The Real Deal Miami

Posts Tagged ‘wynwood’

  • Moishe Mana, Tony Cho sue each other over Wynwood deal

    Israeli businessman vows to ruin career of Metro 1 president, who fired back with countersuit
    July 31, 2014 10:30AM
    Moishe Mana and Tony Cho

    Moishe Mana and Tony Cho

    Longtime business partners Moishe Mana and Tony Cho are suing each other over a property sale in Miami’s emerging Wynwood neighborhood.

    Mana, an Israeli businessman who intends to build a large arts-oriented project on 25 acres in Wynwood, and Metro 1 founder and president Cho had strong comments about the nasty litigation that dates back to February. The initial suit was filed by Mana, who claims Cho and associate Scott Alan Silver cut him out of a deal for the remaining parcel he needed to finish assembling the Northwest Second Avenue and Northwest Sixth Avenue development site. [more]

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  • Crowdfunding campaign launched for Wynwood building

    Fundrise teams up with Atlas Real Estate Partners for mixed-use project
    June 27, 2014 10:30AM
    2301 North Miami Avenue (via LoopNet)

    2301 North Miami Avenue (via LoopNet)

    A developer in Miami’s Wynwood neighborhood launched a crowdfunding initiative to help fund the mixed-use project.

    Fundrise and New York-based Atlas Real Estate Partners began crowdfunding efforts on Thursday for the 13,000-square-foot development at 2301 North Miami Avenue, according to a written announcement from the companies. The property underwent recent renovations and is 50 percent leased. “Design, artistic and creative tenants” are expressing interest in the remaining two spaces up for lease. [more]

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  • Wynwood landlords want to ditch Miami 21

    Area property owners are working with the city to alter zoning standards
    June 12, 2014 04:30PM
    Wynwood

    Wynwood

    Wynwood property owners are asking the city to allow them to shirk Miami 21 zoning standards. [more]

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  • Wynwood design competition gets international interest

    Submissions received from more than 10 countries as June 10 deadline approaches
    May 29, 2014 01:30PM
    Miami Mayor Tomas Regalado and Metro 1 president Tony Cho at Wynwood Gateway Complex event

    Miami Mayor Tomas Regalado and Metro 1′s Tony Cho at Wynwood Gateway Complex event

    The organizers of the Wynwood Gateway Park design competition say they have received submissions from more than 10 countries as the entry deadline approaches. [more]

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  • David Edelstein grabs more Wynwood property

    New York developer acquires smoke shop, art gallery in $4M transaction
    May 12, 2014 11:15AM
    David Edelstein

    David Edelstein

    New York developer David Edelstein expanded his Wynwood holdings by spending $4 million on a smoke shop and art gallery in the Miami neighborhood.

    Edelstein paid about $2.5 million more than what the properties traded for in May 2012. The parcels at 2701 Northwest Second Avenue and 187 Northwest 27th Street total nearly 12,000 square feet.

    One of the buildings is occupied by smoke shop Ocean Grown Glass Gallery, according to the Daily Business Review. The buildings face the site of a residential development proposed by Goldman Properties. [more]

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  • Long-delayed nightclub to open in Wynwood

    HOUSE will create as many as 100 new jobs, owner says
    May 08, 2014 05:15PM
    Mark Lowe

    Mark Lowe

    A new nightclub slated to open this month in Miami’s Wynwood Arts District will create 50 to 100 new jobs, according to the owner. [more]

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  • Wynwood retail development lands Ducati as tenant

    Motorcycle giant could be first of many luxury brands to target growing area
    March 24, 2014 12:00PM
    Miami Mayor Tomas Regalado and Metro 1 president Tony Cho at Wynwood Gateway Complex event

    Miami Mayor Tomas Regalado and Metro 1′s Tony Cho at Wynwood Gateway Complex event

    Luxury retailers are beginning to take notice of Miami’s evolving Wynwood neighborhood, which is becoming known for more than just its arts scene. [more]

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  • Developer Edelstein proposes Wynwood project

    Robert Futterman part of group planning mixed-use development
    March 13, 2014 03:30PM
    David Edelstein

    David Edelstein

    Prominent developer David Edelstein wants to stake a claim in Miami’s burgeoning Wynwood area through a partnership that includes New York real estate heavyweight Robert Futterman.

    Edelstein has submitted a proposal for a mixed-use development on 1.75 acres at 2801 Northwest Third Avenue, exMiami reported. The project would include 264 residential units, 39,000 square feet of retail space and 19,200 square feet of offices. [more]

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  • Miami board approves Wynwood rezoning

    Developer wants to construct area's densest residential building
    March 11, 2014 11:15AM
    Rendering of 250 Wynwood

    Rendering of 250 Wynwood

    A City of Miami board has allowed a developer in Wynwood to construct the densest building in the burgeoning neighborhood.

    The Planning, Zoning and Appeals Board voted 7-1 in favor of developer Wynwood 250’s request for a zoning change giving it the ability to build one or more eight-story structures and up to 80 apartment units on a half-acre property on Northwest 24th Street, Daily Business Review reported. City staff had recommended a denial of the request. Wynwood 250, a partnership between David Polinsky and Bradley Carlson, previously announced plans to construct a six-story, 11-unit luxury condo building on about half of the property. [more]

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  • Wynwood Central construction begins

    Eight-story mixed-use building on track for mid-2015 completion
    March 07, 2014 10:30AM
    Wynwood Central rendering

    Wynwood Central rendering

    Construction of the $50 million Wynwood Central mixed-use development is underway.

    The eight-story, 385,000-square-foot building is on track for a mid-2015 completion, according to Thursday’s written announcement from a project spokesperson. Wynwood Central’s plans include 69 residences, 40,000 square feet of retail space and 50,000 square feet of mixed-use space that could be used for showrooms or creative offices. Developers Shawn Chemtov and Marc Kovens hope to attract arts, technology and design tenants eager to relocate to the burgeoning Wynwood area. [more]

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