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Transactions - MAY 20, 2020

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CIM Group tops out construction of mixed-use development in Miami’s Wynwood District

by Released

CIM Group has topped out construction of the two eight-story towers set above the ground-floor retail and three levels of office space, which comprise CIM’s significant mixed-use development at 2201 N. Miami Avenue in the Wynwood Arts District of Miami.

The development, which is a major contributor to the evolving Wynwood district, includes approximately 60,000 square feet of office space, 27,000 square feet of street-level retail and studio space, 257 apartments, and approximately 480 parking stalls. The 1.78-acre site spans a full city block bounded by NE 22nd and NE 23rd streets, with approximately 250 linear feet of frontage on N. Miami Avenue to the west and fronts the Brightline Rail to the east.

Three office floors are located above the street-level retail and studio space and extend across the full block, creating expansive office space that allows for flexible configurations and the ability to divide the approximately 20,000-square-foot floor plates into off

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