Here Comes Wynwood’s First Hotel: One Eleven Wynwood by Sonder

BH Investment Group (BHIG), a US-based real estate private equity, investment and development company, along with partners Andres Hogg and Eduardo Vargas have announced One Eleven Wynwood Hotel by Sonder, which will be the first hotel delivered in the burgeoning Wynwood neighborhood. The project is located at 111 NW 26th Street, one block from Wynwood Walls, and is expected to deliver by summer 2021. 

The developers recently signed on Sonder, the tech-enabled hospitality company, as lease tenant and hotel operator for the 72 hotel suites. The building will also feature a 6,000-square-foot rooftop pool and dining area, and over 6,000-square-feet of ground floor retail spaces, with space for three or four dynamic, experiential concepts. 

“I have been invested in Wynwood for over 10 years. My father and I owned an art gallery and several real estate investments that align deeply with the community’s values for arts, culture and creativity. This project has been an immense undertaking personally, and to see it come into fruition is quite a big thrill,” says co-developer Eddie Vargas, long-time Wynwood investor who is responsible for putting together the team behind One Eleven Wynwood Hotel.

DSS Construction, who managed the YotelPad and Four Seasons Surfside, will lead construction management on the project, designed by Swiss based RDR Architects, in conjunction with local architect of record Alain Bartroli Architecture.

“This will be our flagship property in the market,” says Sam Artmann, General Manager of Sonder in Miami. “The heightened food and beverage concepts they are looking to attract for the rooftop and retail will be amazing amenities for our guests and help discover the best Wynwood has to offer.” 

The partnership also committed to donating 72 transitional homes for people living in extreme poverty situations in Latin America through the Home4Home program,the first ever “one-to-one” giving program for homes in the world. Andres Klein of BHIG founded Home4Home along with Techo, so developers can donate a home for each one built. Techo will oversee the building of the transitional homes in one of the 19 countries where it operates.

Written by: Stephanie Warren

Joint Venture Led By Related Group Reveals The Dorsey In Wynwood Designed By Arquitectonica

A joint venture between Jorge Perez’s Related Group, Alex Karakhanian, and Tricera Capital, led by Scott Sherman, have revealed plans for The Dorsey in Wynwood. The Dorsey is being designed by Arquitectonica and when complete will rise 12-stories and will feature 306 apartments, 35,858 SF of retail space and 58,760 SF of office space. The Dorsey will be built at the site of the former Coca Cola plant and was previously owned by Thor Equities and Rockwood Capital who had proposed a Touzet Studio-designed project. The JV, which purchased the 2-acre site in late 2019 for $32 million, has obtained a permit to demolish the existing buildings on the site, some of which were originally built in the late 1920’s. Miami’s Urban Development Review Board will review the proposal on December 18. The Dorsey will be located at 280 NW 28th Street.

CIM Group & OneWorld Properties Go Vertical At Mixed-Use Wynwood Square

Two tower cranes are now installed at 2201 N Miami Ave. where CIM Group and OneWorld Properties have gone vertical with the Stantec-designed Wynwood Square. When complete the mixed-use development will feature 2 towers rising 12-stories complete with 257 residential rental apartments complete with a full suite of amenities, 60,000 SF of office space, 27,000 SF of ground floor retail and 480 parking spaces. The development partnership was able to lock-down a $71.2 million construction loan from Sumitomo Mitsui Banking Corporation and completion is expected at one point in mid-2021.

Quadrum Global Reveals NBWW Architects-Designed Arlo Wynwood Hotel

Construction permits are now pending for the planned 217-key, 9-story hotel Arlo Wynwood, designed by Nichols Brosch Wurst Wolfe & Associates Architects (NBWW) at 2217 & 2233 Northwest Miami Court. The boutique hotel, which is being developed by Quadrum Global, will offer “pod” style micro-rooms along with featuring a fitness center, yoga deck, valet parking, restaurants, bars and an urban event venue. Arlo Wynwood will offer 141,758 SF of total development. The interior of the building will feature a landscaped courtyard as well as an outdoor gallery for large art displays and an amphitheater. The building will feature finishes including exposed concrete and structural metal beams along with wood and glass with tropical landscaping. Quadrum Global purchased the 30,000 SF lot for $8.55 million in November 2018.

Graffiti-Inspired Bar Vandalo Wynwood Opens In Wynwood

Vandalo Wynwood, a new graffiti-inspired lounge/restaurant designed to test limitations, break boundaries, and create something new, has opened in Wynwood. The restaurant offers cuisine inspired by ethnic street food, elevated to the finest gastronomy. Vandalo Wynwood is a statement on its own, its a place where you're encouraged to be who you are and leave the ordinary behind. 

At Vandalo Wynwood you will discover the essence of Wynwood, Miami’s famous graffiti-art district. With gastronomy, mixology, art, and murals on the menu, Vandalo brings together Wynwood’s finest through this graffiti-meets-gastronomy movement. Vandalo Wynwood, a gangsta-sophisticate experience, demonstrates that the destruction of something, including one’s self, is also the creation of something new. Something better. Discover art in every corner with neon installations, artistic interior, and one-of-a-kind murals in our exterior by local artists. Choose from our vibrant palette of street-exquisite cuisine and specially crafted cocktails. Step into a deep trance and don’t think too much because when the music goes on, we put the world on stand by. Stay reckless, stay Vandalo. 

Vandalo Wynwood is located at 218 NW 25th St, Miami, and the hours of operation are Mon-Sun 12:00 PM - 3:00 AM 

Avison Young Oversees PMG Acquisition Of Wynwood Portfolio For $46 Million

Avison Young’s Florida Capital Markets Group has overseen the closing of a $46 million sale of a prime-located portfolio to an affiliate of PMG, who recently completed co-living concept X Miami on Biscayne Boulevard in Downtown Miami and is currently developing X Las Olas in Fort Lauderdale. The Wynwood assemblage consists of seven properties in the heart of the high-growth, in-demand Wynwood neighborhood of Miami, located at 2431-2455 NW 2nd Ave., 146-172 NW 25th St., and 1159 and 169 NW 24th St. and spans ±1.6 contiguous acres. The portfolio sold to an affiliate of PMG Acquisitions, LLC, which has plans to build up to six stories of co-living apartments above single-story retail. Positioned at the epicenter of Wynwood, the portfolio is walking distance from the iconic Wynwood Walls, famed restaurants, entertainment, and high-profile office and residential developments.

“Explosive growth and high demand continue in Wynwood, making the large assemblage a one-of-a-kind ‘blank canvas’ opportunity,” said Crotty. “The extremely qualified investor-developer of high-quality residential has a unique co-living above ground-floor retail concept that fits perfectly within the neighborhood’s lifestyle and is expected to further enhance and beautify the area.”

Avison Young Principals John K. Crotty, CCIM; Michael T. Fay, who is also Managing Director of the firm’s Miami operations; David Duckworth; Senior Associate Brian C. de la Fé; and Associate Myles Stepner completed the portfolio disposition, the largest sale to-date in 2019, in Wynwood. Peter L. Desiderio, Esquire of Stearns Weaver Miller Weissler Alhadeff & Sitterson, P.A., and Laura Bourne Burkhalter, Esquire of Laura Bourne Burkhalter, P.A., represented the sellers in connection with the transaction.

Metro 1 Lists Rare Development Site In Wynwood's Emerging South East Quadrant For $16.4 Million

Metro 1 Commercial has listed a rare development site in Wynwood's South East Quadrant Portfolio for $16.4 million. Metro 1’s president/CEO Tony Cho and Vice President, Andres Nava have been retained to market the corner to corner assemblage that is composed of three separate parcels totaling 29,786 SF of buildings sitting on 39,600 SF of Land. The Maker Portfolio is located in the South East Quadrant of Wynwood’s core, between 21 ST, NW 1 AVE, and NW Miami Ct. The site is zoned T5-O NRD and allows a variety of uses as the current buildings could be adaptively repurposed into office and retail uses. The site also allows for up to an 8 story project and allows as of right 136 residential units or a 273 key hotel. It also allows for a building with a total of up to 285,120 of gross development SF.

“NW 2 Ave has been the core of Wynwood since its inception, making it one of the most successful retail corridors in Miami Dade.” “However, we are starting to see important projects such as hotels and elaborate adaptive re-use project being proposed in emerging areas of Wynwood such as the southern quadrant,” stated Tony Cho, CEO of Metro 1.

The South East Quadrant submarket of Wynwood is seeing a flurry of recent activity including the announcement of the mixed-use project Wynwood Square ( 2201 N Miami AVE), the groundbreaking of The Oasis retail and office project (2335 N Miami AVE), and the acquisition of the 2217 NW Miami CT site by Quadrum Global, which Metro 1 brokered late last year. The OMNI CRA also recently acquired a site at 2035 - 2043 North Miami Avenue which it is planning a mixed-use affordable housing and retail project. The current real estate market in Wynwood has been redefined after the passing of the updated NRD zoning which has expanded the possibilities of what can be developed in the neighborhood but still carefully works to retain its industrial themed character.

CIM Group & One Real Estate Investments Lock Down Construction Financing For Wynwood Square

CIM Group and One Real Estate Investments has locked down construction financing for Wynwood Square as the project gears up to break ground. The loan is for $71.2 million and was provided by Sumitomo Mitsui Banking Corporation. The developers have applied for construction permits after getting the green light for water and sewer connection to the property. Wynwood Square was designed by Stantec and will feature 257 apartments, 54,000 SF of office space, 25,000 SF of retail and 481 parking spaces.

Inside The Oasis, Wynwood's First True Creative Office Campus Delivering Late 2019

Wynwood will soon be getting its first true creative office campus, The Oasis, on track to deliver in late 2019. The 70,000 SF site features 35,000 SF of existing industrial warehouse space which is being converted into a mix of 20,000 SF of creative office space with a 2,500 SF rooftop, brick and mortar retail, and a 35,000 SF heavily landscaped courtyard with an outdoor food hall and a 75’ tall “Tower Bar” made out of shipping containers. Retail suites will range from 1,000 SF to 6,000 SF. The Oasis is located at 2319 North Miami Avenue and is being developed by Carpe Real Estate Partners and designed by Urban Robot Associates.

For more information about commercial leasing in The Oasis, private showings or availability/ pricing information please fill out the form below:

ArquitectonicaGEO's Wynwood Streetscape Master Plan Presented To Wynwood Business Improvement District

The ArquitectonicaGEO Wynwood Streetscape Master Plan is moving closer to fruition after ArquitectonicaGEO’s Michelle Cintron and John Hutchens presented the proposal at a meeting of the Wynwood Business Improvement District in later February 2019. The proposal calls for transforming Wynwood into a pedestrian-oriented streetscape with public spaces and more tree canopy for shade. The Wynwood BID expects to have the final plans, of which they are considering the public’s input, completed by Summer 2019. The initially proposed plans were first introduced in December 2018. The Wynwood BID has not yet identified a source of funding for the master plan.