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95 Northwest 29th Street Wynwood

Cashflow In Miami
March 20, 2023

95 Northwest 29th Street Wynwood

Million sqaure feet plaza coming to Wynwood!

L&L Holding Company, Oak Row Equities, project partner Shorenstein Properties, and co-investor Claure Group have broken ground on The Wynwood Plaza, a 1-million-square-foot mixed-use campus at 95 Northwest 29th Street in Miami’s famed Wynwood Arts District. This milestone came after securing $215 million in construction financing from Bank OZK for this dynamic project, designed by the renowned architecture firm Gensler.

The Wynwood Plaza will comprise a residential building with 509 rental apartments, a range of indoor and outdoor dining and shopping choices, and a well-equipped office tower. The development’s centerpiece will be a half-acre public plaza with rich greenery, the largest in the Wynwood Arts District and one of the largest in Miami. It will be designed by James Corner Field Operations, the landscape architecture and urban design firm behind Miami’s Underline and New York City’s High Line. It will feature a pedestrian paseo with tall palm trees and diverse local flora.

The 12-story office tower has already pre-leased two of its floors. Across the second floor, the nationwide acclaimed law firm, Weitz & Luxenberg, will establish its first Miami office with an area of 18,000 square feet. The eighth floor, covering 25,400 square feet, will house the headquarters of the distinguished investment firm, Claure Group, led by Marcelo Claure.

The rental apartments at The Wynwood Plaza will feature floor-to-ceiling windows, state-of-the-art appliances, exceptional finishes, and flexible layouts. A comprehensive amenity package will include four activated rooftops with a sports court, two outdoor pools with showers, a sauna, hot tub, and cold plunge pool, and a glass atrium with co-working spaces, private phone rooms, and a game lounge. Additionally, residents will have access to a modern fitness center with state-of-the-art equipment and dedicated areas for yoga and other exercise classes.

The Wynwood Plaza will include 32,000 square feet of retail space, including 6,600 square feet of outdoor dining. An eclectic mix of lifestyle boutiques, curated storefronts, convenient locations, and fast casual spots are envisioned for the campus, situated on a main pedestrian thoroughfare with full glass storefronts and impactful exterior signage.

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