‘Pinnacle Of Cool’ Crowdfunded 225-Unit MOHAWK At Wynwood To Begin Construction In 2023

A developer has closed on the acquisition of property where it will build a 225-unit project called MOHAWK at Wynwood.

Rilea Group paid $22 million for the 1.5 acre development site in a deal that closed earlier this month.

It is the first development in Wynwood to be largely financed by crowdfunding, according to Rilea. The developers used RealtyMogul to raise $10 million and ended up surpassing their goal (they are currently at $12.5 million).

Rilea has agreed to allow RealtyMogul to source an additional $10 million in crowdfunding for construction next year.

MOHAWK at Wynwood will include:

  • 225 rental apartments
  • 22,000 square feet of ground floor retail
  • 3,500 square feet of private, for-rent offices

The project site is one block away to the north from the Trader Joe’s Midtown location and a block away to the south of the potential Wynwood Brightline Station.

Amenities will include a state-of-the-art gym with peloton bikes, a private park and dog park, kid’s playroom, rooftop pool and bar, and resident’s lounge.

Javier Barrera of Miami-based Deforma Studio is the architect.

According to the developer, the building’s architecture will draw inspiration from the industrial feel of New York’s SoHo and Meatpacking districts with an added Miami flair – combining exposed brick, steel and concrete with various murals on the building’s façade in true Wynwood fashion. Stylish interiors will feature original artwork from artists such as Jean Michel Basquiat and Marco Grassi as well as fine photography encapsulating the developer’s vision

“MOHAWK is the pinnacle of cool,” said Diego Ojeda, President of Rilea Group.

Demand for housing is now surging due to a continued mass migration of California and New York residents to Miami, Rilea said.

Other Rilea projects include JP Morgan Tower – 1450 Brickell, One Broadway the Sabadell Financial Center, and The Bond in Brickell.

Construction is planned to begin in 2023.

 

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Anonymous
1 month ago

Love the finishes, wish more apartments in Miami had this look versus the hyper modern/midcentury all white and linen look we usually get

NYC Transplant
1 month ago

Totally right. The stripped-down, all-white look is getting way overdone. Absolutely sterile.

Anonymous
1 month ago

Cool looking project, but if it is serious one there is no reason they have to wait till 2023. Smells like a flip.

Anonymous
1 month ago

Yeah its a flip and they’re new tenants in that building too

Anonymous
1 month ago

Very cool! Love the wood beam in the kitchen. Nice to see something different.

Anonymous
1 month ago

Stainless steel beam?

peej
1 month ago

Likely a steel beam or concrete column clad in reclaimed wood, but it still looks great!

Anonymous
1 month ago

seems like alot can happen between now and 2023…..

Anonymous
1 month ago

Don’t worry, Mana’s gonna build his sprawling development in Wynwood before 2023… oh, waitaminute….

Anonymous
1 month ago

Y’all keep talking shit, I’m going to buy more properties and do nothing for another 5 years. I’m a billionaire bitch. 💵

-Mana

Anonymous
1 month ago

Oh no, their going to tear down the Morgans house? 😭

Anonymous
1 month ago

*They’re, sorry

Anonymous
1 month ago

Morgans is nothing to cry over they’re average at best they do have good biscuits though!

Anonymous
1 month ago

More the house than Morgans itself.

Anonymous
1 month ago

Meanwhile, Historic Preservation is busy reviewing signs on the Miami Women’s Club and doors on some crappy motel… and Mana just tore down another historic building downtown.

Anonymous
1 month ago

Morgan’s is a good place to get breakfast / brunch without having to have a “Miami Brunch”

Shawn Kouri
1 month ago

Why so far out though?

Anonymous
1 month ago

amazing lumion Renders

Anonymous
1 month ago

2023 = flip

Marc
1 month ago

2023 and crowdfunding? Color me skeptical. Sounds like another Ricky Trinidad scammer. That guy bought up half of Little Havana and the West Grove, crowdfunded everything, and then went bankrupt screwing everyone over in the process.

Anonymous
1 month ago

Umm….never heard of Ricky Trinidad, but I have heard of Allen Ojeda. He built one of the nicest office buildings on Brickell.

1450 Brickell is an exception product. Rilea shouldn’t be mentioned in the same posts as some West Grove scammer.

With 2023 only 18 months away, it is NOT a long time to build 225 apartments with commercial space.

Anonymous
1 month ago

Expedite please! 2023 is too far away

Azarius
1 month ago

2023 This plot should demand something bigger and more luxurious being the end of mid town, direct views to downtown mid skyline. 2023 Wynwood would be built out except for Mana properties.

Anonymous
1 month ago

is this for the impending flood of tech bros??? or a flip to the next set of foreign investors??

Anonymous
1 month ago

“Pinnacle of cool?” What is that, another B.S. buzzword like “game changer?” If it happens, hopefully the “pinnacle of ugly” color scheme of random black and white is made consistent.

Anonymous ;-)
1 month ago

Hyperbole requires constant innovation. 😉

Anonymous
1 month ago

“Hyperbole requires constant innovation” True.
And Re-imagining.
And Atelliering
And Bespoking
And ….

Anonymous
1 month ago

As for me….I like the building.

Anonymous
1 month ago

It’s not in Wynwood.

It’s not in Midtown.

It is near the train line.