Developers L&L Holding Company and Carpe Real Estate Partners have announced they have completed the acquisition of a three-acre assemblage in Wynwood and they will soon break ground.
Groundbreaking for The Wynwood Plaza is now scheduled for early 2022, the developers said in a press release.
The project will become a Wynwood destination with over 1 million square feet of office, residential and retail, they said.
The Wynwood Plaza will include:
266,000 square feet of office space
509 rental apartments
Indoor and outdoor dining and shopping
Landscaped 25,000 square-foot outdoor public plaza
Parking garage with 668 car spaces and 954 bike spaces
“This project is already generating a tremendous level of excitement. A number of the world’s most creative companies have already expressed strong interest in establishing Miami offices here,” said Erik Rutter, Managing Partner at Carpe Real Estate Partners.
Carpe is the developer that built the recently completed Oasis in Wynwood, which includes offices for Spotify.
The city approval process is now in the final stages, with construction to begin thereafter. Opening is scheduled for 2024.