Rockpoint

Developers Break Ground On WNWD21 At 2150 N. Miami Avenue In Wynwood, Miami

Miami-based real estate developer Related Group and private equity firm Rockpoint have broken ground on WNWD21, a new 12-story, two-towered mixed-use development consisting of 304 apartments, over 18,000 square feet of retail, 63,000 square feet of office space, and 7-level parking garage for over 500 vehicles. Located in the heart of the Wynwood at 2150 North Miami Avenue, the project is designed by Cohen Freedman Encinosa & Associates with interior design from ID & Design International (iddi Design). Beauchamp Construction Company is spearheading the construction, with completion expected for the third quarter of 2024.

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Mast Capital Purchases Prime 2.8-Acre Development Site In Brickell To Build Three Luxury Mixed-Use Towers

Miami-based developer Mast Capital has acquired the 2.8-acre vacant development site addressed as 1420 South Miami Avenue for $103 million from Rega Center Miami Holdings. The site is located on the southern edge of the Brickell Central Business District and represents one of the last remaining raw parcels of land available zoned for rapid transit-oriented high-density development in the area. The developer submitted site plans for a massive master-planned project yielding 2.6 million square feet across three soaring towers, including an 80-story luxury condominium tower with 400 residences, and two multifamily towers of 50 and 60 stories with a combined total of 850 luxury apartments. Mast Capital partnered with private equity real estate firm Rockpoint for the acquisition, the third joint venture between the two firms this year.

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