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Tricera Capital And LNDMRK Development Secure Several Exciting Tenants At Society Wynwood

Society Wynwood_Image Courtesy of Boardroom PR 1170x435

Tricera Capital, the Miami-based commercial real estate firm led by Ben Mandell, and LNDMRK Development completed several leases totaling almost 14,000 square feet at major mixed-use development Society Wynwood.

Newly signed tenants include Starbucks, Chama De Fogo Brazilian Steakhouse and Nacho Daddy.

Starbucks will occupy 2,615 square feet of retail space at Society Wynwood. The Seattle-based coffee giant has a strong presence throughout South Florida, including at Tricera’s Shops at the Press in West Palm Beach.

Chama De Fogo leased 5,522 square feet at Society Wynwood for its second Miami location. The Brazilian steakhouse concept has become extremely popular over the years, and Chama De Fogo prides itself on its authentic gaucho barbecue and high-quality meats. The Society Wynwood location will feature a casual dining restaurant, butcher shop and delicatessen.

The Las Vegas-born Nacho Daddy opened its first store in 2010. Today, the modern Mexican-style restaurant has grown tremendously with six locations nationwide serving gourmet nachos and more. The 5,434-square-foot lease in Society Wynwood will be the restaurant’s seventh and the only one in Florida.

“We are excited to be part of the continued growth of Wynwood and bring compelling tenants such as Starbucks, Chama De Fogo and Nacho Daddy to this project,” said Tricera President | Head of Leasing Dustin Ballard. “Society Wynwood will add to the elevated ecosystem of restaurants, retail and living experiences the eclectic art district offers its residents and guests.”

Irma Figueroa, Andrew Rosenberg and Max Gelband with Comras Company are Tricera and LNDMRK’s leasing representatives at Society Wynwood.

Elizabeth Higgins, Marty Arrivo and Aracibo Quintana of Acre represented Starbucks in its lease. Elizabeth Hazan of Byblos Hospitality Holdings was a consultant for Chama De Fogo. Jenny Geffen and Dave Preston with Colliers represented Nacho Daddy.

In partnership with Society Wynwood developers PMG and Greybrook Realty Partners, Tricera and LNDMRK are forward-purchasing over 32,000 square feet of ground floor retail at the project. The 2431 NW Second Ave. development is conveniently located in the center of the Wynwood Art District, within walking distance of many new developments and retail shops. Along with the ground-floor retail, Society Wynwood has almost 300 modern residential units and a private parking garage, making it the area’s premier new development.

 

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New Wynwood Residences In Assemblage Of Cubes Win OK

An assemblage of cubes and dark colors will become home to 326 new residential units in the heart of Wynwood.

PMG-Greybrook Wynwood Trustee LLC is the owner-developer for a project called Society Wynwood, to rise at 2431 NW Second Ave.

The mixed-use residential project was reviewed Jan. 20 by the city’s Urban Development Review Board and approved with several recommendations.

The site is east of Northwest Second Avenue, south of Northwest 25th Street and north of Northwest 24th Street.

The project is 528,075 square feet, including 48,288 square feet of commercial-retail space and 8,603 square feet of open space.

The building will be eight stories, up to 124 feet, and have parking for 211 vehicles and 30 bicycles.

In a letter to the city, Javier F. Aviñó, an attorney representing the developer, wrote: “The proposed Project will bring 326 residential units to Wynwood, complete with high quality amenities and a roof deck to allow Wynwood residents to socialize and enjoy outdoor space in their neighborhood.

“The ground floor incorporates over 48,000 square feet of commercial uses, including retail uses and multiple restaurant spaces, providing convenient go-to spots for residents and visitors,” he wrote.

The project will have a cross block passage lined with retail and food and beverage options connecting 24th and 25th streets. A second cross block passage running east-west will connect this passage to Northwest Second Avenue, providing further through-site connectivity.

Mr. Aviñó wrote: “The Project will also incorporate artistic elements including art walls, stucco with graffiti, metal mesh, and green walls, reflecting the surrounding aesthetic of the neighborhood.

“This mix of uses within one site combined with design elements that encourage socialization and pedestrian activity, creates a strong neighborhood anchor for the continued growth and vitality of Wynwood,” he said.

The developer is asking for three waivers:

  • To allow up to a 30% reduction in required parking for a site within a quarter mile radius of a transit corridor.
  • To allow 89.9% lot coverage when 80% is permitted.
  • To allow parking in the second layer, when an art, glass, or architectural treatment, of a design to be approved by the planning director, with the recommendation of the Wynwood Design Review Committee, is provided for that portion of the façade.

“I’m excited with your project. I like it,” said board Chairman Willy Bermello.

Board member Robert Behar said, “I like all that you’ve done.” He did caution about the use of dark colors.

“Be careful with the color you select. In South Florida, that black will turn into gray very soon,” he said.

Board member Dean Lewis said the designers should articulate and celebrate the building corners more.

Board member Fidel Perez called it a “very well put together building.”

The motion to recommend approval included these recommendations: re-think the corners of the building to add light; integrate the artwork; re-evaluate the paint colors for the façade; and include more glass into the base.

The motion passed unanimously.

 

Source:  Miami Today

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