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The Wynwood Plaza in Miami, FL

Partnership Acquires Mixed-Use Development Site in Wynwood Arts District

L&L Holding Company and Carpe Real Estate Partners have acquired a three-acre assemblage for the creation of The Wynwood Plaza, a development that will bring new office, residential, retail and outdoor space to Miami’s Wynwood Arts District. According to published reports, the partnership paid $50 million for the assemblage.

The Wynwood Plaza will include a 266,000-square-foot office tower with outdoor space on every floor, a residential building with 509 rental apartments, indoor and outdoor dining, retail and a 668-space parking garage.

The project will also feature a 25,000 square-foot outdoor public plaza and a pedestrian paseo that forms a central thoroughfare connecting to the greater Wynwood community. The partners will collaborate with local artists on multiple large-scale art mural designs to enrich and animate the community experience.

The Wynwood Plaza’s grand opening is expected in 2024.

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L&L Holding Company

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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