Gateway At Wynwood has been issued financing and a construction permit, and will soon break ground.
Rose & Berg Realty Group LP secured a $76 million construction loan from 3650 REIT, the developer said in a press release. Berkadia Commercial Mortgage LLC brokered the loan.
The 12-story project has also been issued a construction permit from Miami’s Building Department, city records show. Plaza Construction is listed as the contractor.
Gateway at Wynwood will include about 220,000 square feet of class A office space, 25,900 square feet of retail space, and a rooftop terrace. There will also be 574 parking spaces, according to a UDRB submittal.