Miami’s Wynwood Neighborhood Goes Multifamily
Two iconic Wynwood buildings will close in 2019 to open space to a new project, the Wynwood Green, a 189-unit apartment rental building with approximately 17,000 square feet of retail/commercial space and 324 parking spaces.
O Cinema and the Wynwood Yard, a nonprofit movie theater and an art space, will be permanently closing their doors in spring of 2019.
The new project will encompass eight parcels of land, a total of 1.26 acres. Lennar Multifamily Communities, a division of Lennar Corp., is responsible for the project located at NW 29th Street, between NW First and North Miami Avenues. This would mark Lennar’s first apartment building within City of Miami limits.
“The fact that the largest homebuilder in the country wants to build its first City of Miami multifamily project in Wynwood is a testament to the demand for residential living options in the neighborhood,” said Manny Gonzalez, executive director of the Wynwood Business Improvement District to the Herald. “The addition of this project will help make Wynwood a place where the many people who work and enjoy the neighborhood daily will also soon be able to call it home.”
With all the scheduled projects coming to the neighborhood, a few are worried that Wynwood is losing its hipster characteristic.
Della Heiman, co-founder, and CEO of Wynwood Yard, and the co-founder, Ken Lyon, are moving forward with the plans to open a similar space, to be called the North Beach Yard in the fall of 2019 on a lot at 81st Street and Collins Avenue owned by the City of Miami Beach.
“Built for our community, as a reflection of our community, The Wynwood Yard was created to support local entrepreneurs, celebrate Miami’s vibrant culture, and foster tolerance and diversity,” she Heiman. “We truly don’t have the words to express our gratitude to the 200+ entrepreneurs, hundreds of partner organizations, and thousands of intensely loyal guests who’ve made The Yard their second home.”