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:

 

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Anonymous

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

marc

Too true.

Anonymous

And they did…😂😓

Anonymous

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

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

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

Anonymous

>700 parking spots.
LOL, nice knowing you.

transplant

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

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

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

$3K for a 2-bed’s not bad at all….

Anonymous

Nice!

marc

Love this crazy design.

Anonymous

I really like this project, hope they keep it.

Duh!

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

Dr. Brown

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

CDD

Dream on!

A City Guy

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

There are better deals in Little River.

Anonymous

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

Anonymous

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

Anonymous

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

suomynona

I’m not sure that building exists today.

Anonymous

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

Can the top floor units be penthouses?

Anonymous

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

Anonymous

Love to see it extended to 29th Street

Anonymous

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

Anonymous

Plans or pipe dreams?

Anonymous

SOOOOOOOOOOOO thrilled

Anonymous

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

suomynona

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

Yes. City approved the expansion.

Anonymous

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

Anonymous

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

Anonymous

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

Anonymous

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

Anonymous

No confirmation

Anonymous

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

Anonymous

What would be “Miami”?

Anonymous

50 levels of parking.

Anonymous

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

Looks Orlando-ish…