Related Group submits plans for mixed-use apartment project in Wynwood

Miami /
Jul.July 12, 2016 06:00 PM

The Related Group and Block Capital Group have submitted plans for a mixed-use apartment project in Wynwood. 

Wynwood 26, at 51 Northwest 26th Street, joins a handful of new proposals aimed at adding new residents to Wynwood. As planned, the development will have 174 apartments, a courtyard, rooftop, paseo and murals. It marks the first in Wynwood for the Related Group.

Arquitectonica is designing the five-story building. Apartments will have Juliet balconies, which means the balcony doors open up to a railing, like in “Romeo and Juliet.” The project site is 1.2 contiguous acres on 26th and 27th streets.

The zoning requires 254 parking spaces, but the developer, Wynwood 26th Street Owner LLC, is requesting a waiver that would allow for 75 fewer spaces, bringing the total number to 179 spaces in the mezzanine level, according to the Next Miami. Thor Equities is also requesting a parking reduction via waiver for its Wynwood project.

While the neighborhood has transformed in recent years, a wave of planned apartment buildings will further that transformation. In the past month, Thor, East End Capital and RedSky Capital have all proposed projects with apartments and commercial space.

Block Capital Group, an active investor in Wynwood, is a joint venture between the Miculitzki family and Cabi Developers. Related purchased a 50 percent stake in the development in December.

“We have had our eye on Wynwood for a while and when the Miculitzki’s approached us with the property, we realized the size and niche location would allow us to develop something special,” Lissette Calderon, Related’s president of International & Strategic Projects, said in a statement to TRD. “Our vision was influenced by other great neighborhoods like the Meatpacking District in New York and Mission District in San Francisco.”

Miami’s Urban Design Review Board will review Related and Block Capital’s plans at its next meeting July 25, and will go before the Wynwood Design Review Committee tomorrow, a city spokesperson told The Real Deal.

Wednesday’s design review meeting will also address plans for 222 Wynwood and Wynwood 25, both mixed-use projects.

Block Capital could not be reached for comment.


Related Articles

arrow_forward_ios
Goldman Properties' Jessica Goldman Srebnick with 2501 Northwest 5th Avenue and the lot at 413 Northwest 25th Street, Miami (Getty, iStock)

Goldman Properties buys Wynwood property for discounted $5M

Goldman Properties buys Wynwood property for discounted $5M
Pharrell Williams and David Lerner with a photo of 2545 Northwest Third Avenue and a rendering of the Billionaire Boys Club exterior (Getty, Google Maps, Lerner Family Properties)

Pharrell’s Billionaire Boys Club to open store in Wynwood

Pharrell’s Billionaire Boys Club to open store in Wynwood
Angel Febres, partner, Homecookin’ Hospitality and Metro 1 Managing Director Andres Nava

Wynwood nightclub building hits the market

Wynwood nightclub building hits the market
Placeholder image

Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal

Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal
Jon Paul Perez and Russell Galbut with renderings of the projects

Related, Crescent Heights and Melo Group seek approval for Miami projects

Related, Crescent Heights and Melo Group seek approval for Miami projects
Domio Wynwood, Gustavo Miculitzki, and Jon Paul Pérez (Credit: Alberto Tamargo/Getty Images)

Related lists Domio Wynwood apartment-hotel for sale with whisper price of $90M

Related lists Domio Wynwood apartment-hotel for sale with whisper price of $90M
From left: Jorge Pérez, Stuart Miller, Craig Robins, Louise Sunshine, and Russell Galbut,(Credit: Patrick McMullan via Getty Images)

Here are the South Florida real estate players who donated to candidates in 2020

Here are the South Florida real estate players who donated to candidates in 2020
Mark M. Rubin & Howard M. Lorber

Movers & Shakers: Related taps Douglas Elliman for condo sales & more

Movers & Shakers: Related taps Douglas Elliman for condo sales & more
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...