Mana Wynwood has
submitted plans for a 49-story, 328-unit apartment tower in downtown
Miami, the first for developer Moishe Mana in downtown Miami.
Mana and Zyscovich
Architects submitted their plans for 200 North Miami
Avenue to Miami’s Urban Development Review Board for its July 25
meeting. Mana has spent more
than $200 million acquiring land
and buildings in downtown Miami, in addition to what he’s amassed in Wynwood.
The
322,355-square-foot apartment tower would rise on a 14,325-square-foot plot of
land in the Flagler Street neighborhood of downtown Miami. It would include
23,295 square feet of residential amenities, a 6,550-square-foot lobby and a
leasing office – and no parking, according to the proposal.
Last year, Mana filed
suit against the Miami Parking Authority after
the city agency agreed to lease the garage land next door to another
developer, Grand Station. Mana wanted to combine both sites for his
own development, which would include a bigger expansion the existing parking
garage.
Micro units,
which Mana previously hinted at, would take up about a third of the
328 apartments, architect Bernard Zyscovich told The Real Deal.
They would be located on the lower levels, with higher end units on the upper
levels.
Amenities at 200 North
Miami Avenue will include an infinity pool and pool deck, shared social spaces
and possibly conventional amenities like a gym, Bernard Zyscovich told TRD.
“We’re looking very much at the idea of trying to have a very intensely filled
out technology [oriented] building,” he said. Think very fast Wi-Fi and TVs
that stream services like Netflix.
Dylan Finger, managing
director of Mana Wynwood, previously told TRD that micro units
would attract young professionals, millennials and creative workers,
who would otherwise be out-priced.
“In Miami, we have
these nice condo buildings that are beautiful. But they’re not affordable;
they’re out of reach,” he told TRD last summer. Either Miami’s
young professionals “have to share an apartment or live in Kendall or live at
home or live far away from the urban core.”
Zyscovich said there
is no set start date for the project yet.
In June, Mana took out
close to $10 million in financing out of a bigger $100 million loan for
properties he owns in downtown Miami, this project site not included.
Centennial Bank is the lender for that loan. Mana could not be reached for more
information on what that would be used for.
Check out more
renderings of the apartment building:
Original Content The Real Deal
No comments:
Post a Comment