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Amazon Expands Presence at Miami’s Wynwood Development

| Commercial Real Estate News, Deals, Featured, Office| Views: 0

Developers L&L Holding Company and Oak Row Equities have announced that Amazon is expanding its office presence at Wynwood Plaza in Miami, securing an additional 25,000 square feet. This expansion boosts the tech giant’s total office footprint within the nearly completed, 12-story, mixed-use complex to 75,000 square feet. When fully finished, the development will feature 266,000 square feet of office space, 509 apartments and 25,000 square feet of retail space.

Representing the ownership during negotiations with Amazon were Bryan Lapidus of L&L, alongside Andrew Trench, Edward Quinon, and Brian Gale from Cushman & Wakefield. Savills’ Tom Capocefalo and Mike Catalano acted on behalf of Amazon, the tenant.

This recent announcement follows Amazon’s initial lease agreement in January for 50,333 square feet within the 1-million-square-foot Wynwood Plaza. The project’s Class A+ office component recently received its temporary certificate of occupancy from the City of Miami Building Department, indicating that construction is now in its final stages.

Situated at 95 NW 29th St., Wynwood Plaza is set to deliver a cutting-edge Miami office space complemented by a diverse array of indoor and outdoor amenities. Its design incorporates column-free layouts, private tenant terraces and expansive floor-to-ceiling windows to maximize natural light. Additionally, a dedicated amenity hub on the second floor offers a fully equipped fitness center complete with showers and lockers; a golf simulator; and multiple conference rooms.

“Wynwood Plaza stands as Miami’s sole Class AAA office tower, strategically designed to meet the needs of forward-thinking, innovation-driven companies,” said Erik Rutter and David Weitz, managing partners at Oak Row Equities. “We’ve delivered exceptional quality at this premier, mixed-use, live/work/play destination.”

Wynwood Plaza will also feature an elegantly landscaped rooftop complete with flexible seating and shaded areas, creating an ideal spot to relax or network. The tower’s features extend to a 25-foot-tall grand lobby, top-tier air filtration, touchless destination dispatch elevators and an on-site parking garage.

The expansive, stylish outdoor space will be bordered by 25,000 square feet of retail showcasing a vibrant assortment of indoor and outdoor dining; boutique shops; curated storefronts; convenience options; and fast-casual eateries. Notably, Luca Steak — an Italian-style steakhouse by acclaimed Miami chef Giorgio Rapicavoli — is slated to open at Wynwood Plaza next year.

Ahead of its opening, L&L and Oak Row have successfully leased more than half of the building’s space. Additional office tenants will include law firm Weitz & Luxenberg taking 18,000 square feet, as well as Claure Group, the investment firm of former SoftBank CEO Marcelo Claure — who is also an investor in Wynwood Plaza — occupying 25,400 square feet.

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