Wynwood’s Former Coca Cola Property Sold, New Development To Be Unveiled Soon

A joint venture between Related Group, Alex Karakhanian, and Tricera Capital purchased a development property in Wynwood that once housed a Coca Cola plant.

The buyers can up to 12 stories, with 310 units and over 650,000 square feet. Development plans will be revealed later next year.

Wynwood Plant, a 12-story mixed-use project, was designed for the property by the previous owner, Thor Equities, but has now been cancelled.

According to architect Touzet Studios, the industrial design of Wynwood Plant was inspired by the former factory on the site. In renderings, there appear to be rooftop tanks.

The proposal included 306 small apartments. There would also have been 88,000 square feet of commercial and hotel space, and four stories of parking with 705 spaces, including one level of underground parking.

The 2-acre site is at 252, 268 and 286 Northwest 29th Street and 2801 Northwest Third Avenue. The buyers paid $32 million.

 

 

 

 

 

Former plans for the property, now cancelled:

 

43 Comments
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Anonymous
11 months ago

I guarantee Related Group will scale down this project and make it look like total sh*t.

marc
11 months ago

Too true.

Anonymous
11 months ago

And they did…??

Anonymous
11 months ago

I second that! Its related. That’s what they do. Propose something beautiful and then slowly trim away until it’s basic as fck!

Anonymous
11 months ago

Looks really nice unfortunately to nice for Miami! We all know how this works… Make the renders as nice as possible to get all the approvals then dumb it down to build cheap as possible and sell high as possible!

suomynona
11 months ago

If you’re saying a project with no renderings looks nice, I can only assume you didn’t read the article.

Anonymous
11 months ago

>700 parking spots.
LOL, nice knowing you.

transplant
11 months ago

Can we keep Related out of Wynwood?

Wishful thinking but as mentioned, beautiful design and concept that will be scrapped for a generic Related project.

Anonymous
11 months ago

Have you ever stepped foot inside an apartment at Related’s Apogee on South Beach?
Judging by the quality of your thoughts as you post, my guess is no. No. Dont have any friends in that Related project…have never done anything in your life to command an economic value enough to get an invite from anyone who lives in that Related project.

Related has made significant accomplishments in Miami. I am grateful for their presence. Hold back the negative comments unless you can do better.

Anonymous
11 months ago

wow… Related did ONE decent project. Woo Hoo !!! Aver been in their other crappy quality shite ? Probably not. All your friends own boats and can afford $3,000 rent for a 2 bedroom

Anonymous
11 months ago

$3K for a 2-bed’s not bad at all….

Anonymous
11 months ago

Nice!

marc
11 months ago

Love this crazy design.

Anonymous
11 months ago

I really like this project, hope they keep it.

Duh!
11 months ago

Comparing Little River to Wynwood is like comparing Gucci to Old Navy.

Dr. Brown
11 months ago

I wonder whether RETNA knows his work is reproduced in this rendering

CDD
11 months ago

Dream on!

A City Guy
11 months ago

Wow! Look at all the negativity in these posts! Seemingly not ONE read the article! And >> about the parking >> Wynnwood and it’s $$ are as a ‘destination’. >> meaning that people have to get there! The building-out of the property will take 24-months. Any mass transit (Metromover) will take a decade or more. >> Miami, just like most all major US cities, must accommodate cars as transportation! It’s brainless to think otherwise!!!!!!!

Go north
11 months ago

There are better deals in Little River.

Anonymous
11 months ago

Super cool building! LOVE IT! Completely different… so tired of the same tall glass box. This will be a phenomenal addition to Wynwood.

Anonymous
11 months ago

Similar feel to the pearl in San Antonio. Looks different, hopefully it gets done without so much value engineering, but that’s unlikely

Anonymous
11 months ago

i wish they would incorporate the older building in the design of the new one.

suomynona
11 months ago

I’m not sure that building exists today.

Anonymous
11 months ago

Of course, whoever is buying it will proposed some Arquitectonica, Kobi Krap, or Stantec monstrosity of clustered windows and balconies and giant parking garage covered by an ugly excuse of a mural.

Shawn Kouri
11 months ago

Can the top floor units be penthouses?

Anonymous
11 months ago

Does anyone know if the Metromover will ever be extended to Wynwood?

Anonymous
11 months ago

Love to see it extended to 29th Street

Anonymous
11 months ago

Yes, there are plans to extend the metromover north to 40 street via N Miami Ave.

Anonymous
11 months ago

Plans or pipe dreams?

Anonymous
11 months ago

SOOOOOOOOOOOO thrilled

Anonymous
11 months ago

So why do they need so many parking levels? I think Wynwood should be all about walkability

suomynona
11 months ago

Ideally Wynwood is going to remove much of the street parking to allow for wider, more pedestrian friendly sidewalks, as well “cleaner” looking streets.

A mass transit stop (OR MORE) would be great, but I think parking garages make sense to absorb the ever-increasing density in Wynwood and the eventual removal of much of the current on-street parking.

Anonymous
11 months ago

Yes. City approved the expansion.

Anonymous
11 months ago

The city also approved another FPL gimmick project at Bayfront Park, with shore power. True story.

Anonymous
11 months ago

Hope they keep this design….. nice and different for the area !!!

Anonymous
11 months ago

So glad this mixed_use project getting done.. very attractive.. will bring more residents into Wynwood.

Anonymous
11 months ago

did you read the article?? This isn’t final. Related just bought the land.

Anonymous
11 months ago

No confirmation

Anonymous
11 months ago

Love the industrial design minus the water tanks. Those are synonymous with NYC not Miami. Moreover, why should we copy instead of innovate?

Anonymous
11 months ago

What would be “Miami”?

Anonymous
11 months ago

50 levels of parking.

Anonymous
11 months ago

I agree and I don’t know how they arrived at the inspiration to put ugly water tanks on the roof from the original building…

Anonymous
11 months ago

Looks Orlando-ish…