Moishe Mana wins county nod for Wynwood land swap

Deal will go before Miami-Dade commission June 30 for final vote

Jun.June 11, 2015 06:15 PM

Miami-Dade’s Economic Development Committee on Thursday unanimously backed a pending land swap-construction deal between the county and Wynwood developer Moishe Mana.

The deal, which Miami-Dade County Commissioner Audrey Edmonson described as a “win-win,” will come before the full Miami-Dade County Commission for a vote on June 30. It involves the county giving Mapton Holdings, a subsidiary of Mana Wynwood, 1.4 acres of 60,560 square feet of land valued at $6.8 million, located at 270 Northwest 23rd Street, 251 Northwest 22nd Lane, 205 Northwest 22nd Lane, and 2268 Northwest Second Avenue.

Mana Wynwood already owns 30 acres in Wynwood, as well as the massive Dade Foreign Trade Zone, which is located “directly adjacent to the county property,” according to a county memo.

In exchange, Mana Wynwood will give the county 15,715 square feet of land at 2153 Northwest Second Avenue and 2145 Northwest Second Avenue valued at $3 million.

Mana Wynwood will also build a $7.37 million, three-story, 45,912 square foot county facility with 29 indoor parking spaces that will include an office for Edmonson (whose district includes Wynwood), a Puerto Rican Community Center, and an office for the Puerto Rican Chamber of Commerce. About $2.5 million of the facility’s cost will be paid for by a county general obligation bond. The rest of the facility’s bill will be footed by Mana Wynwood.

“They will also give us a line of credit for $5 million,” Edmonson told her colleagues. “So, if they renege [on the deal], the county keeps the $5 million.”

Related Articles


Join The Real Deal at its sixth annual Miami Showcase & Forum this week

La Social’s original location at 7601 Biscayne Boulevard (Credit: Google Maps)

The Weekly Dish: La Social to open in downtown Miami, Salt & Straw is going to Wynwood 25 & more

Tony Cho, Andres Nava and Valerio Morabito with 2143 Northwest First Avenue

Developer Valerio Morabito enters Wynwood market with $9M acquisition

A rendering of Arlo Wynwood

Quadrum Global plans Arlo hotel in Wynwood

From left: Jon Paul Perez, Alex Karakhanian, Tony Arellano and Devlin Marinoff over the site (Credit: Google Maps)

Related Group, Alex Karakhanian and partners drop $32M on Wynwood site

From left: Tony Arellano, Devlin Marinoff and 2729 Northwest Third Avenue

Miculitzki family lists property near Wynwood Walls for $18M

Daily Digest Miami

Target could be coming to North Beach, Related and Atlantic Pacific head to Miami board: Daily digest

Rendering of the Moxy Hotel, Pierre Charalambides and David Grutman (Credit: Kobi Karp)

Wynwood is getting its own Moxy hotel