Wynwood Walls Creator, Developer Partner on Hotel, Condo Building
Publisher: South Florida Business Journal
September 6, 2024
Day Pitney Real Estate Partner Steven J. Wernick was featured in South Florida Business Journal article, "Wynwood Walls Creator, Developer Partner on Hotel, Condo Building."
The article discusses the anticipated mixed-use project by Whale & Star Wynwood LLC in Miami's Wynwood Arts District, including 214-unit hotel, 87-unit condominium, and 11,000+ square feet of retail/restaurant space.
Wernick, who represents the developer in the application, said the hotel component would be branded and operated by Cloud One Hotels.
There's been an explosion of apartment, office and retail development in Wynwood in recent years. While it's a popular tourist destination, not many hotels have been completed.
"With the amount of foot traffic and the millions of people coming through Wynwood every year, there is clearly more demand for hotels," Wernick said. "There is a significant amount of cultural tourism in Wynwood."
