PROFILEmiami South Florida Real Estate and Lifestyle

View Original

Thor Equities Officially Begins Construction on Wynwood Walk After Locking Down Construction Financing

Thor Equities, a global leader in urban real estate development, leasing and management, have broken ground and officially commenced construction on Wynwood Walk (November 2017) after locking down construction financing from Bank of the Ozarks. Wynwood Walk will run the entire block from NW 29th Street to NW 28th Street near Wynwood’s northern entrance, and will bring the fast-growing neighborhood approximately 63,000 SF of new retail and restaurant space. Wynwood Walk is being developed by Thor Equities and is designed by Oppenheim Architecture. Thor plans to build a new-two story building with 20,400 square feet of commercial space and renovate three existing warehouses with another 36,884 square feet of commercial space on the property it owns between Northwest 28th Street, Northwest Second Avenue and Northwest 29th Street. The project will include a green rooftop, a paseo, 300' of retail frontage on NW 2nd Avenue, and a landscaped terrace with outdoor seating.

“We are excited to begin construction on this premier development situated in the heart of the Wynwood Art District, which continues to draw hundreds of thousands of visitors each year to its numerous galleries, open-air street art installations, retail stores, bars and restaurants,” said Joseph Sitt, CEO of Thor Equities.

Check-out PROFILEmiami's coverage of Wynwood Design Review Committee approval of Wynwood Walk from May 2017.