wynwood portal where meets a worldclass development site midtown · 2019. 1. 3. · wynwood portal...

WYNWOOD PORTAL DEVELOPMENT SITE FOR SALE

2827, 2817, 2811 N MIAMI AVE, 10 NE 29 ST, 17 NE 28 ST, 21 NE 28 ST

ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

WYNWOOD PORTALA WORLDCLASS DEVELOPMENT SITE

WHERE WYNWOOD MEETS MIDTOWN



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

ASKING PRICE: $17,950,000

ZONING: T6-8 / NRD-1

TOTAL LOT AREA: 25,131 sf

GROSS BUILDABLE AREA: 241,258 sf

HEIGHT LIMIT: 12 stories

DENSITY: 86 DU / 173 Keys

USE: Retail, Office, Condo, Hotel

Sterling Equity Realty is proud to present a 6-lot assemblage in a prime Wynwoodlocation. Just steps away from The Shops at Midtown and a short stroll to Wynwood'smain artery NW 2 Ave. Several major developments within a few blocks from thesubject site are in various stages of planning and development, such as W House andWynwood 26 by The Related Group, Wynwood Walk by Thor Equities and GoldmanProperties‘ Wynwood Garage. Gateway at Wynwood, the area‘s largest officebuilding, designed by Kobi Karp, will be erected on the opposite corner. The TollBrothers recently acquired a double lot ½ block to the West, adjacent to CynergiLofts. Noteworthy is Lennar‘s acquisition of an 8-lot assemblage within 300‘ of thesubject property. 1 block to the West on NW 1 Ave, a Woonerf is planned and willstretch from NW 29 St to NW 25 St.

N Miami Ave at 29 St is Wynwood‘s busiest intersection for vehicular traffic and mostfrequented point of entry to Wynwood.

EXECUTIVE SUMMARYDEVELOPMENT SITE FOR SALE / 2827 N MIAMI AVE ASSEMBLAGE

3450 SF

3250 SF

7106 SF

5250 SF

5250 SF

825 SF



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

6-LOT ASSEMBLAGEDEVELOPMENT SITE FOR SALE / 2827 N MIAMI AVE ASSEMBLAGE

$17,950,000

25,131 SF

6-Lot Assemblage



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

AREA ACTIVITIESDEVELOPMENT SITE FOR SALE / 2827 N MIAMI AVE ASSEMBLAGE



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

WYNWOOD DEVELOPMENT ACTIVITYCURRENT PROJECTS PLANNED AND UNDER CONSTRUCTION

WYNWOOD 25East End Capital / Related Group227 NW 24 St289 Rental Apartments / 31K SF Retail / 340 Parking Spaces

WYNWOOD GARAGEGoldman Properties2660 NW 3 Ave430 Parking Spaces / 23K SF Retail / 30K SF Office Space

WYNWOOD WALKThor Equities2800 NW 2 Ave63K SF Commercial Space / Restaurant & Retail

WYNWOOD 26Related Group51 NW 26 St174 Apartments / 36K SF Commercial Space

WYNWOOD GATEWAY COMPLEX Metro12825 NW 2 Ave, 146 Key Hotel / 70 Condos / 53 K SF Office Space / 19K SF Retail / 193 Parking Spaces

WYNWOOD 29 / W HOUSERelated Group / Metro12828 NW 1 Ave182 Condos / 27K SF Office Space / 20K SF Retail / 283 Parking Spaces

WYNWOOD SQUAREOne Real Estate Investments2201 N.Miami Ave241 Residential UNits / 60K SF Office Space / 27 K SF Retail / 481 ParkingSpaces

CUBE WYNWOODRed Sky Capital222 NW 22 St80K SF Office Space / 11K SF Retail

GATEWAY AT WYNWOOD R&B Realty2916 - 2994 N.Miami Ave185K SF Office Space / 34K SF Retail / 574 Parking Spaces

WYNWOOD ANNEXEast End Capital / Related GroupNW 24 St West of NW 2 Ave47K SF Office Space / 5K SF Retail



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

ADJACENT PROPERTIESNOTEWORTHY DEVELOPERS AND PROPERTY OWNERS



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

ZONINGT6-8 / NRD-1

BUILDING DISPOSITION

LOT OCCUPATION

a. Lot Area 5,000 s.f. min.; 40,000 s.f. max.

b. Lot Width 50 ft min.

c. Lot Coverage

- 1-8 Stories 80% max.

- Above 8th Story 18,000 sq. ft. max. Floorplate for Residential & Lodging****30,000 sq. ft. max. Floorplate for Office & Commercial

d. Floor Lot Ratio (FLR) N/A

e. Frontage at front Setback 70% min.

f. Open Space 10% Lot Area min.

g. Density 150 du/ac max.

BUILDING SETBACK

a. Principal Front10 ft. min.***; 15 ft. min. above 8th Story

b. Secondary Front10 ft. min.***; 15 ft. min. above 8th Story

c. Side0 ft. min.; 10 ft. min. above 8th Story

d. Rear0 ft. min.; 10 ft. min. above 8th Story

e. Abutting Side or Rear T46 ft. min. 1st through 5th Story26 ft. min. above 5th Story

Abutting Side or Rear T3

10% of Lot depth** min. 1stthrough 2nd Story26 ft. min. 3rd through 5th Story46 ft. min. above 5th Story

BUILDING CONFIGURATION

FRONTAGE

a. Common Lawn prohibited

b. Porch & Fence prohibited

c. Terrace or L.C. prohibited

d. Forecourt permitted

e. Stoop permitted

f. Shopfrontpermitted (T6-8 L and T6-8 O only)

g. Gallery permitted by Special Area Plan

h. Arcade permitted by Special Area Plan

BUILDING HEIGHT

a. Min. Height 2 Stories

b. Max. Height 8 Stories

c. Max. Benefit Height4 Stories Abutting all Transects Zones except T3

Or as modified in Diagram 910% of Lot depth for Lots more than 120’ deep6’ min for Lots less than 120’ deep Or as modified within NRD-1 Street Master PlanOr as modified within Section 1.7.2 (b)(1)(i)

BUILDING PLACEMENT

PARKING PLACEMENT

BUILDING HEIGHT

***

*** ****



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

NRD-1 Boundary

Subject Property

ZONING MAPT6-8 / NRD-1



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

The site is located at 2827, 2817, 2811 N Miami Ave, 10 NE 29 St, 17 NE 28 St, 21 NE 29 St in Wynwood.

Directly at the intersection of N. Miami Ave and 29 St.

Just to the North is MidtownMiami and the Design District.

Access to Miami Beach via the Julia Tuttle Cswy, the Venetian Cswy and the McArthur Cswy.

Dowtown Miami and Brickell are just a few miles to the South.

Miami and Ft. Lauderdale Airports are easily accessiblevia SR-112 and I-95.

SOUTH BEACH

DESIGN DISTRICT

WYNWOOD

MIAMI INTNL AIRPORT

DOWNTOWN

BRICKELL

LOCATIONDEVELOPMENT SITE FOR SALE / 2827 N MIAMI AVE ASSEMBLAGE

MIDTOWN



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

Wynwood has quickly escalated to super hip status from its roots as a commercialwarehouse zone.

Real estate prices in the area have increased significantly over the past 5 years,attracting interest from local and national real estate investors.

Retail rents have risen from $20/sf just a few years ago to as high as $120/sf todayand residential for sale condos are now priced at over $700/sf.

The Wynwood area is in the midst of massive change in its overall landscape.

Local and national investors have acquired property for retail and residentialdevelopment, with a number of those projects approaching completion ordevelopment start.

AREADEVELOPMENT SITE FOR SALE / 2827 N MIAMI AVE ASSEMBLAGE



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

Over the past several years, real estate developers have acquired largeconcentrations of property, most notably Mana Development, which recentlyreceived approval from the City of Miami by recommendation of the BusinessImprovement District (BID).

Mana Group‘s enormous special area plan would serve as the hub for all trade andbusiness between Asia, Latin America, North America and the Caribbean. It istexpected to create 20,000 direct and indirect jobs in South Florida.

MANA Trade Center & International Finance Center (TCIFC)

NW 2 Ave to I-95, NW 22 St to NW 24 St

9.72M SF Development on 23 Acres

• 2M SF Showrooms• 1M SF Office Space• 75K SF Retail• 400 Key Hotel

• 3,487 SF Residential Units• 8,483 Parking Spaces• 2.5 Acre Public Park

MANA DEVELOPMENTMASTER PLAN



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

This modern version of the shared street originated in theNetherlands in the 1970s, thus the Dutch name. It has spreadaround the world, though the concept of people on foot mixing itup with horses, carriages, bicyclists, trolleys and, yes, evenmotorcars is an old one.

Before urban streets were segregated for use primarily by cars,with pedestrians relegated to sidewalks, different modes oftransportation mixed in freewheeling fashion in cities across theworld and in the United States.Modern woonerfs are intended to put the pedestrian first. Theyoften have no signage and no curbs, to avoid tripping obstaclesand to provide a feeling of expansive shared space. Often theycontain cues such as colored pavement or bollards to demarcateprimary areas for pedestrians and cars.

NW 3RD AVE BETWEEN NW 29TH ST AND NW 25TH ST

NW 1ST AVE BETWEEN NW 29TH ST AND NW 25TH ST

NW 1ST PL BETWEEN NW 23TH ST AND NW 20TH ST

PLANNED WOONERFSFOR WYNWOOD‘S NRD-1 DISTRICT

PLANNED WOONERFSDEVELOPMENT SITE FOR SALE / 2827 N MIAMI AVE ASSEMBLAGE



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

20OF MIAMI’S

PARKING

TRANSACTIONS

%

1MPARKING

TRANSACTIONS

IN 2017

+

20PARKING

TRANSACTIONS A WEEK

K

1.5MPEOPLE PER

QUARTER

88WALK SCORE

10WEEKDAY

POPULATION

KP/DAY

30WEEKEND

POPULATION

KP/DAY

MOST CITIBIKE

USERS IN THE

CITY OF MIAMI

WYNWOOD FACTSVISITORS AND TRANSACTIONS



ROBERT ZIEHM

[email protected]

305.804.4848

SHAI BEN AMI

[email protected]

305.215.3618

CONTACT

ROBERT ZIEHMLic. Real Estate Broker

Sterling Equity Realty, LLC

Lincoln Rd, Suite 200

Miami Beach, FL 33139

PHONE: +1 (305) 804 4848

EMAIL: [email protected]

SHAI BEN AMILic. Real Estate Associate

Sterling Equity Realty, LLC

Lincoln Rd, Suite 200

Miami Beach, FL 33139

PHONE: +1 (305) 215 3618

EMAIL: [email protected]

wynwood portal where meets a worldclass development site midtown · 2019. 1. 3. · wynwood portal...

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