L&L Holding, Oak Row Equities, Shorenstein and Claure Group Celebrate Topping Out of the Residences at The Wynwood Plaza

Another Major Milestone at the One Million Square-Foot Mixed Use Campus under Construction in the Heart of Miami’s Famed Wynwood Arts District

L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, today announced the topping out of the Residences at The Wynwood Plaza (the “Residences”), the luxury apartment community the team is developing as part of a one million-square-foot mixed-use campus in Miami’s vibrant Wynwood Arts District.

Designed by Gensler, the Residences will comprise 509 thoughtfully appointed high-end rental units, ranging in size from spacious studios to two-bedroom apartments. The Residences will feature floor-to-ceiling windows, state-of-the-art appliances, luxurious finishes, and flexible layouts. L&L and Oak Row will begin welcoming residents in 2025.

The community’s expansive residential amenity program will feature multiple connected and activated rooftops with a designated fitness area, in addition to a multi-purpose sports court, two outdoor pools, a sauna, a hot tub and a cold plunge pool. Additional amenities include a glass atrium with co-working spaces, private phone rooms, a game lounge and a modern fitness center with top-of-the-line equipment and dedicated areas for yoga and much more.

Residents and their guests will benefit from a 26,000 square-foot, lushly landscaped public plaza by urban design practice Field Operations. The plaza’s signature element is a colorful mosaic paseo that will wind through a series of sculptures, art installations, native trees and other plantings.  The airy, stylish outdoor space will be surrounded by 32,000 square feet of retail, designed for a lively mix of indoor and outdoor dining, lifestyle boutiques, curated storefronts, convenience locations and fast casual spots.

“Our mission with The Wynwood Plaza is to curate a dynamic new destination that is every bit as vibrant, creative and authentic as the world-renowned arts district that surrounds it,” said L&L Holding Company Chairman & Chief Executive Officer David Levinson and President & Chief Investment Officer Robert Lapidus.  “The Residences at The Wynwood Plaza will help animate the community on a daily basis and serve as a magnet for artists, creative professionals, families and visitors.”

“Construction at The Wynwood Plaza is ahead of schedule and this milestone takes us closer to delivering one of the most significant projects in Wynwood,” said Erik Rutter and David Weitz, Managing Partners at Oak Row Equities. “Our rental residences and extensive amenities will set a new bar of luxury in Wynwood.”

“We’re thrilled to reach this development milestone alongside our partners,” added Claude Esposito, Vice President at Shorenstein. “The Residences’ combination of luxury housing, world-class amenities and access to expansive outdoor space—all in the heart of one of Miami’s most lively and culture-rich neighborhoods—make this an extraordinary project, and we look forward to bringing these units to the Wynwood community.”

“We are immensely proud to reach this significant milestone at The Wynwood Plaza project,” said Marcelo Claure, founder and CEO of Claure Group. “‘The Residences’ not only exemplifies our belief in the transformative power of real estate to create spaces that enhance lifestyles and catalyze economic growth, but also underscores our commitment to fostering community, luxury, and innovation, all within one of Miami’s most dynamic districts.”

This milestone follows the topping out of the development’s 12-story office tower in September. L&L, Oak Row and their partners are creating a bespoke office environment that places a premium on occupant health and wellness.  Also designed by Gensler, the office tower incorporates private tenant terraces and floor-to-ceiling windows for abundant natural light.  Tenants will also have access to an array of indoor and outdoor amenities, including a coffee bar, fitness club, conference and collaboration spaces, golf simulator and generous rooftop open space.

As partners and investors, prominent investment firm Claure Group, led by Marcelo Claure, is set to establish its 25,400-square-foot headquarters across the entire eighth floor. Additionally, acclaimed national law firm Weitz & Luxenberg will open its first Miami office, with 18,000 square feet across the second floor.

For more information on The Wynwood Plaza, contact: info@thewynwoodplaza.com.

About L&L Holding Company

L&L Holding Company is a privately held, vertically integrated real estate company founded in 2000 by David Levinson and Robert Lapidus that has acquired or developed over 10 million square feet of prime commercial and residential space in New York and Florida. The company’s current portfolio includes such current and future icons as 425 Park Avenue, 390 Madison Avenue, Terminal Warehouse, TSX Broadway, The Wynwood Plaza, and Central Gardens Grand. For more information, visit www.ll-holding.com

About Oak Row Equities

Oak Row Equities is a vertically integrated real estate private equity and development company.

Founded in 2018 by Erik Rutter and David Weitz with offices in New York City and Miami, Oak Row Equities has expertise in acquisitions, development, architecture, construction, asset management, leasing and accounting. Since inception, Oak Row Equities has more than $1.6B of development and is under development on more than four million square feet of Class-AAA real estate. For more information, visit www.oakrowequities.com.

About Claure Group

Claure Group is a multi-billion-dollar global investment firm spanning multiple high growth sectors including tech, telecom, media, AI, real estate, sports and others. Marcelo Claure is also the Executive Chairman and Managing Partner of Bicycle Capital, a premier Latin America-focused growth equity fund based in Miami, and was appointed Group Vice Chairman of SHEIN, the global #1 on-demand fashion company in the world. Marcelo Claure is a well-known entrepreneur and operator after building Brightstar from a small local distributor to the world’s largest global wireless distribution and services company. In addition, Marcelo Claure led the turnaround of US wireless telecommunications company Sprint and helped orchestrate its US$195 billion merger with T-Mobile, creating what is now the most valuable telecommunications company in the world. As an investor, Marcelo Claure was the CEO of SoftBank Group International where he launched SoftBank’s $8B Latin America Fund, and had direct oversight for SoftBank’s operating companies like ARM, SB Energy, Boston Dynamics, and others.

About Shorenstein Properties LLC

Founded in 1960, Shorenstein Properties LLC is a privately-owned, real estate firm that owns and operates high-quality office, residential and mixed-use properties across the U.S., with offices in San Francisco and New York. Since 1992, Shorenstein has sponsored thirteen closed-end investment funds with total equity commitments of $9.6 billion, of which Shorenstein committed $798.5 million. The firm uses its integrated investment and operating capabilities to take advantage of opportunities that, at the particular time in the investment cycle, offer the most attractive returns. Investments have included ground-up developments, asset repositioning and stabilized assets; investment structures have included asset acquisitions, mezzanine loans, preferred equity investments and structured joint ventures. More information is available at www.shorenstein.com.

View The Wynwood Plaza >>