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New York developer snaps up former Wynwood Rubell site for mixed use project

The New York firm behind the Sir Norman Foster-designed 425 Park Avenue and Chelsea’s newly approved Terminal Warehouse is coming to Wynwood.

L&L Holding is joint-venturing with private equity and development firm Carpe Real Estate Partners to develop a mixed-use office / apartment development. The companies have signed a contract for the three acres located at the northeast corner of NW First Avenue and NW 29th Street, according to a company release. The site incorporates the former location of the Rubell Family Collection, now the Rubell Museum in Allapattah.

Carpe also is developing Oasis Wynwood, a 72,000-square-foot mixed-use development Oasis retail, entertainment and office complex that will be the new South Florida headquarters for Spotify.

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By Rebecca San Juan

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