Co-living development for the creative class is coming to Wynwood

The Collective, a London-based developer of co-living apartment buildings, and Metro 1 founder Tony Cho are behind the $210M project

TRD MIAMI /
Jun.June 23, 2019 03:00 PM

Wynwood (Credit: Metro 1)

The Collective acquired property in Miami’s Wynwood neighborhood for development of a co-living apartment building with art-oriented programming.

The London-based company said in a press release it will invest in the $210 million Wynwood project in partnership with Tony Cho, founder of commercial brokerage Metro 1.

Founded in 2010, The Collective has more than 8,000 co-living units in operation or under development and has raised more than $800 million to fund its expansion across the United States, the United Kingdom and continental Europe.

The Wynwood development at 2825 Northwest Second Avenue will range in height from eight to 12 stories. The Collective, which did not disclose a planned number of residential units, said the building would include a street-level gallery, restaurant and pop-up retail space.

“The programming will be focused on arts and maker culture, providing a home for rising talent in the neighborhood, and the creative’s lifestyle,” the company said.

In addition to its development site in Miami, The Collective has three development sites in New York City and recently got permits to build a 170,000-square-foot co-living project on a site in the Chicago Loop.

The company’s largest co-living building will open next month with 705 members at Canary Wharf in London. – Mike Seemuth


Related Articles

arrow_forward_ios
From left: Andrea and Renzo Rosso

Diesel family dishes on Wynwood condo project

(Credit: Redwood Media Group)

Developers and brokerages are getting creative for Art Basel

Daily Digest Miami

Palm Beach estate hits market for $110M, Gulfstream Park bets on $20M renovation

Rendering of One Eleven Wynwood Hotel by Sonder and Eduardo Vargas, Andres Hogg and Andres Klein

Sonder inks lease for flagship Wynwood hotel

Noah Bachow and a rendering of Flagler Creative

Fort Lauderdale urges redesign of Flagler Village project with co-living

Gustavo Miculitzki, Jon Paul Perez, and Jay Roberts with a rendering of the project

Related, Block Capital sign deal with short-term rental operator

Daily Digest Miami

Sterling Bay tops off 545wyn in Wynwood, Reich Brothers buys $70 million former Sears distribution center in Ocala

LeBron James with a rendering of Unknwn Wynwood (Credit: Getty Images)

Renderings revealed: River Parc master plan, Unknwn’s Wynwood store

arrow_forward_ios