Wynwood’s RC Cola Plant to Undergo $20M+ Redevelopment Led by Moishe ManaMay 13, 2023
Moishe Mana, the real estate developer, is set to revamp the former RC Cola Plant in Wynwood with a $20 million-plus redevelopment plan. The Mana Wynwood @ RC Cola project will repurpose the site to create a community space that celebrates the area’s cultural heritage. The renovation will feature an indoor food hall with nine food and beverage tenants, a 100-foot bar, an outdoor food truck space, a beer garden, retail, and event space, and 10,000 square feet of parks and gardens. In addition, the development will preserve the site’s murals and only two small buildings will be demolished to allow for a loading area, as per city requirements.
Moishe Mana purchased the 2.7-acre RC Cola Plant in 2010 for $2.1 million and has since operated it as a concert venue. The Mana Wynwood @ RC Cola project will continue hosting outdoor events, including concerts, and featuring 10,000 square feet of indoor seating and stage space. The developer’s company, Mana Common, has shortlisted 20 potential tenants for the retail spaces. The main entrance will feature a graffitied sculpture of a subway car that pays homage to the area’s original tagging community.
Construction is expected to commence soon and is slated for completion by December of next year. The project is financed by Moishe Mana, who declined to disclose how he is financing Mana Wynwood @ RC Cola. The RC Cola Plant, separate from Mana’s Wynwood properties, obtained a unique area plan (SAP) designation from the city in 2016. Mana Common plans to reveal more details and specifics for the SAP properties in the future.
Moishe Mana has made significant investments in Miami real estate, spending around half a billion dollars on properties near Flagler Street. His portfolio covers 1.3 million square feet across approximately 70 buildings.