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Fisher Brothers Bag $118M Loan For Wynwood Project

Fisher Brothers Management can begin construction of an eight-story multifamily project in Wynwood after securing a $117.5 million loan.

An affiliate of Los Angeles-based Canyon Partners provided the construction financing for Wynhouse, a proposed development with 312 apartments, 27,500 square feet of restaurant and retail space and 120 parking spaces, records show. The 1.5-acre development site is the former Miami Rescue Mission headquarters at 2201, 2229 and 2159 Northwest First Court, and 2200 and 2250 Northwest First Avenue.

Designed by Miami-based Nichols Brosch Wurst Wolfe & Associates, the specifics of the 340,394-square-foot project include 107 parking spaces, 10 ground-floor retail stores spanning 24,114 square feet and 8,165 square feet of rooftop amenities which include a pool and lounge. The building surrounds a central courtyard, and the property is bisected by more than 8,000 square feet of public paseo space, open to the public and creating more frontage for retail.


Source:  The Real Deal

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Brightline Completes Apartment Towers In Downtown MIami

The Park-Line Miami apartment towers have been completed at the Brightline passenger rail station in downtown Miami.

Brightline, which will be rebranded as Virgin Trains USA, completed the 816-unit project at 100 N.W. Sixth St. It has two 30-story towers atop the rail platform at Virgin MiamiCentral, which also has a food court and offices. That gives residents a direct connection to the train that stops in Fort Lauderdale and West Palm Beach, with future stations in Orlando, Aventura and Boca Raton.

Units range from 630-square-feet studio apartments to 1,336 square feet with two bedrooms and a den. There are also a few penthouses. The studios start at $1,900 a month. The smallest two-bedroom unit goes for $3,345.


Source:  SFBJ

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