Plans Filed for New 39-Story Tower in Wynwood with Live Local Affordable Housing
Exciting news for the Wynwood neighborhood in Miami! Plans have been filed for a new tower at 2534 North Miami Avenue, and it’s set to make a big impact on the area. The proposed project is taking advantage of Florida’s new Live Local act, which allows developers to bypass some local zoning restrictions in exchange for building workforce housing.
What makes this development stand out is its proposed height of 39 stories, making it taller than other buildings in the vicinity. Thanks to the Live Local act, the tower is set to top off at 407 feet above ground, or 423 feet above sea level. The project includes 336 residential units, with 140 designated as Live Local affordable housing, making up 42% of the total units. Additionally, there will be 7,781 square feet of commercial space and 326 parking spaces spread across 8 levels of garage.
The average unit size is planned to be 564 square feet, catering to the modern urban lifestyle. The architectural narrative submitted to the city describes a sleek and modern design that seamlessly integrates with Wynwood’s contemporary architecture. The use of glass and clean lines reflects the area’s trend towards modern residential and commercial buildings.
The developer behind this project is 2534 N Miami Associates, LLC, with renowned architecture firm Arquitectonica leading the design. A hearing before the Wynwood Design Review Committee is scheduled for July 16, where the community will have the opportunity to provide feedback on this exciting development.
As a young real estate agent with a deep understanding of the Miami market, I believe this new tower will not only enhance the skyline of Wynwood but also contribute to the neighborhood’s vibrant culture. The incorporation of art installations and retail spaces at the base of the tower will further enrich the community and create a welcoming atmosphere for residents and visitors alike.
Stay tuned for more updates on this project and other exciting developments in Miami’s real estate market.
Best regards,
Andres Andrade
