The Real Deal Miami

Posts Tagged ‘wynwood’

  • Moishe Mana has grand plan for Wynwood

    Largest landowner continues to add to his holdings
    October 30, 2014 04:30PM
    Moishe Mana

    Moishe Mana

    The biggest landowner in Miami’s Wynwood district is becoming even bigger.

    That’s according to a profile in the Daily Business Review, in which Moishe Mana described some of his vision for the area. Mana, an Israeli entrepreneur, recently hired architect Bernard Zyscovich to create a master plan for the area, where he has been buying up lots since 2010. [more]

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  • East End makes another big Wynwood purchase

    New York developers pay $23.5M for two acres in what might be a record for the market
    October 07, 2014 12:45PM
    Aerial of site acquired by East End Capital (inset: Lyle Chariff and Mauricio Zapata)

    Aerial of site acquired by East End Capital (inset: Lyle Chariff and Mauricio Zapata)

    Two acres of Wynwood land was just purchased by a New York real estate investment firm for $23.5 million in a transaction that might be a record for the emerging Miami neighborhood, The Real Deal has learned. [more]

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  • Wynwood gets new parking plan

    The neighborhood will now have special employee parking
    September 10, 2014 05:15PM
    A parking sign in Wynwood

    A parking sign in Wynwood

    Parking complaints from Wynwood business owners and employees spurred the Miami Parking Authority to create a parking plan that includes provisions for local employees. [more]

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  • Wynwood’s free parking ride could be over

    Miami mayor, business owners upset with authority's plan to start charging
    August 19, 2014 09:45AM
    Tomas Regalado and Art Noriega

    Tomas Regalado and Art Noriega

    Miami’s rapidly-growing Wynwood neighborhood has benefited from free street parking in front of businesses and art galleries for years. The city’s parking authority is facing opposition for its plan to start charging drivers who park in the area.

    Starting on Sept. 1, Wynwood street parkers must pay $1.50 per hour and can only park in designated zones for three hours. Drivers have the option to purchase parking decals for the western edge of the neighborhood for $55 a month. [more]

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  • New York developers take aim at Wynwood

    Madison Avenue venture wants to transform shoe warehouse into trendy retail plaza
    August 06, 2014 02:15PM
    David Peretz and Jonathon Yormak

    David Peretz and Jonathon Yormak

    A Madison Avenue-based real estate investment firm founded by developers Jonathon Yormak and David Peretz is aiming to transform a wholesale shoe warehouse in Miami’s Wynwood neighborhood into a trendy retail plaza with a rooftop lounge.

    The proposed 23,500-square-foot project by East End Capital and Yellow Side Ventures is among several retail developments being proposed by New York investors, who believe Wynwood is fast becoming Miami’s version of some of their city’s trendiest neighborhoods. [more]

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  • 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]

    1 Comment
  • 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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