East End Capital Receives Approval For Kobi Karp-Designed Co-Living Project, FOYER Wynwood
East End Capital, led by Jonathan Yormak, received approval from Miami’s Planning & Zoning Department for FOYER Wynwood on December 1. FOYER Wynwood is a co-living, mixed-use project at 2400 North Miami Ave. which is now pending a construction permit and demolition permit for remaining structures on the site. FOYER Wynwood is designed by Kobi Karp Architecture & Design and when complete will feature 375,000 SF of total development splits between 236 apartment units, 12,528 square feet of retail, 7,497 square feet of restaurant space and 400 parking spaces.
FOYER Wynwood will feature affordable co-living and micro-unit options in the apartment portion, together with co-workspaces and other amenities. In conjunction with the development, East End has launched the new “FOYER” brand to operate and manage this project as well as all the other co-living apartment projects in its pipeline.
All FOYER projects will include high ratios of furnished micro-units and co-living bedrooms with ensuite bathrooms, together with traditional studio, one- and two-bedroom units. Monthly rents for co-living bedrooms at FOYER Wynwood, which include the furnishings, electricity, common area cleaning, and WiFi, are expected to start around $1,500 per month.
FOYER Wynwood will also offer an abundance of shared amenity space, including a gym focused on functional training, a juice and coffee bar, an expansive pool deck, a chef’s kitchen and entertainment space, collaborative co-working and art studio areas, and state-of-the-art podcast and green-screen studios.
FOYER Wynwood will continue the renaissance occurring along North Miami Avenue, and is located near notable attractions such as Veza Sur Brewery, The Wynwood Arcade, Oasis, The Salty, and the planned Arlo Hotel. Construction is expected to commence in early 2021.