami’s downtown and beaches just a short drive away.

True to Wynwood’s identity as Miami’s preeminent arts district, the building integrates museum-quality art throughout all interior and exterior spaces, with walls featuring hand-selected works from the Jorge M. Pérez Collection alongside commissioned pieces that pay homage to Wynwood’s mural tradition. The exterior is further defined by monumental installations from two internationally acclaimed artists, each bringing a distinct vision to the building’s façade.

British sculptor Alex Chinneck, known for large-scale architectural illusions and major public commissions across the UK, created a site-specific installation of oversized tubular forms tied into sweeping knots and bows that appear to break through the building’s façade.

Complementing this, Maine-based artist and designer Dean Barger created an expansive mural at the base of the building in gold and black, weaving together palm fronds, florals, ocean waves and marine life into a layered composition that reflects Miami’s natural environment and coastal identity.

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PMG and LNDMRK Development Break Ground on Twenty Sixth & 2nd Wynwood Residences After Securing $126 Million Construction Loan

National developer PMG and LNDMRK Development have broken ground on Twenty Sixth & 2nd Wynwood Residences after securing $126 million in construction financing for the eight-story boutique condominium rising at 2600 NW 2nd Avenue in Miami’s Wynwood neighborhood. The property will consist of 233 fully finished and furnished residences, including select units delivered with deeded office suites, and will allow owners to host on Airbnb 365 days a year.* Construction financing was provided by Madison Realty Capital and Siguler Guff. The property is 73% sold, with expected completion in Q2 2028. PMG Residential exclusively represents sales for the project.

The transaction was led by PMG's Capital Markets team composed of Andrew Warman, Jonathan Blank, and Paton Marion, in coordination with in-house counsel Lowell Plotkin, Lindsay Davis, and Scott Buscemi. Randy Barcelo, Amanda Bennis, and Nicholas Risi at Stearns Weaver Miller Weissler Alhadeff & Sitterson served as PMG’s transactional counsel. Javier Aviñó and Andres Rivero at Bilzin Sumberg served as PMG’s land use counsel.

“Wynwood has become one of Miami’s most compelling cultural and residential districts, and we are excited to advance toward its next chapter with the support of repeat capital partners and our dedicated construction team,” said Ryan Shear, Managing Partner at PMG. “When combined with the added flexibility offered through our partnership with Airbnb, Twenty Sixth & 2nd Wynwood Residences’ offerings are second-to-none for those wishing to experience one of Miami’s top destinations on a yearly basis. We’re confident it will help set a new standard for modern urban living in Wynwood and across South Florida.”

Twenty Sixth & 2nd Wynwood Residences will be the first building to allow owners to host both their residence and private office on Airbnb year-round, supported by full-service on-site management that combines hospitality-level service with ownership flexibility. Each dedicated glass-paneled private office boasts a range of features to make working convenient for residents, including locking access, a desk and chair, and pre-wiring for TVs. The office space also comes equipped with well-appointed conference rooms, lounge areas, and a kitchen.

Designed by architecture firm CUBE 3, Twenty Sixth & 2nd Wynwood Residences reflects the artistic character and creative rhythm of Wynwood while introducing a new standard for flexible urban living. Residences range from thoughtfully designed studios to expansive one-bedroom homes with dens, with pricing from $500K to $1 million with sales overseen by PMG Residential. Interiors will include fully built-out closets, premium appliance packages, Italian bathroom cabinetry by ITALKRAFT, fixtures by WaterWorks, in-unit washers and dryers, and contemporary lighting.

"Wynwood has undergone a remarkable transformation, and Twenty Sixth & 2nd is well-positioned to advance that momentum with a thoughtfully conceived, fully amenitized residential product in a neighborhood that has established itself as one of Miami's most sought-after destinations for both residents and visitors," said Josh Zegen, Co-Founder and Managing Principal of Madison Realty Capital. "We are proud to support PMG and LNDMRK, both of which are repeat borrowers with a strong track record of execution across Miami's most dynamic submarkets, and we look forward to seeing the project contribute to Wynwood's continued evolution."

Twenty Sixth & 2nd Wynwood Residences will feature over 32,000 square feet of wellness-focused amenities, including a glass house for meditation and yoga, tranquil gardens, a thermal circuit with steam, sauna and cold plunge, private treatment rooms, an invigorating rain shower, and a state-of-the-art fitness studio with advanced technology. Additional amenities include The Sky Swim Lounge, featuring an elevated rooftop pool with cabanas and lush landscaping, an outdoor bar and lounge, private alcoves with swing chairs, a private residential porte cochere with 24-hour valet service, sports equipment storage, on-site property management, and access-controlled entry points.

“Twenty Sixth & 2nd Wynwood Residences reflects the bold creativity and energy that define Wynwood,” said Alex Karakhanian, Principal of LNDMRK Development. “As we break ground alongside PMG, we are proud to bring a project that reimagines the connection between living and working in one of Miami’s most inspiring neighborhoods. We believe this development will further energize the neighborhood and offer a one-of-a-kind experience for both residents and visitors.”

The property will include 26,000 square feet of ground-floor retail with approximately 475 linear feet of frontage. ASG Equities, the seller of the land to the joint venture, will retain ownership of the retail component and hold a minority interest in the residential portion of the development. Further integrating the building with its community, Twenty Sixth & 2nd Wynwood Residences will also showcase a curated collection of custom art installations throughout its common spaces in homage to Wynwood’s artistic history.

The Wynwood Arts District in Miami has cultivated a thriving arts and culture scene with galleries, boutiques, and bold street art that represents the neighborhood’s vibrant, creative energy and raw dynamism. Twenty Sixth & 2nd Wynwood Residences will place residents in the center of this cultural hub, with easy access to community attractions such as the Wynwood Walls, Museum of Graffiti, and The Margulies Collection at the Warehouse in addition to modern bakeries, outdoor parks, eclectic markets, and top cuisine.

PMG Residential is the lead sales team exclusively representing sales for Twenty Sixth and 2nd Wynwood Residences.

*Hosting is subject to local laws and other restrictions. Office suites may not be listed on Airbnb independently. Any listing of an office suite on Airbnb must include the associated residential unit and cannot be listed separately from their corresponding residence.

Renderings via ARX Creative

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Fisher Brothers Secures $117.5 Million Refinancing from Bain Capital for Joule House, A New Mixed-Use Multifamily Community in Wynwood

Fisher Brothers, the fourth-generation real estate company known for creating design-forward, community-oriented destinations across the country, has secured a $117.5 million refinancing from Bain Capital for Joule House, Wynwood’s most design-forward residential community.

Rising eight stories at 2200 NW 1st Avenue, Joule House was named after the joule, the unit of measurement for energy, embodying the dynamic spirit of its location. The recently delivered residential property features 308 luxury residences, expansive indoor-outdoor amenities, and Calle Collective, an immersive arts and cultural destination blending retail, creativity, and community

“The successful refinancing of Joule House is a strong reflection of both the property’s performance since opening last summer and the market’s confidence in well-executed, design-driven residential communities in Wynwood,” said Winston Fisher, Partner at Fisher Brothers. “From day one, our vision was to create something that truly resonates with the neighborhood’s energy and culture, and it’s been rewarding to see that translate into strong leasing, retail momentum, and continued investor interest.”

“This transaction represents a unique opportunity to partner with a best-in-class owner-operator in Fisher Brothers as they continue their thoughtful stabilization of a premier asset in an attractive, high-growth market,” said Mark Gormley, a Managing Director at Bain Capital Credit. “We are proud to have been selected as their partner of choice on this transaction and look forward to supporting the continued development of Joule House as one of Miami’s most innovative and dynamic communities.”

"Miami's strong migration trends, driven by corporate relocation and job growth, have injected significant wealth into the region, reinforcing its multifamily market," said Keith Kurland, Senior Managing Director of Capital Markets and Co-Head of Institutional Advisory at Walker & Dunlop. "We were pleased to partner with Fisher Brothers and Bain Capital on Joule House, arranging a floating-rate, interest-only bridge loan that met our client's strategic objectives and delivered a creative, market-leading solution alongside best-in-class sponsorship."

In December, Fisher Brothers announced a new retail lease with Sunlife Organics at Calle Collective, a new art-infused cultural destination located within the vibrant retail base of Joule House. Renowned for its organic smoothies (including its famed ‘Billion Dollar Smoothie’), bowls and provisions, Sunlife Organics is anticipated to open in Q3 2026.

Open to the public, Calle Collective transforms over 26,000 square feet of everyday walls into a kaleidoscope of color and meaning. Curated in partnership with WXLLSPACE and designed as the neighborhood’s next cultural and social destination, Calle Collective showcases 19 large-scale murals by Miami-based artists, each a bold expression of style and personal inspiration redefining the convergence of art, commerce and community.

Joule House offers a desirable mix of studio, one-, and two-bedroom layouts, along with select two- and three-bedroom penthouses ranging from 985 to 1,400 square feet. Interiors by ID & Design International (IDDI) showcase neutral palettes, bold accents, and contemporary finishes that capture the essence of the neighborhood. Spanning 23,000 square feet, Rockwell Group has thoughtfully crafted a suite of indoor and outdoor amenities across three levels, seamlessly blending wellness, convenience, and entertainment. With leasing and property management by Bozzuto, exceptional attention to detail and genuine hospitality remain at the forefront.

Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Michael Diaz, Michael Ianno, Christopher de Raet, and Edward Leboyer of Walker & Dunlop Capital Markets Institutional Advisory represented Fisher Brothers in this transaction.

Calle Collective is open daily from 9 am to 6 pm and is free to the public.

Images via Joule House / Fisher Brothers

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