Wynwood Celebrates this Cycle's First New Condo Project Completion
by Sep Niakan | November 03, 2015
The Wynwood story continues. The neighborhood now sees the completion of the first of a new line of Wynwood condo towers since this South Florida real estate cycle began in 2011.
Wynwood 250 LLC developed the project with David Polinsky and Bradley Carlson in hopes of renovating Wynwood and further popularizing the area. The six-story building with only 11 residential units is located on the 200 block of Northwest 24th Street in the Biscayne Boulevard Corridor in Greater Downtown Miami. So far, two units have been purchased, totaling $1.8 million at an average of around $535 per square-foot.
250 Wynwood is just one of the area's 71 new condo projects during this real estate cycle. Over 21,400 local units have been announced in Greater Downtown Miami and many of them are already completed. In other neighborhoods, eight condo buildings are finished, totaling over 1,900 units. With an additional 22 towers under construction, we're waiting on about 6,200 more units.
Photo credit: 250wynwood.com
by Sep Niakan | September 27, 2016
Claro Development’s latest at 10 SW 8th Street is going to be a tall order, literally! Fresh-approved by the FAA, the Brickell Market Place is set to rise up to 954 feet above ground, or 960 feet above sea level. Approved after a seven-month...
by Sep Niakan | September 26, 2016
Come year-end, Miami’s Edgewater neighborhood will be home to one of Best Western International’s first boutique hotel brand offerings - Vib. Best Western’s chosen only 20 key urban markets (including Miami) across North America to...
by Sep Niakan | September 23, 2016
The Berkowitz Development Group, describes SkyRise as their “abstract version of the Statue of Liberty”. Approved in 2014, this R-shaped structure is being built in tandem with the revitalization of Bayside Marketplace. The tower will be...