Related Group has bought into Wynwood 25, a residential rental project in Wynwood, a neighborhood in which Jorge Perez has previously called "very hot." Wynwood 25 will now be a joint venture between Related Group and East End Capital, a New York based real estate developer. Wynwood 25 will feature 289 micro-units which will range from 400 SF to 1,200 SF and prices starting at $1,400 per month. 80% of the units will be priced under $2,000. The building will be designed by Kobi Karp and will also feature 31,000 SF of ground floor retail and 340 parking spaces. Groundbreaking is expected for summer 2017.
The Real Estate Mogul's Guide to South Florida
