Related Group and Tricap Break Ground On Hospitality-Infused Wynwood Condo 'NoMad Residences Wynwood'

Miami-based real estate developer Related Group (Related), together with Manhattan-based developer Tricap, has broken ground on NoMad Residences Wynwood, the first residential concept from the global hospitality icon, NoMad Hotels, and its parent company, Sydell Group. Located just steps from Miami’s world-famous Wynwood Walls, the nine-story condominium tower boasts an eclectic, modern design crafted by the world’s preeminent design talents with architecture by South Florida-based Arquitectonica and interiors by the renowned DesignAgency. With over 75% of its homes now in contract, NoMad Residences Wynwood is expected to reach completion in 2025. Pricing for NoMad Residences Wynwood begins in the $600,000s with Fortune Development Sales exclusively overseeing sales and marketing.

“No hospitality brand is better suited for Wynwood than The NoMad Hotels, a concept that pairs artistry with luxury to offer an inspired way of living,” said Nick Pérez, President of Related Group’s Condominium Division. “Much like how NoMad New York helped to transform Manhattan’s North of Madison enclave into one of the city’s most in-demand neighborhoods, Related believes that the NoMad Residences Wynwood is poised to unveil the next chapter in Wynwood’s celebrated history.”

Designed to embody every luxury associated with the NoMad name, NoMad Residences, Wynwood brings the essence of a well-traveled, artfully-lived life to each home. The collection of 329 residences ranges from studios to two bedrooms, each featuring floor-to-ceiling windows, private balconies, open layouts and spa-like showers. Modern kitchens include premium Bosch appliances, Italian-style cabinetry adorned with brass hardware, and sleek stone countertops.

"The NoMad Hotels team has a reputation for crafting exemplary hotels featuring stand-out designs inspired by their surroundings,” said Andrew Zobler, Founder & CEO of Sydell Group. “We took the same approach with NoMad Residences Wynwood. We didn’t want to just create homes — we wanted to foster a sense of unity in a neighborhood known for its diverse, artistic energy.”

Each home comes fully furnished with packages curated by DesignAgency. Uniquely developed with no rental restrictions in mind, buyers will have the option to rent their homes to guests for any period of time, while a skilled in-house property management team will efficiently manage check-in and check-out processes.

Central to the property’s appeal are its world-class food and beverage offerings, which will be open to the public and include a signature rooftop restaurant and mixology bar concept, The NoMad Bar. The restaurant will be helmed by James Beard Award Winner Leo Robitschek, Vice President, Food & Beverage at Sydell Group, and the former Bar Director for New York City’s three-Michelin Star restaurant Eleven Madison Park. The property will also include an exceptional anchor destination on the ground floor, Casa Tua Cucina. A lighthouse brand that sets the standard for experiencing high-end social dining, ‘Cucina’ is an expansive open-kitchen concept offering simple, yet expertly crafted Italian and Mediterranean fare.

To enhance the hospitality-focused experience, residents and their guests can indulge in a full-suite of resort-style amenities, including an expansive rooftop lounge with 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 a card room and private dining room. For art enthusiasts, many of the walls throughout the building will showcase museum-quality works from the Jorge M. Pérez Collection, with sections of the building commissioned to artists in ode to Wynwood. Surrounding the property is a vibrant, walkable community that boasts over 70 art galleries, luxury boutiques, seven MICHELIN-star and many five-star restaurants, and the world-famous Wynwood Walls.

“Wynwood isn’t just a neighborhood. It’s an ever-evolving hub of culture, cuisine and opportunity,” said David Edelstein, Principal at Tricap. “As a result of our collaboration with best-in-class partners, Related and Sydell Group, today’s groundbreaking marks the beginning of an immersive, hospitality-centric residential experience at the core of Miami’s famed art district.”

Recently, NoMad London, a flagship within the esteemed NoMad Hotels brand, secured a coveted spot on 'The World’s 50 Best Hotels’ list for 2023. This prestigious recognition reinforces Sydell Group’s commitment to upholding the highest standards in hospitality and design — a commitment that NoMad Residences Wynwood will reflect as it introduces the same level of exquisite craftsmanship to Miami's dynamic Wynwood neighborhood.

Images via NoMad Residences Wynwood

Oak Row Equities and L&L Holding Company Top Off 'The Wynwood Plaza' One Million SF Mixed-Use Campus

L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have topped out the 12-story boutique office tower at The Wynwood Plaza, a 1 million-square-foot mixed-use campus under construction in Miami’s vibrant Wynwood Arts District. The development will be defined by a half-acre, lushly landscaped public plaza by urban design practice James Corner Field Operations.

In addition to the 266,000-square-foot, Class AAA state-of-the art office tower designed by renowned architectural firm Gensler, The Wynwood Plaza will encompass a residential building featuring 509 high-end rental apartments, indoor and outdoor shops, cafes and restaurants. The office tower places a premium on occupant health and wellness with a center core and efficient floor plates, column-free spaces with private tenant terraces and floor-to-ceiling windows for abundant natural light. Located at 95 NW 29th Street, The Wynwood Plaza is slated for completion in the first quarter of 2025. The spectacular outdoor plaza will be the largest in the Wynwood Arts District and one of the largest in all of Miami.

Prominent investment firm Claure Group, led by Marcelo Claure, will establish its 25,400-square-foot headquarters across the entire eighth floor. Additionally, acclaimed national law firm Weitz & Luxenberg will open its first Miami office with 18,000 square feet across the second floor. Moss is currently constructing the superstructure with subcontractor Tekton.

“This important milestone is a testament to the collective vision, extensive abilities, and unwavering commitment of our team and partners,” said David Levinson and Robert Lapidus of L&L Holding Company. “As the only new office tower delivering in Miami in early 2025, The Wynwood Plaza will see high demand from a variety of leading companies that value creativity, collaboration and productivity.”

“The rapid rise of this Class AAA office tower - and the pace and quality of construction at The Wynwood Plaza overall - showcases the leadership and efficiency of all collaborators involved with this exceptional mixed-use development,” said Erik Rutter and David Weitz of Oak Row Equities. “The caliber of tenants already committed showcase the tower's superiority in the marketplace and top-tier firms from a diverse range of industries demanding high quality design and an array of amenities from the center of Wynwood will follow suit for an incredible tenant mix.”

Office tenants will have access to an array of indoor and outdoor amenities at the tower, including a fitness club, cafe and bar lounge, conference and collaboration spaces, and expansive rooftop. The tower will also feature best-in-class air filtration, touchless entry and elevator systems, as well as rapid connectivity and a dedicated parking garage.

Construction is progressing steadily at The Wynwood Plaza’s rental apartments, which will feature 8’-6” to 10’-6” tall windows, state-of-the-art appliances, stunning finishes and flexible layouts. An expansive amenity package will include four activated rooftops with a sports court, two outdoor pools with showers, a sauna, hot tub and cold plunge pool and a glass atrium with co-working spaces, private phone rooms and a game lounge. Residents will also enjoy a modern fitness center with top-of-the-line equipment and dedicated areas for yoga and much more.

The Wynwood Plaza will include 32,000 square feet of retail, including 6,600 square feet of outdoor dining. An eclectic mix of lifestyle boutiques, curated storefronts, convenience locations and fast casual spots are envisioned for the campus. Situated on a main pedestrian thoroughfare, the airy, stylish spaces will feature full glass storefronts with the opportunity for impactful exterior signage.

Images via Shootin | Renderings via Gensler

Fisher Brothers Reveals Wynhouse Miami, Mixed-Use Multifamily Development in Wynwood

Fisher Brothers, a fourth-generation real estate company that owns, manages and operates unique spaces across the country, today announced the start of construction of Wynhouse Miami, a mixed-use multifamily development in the heart of Miami’s Wynwood neighborhood. Wynhouse Miami will rise eight stories and offer 308 rental residences, approximately 26,000 square feet of ground floor retail and paseo space and nearly 25,000 square feet of expansive indoor and outdoor amenities.

Located at 2200 NW First Avenue, this highly-amenitized development will transform the thriving Wynwood neighborhood with grand displays of public art across its facade and two public passageways, known as paseos, that will encourage pedestrians to engage with the building, community spaces and ground-floor retail. The project is being built by Suffolk Construction and substantial completion is anticipated for January 2025. $117.5 million in financing was jointly provided by JP Morgan Chase and affiliates of Canyon Partners. Additionally, the company selected Wynhouse Miami for its first-ever offering on CrowdStreet, the online real estate crowdfunding platform. This opportunity is still ongoing.

Wynhouse Miami is Fisher Brothers’ latest multifamily development within its House brand, a collection of highly-amenitized, design-forward properties purpose built to fit into the contextual fabric of the neighborhood in which it resides. Earlier projects completed as part of the House brand include House 39, which features 297 residences in the Murray Hill neighborhood of New York City and Station House, which offers 378 apartments in Washington DC.

“Wynwood is a thriving neighborhood buzzing with energy at any given moment,” said Winston Fisher, Partner at Fisher Brothers. “We are excited to unveil our latest project in Fisher Brothers’ House brand of design-forward residential communities that complement the existing culture and liveliness of the neighborhood with a project of such distinct, innovative character. It’s been a pleasure working with the design team to bring our eclectic vision for Wynhouse Miami to life.”

Designed by ID & Design International (IDDI), Wynhouse Miami’s residences range from 474 to 1,405 square feet and feature a mix of studio, one- and two-bedroom floorplans, along with select penthouse units. IDDI implemented neutral tones with bold, colorful accents within the units’ interiors to complement the artistic, diverse community of Wynwood.

“As a South Florida-based interior design firm specializing in hospitality and multifamily developments, we took a deep dive approach to the design of Wynhouse Miami based on our fundamental understanding of the specific demographics and characteristics of this unique market,” said Sherif Ayad, President and CEO of ID & Design International. “This intimate knowledge of the Miami lifestyle resulted in modern residences that reflect the one-of-a-kind, inspired vibe of Wynwood.”

Building architect Nichols Architects meticulously examined Wynwood’s existing culture and rich history while designing the project. Known for its captivating graffiti street art, the Wynwood neighborhood has evolved from an abandoned warehouse zone into a thriving district with hidden entrances, surprising corridors and a network of connected alleyways – elements that became the starting point for the design of Wynhouse Miami. Nichols Architects incorporated two paseos that will enhance the pedestrian experience and increase connectivity for the neighborhood by allowing residents and the public to flow through the ground-floor community spaces and enjoy the retail offerings.

“The project pays homage to the industrial, craft-oriented nature of the historic neighborhood,” said Andrew James, Principal of Nichols Architects. “At the same time, the contemporary identity of Wynwood is being reinforced by the paseos, which will enhance the pedestrian realm, and the application of art throughout the development, which integrates a special emphasis on how the art will be perceived from the street and surrounding area.”

Wynhouse Miami will feature thoughtfully-curated indoor and outdoor amenities designed by award-winning interdisciplinary architecture and design firm Rockwell Group to emulate the bustling arts and culture scene in Wynwood. Located on the lobby, second floor and roof, the building’s amenities are active spaces that will enhance the lifestyle of residents, acting as an extension of their homes. Upon entering the lobby level, residents will be greeted by an eclectic and artistic lounge. The second floor features a lawn area, fitness center, co-working lounge with meeting and individual conference rooms, entertainment lounge, creative lounge and expo kitchen, all of which are connected by a multi-story, indoor-outdoor courtyard that will be wrapped with planters and seating to create a peaceful sanctuary for residents. On the rooftop, residents will enjoy a pool, spa, outdoor entertainment space and barbeque area, boasting sweeping views of the exciting surrounding neighborhood and the nearby skyline of Downtown Miami.

"Wynwood is like a contemporary art museum turned inside out,” said David Rockwell, Founder and President of Rockwell Group. “We wanted to bring the energy and creativity of the streets into Wynhouse Miami, with a celebration of industrial materials that link the lounges, bars, and courtyards to the history of the area."

“Wynwood is one of the largest and most prominent creative communities in the United States that has undergone a transformation over the past few years. We are thrilled to welcome a new project to continue to shape the neighborhood’s next chapter that pays homage to its unique and distinct character,” said Manny Gonzalez, Executive Director of the Wynwood Business Improvement District.

National enterprise and builder Suffolk was chosen for its successful track record on complex and sophisticated projects and its reputation as a respected and successful general contractor in Florida. Known for its client service and diversification across sectors, Suffolk is an industry-leader in innovation and leveraging new technologies that elevate the construction process and contribute to more predictable outcomes.

“We are excited about our collaboration with Fisher Brothers and our partners as we transform the vision of this project into reality,” said Jay Fayette, President of Suffolk East Coast Florida. “Our team is thrilled to implement Suffolk’s unique approach to construction and sophisticated technologies to help deliver a seamless and predictable project for our client and a mixed-use building that will make the community proud.”

Fisher Brothers has a longstanding commitment to delivering innovative, thoughtful developments that celebrate and enhance the community’s character. Wynhouse Miami represents this tradition and is reflective of the firm’s active expansion to key markets throughout the U.S. Recently, the firm announced that the AREA15 district in Las Vegas, home to immersive retail and entertainment, will expand by 20 acres, anchored by a year-round, horror themed attraction from Universal Parks and Resorts.

Renderings via Fisher Brothers

Touzet Studio-Designed Entertainment Development 'The Vessel' Hits The Market For Lease in Wynwood

Leasing is now underway at ‘The Vessel’, a high-end multi-space commercial development located at 101 NW 26th St. in Wynwood. The ultra-modern property was designed by Touzet Studio, who also designed Miami' Beach’s Apple and Nike flagship stores on Lincoln Road. ‘The Vessel’ spans 20,000 SF of leasable retail space and features multiple F&B entertainment suites complete with outdoor terraces and a rooftop with spectacular views of the vibrant Wynwood neighborhood. ‘The Vessel’ is currently under development with delivery expected in early 2025.

Wynwood has been one of the fastest growing neighborhoods in recent years and ‘The Vessel’ is drawing interest from some of the most renowned restaurant groups in the world. Other hot restaurants in Wynwood include Hiden, Hiyakawa, Bakan, Kyu, Doma, Uchi, Omakai and Astra.

Currently for lease include 8,200 SF on the ground floor, a 2,700 SF indoor retail space with a 1,900 SF outdoor terrace on the second floor as well as a 3,800 SF retail space with a 4,200 SF outdoor rooftop terrace. Jonathan Carter and Ryan Brodsky of Collier’s have the listings for the retail spaces and are searching for only the best and highest performing restaurant groups to lease in the building. For more information on leasing contact the team at Collier’s here.

Fabel Set To Kick Off Miami Race Week With Scuderia AlphaTauri Rooftop Dinner Party

Fabel Miami and Scuderia AlphaTauri are set to kick off Miami Race Week with an unforgettable evening of luxury, style and speed with an exclusive dinner party at the Wynwood rooftop hotspot. On May 4th, Fabel Miami will host an evening of entertainment, multi sensory delights, culinary indulgences and excitement. The Fabel Miami and Scuderia AlphaTauri partnership follows month’s of negotiations. One of the most provocative F1 teams on the circuit, Scuderia AlphaTauri is Red Bull's sister Formula One (F1) race team and a premium race-inspired lifestyle brand. 

The May 4th dinner party will feature a sumptuous multi-course meal featuring the finest ingredients, expertly prepared by our world-class chefs all while tableside next to the actual Scuderia AlphaTauri race car which is being lowered onto Fabel rooftop for Race Week. During the evening's performances and festivities, led by a yet-to-be-announced MC, guests will experience a ‘meet and greet’ with the Scuderia AlphaTauri F1 drivers, Nyck de Vries and Yuki Tsunoda, as well as the engineering and principal team who will share their insights and experiences of life in the fast lane.

40 team members from the AlphaTauri team will be present for the private dinner party, which you can join by making a pre-paid reservation on OpenTable at the link below. Dinner packages start at $500 per person and are accompanied by a “Prix” Fixe Menu. Seating is limited and selling-out fast so lock in your tickets today to guarantee your spot.

To enhance the experience, Fabel Miami is offering several VIP Table Packages. The Slipstream VIP Package starts at $10,000 for up to 12 guests and features a word class culinary experience, a meet and greet with the Suderia AlphaTauri Formula 1 team, a Dom Perignon upon arrival, a table mixologist for the first round of drinks and two bottles of Volcan De Mi Tierra Cristalino Anejo.

The Paddock VIP package for 18 guests starts at $15,000 and includes three bottles of Dom Perignon upon arrival with bottle engraving on site with Scuderia AlphaTauri x Fabel, two bottles of Volcan De Mi Tierra X.A Reposado Tequila, a tableside mixologist all night, a meet and greet with Scuderia AlphaTauri drivers and a Private Cabana next to 2023 Scuderia AlphaTauri car.

A Fabel VIP Package starting at $25,000 for 24 guests and a Scuderia VIP Package starting at $50,000 for up to 36 guests offer an even more enhanced experience including wine pairings, customized memorabilia, caviar service and private photo opportunities with the AlphaTauri car and team.

Fabel Miami is an open-air rooftop restaurant and lounge by restauranteur Matthew Rosenberg and his award-winning architecture firm, M-Rad. Fabel Miami opened in January of this year at Wynwood Jungle, the experiential dining and retail destination transformed by Black Lion Investment Group’s Robert Rivani. The immersive restaurant quickly became a Miami hotspot, redefining the hospitality industry and providing guests with a place to create their own enchanted fairytale.

Inside PROFILEconnect: The Evolution Of Wynwood From Arts District To Vibrant Global Tech Hub

On Tuesday, April 25th, PROFILEmiami teamed up with Oasis Wynwood, E11EVEN Vodka, Oak Row Equities, Kobi Karp, Torose Equities, Morabito Properties and Brick & Timber Collective to host PROFILEconnect: The Evolution of Wynwood From Arts District to Vibrant Global Tech Hub. PROFILEconnect is PROFILEmiami’s high-end bespoke networking event series, bringing together Miami’s real estate and business leaders for an evening soirée of networking and cocktails, while hearing from the top developers and investors transforming Wynwood into a vibrant, global tech and business hub. Guests enjoyed cocktails by E11EVEN Vodka, and beats by Miami-based DJ DAKAP, sustainable water by KOPU Water, as well as sushi and churros by Sushi OG, Papi Churro and Miss Crispy Rice.

The panel was led by legendary Wynwood-based architect Kobi Karp and featured Erik Rutter, the developer of Oasis Wynwood and The Wynwood Plaza; Scott Sherman, co-developer of The Dorsey Wynwood and an active Wynwood investor; Valerio Morabito, developer of the mixed-use office development Wyncatcher; and Jesse Feldman, Managing Partner of the San Francisco-based Brick & Timber Collective who has invested over $100 million into the Wynwood office market and is a leading tech unicorn and VC landlord. The evening was hosted by PROFILEmiami Co-Founders Demetri Demascus and Katya Demina with Erik Rutter and David Weitz of Oak Row Equities.

The evening was attended by an exclusive group of top real estate industry leaders and executives including Michael Comras, Miguel Pinto, Kobi Karp, Nancy Karp, Jordan Karp, Cullen Mahoney, Scott Sherman, David Eyzenberg, Valerio Morabito, Erik Rutter, David Weitz and Jesse Feldman, amongst others. Guests had the opportunity to network and share their experiences developing and investing in South Florida through thoughtful discourse, while forging new relationships with senior executives.

The event was sponsored by E11EVEN Vodka, KOPU Water, Eyzenberg & Co., Cosentino, Odyssey Retail Advisors, Disruptive Real Estate, Colliers and University of Miami Herbert Business School.

PROFILEconnect brings together Miami’s real estate industry and business professionals to network and connect outside of a business setting and is attended by Miami’s top investors, developers, business professionals, brokers, financiers, architects and designers. Guests had the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders. Stay tuned for more information on the next editions of PROFILEconnect in the works, “Hospitality in Real Estate” and “Branded Residences”.

Why Wynwood?

To escape high rents, many companies are relocating to Class A buildings in Downtown Miami and Wynwood. These buildings accounted for 44% of the entire market’s absorption in the first quarter of 2022. Wynwood has dominated new development in office product over the past two years.

Tenants relocating to these submarkets are looking for buildings with Class A amenities, such as conferencing facilities, fitness centers (with showers), cafés or restaurants and updated finishes in the common areas. Proximity to restaurants and shopping, as well as easy access to Interstate 95, and other lifestyle considerations are also important factors.

Panelists

Moderator:

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Hosts & Sponsors

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FUTURE EVENT SPONSORSHIP

Would your brand like to generate exposure and connect directly with the attendees at PROFILEconnect? PROFILEmiami provides the opportunity via a selection of Sponsorship Packages. Contact us today to inquire about future event Sponsorship Opportunities.

You can find more information on event sponsorship here:

PROFILEconnect: The Evolution Of Wynwood From Arts District To Vibrant Global Tech Hub

PROFILEmiami and Oak Row Equities are pleased to present the next installment of PROFILEmiami’s highly-anticipated PROFILEconnect bespoke networking event series. PROFILE has teamed up with Oasis Wynwood, Oak Row Equities, Torose Equities and Brick & Timber Collective to host an evening soirée of networking and cocktails, while hearing from the top developers and leaders transforming Wynwood.

Immerse yourself in the pulse of Wynwood at one of the Art Districts’s hottest indoor/ outdoor entertainment venues while enjoying signature cocktails by E11EVEN Vodka and bespoke networking before listening to an engaging panel discussing the evolution of one of Miami’s hottest growing neighborhoods from a vibrant Arts District into a global tech hub.

The relaxed and open setting provides an amazing opportunity to network with Miami’s top industry leaders and market makers, highlighted by Keynote Speakers Erik Rutter, the developer of Oasis Wynwood and The Wynwood Plaza; Scott Sherman, co-developer of The Dorsey Wynwood and an active Wynwood investor; Valerio Morabito, developer of the mixed-use office development Wyncatcher; Jesse Feldman, Managing Partner of the San Francisco-based Brick & Timber Collective who has invested over $100 million into the Wynwood office market and is a leading tech unicorn and VC landlord; moderated by legendary Wynwood-based architect Kobi Karp.

PROFILEconnect brings together Miami’s real estate industry and business professionals to network and connect outside of a business setting. PROFILEconnect is attended by Miami’s top investors, developers, business professionals, brokers, financiers, architects and designers. Guests will have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders.

Why Wynwood?

To escape high rents, many companies are relocating to Class A buildings in Downtown Miami and Wynwood. These buildings accounted for 44% of the entire market’s absorption in the first quarter of 2022. Wynwood has dominated new development in office product over the past two years.

Tenants relocating to these submarkets are looking for buildings with Class A amenities, such as conferencing facilities, fitness centers (with showers), cafés or restaurants and updated finishes in the common areas. Proximity to restaurants and shopping, as well as easy access to Interstate 95, and other lifestyle considerations are also important factors.

Space is limited due to venue constraints, so buy your tickets soon before they sell out.

Who Should Attend: Developers, Investors, Brokers, Lenders, Architects, Lawyers, Designers, Wealth Managers, Financial Planners, CPAs and other Business Professionals.

Date: April 25, 2023 | 6 - 9 PM

Where: Oasis Wynwood

Tickets: $125 [Includes admission & top shelf open bar powered by E11EVEN Vodka & Kopu Water]

Panelists:

• Erik Rutter, Managing Partner of Oak Row Equities

• Scott Sherman, Managing Partner of Torose Equities

• Valerio Morabito, CEO of Morabito Properties

• Jesse Feldman, Managing Partner of Brick & Timber Collective

• Moderator: Kobi Karp, Kobi Karp Architecture & Interior Design

SPEAKERS

Moderator:

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Hosts & Sponsors

Hosts:

Sponsors:

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EVENT SPONSORSHIP

Would your brand like to generate exposure and connect directly with the attendees at PROFILEconnect? PROFILEmiami provides the opportunity via a selection of Sponsorship Packages. Contact us today to inquire about Sponsorship Opportunities.

You can find more information on event sponsorship here:

L&L Holding Company and Oak Row Equities Break Ground On 'The Wynwood Plaza' One Million Square Foot Mixed Use Campus

L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have broken ground on The Wynwood Plaza, a 1-million-square-foot mixed-use campus at 95 NW 29th Street in Miami’s famed Wynwood Arts District. This milestone, which took place with a groundbreaking celebration on Thursday March 2, 2023 followed by an afterparty at Oak Row Equities’ Oasis Wynwood campus, comes on the heels of securing $215 million in construction financing from Bank OZK for this dynamic project, designed by renowned architecture firm Gensler.

The Wynwood Plaza will encompass a residential building featuring 509 luxury rental apartments, an array of indoor and outdoor dining and shopping options, as well as a highly amenitized office tower. The development will be defined by a half-acre, lushly landscaped public plaza that will be the largest in the Wynwood Arts District and one of the largest in all of Miami. Designed by James Corner Field Operations, the landscape architecture and urban design practice behind Miami’s Underline and New York City’s High Line, the most iconic public facing feature will be a pedestrian paseo adorned with large palm trees and a unique variety of local vegetation.

Two floors of the 12-story office tower are pre-leased. Prominent investment firm Claure Group, led by Marcelo Claure, will establish its headquarters in 25,400 square feet across the entire eighth floor. Weitz & Luxenberg, an acclaimed nationwide law firm, will open its first Miami office in 18,000 square feet across the second floor.

“Recognizing the need to create something of lasting value to Miami, we assembled an all-star team capable of cultivating an environment that is every bit as unique, artistic and sophisticated as the colorful neighborhood that surrounds it,” said David Levinson and Robert Lapidus of L&L Holding Company. “We are thrilled to share this important moment with our partners Oak Row, Shorenstein, and Claure Group, as well as all of the local stakeholders who made this milestone possible.”

“The groundbreaking at The Wynwood Plaza is a defining milestone for our firm and our partners. This historic project will further enhance the globally-recognized Wynwood Arts District and serve as a bold example of our commitment to placemaking for the local community,” said Erik Rutter and David Weitz, Managing Partners at Oak Row Equities.

“With expectations from commercial tenants and residents alike higher than ever for the places they choose to live and work, we are confident The Wynwood Plaza will stand out and raise the bar,” said Matt Knisely, Managing Director at Shorenstein Properties. “At Shorenstein, we are focused on investing in best-in-class and highly differentiated projects in compelling markets, and this partnership exemplifies our proven approach.”

The Wynwood Plaza’s Class AAA office tower will encompass 266,000 square feet with efficient floor plates that create light-filled workspaces and private terraces on each floor. Tenants will have access to dedicated indoor and outdoor amenities, including a fitness club, cafe and bar lounge, conference and collaboration spaces, and expansive rooftop. The tower will also feature best-in-class air filtration, touchless entry, and elevator systems.

Luxury rental apartments will feature floor-to-ceiling windows, state-of-the-art appliances, exceptional finishes, and flexible layouts. An expansive amenity package will feature four activated rooftops with a sports court, two outdoor pools with showers, a sauna, hot tub and cold plunge pool, and a glass atrium with co-working spaces, private phone rooms, and a game lounge. In addition, residents will have access to a modern fitness center with state-of-the-art equipment and dedicated areas for yoga and other exercise classes.

The Wynwood Plaza will also include 32,000 square feet of retail, including 6,600 square feet of outdoor dining. An eclectic mix of lifestyle boutiques, curated storefronts, convenience locations, and fast casual spots are envisioned for the campus.

Situated on a main pedestrian thoroughfare, the airy, stylish spaces will feature full glass storefronts with the opportunity for impactful exterior signage. To showcase and elevate the creativity of the surrounding community, L&L Holding and Oak Row Equities will collaborate with local artists to include curated works and installations throughout for residents and the community to enjoy.

With construction now underway, completion is anticipated in 2025.

Oak Row Equities And L&L Holding Company Secure Full Construction Financing For 'The Wynwood Plaza' One-Million-Square-Foot Dynamic Mixed-Use Campus

L&L Holding Company and Oak Row Equities today announced they have closed on $215 million in construction financing for The Wynwood Plaza, a one-million-square-foot campus that will bring class-AAA office, residential, retail and outdoor space to 95 NW 29th Street in Miami’s famed Wynwood Arts District.

L&L Holding, Oak Row Equities, alongside project partner Shorenstein Properties LLC (“Shorenstein”) and co-investor Claure Group, secured the loan from Bank OZK. With full project financing now in place, major construction will commence immediately with full completion anticipated in 2025.

In addition to securing the financing, L&L Holding and Oak Row Equities announced that they have pre-leased two full floors at The Wynwood Plaza’s 12-story contemporary Class AAA office tower. Prominent investment firm Claure Group, led by Marcelo Claure, will establish its headquarters in 25,400 square feet across the entire eighth floor. Weitz & Luxenberg, an acclaimed nationwide law firm, will open its first Miami office in 18,000 square feet across the second floor. The second floor will also house the amenity space exclusive to office tenants.

Designed by world-renowned architecture firm Gensler, which is also serving as architect of record, The Wynwood Plaza will incorporate a residential building featuring luxury rental apartments, an array of indoor and outdoor dining and shopping options, as well as a highly-amenitized office tower totaling approximately 266,000 square feet. Inviting outdoor spaces will be designed by James Corner Field Operations, the landscape architecture and urban design practice behind New York City’s High Line and Miami’s The Underline. The project’s most distinctive characteristic will be a beautifully landscaped 26,000-square-foot outdoor public plaza– the only one of its size in the Wynwood neighborhood and one of the largest in Miami.

“The Wynwood Plaza has been designed and programmed to produce a dynamic fusion of high-end apartments, creative offices, galleries, boutiques and artisanal restaurants, all wrapped around a lush paseo, which will both complement and enrich the entire Wynwood Arts District,” said L&L Holding Company Chairman & Chief Executive Officer David Levinson and President & Chief Investment Officer Robert Lapidus. “We are grateful to our partner Shorenstein and Bank OZK, as well as to our tenants, for embracing our collective vision of The Wynwood Plaza as a nexus of culture, community, creativity and nature.”

“In every submarket, Oak Row Equities develops in, we strive to deliver not only best-in-class product, but also the most transformative projects in each individual submarket. Wynwood Plaza is no exception,” said Erik Rutter and David Weitz, Managing Partners of Oak Row Equities. “We are thrilled to have Shorenstein and Bank OZK as our partners to bring the largest mixed-use development in Wynwood to life.”

“With a fast-growing population and a business-friendly environment that continues to drive a significant number of corporate expansions and relocations by prominent technology, financial and professional services companies, Florida, and the Miami metro region in particular, is an attractive market for long-term investment,” said Matt Knisely, Managing Director at Shorenstein Properties. “We are excited to partner with L&L and Oak Row to build on our successful track record in the region by delivering a market-leading mixed-use project that will provide an innovative space for tenants and the vibrant Wynwood community alike for years to come.”

“The Wynwood Plaza brings together the best of all worlds to create the ideal environment for collaboration and productivity,” said Claure Group Founder and CEO Marcelo Claure. “The sustainable and tech-focused design offers the perfect setting for businesses to innovate, grow and attract top talent. The artistry and authenticity of the campus will also be a magnet for residents and retailers who want to be part of Miami’s most vibrant neighborhood.”

The Wynwood Plaza’s office component has been intentionally designed with innovative floor plates and an expansive suite of amenities to cultivate the ideal environment for today’s innovative workforce. The building will incorporate private terraces on each floor and 14-foot windows to allow natural light to fill the workspaces. A dedicated amenity hub will include a fitness club, a cafe and bar lounge, and conference and collaboration spaces, while an expansive rooftop will feature lush landscaping and private seating areas. The office tower will have a stylish 25-foot-tall grand lobby at street level, and tenants will also benefit from best-in-class air filtration, touchless entry and elevator systems.

The Residences at The Wynwood Plaza will include 509 luxury rental apartments with floor-to-ceiling windows, state-of-the-art appliances, exceptional finishes and flexible layouts. Residents will have access to a best-in-market amenity package that includes four activated rooftops with a sports court, two outdoor pools with showers, a sauna, hot tub and cold plunge pool. In the resident-only glass atrium, co-working spaces and private phone rooms will provide a quiet place to work from home, with a neighboring game lounge for when it is time to take a break. A modern fitness center will feature the latest equipment, as well as dedicated areas for yoga and other classes.

With an eclectic mix of lifestyle boutiques, micro-curated storefronts, convenience locations, restaurants and fast casual spots, The Wynwood Plaza’s retail will become a neighborhood destination. The project will include a total of 32,000 square feet of retail, including 6,600 square feet of outdoor dining. The airy, stylish spaces will feature full glass storefronts with the opportunity for impactful exterior signage. Situated on a main pedestrian thoroughfare, the shops will benefit from ample foot traffic comprised of on-site office tenants and residents, as well as those who live in and visit the popular neighborhood.

The project’s 26,000-square-foot outdoor public plaza will feature a pedestrian paseo with direct connections to Northwest 29th Street, Northwest 30th Street and Northwest 1st Avenue. The paseo will be landscaped with large palm trees, plants and flowers and form a central pedestrian thoroughfare.

To showcase and elevate the creativity of the surrounding community, L&L Holding and Oak Row will collaborate with local artists to include curated works and installations throughout The Wynwood Plaza for residents and the community to enjoy.

Dustin Stolly and Jordan Roeschlaub of Newmark represented L&L Holding and Oak Row Equities in capitalizing the project, while Scott Wadler and Michael Basinski of Berkadia arranged the Bank OZK financing.

Kobi Karp Designed Gateway at Wynwood Class A Office Complex Refinanced With $113 Million Loan

Berkadia has arranged a $113 million loan to refinance Gateway at Wynwood, a 220,000-square-foot, Class A office and retail project designed by Kobi Karp in Miami’s Wynwood District. Senior Managing Director Charles Foschini, Managing Director Christopher Apone and Associate Director Robert Iudice of Berkadia South Florida arranged the loan on behalf of New York-based Rose & Berg Realty Group LP (“R&B Realty”), a family-owned real estate management, leasing and construction company. The property is leased to a diverse tenant roster including BoConcept, OpenStore and Veru. A10 Capital, a vertically integrated, full service commercial real estate lender, provided the three-year loan, with two, one-year extension options.

Berkadia also secured the original construction loan for the project in early 2020 through lender 3650 REIT. This time,

"The volatility in the lending environment made this office refi transaction challenging, but our relationships with the lending community and the strength of this asset helped us secure one of South Florida's largest office refis in recent times," said Foschini. "We are proud to have played a key role in helping our client move forward with its plans as it continues to attract strong office and retail tenants to the trophy property in the highly desired Wynwood area north of downtown Miami."

Designed by ‘starchitect’ Kobi Karp, Gateway at Wynwood is located at 2616 North Miami Avenue, in the epicenter of Miami’s Wynwood corridor, one of the most desirable 24-hour submarkets in the nation. It features approximately 220,000 square feet of Class A office space encompassing roughly 27,700 square feet of space on each of its floors. It features a private rooftop terrace with panoramic views, as well as 512 on-site parking spaces. The project also features 24,000 square feet of retail space and is centrally located at the convergence of the Midtown and Wynwood submarket’s’ high-traffic retail corridor, with immediate access to thousands of new residential units.

Gateway at Wynwood is just minutes away from Miami’s Central Business District (CBD), Midtown, Edgewater, the Arts and Entertainment District, Brickell, Miami Beach, and a variety of mass transit options including I-195, the Miami Metrorail and the new Brightline commuter rail line connecting Miami to Fort Lauderdale and Palm Beach.