Florida & Gulf Coast + South Florida + Office | January 23, 2023

L&L Holding Company and Oak Row Equities have closed on $215 million in construction financing for one-million-square-foot The Wynwood Plaza in Miami’s Wynwood Arts District.

Partners Secure $215M in Construction Financing for The Wynwood Plaza in Miami

L&L Holding Company and Oak Row Equities have closed on $215 million in construction financing for The Wynwood Plaza. The one-million-square-foot campus that will bring Class AAA office, residential, retail and outdoor space to 95 NW 29th Street in Miami’s Wynwood Arts District.

Dustin Stolly and Jordan Roeschlaub of Newmark represented L&L Holding and Oak Row Equities in capitalizing the project, while Scott Wadler and Michael Basinski of Berkadia arranged the Bank OZK financing.

L&L Holding, Oak Row Equities, alongside project partner Shorenstein Properties, LLC and co-investor Claure Group, will commence construction immediately with full completion anticipated in 2025.

The Wynwood Plaza will incorporate a residential building, an array of indoor and outdoor dining and shopping options and the office tower totaling approximately 266,000 square feet.

Two full floors at The Wynwood Plaza’s 12-story contemporary Class AAA office tower have been pre-leased to investment firm Claure Group and law firm Weitz & Luxenberg.

Photos courtesy Gensler

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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