WRE News: Four New-High Rises Proposed in Wynwood

Miami, FL – June 30, 2024 – Wynwood is on the brink of a high-rise building boom with four major projects proposed that could transform the community.

A 48-story tower with 544 apartments and a massive parking garage is planned by Bazbaz Development at North Miami Avenue and Northwest 21st Street. Four blocks north, a 39-story tower with 336 apartments is proposed by an affiliate of New York’s Hidrock Properties. Miami Court Holdings plans a 19-story high-rise with 401 apartments, preserving an adjacent Art Deco building, while a 25-story complex with 996 apartments is proposed by David Sedaghati’s Ultimate Equity along Northwest Sixth Avenue.

These proposals, which exceed local height limits, are driven by the new Live Local Act, allowing developers to bypass local rules in exchange for setting aside affordable housing.