Metro 1

FAA Building Permits Filed For 294-Foot-Tall Building On Parcel 11 In Magic City Innovation District

8:00 am on May 21, 2022 By Oscar Nunez

The Federal Aviation Administration (FAA) received building permit applications for a 294-foot-tall building to be constructed in the emerging Magic City Innovation District. Coordinates listed in the filings align with a 25-story residential tower at 6001 Northeast 2nd Avenue designed by Arquitectonica that was unanimously approved by Miami’s Urban Development Review Board (UDRB) back in November 2021. Parcel 11, the current naming scheme for the project, is proposed to bring 522,806 square feet of space including 349 luxury residential units, 13,010 square feet of retail space, and an adjacent connected parking and amenities structure with 393 vehicle spaces. The developer is MCD Miami LLC, a joint venture partnership between real estate developer Plaza Equity Partners, brokerage firm Metro 1, and investment firms Luna Rouge and Dragon Global.

JLL Tapped To Lease Creative Office Space At The Reimagined Wyncatcher Building In Wynwood, Miami

8:00 am on March 2, 2022 By Oscar Nunez

Chicago-based global real estate company JLL has been selected to lease the office space at Wyncatcher, a 2-story boutique mixed-use property comprised of 47,852 square feet located at 2413 Northwest 1st Avenue in Miami’s Wynwood Arts District. Formerly an industrial building, the stand-alone property is has been fully converted by its owner, Morabito Properties, for office and restaurant use and features a rooftop terrace with striking views of the evolving Wynwood neighborhood. Known for its modern luxury properties designed by the world’s finest architects, artisans, and craftsmen, Wyncatcher is the developer’s first mixed-use development in Wynwood.

Related Group And Metro1 Secure $73 Million Construction Financing From Cerberus For 248-Unit Wynwood 29 Mixed-Use Development

8:00 am on July 15, 2021 By Oscar Nunez

The Related Group and Miami-based real estate firm Metro1 have secured $72.8 million in construction financing from New York City’s Cerberus Capital Management to develop an upcoming mixed-use project dubbed Wynwood 29, a two-building development of 8 and 12 stories planned to yield a combined 248 dwelling units accompanied by 26,651 square feet of retail space and 372 parking spaces. The subject properties are addressed as 2828 Northwest 1st Avenue and 2819 Northwest 1st Avenue, encompassing two parcels of land between Northwest 28th and 29th Streets in the heart of the Wynwood Arts District in Miami. Arquitectonica is credited as the design architect for the development.

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