Developer CIM Group said today that they have commenced construction at Wynwood Square, a major mixed-use project.
The project spans a full city block at 2201 N Miami Avenue, with the project site totaling 1.78 acres.
Wynwood Square will include 27,000 square feet of retail and studio space at street level. Above that will be three office floors extending across the full block, with a total of approximately 60,000 square feet of office space.
Two eight-story towers will have 257 apartment units, set above amenity space and a garage with 480 parking spaces.
The retail, office, and apartments feature floor-to-ceiling windows
CIM acquired the site in October 2018 with approved plans, and partnered with One Real Estate Investment as a co-developer. The developers obtained a $71.2 million construction loan in April.
CIM is also an owner and co-developer at Miami Worldcenter, and developed the 43-story Caoba Miami Worldcenter tower which was completed in January.
Completion of Wynwood Square is expected in mid-2021.