Months after Wynwood was rezoned, New York developer East End Capital has submitted plans for a mixed-use project called Wynwood 25.
The project will include 289 rental units and 31,000 square feet of retail.
If approved, groundbreaking is expected in the first quarter of 2017. Kobi Karp is the architect.
East End Capital Submits Plans for New Mixed-use Project in Wynwood
Wynwood 25 to Bring 289 Rental Units to the Neighborhood
MIAMI – (July 7, 2016) – East End Capital has filed plans with the City of Miami for a new mixed-use development located in the heart of Wynwood. Named Wynwood 25, the project will bring 289 rental apartments to the area, adding new residential living options to one of Miami’s most creative and artistic neighborhoods. Situated at the ideal “main-and-main” location between NW 24th and 25th Streets immediately west of NW 2nd Avenue, the 400,000 square-foot project will also include 31,000 square feet of ground floor retail space and 340 parking spaces. After going through a City administrative review, plans for Wynwood 25 will go before the Wynwood Design Review Board and the City’s Urban Design Review Board, with an estimated groundbreaking in the first quarter of 2017.
The property features highly efficient, cost-conscious apartments. It is expected that eighty percent of the units will rent for under $2,000 per month. The apartments, which will be predominantly studios and one bedrooms, will all feature 10′ ceilings, luxurious kitchens and bathrooms, and full-sized washer/dryers. The development was designed for Miami’s creative class – millennial, knowledge-based workers, who recognize Wywnood’s existing values and are seeking highly amenitized living environments within vibrant, walkable neighborhoods.
“Wynwood is known for its cutting-edge art, world-class restaurants, creative office and hip retailers,” said Jonathon Yormak, managing principal of East End Capital. “Wynwood 25 marks the neighborhood’s next phase – an architecturally significant building that brings reasonably-priced rental housing to people who appreciate Wynwood’s unique character and want to be a part of the community.”
Resident amenities will include a large state-of-the-art fitness center with yoga studio, collaborative work-from-home spaces, a coffee lounge opening to the building’s 12,000 square foot green courtyard, bike storage, package storage, and dog wash facilities. It will also feature a landscaped roof terrace that includes a pool, spa, barbeque, outdoor and covered work areas, and green areas from which to take in the best views in Wynwood. Vast amounts of art programming will be integrated into the building exterior, the paseo and the building interiors, creating a distinctive living experience.
The Kobi Karp-designed façade incorporates a sophisticated industrial motif, recalling Wynwood’s history. The building is anchored by a woonerf-inspired paseo, connecting 24th and 25th Streets. The paseo will serve to break Wynwood’s long east-west blocks, offering pedestrians a better experience and reinforcing the exploratory nature of the community. The paseo will also incorporate a series of interactive art and landscape moments. Kobi Karp utilized the neighborhood context to inspire the design noting, “The skin of the building is a reflection of the evolving and forward-thinking artistic and industrial DNA of the Wynwood Arts District.”
As one of Wynwood’s largest property owners, East End Capital is committed to preserving and enhancing Wynwood’s artistic and creative community. In addition to this project, East End Capital has recently completed the Wynwood Arcade at 50 NW 24th St, which is decorated with murals by Tristan Eaton and houses The Salty Donut, Bonobos, a new culinary and craft cocktail experience from Chef Norman Van Aken, and other local boutiques.