New York developer snaps up former Wynwood Rubell site for apartment/office project

The New York firm behind the Sir Norman Foster-designed 425 Park Avenue and Chelsea’s newly approved Terminal Warehouse is coming to Wynwood

L&L Holding is joint-venturing with private equity and development firm Carpe Real Estate Partners to develop a mixed-use office/ apartment development. The companies have signed a contract for the three acres located at the northeast corner of Northwest First Avenue and Northwest 29th Street, according to a company release. The site incorporates the former location of the Rubell Family Collection, now the Rubell Museum in Allapattah.

Carpe also is developing The Oasis in Wynwood, a 72,000-square-foot mixed-use development. The Oasis will include retail, entertainment and an office complex that will be the new South Florida headquarters for Spotify.

Read Full Article

Previous
Previous

Developers bet big on build-for-rent due to COVID

Next
Next

How Carl Icahn and others profited billions from ‘absolute perfect storm’