Metro 1 Commercial and Whitehall Realty Group are launching leasing and releasing renderings of a planned retail development called Wynwood Park.
Last year, ASG Equities and the Gindi family paid $53.5 million for the buildings at 2600-2630 Northwest Second Avenue, just a block away from the Wynwood Walls. Now, the owners and Metro 1 are releasing new details about the adaptive re-use and green space project.
New York-based MKDA Architecture is designing the project, and Metro 1 and Whitehall are handling leasing of the roughly 40,000 square feet of retail. Wynwood Park will have nearly an acre of open park space. MKDA architects Amanda and Brett Hertzler told The Real Deal in January that most of the green space will be a rooftop park. “We’re creating different entry points that align with neighbors and creating an interior open space that takes you to the park on the second floor, by way of a grand staircase,” Amanda Hertzler told TRD.
The properties house 41,616 square feet of space and sit on 42,000 square feet of land, which means ASG Wynwood LLC, the ASG-Gindi partnership, spent more than $1,200 per foot for the land and for the buildings. The Gindy family is known for its ownership of the Century 21 Department Store chain.
Construction is set to begin during the first quarter of this year.