L&L Holding Company formed a joint venture with Oak Row Equities to acquire the site in June 2020 based on as-of-right zoning. Since then, two upzonings have been approved on the site, increasing allowable residential density from 319 to 509 units. The project will consist of approximately 1 million GSF of highly amenitized apartments, Class-A office, retail, and parking, oriented around a 25,000 SF open air plaza landscaped by James Corner Field Operations, the architect of New York’s High Line, and Miami The Underline.
Wynwood Plaza will be positioned as the best-in-class asset in a rapidly growing district, offering a substantial discount to both residential and commercial tenants relocating from higher cost of living areas.