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Why are developers choosing Wynwood as the perfect spot for their co-living projects?

Why are developers choosing Wynwood as the perfect spot for their co-living projects?

Wynwood has been transforming from a tourist attraction to an actual innovative living area. With amazing business ideas, this neighborhood is now home of preconstruction of co-living apartment buildings with world-class shared amenities and service which has been extremely appealing to more than one public.

One of the main developments taking place in Wynwood right now is the $46 million /1.6-acre terrain purchase at 2431 NW Second Avenue in Miami. Developed by Property Markets Group (PMG) in partnership with Greybrook, this project will be an 8-story mixed-use development with retail spaces, hotel rooms, rooftop bar, restaurant, and over 220 rental apartments from which 30% will be co-living spaces where tenants will have the possibility of renting by room and have some world-class shared common areas. This project promises to be similar to X Miami, the 32-story Hotel & Residences in Downtown.

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Posted by on September 6, 2019 in News

 

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How is Russell Galbut redesigning Miami?

How is Russell Galbut redesigning Miami?

Another day and yet another new condo construction in Miami. The inventory of Miami Beach is about to increase with the tenacious construction of Park on Fifth. This 44-story luxury condo will be raised at 500 Alton Road with a welcoming location for visitors and residents of Miami Beach coming from the MacArthur Causeway.

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Posted by on July 18, 2019 in News

 

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Miami, the success story – Part 3 –

2Last week I concluded the article talking about the enthusiasm which has been growing around Miami these past decades. All that interest toward the city allowed developers to get more and more confident about investing in Miami. From 2000 to 2005 many projects were launched. For several years the market was doing great and prices were going through the roof. But we all know the story of the 2006’s crisis and how it affected the real estate market. Clearly Miami has not been spared. Between 2006 and 2010 two third of the sales were distressed one. Read the rest of this entry »

 
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Posted by on February 22, 2013 in News

 

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