The Real Deal Miami

Developer Tony Goldman puts his money on Wynwood

March 31, 2010 10:40AM

Tony Goldman, who had a large hand in the rebirths of Soho and South
Beach, along with several neighborhoods in the Northeast, is setting
his sights on Wynwood, the old industrial area west of Biscayne Bay
downtown. Since 2004, Goldman has bought nearly 24 buildings in the neighborhood for about
$35 million. Part of Goldman’s strategy is to make the area appealing
for artists; accordingly, he is paying for housing for artists, who
have made several large-scale murals in the neighborhood. He has also
opened a trendy eatery, Joey’s, the addition of which is reportedly
part of his  strategy in helping neighborhoods recover. The
neighborhood has been edging in on South Beach’s allure as a hot spot,
spurred in part by a decision by the city to loosen liquor restrictions in the area. [NYT]