Mana’s Unexpected Revision To Wynwood Plan Could Mean Loss Of $30M In Public Benefits

Wynwood Business Improvement District’s is concerned about unexpected eleventh-hour changes to the plan for the Mana Wynwood project, which they say could result in the loss of up to $30 million worth of public benefits.

Wynwood Business Improvement District (BID) Holds Special Board Meeting to Address Latest Zika Advisory and Attempt by Developer Moishe Mana to Deprive Wynwood of Millions of Dollars in Public Benefits

Dr. Lillian Rivera of Florida Department of Health to Address State’s Zika Response

Wynwood Community Dismayed that Developer Moishe Mana has Reneged on his Commitment to the Neighborhood

WHAT: The Board of the Wynwood Business Improvement District (BID) will host a special board meeting in which Dr. Lillian Rivera of the Florida Department of Health will discuss the latest advisory regarding Zika cases and how the government is addressing the issue in Wynwood.

The Wynwood BID will also seek answers from representatives of real estate developer Moishe Mana’s eleventh-hour changes to his Special Area Plan (“SAP”) proposal for a major Wynwood development project that may result in the neighborhood losing out on close to $30 million in public benefits, including more than $7 million in previously-agreed-to funds for the greater Wynwood area. These last-minute changes come after a year of negotiations with the Wynwood BID and at a time when the neighborhood is suffering significantly due to Zika-related issues.

WHO: Wynwood Business Improvement District (BID) Board
Dr. Lillian Rivera, Florida Department of Health, Miami-Dade Office
Representatives, Mana Wynwood project

WHEN: Wednesday, August 24, 2016
2:00 p.m.

WHERE: Wynwood BID Offices
310 Northwest 26th Street, Suite 1
Miami, FL 33127

19 Comments
most voted
newest oldest
Inline Feedbacks
View all comments
Anonymous
5 years ago

I probably jumping to conclusion….but Mana screams like the type of developer who is all talk no shovel. He is just assembling land to piecemeal sell it……get robbins, perez, pmg, and Melo to come in and actually build something, atleast we know that they will actually design a vision and hit the ground running…unlike this wannabe.

Mike04
5 years ago

He is a land banker. He holds and usually never develops anything.

Mana is a fraud
5 years ago

The 11th hour change is that this glorified speculator is finding another excuse to do nothing with this piece of land. Just like the rest of his holdings. Maybe next year we’ll get another render.

invasive species
5 years ago

it’s about time people get wise to what this guy does. which is really nothing.. he siphons cash from his moving companies into real estate. puts very little money into his properties. makes a small return by renting to temporary transient users. and then waits til the land value rises and sells for land value. creates zero community value.

suomynona
5 years ago

So he’s an investor and his commodity is land? When did that become illegal? Most of you need to quit whining.

invasive species
5 years ago

nothing illegal is happening. but when mana claims to market himself as a gamechanger and a placemaker and then doesnt follow through, what good does he do for the city of miami? hes just paying high prices and creating a vacuum. other locals could be building nice projects in the places where he’s buying… instead these properties will be sitting vacant for 5-10 years… a waste.

Anonymous
5 years ago

Well, what’s the 11th hour change?

Gables
5 years ago

I just read in the Miami Herald that the 11th hour change is to remove up to 75% of the public plazas and replace them with additional parking.

Anonymous
5 years ago

I think that was sarcasm, but then again this is Miami.. so may be true…

marc
5 years ago

lol

Ao
5 years ago

Totally thought this was serious.

It would be nice for an article like this to actually find out what the differences are.

Youngish Bull
5 years ago

MANA IS A PUNK.. HE HIS ALL TALK!!

Anonymous
5 years ago

All this projects will remain on paper or it will take another 10 years …..the market is saturated …..

Anonymous
5 years ago

Don’t even build this POS. Leave Wynwood alone.

Anonymous
5 years ago

I wonder if it’s money laundering?

SoDoSoPa
5 years ago

“The Lofts at SoDoSoPa”

Bait and switch
5 years ago

“Bait and Switch”? Mana’s staffers changed the terms of previously agreed upon terms stated Wynwood BID Board Members. See Al Crespo’s report.

Anonymous
5 years ago

pure speculation……and hurt prices for real developers