Construction is officially underway for the NoMad Residences Wynwood, a nine-story building offering 329 condos. The condos, which are expected to be completed by 2025, start at a price point of $600,000 for a studio, and they come fully furnished.
On October 10, 2023, the Wynwood Design Review Committee will assess a waiver request for a 12-story mixed-use development at 18 Northwest 23rd Street. Designed by Arquitectonica with interiors by MKDA and developed by Alchemy-ABR-BCP Wynwood LLC (an affiliate of New York-based Alchemy-ABR Investment Partners), this structure will rise 178 feet, comprising 291,767 square feet. This space includes 158,309 square feet for residential purposes, distributed among 178 rental units, 12,852 square feet for indoor and outdoor amenities, 13,520 square feet for ground-floor retail, and 167 parking spaces. The project’s genesis traces back to Alchemy Properties’ acquisition of the 34,200-square-foot parking lot from The Salvation Army for $18 million in October 2022.
Miami-based real estate development company Related Group (Related) and Manhattan-based developer Tricap broke ground on NoMad Residences Wynwood, the first residential concept from boutique hotel brand NoMad Hotels and its parent company, Sydell Group. Located at 2700 Northwest 2nd Avenue, just steps from Miami’s world-famous Wynwood Walls, the nine-story condominium tower boasts an eclectic, modern design by South Florida-based Arquitectonica and interiors by the renowned DesignAgency. Beauchamp Construction is the general contractor, Johnson, Avedano, Lopez, Rodriguez & Walewski Engineering Group, Inc. is the MEP Engineer, and Naturalficial is the landscape architect. With over 75% of its homes now in contract and vertical construction imminent, NoMad Residences Wynwood is expected to reach completion in 2025.
Highland Park Miami. A billion-dollar proposal slated for Miami-Dade County. Our sources indicate that if approved, the venture could offer 1,000 residential units, along with 150 hotel rooms and half-a-million square feet of medical office space.
Developers are working on the Gale Hotel & Residences. The venture, occupying seven of the 51 floors, will offer 240 luxury condos: 160 for short-term rentals and the remaining 80 as hotel/apartment units.
