Fifield Cos., in a joint venture with PGIM Real Estate, has started vertical construction on Wynwood Station, a 210-unit luxury community in Miami. The eight-story project obtained $66.9 million in financing from CIBC Bank, according to Yardi Matrix data.
The development team also includes MSA Architects, IDDI and Kast Construction. Completion is expected in April 2025.
Wynwood Station marks Fifield’s second TOD in the Greater Miami area. The first was Avida, a 266-unit Class A community expected to come online this June. The developer broke ground on the project in 2022.
A future Wynwood luxury community
The transit-oriented development is slated to include studio, one- and two-bedroom units with sizes between 567 and 1,036 square feet. The property’s ground floor will feature some 11,000 square feet of retail space and a street-level paseo.
Apartments will have quartz countertops with full-height backsplashes, soft-close cabinetry and stainless-steel appliances, as well as spas with frameless glass showers and soaking tubs in select units. Custom walk-in closets with organizers and in-unit laundry will be also available.
Common-area amenities will consist of a resident lounge, party room, makers room, demonstration kitchen, outdoor and indoor fitness center, golf simulator and pet spa. The rooftop will feature a soaking pool, a hot tub, lounge seating areas, as well as grill and dining areas.
Located at 45 NE 27th St., the development is approximately one block away from the planned train station at NE 29th Street, 2.4 miles from the Miami downtown area, 3.8 miles from Interstate 95 and less than 1 mile from Interstate 195. The site is also less than 1 mile from a recently completed luxury high-rise developed by Black Salmon and LD&D.
