31-51 NW 29 st Wynwood
A boutique hotel is slated to open at mixed-use project that will be built in Miami's Wynwood Arts District.
The 125-room hotel is planned at 31-51 N.W. 29 St. and being developed by Triumph Wynwood, a joint venture between Alex Karakhanian of LNDMRK Development and Wynwood Investment Partners, a private New York investment group. The entire project will span more than 300,000 square feet and include 60,000 square feet of Class A office space and 20,000 square feet of ground-level retail.
Hotel is expected to have a rooftop bar, a restaurant, a gym, a pool, a spa and outdoor terraces.The off market deal came up over dinner in Houston's in North Miami Beach and $7 million was paid for the property.
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