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Wynwood
295 NW 27th Street in Wynwood
Two buildings located at 285 and 295 NW 27th Street in Wynwood have sold for $11 million, according to SFBJ.
The properties were built in 1947 and 1952 and were purchased by Block Capital Group. Retail and a restaurant are planned for the site.
In December 2015, Block Capital Group partnered with The Related Group on a purchase of a 52,500 square foot of land in another section of Wynwood.
264 Northeast 26th Street
David Edelstein of TriStar Capital and attorney William S. Weisman have purchased a building in Wynwood located at 264 Northeast 26th Street for $13 million, according to The Real Deal.
The building was built in 1950 and sits on a 10,000 square foot lot.
They buyers plan on renovating the building and bring it to character with the Wynwood vibe.
Proposed Wynwood Park Site
Properties located at 2600 NW 2nd Ave and 2660 NW 2nd Ave have sold for $53.5 million, according to The Miami Herald.
The seller was the Mitrani Family and the buyer an affiliate of ASG Equities. The purchase includes a lot size of 42,000 square feet where the buyers plan an building a two story retail space called Wynwood Park. Wynwood Park would encompass under an acre of green space that would also include the rooftop.
Wynwood Park will be designed by MKDA, with plans finalized in the next few weeks and construction completed in the next 18 - 24 months.
Update: Renderings of Wynwood Park revealed below via The Next Miami
2450 NW 5th Avenue
A building located at 2450 NW 5th Avenue has been purchased for $5.4 million by developer Moishe Mana, according to The Real Deal.
The building was built in 1955 and the lot size is 9,685 square foot. Mana owns more than 30 acres of land in Wynwood, including the Mana Wynwood Complex. The Complex would include a 24 story building and over 3,400 residential units.
Purchased Land in Red
Related Group has made its first purchase in Wynwood by partnering with Block Capital Group, according to The Real Deal.
Both Related Group and Block Capital Group each paid $5.25 million for 52,500 square feet of land between NW 26th Street and NW 27th Street.
Recent zoning changes allow for denser residential developments in Wynwood on 205 acres.
250 Wynwood
The first residential condo in Wynwood has been completed, which is located at 250 NW 24th Street.
The six story building with 11 residential units is completely sold out. The building topped off earlier this year in January.
Previous construction photos can be seen here.
2640 NW 5th Avenue in Wynwood
A 8,388 square foot building at 2640 NW 5th Avenue in Wynwood has sold for $5.46 million, according to The Real Deal.
The buyer is 5th Avenue Wynwood Partners LLC.
The building is located down the street from the 7 story live/work building 250 Wynwood.
