329-Unit Nomad Residences (With Casa Tua Cucina) Breaks Ground In Wynwood, 75% Sold

·43 Comments

Another major project is now underway in Wynwood.

Developer Related Group and partner Tricap held a groundbreaking ceremony yesterday for the Nomad Residences building, which will feature 329 residential units when complete. Lndmrk Development is also a partner in the project.

The groundbreaking ceremony took place after over 75% of units had been put in contract, developers said.

The project is being developed in partnership with NoMad Hotels, and its parent company, Sydell Group.

Owners will be permitted to rent their units on a short term basis without restrictions. Units will be delivered furnished, and there will be an on-site management team to handle check-in and check-out.

Casa Tua Cucina will anchor the ground floor space.

There will also be a rooftop restaurant and bar, The NoMad Bar, helmed by James Beard Award Winner Leo Robitschek.

Arquitectonica is the architect.

Completion is planned in 2025.

 

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anonymous
2 months ago

I’m glad this beautiful project finally broke ground and the empty lots are becoming a thing of the past

18
Anonymous
2 months ago

That’s Casa Touchdown Tua!

8
Melo is sigma and Chad
2 months ago

Fine addition to Wynwood, glad 2nd NW ave itself is getting high rises.

5
Anonymous
2 months ago

There’s no high rises in Wynwood, it’s outside the Miami metro core. FAA won’t allow it

-12
Anon
2 months ago

You can be willfully ignorant all you want – but you know Wynwood is part of Miami’s urban core.

10
Anonymous
2 months ago

You’re right that there’s no highrises in Wynwood, but you’re wrong that Wynwood is outside the core. Those statements are both simple facts that aren’t up for debate.

4
Cover the podiums
2 months ago

Anything east of I-95 has massive redevelopment potential due to its proximity to the water. So all of this would be the core, not just brickell.

3
Anon
2 months ago

Not just east of i95, the core is a circle around Brickell, West of i95 in Brickell is also ripe for massive redevelopment potential given it has higher zoning and waterfront location.

5
Anonymous
2 months ago

I know it’s a brand, but “Nomad Residences” sounds like a contradiction.

5
Bruno
2 months ago

Nice!

1
Anonymous
2 months ago

It’s an oxymoron, not to be confused with the commissioner who was just ousted.

0
Cover the Podiums
2 months ago

Its interesting to see how Miami is fully embracing AirBnb with zero restrictions, while NYC banned them completely. Which makes sense for Miami since it brings in a ton of tourism into gentrifying neighborhoods since lodging is very cheap.

So it makes you wonder if a ban also happens here in Miami eventually, and if so what will happen to all these buildings…

3
Anonimo
2 months ago

They are easily turned into apartments. Honestly, short term rentals do little to build a stable community or grow the local economy long term.

5
Bruno
2 months ago

You seem very confident with this assertion, “short term rentals do little to build a stable community or grow the local economy long term.”

Even assuming that a property’s function is to “build a stable community”, would you say that a 329 Unit Marriott also “does ittle to build a stable community or grow the local economy long term.”

If you do, couldn’t someone who knows what they are talking about argue that these apartments provide owners more flexibility and more utility than a Marriott?

-3
Anonimo
2 months ago

Let’s use our critical thinking skills here. Someone who is in town for a week is not making lasting connections with businesses in the area, they will not be a consistent customer to those businesses, they will not contribute to the community or culture of the area, they will not be paying taxes to the city or county to improve the area, they will not be contributing knowledge in their field of work to grow industry in the area, they will be taking up housing inventory and raising prices for long term renters, they have ZERO vested interest in the area because they are here short term.

No one is “assuming” a property’s function is to build a stable community or grow the economy, a building’s function is completely determined by the owner/investor. This is why zoning regulations are important because otherwise we would have chemical factories next to kindergartens. In the same vein it’s up to the city to issue zoning regulations that will benefit the community and grow the local economy in-spite of short-sighted owners/investors.

4
Sam
2 months ago

Thank you for your considered and thoughtful comment! We have ‘hotels’ for people who are short-term visitors. Hotels do create value in neighborhoods, but hotels also are governed by other tax, insurance and regulations. Why? Because they are for short-term visitors! We need apartment buildings for ‘housing’. If people want to be an investor, and use their money to buy an apartment and have it sit empty to park their money – then ok. If they want to be an investor and rent out their apartment for yearly rentals, then ok. Otherwise, this AirBNB-ing of ‘apartments’, where we are basically creating a hotel, is ridiculous. If you want to create a hotel, then create a goddamn hotel. I have lived in Miami for 6 years (moved from NYC after 15 years), and I wholly agree with NYC’s approach on this issue. These AirBNB apartments are going to turn into trash, which is unfortunate, because here, NoMAD is great brand. Hope the restaurant and bar is great.

2
Bruno
2 months ago

1. You are conflating people with property. The real estate, once built, does not move. Property taxes are assessed on property. On commercial property, property taxes are taxed as a % of its value.

0
Someonethatknows
2 months ago

Anonimo, agree with the assertion that short term inventory that attracts a short term visitor is doing little to build a community or form a lasting relationship with a local business. Where I disagree is in economic benefit to the immediate area/business. Visitors blow far more money on restaurants/bars/ and retail stores than permanent residents especially when those visitors are constantly rotating with new travelers coming to the area every few days ready to spend their vacation money.

0
Anonimo
2 months ago

I agree in the sense of luxury goods and services like fine-dining but what we don’t appreciate is that the economic potential of a long term resident is exponentially higher since they provide jobs for every level of our economy and for substantially longer. A short term renter is not likely to need a dentist, or a skilled tailor, or a tech repair, etc. and they won’t be offering their own skills and expertise in our local economy which could provide jobs and even create businesses in the long term. Focusing on short term residents has a grave consequence in making our community less attractive to long term residents who will be priced out.

0
Anon
2 months ago

Owners don’t want flexibility as much as they want a stable thriving community where people don’t litter and the streets are clean and safe.

2
Anon
2 months ago

They will be converted to condos or long term rentals.

2
Bruno
2 months ago

They are condos, as a form of ownership. Often people use condo and apartment interchangeablably, which is fine, but they are already condominiums in the legal sense and do not need to be convertrd.

3
Anonymous
2 months ago

Won’t happen. Many of us have investments in airbnb properties and that trend is accelerating in South Florida.

-6
Anon
2 months ago

Yes and I’m sure AirBnB owners in New York said the same thing.

6
Anonymous
2 months ago

Right, but the local government here is more investment friendly. South Florida will always be a good place to park your money and watch it grow.

-5
Anon
2 months ago

This type of mindset prevents Miami from being a “real city.” This is a place people want to make their lives – not just invest from afar.

10
Anonimo
2 months ago

Exactly, and it’s not like condos and apartments aren’t also great investments in South Florida.

-1
Anonymous
2 months ago

It can be both. I live here and invest here and I know many others that do as well.

0
Anon
2 months ago

“always”…lol year 2008 enters that chat

1
Anonymous
2 months ago

Get these Airbnb folks out of our state

0
Anonymous
2 months ago

What investments do you have instead? Please do tell.

0
Anonymous
2 months ago

…and now NYC is filling hotels with illegal goblins instead of sending them home, go figure.

2
Bruno
2 months ago

AirBnB is a platform. Rental apartments without length of stay restrictions have existed long before airbnb.com ever existed and will exsist should AirBnB go bankrupt.

Luxury apartments, such as the ones referred to here, can be functionally similar to a traditional hotel, a serviced apartment, or a traditional apartment. The owner has the freedom to choose.

1
Anonymous
2 months ago

Bruno works for or is paid for by AirBNB

3
Anonymous
2 months ago

Bruno/Sven/Whoever is a hoar for developers

-1
Anon
2 months ago

I read where avg AirBnb rates are down 20% frrom a year ago and the number of units available is up 5%. AirBnb has gotten oversaturated and some investors will drop out.

1
Azarius
2 months ago

I love how these beautiful buildings are being built so quickly

3
Anonymous
2 months ago

North of Madison looks so nice!

2
Anonymous
2 months ago

Been waiting on this one for a while. A development on this lot will really help bring the neighborhood together. Thanks, Related!

2
30kmillionMIA
2 months ago

Tua as in the QB? 😏 🏈

1
Anonymous
2 months ago

A rare beaut recently from Arquitectonica!

1
calivalle
2 months ago

love this project

1
Anonymous
2 months ago

Looks like a parking garage like all the new buildings in Wynwood, but nicer than most the old structures there

1