The Related Group and Block Capital Group have submitted plans for a mixed-use apartment project in Wynwood.
Wynwood 26, at 51 Northwest 26th Street, joins a handful of new proposals aimed at adding new Wynwood residents. As planned, the development will have 174 apartments, a patio, on the rooftops, Paseo and murals. This is the first in Wynwood for the Related Group.
Arquitectonica is designing the five-story building. Apartments will have Juliet balconies, which means the balcony doors open to a railing, as in “Romeo and Juliet.” The project site is 1.2 contiguous acres on 26th and 27th streets.
The zoning requires 254 parking spaces, but the developer, Wynwood Street 26 Owner LLC, is requesting an exemption that would allow for 75 fewer spaces, bringing the total number of 179 spaces in the mezzanine, according to the following Miami. Thor Equities is also requesting a parking reduction through the waiver of its Wynwood project.
While the neighborhood has been transformed in recent years, a wave of planned housing developments will promote that transformation. In the last month, Thor, East End of capital and capital have RedSky all projects with apartments and commercial premises proposed.
Block Capital Group, an active investor in Wynwood, is a joint venture between the family and Miculitzki Cabi Developers. Related bought a 50 percent stake in the development in December.
“We had our eye on Wynwood for a while and when Miculitzki told us about the property, we realized that the size and location would allow us to develop something special,” said Lissette Calderón, president of Related International and Strategic Projects. in a statement to TRD. “Our vision was influenced by other large neighborhoods like the Meatpacking District in New York and the Mission District in San Francisco.”
Urban Design Review Board of Miami will review Related and Block Capital plans at its next meeting on July 25 and will be presented to the Wynwood Design Review Committee.