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Clearline Real Estate Reveals Plans For Apartment Project In Wynwood

Clearline Real Estate, led by former Kushner Cos. executive Jenny Bernell, has revealed plans for its first apartment development in Wynwood.

The city’s Urban Development Review Board will go over the project on March 15. Miami-based attorney Iris Escarra represents the New York-based developer for the project, which was designed by Miami-based Arquitectonica.

Clearline’s strategy is buildings with mostly smaller apartments, which generally appeal to young workers without children. These buildings are light on parking, so the developer is counting on many tenants to utilize public transit or their bikes.

The project would be located at 2000 to 2012 N. Miami Ave and 2021 to 2035 N.W. Miami Court. It purchased the 1.38-acre property for $19.1 million in April 2022.

Totaling 435,286 square feet in 11 stories, the building would feature 310 apartments, 9,909 square feet of commercial space and 311 parking spaces. The developer is seeking a 50% density increase through a payment to the city’s affordable housing trust fund, plus a 30% parking reduction.

It would feature an interior courtyard on the fourth floor with a pool, a clubroom, a fitness room, a library and a coworking center.

There would be 118 studio apartments averaging 472 square feet, 131 one-bedroom units averaging 630 square feet, and 61 two-bedroom units averaging 851 square feet.


Source:  SFBJ

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