Feeds:
Posts
Comments

Posts Tagged ‘250 Wynwood’

Wynwood Paradise

I first started going to Wynwood back in 2006, when I was involved in participating in a couple of committees at MOCA, The Museum of Contemporary Art North Miami, which had a second exhibition space , “Moca at the Goldman Warehouse ”  (  now the space for The Miami Light Project ) for a few years. No one around me would dare driving West of Biscayne Boulevard, North of Downtown Miami.

Then, some of the storage and distribution warehouses turned into art galleries and the Second Saturdays Wynwood Artwalks promoted the area, first to the local artists and their friends as well as to art lovers, then to the food trucks and to families looking for something cool to do one evening a month. After seven years, the area has become much more popular, a sort of Shoreditch ( London ) or MeatPacking District ( New York ) in the making, welcoming working spaces for start-ups, thick beard tech guys walking around, cafes, restaurants and shops such as Ducati and soon to open Nespresso Cafe. Bringing more life and shops to Wynwood is great except that as new brands are coming in and rents/sales prices are soaring, a new type of animal wants a piece of the cake and be part of this area:condominiums. It is undeniable that besides Cynergi Lofts, there is a total lack of residential options in the neighborhood. This is about to change with a few mixed-used buildings ( residential buildings featuring office or retail spaces on the first floor ) in the pipeline and the ongoing  rezoning of most of the area to allow for more retail spaces, parking and a higher housing density.

Is Wynwood going to lose its soul while buildings are arriving and some art galleries are not renewing their leases, being somehow pushed out by landlords asking for much higher rents  ?

Warehouse are teared down to build residential buildings

Warehouses are teared down to build mixed-use buildings

250 Wynwood and Wynwood Central are two of the residential buildings which are going to break down in the upcoming weeks. Bradley Carlson and David Polinsky, the developers behind 250 Wynwood, which first renderings for the architecture of the proposed building were recently published in The Miami Herald , will be building a boutique building at 250 NW 24 street. They claim to be concerned about keeping the character of Wynwood  alive by incorporating graffiti style artwork inside and outside the building via a partnership with gallerist Anthony Spinello and by offering an edgy architectural style. Central Wynwood will combine 69 rental residences, as well as retail and commercial spaces. However, New York developer David Edelstein is looking to get approval for the construction of a 264 unit condominium… In the meantime, quite a few investors and buyers in need of large warehouse and showroom spaces as well as artist studios and art galleries are moving out of Wynwood, where prices per square foot to lease or purchase are now more accessible.

Advertisements

Read Full Post »

%d bloggers like this: