Wynwood Land Acquisition & Zoning
Property Owner
Representation of client in the acquisition of land in Wynwood to be developed into an 8-story apartment building with ground floor retail space, as well as the preparation and negotiation of a purchase and sale agreement for the retail space to be located along the ground floor of the building to be constructed on the property by our client. The project includes more than 220 apartment units, a hotel, a rooftop bar and restaurant, and 38,000 square feet of retail space.
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Representation of developer in the acquisition and development of a multiple-building residential project on the former Chiquita Banana distribution site in Midtown Miami, Florida. Assisted with platting of underlying property to vacate public right-of-way that transects the property.
Representation ofa Chicago-based developerin connection with raising$40 millionofequityand$67 millionof debt for the development of a multifamily project in the Wynwood neighborhood of Miami, Florida, consisting of210 units and 270 parking spaces.
Representation of Magellan Housing in the negotiation and closing of financing for Wynwood Works, a 120-unit affordablehousing project in the Wynwood neighborhood of Miami, Florida. Financing included tax-exempt bonds, tax credit equity, and subordinate financing from the city.