Miami-Dade County



Renderings Revealed For 8-Story Mixed-Use Building Designed By Arquitectonica At 2700 NW 2nd Avenue In Wynwood, Miami

Renderings have been revealed for a newly proposed development at 2700 Northwest 2nd Avenue in Wynwood, Miami. PRH G40 Property Owner, LLC, a joint venture between Related Group, Tristar Capital, LNDMRK Development and Tricera Capital, has filed plans for an 8-story mixed-use building with the Wynwood Design Review Committee to be reviewed on April 12, 2022. The proposed plans include a 95-foot-tall, 363,363-square-foot structure containing 329 dwelling units, 18,452 square feet of commercial space and 206 parking spaces with 24 bicycle rack spaces. The architect is leading global design firm Arquitectonica with Coral Gables-based Naturalficial as the landscape architect.

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Naftali Group Closes On 1.3-Million-Square-Foot Miami Worldcenter Site With Plans to Build Two Supertall Residential Skyscrapers

New York-based developer, Naftali Group, a leading privately held global real estate development and investment firm, recently announced it has closed on a development site allowing 1.3 million square feet of new construction at 1016 Northeast Second Avenue in Miami Worldcenter, which spans 27 acres near Downtown Miami and is the second largest active private development in the United States with $4 billion in total investments. Naftali, in partnership with Cara Real Estate Management, purchased the site for $40.5 million. Mika Mattingly, Executive Managing Director at Colliers’ Urban Core Division, represented both Naftali, and Akara Partners, the seller, in the off-market transaction. According to a press release, the developer is planning to construct two supertall residential towers, which would be the first for Miami Worldcenter. Pre-sales for 1016 Northeast Second Avenue are slated for the end of this year.

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