National developer PMG and LNDMRK Development have officially broken ground on the Twenty Sixth & 2nd Wynwood Residences, an eight-story boutique condominium project located at 2600 NW 2nd Avenue in Miami’s vibrant Wynwood neighborhood. The development secured a significant $126 million in construction financing, signaling strong investor confidence in the burgeoning area.
Key Takeaways
- The project features 233 fully finished and furnished residences, with some including deeded office suites.
- Owners will have the unique ability to host on Airbnb year-round, supported by on-site management.
- The development boasts over 32,000 square feet of wellness-focused amenities and 26,000 square feet of ground-floor retail.
- Construction financing was provided by Madison Realty Capital and Siguler Guff.
- The project is already 73% sold, with an expected completion in the second quarter of 2028.
A New Standard for Urban Living
Twenty Sixth & 2nd Wynwood Residences aims to redefine urban living by offering unparalleled flexibility for its residents. The development is notable for being the first in the area to allow owners to list both their residence and private office on Airbnb for 365 days a year. This unique offering is supported by comprehensive on-site management services, blending hospitality-level service with the convenience of ownership flexibility.
Each residence will feature high-end finishes, including fully built-out closets, premium appliances, Italian bathroom cabinetry by ITALKRAFT, and fixtures by WaterWorks. The residences range from studios to one-bedroom homes with dens, with prices starting from $500,000 up to $1 million.
Design and Amenities
Designed by architecture firm CUBE 3, the building’s aesthetic is intended to reflect the artistic character of Wynwood. Beyond the residences, the development will offer an extensive array of wellness-focused amenities spanning over 32,000 square feet. These include a glass house for meditation and yoga, tranquil gardens, a thermal circuit with steam, sauna, and cold plunge, private treatment rooms, and a state-of-the-art fitness studio.
Residents will also enjoy The Sky Swim Lounge, featuring a rooftop pool with cabanas and lush landscaping, an outdoor bar, and private alcoves. Additional conveniences include 24-hour valet service, sports equipment storage, and on-site property management.
Retail and Community Integration
The project also includes 26,000 square feet of ground-floor retail space, designed to enhance the neighborhood’s vibrant streetscape. ASG Equities, the seller of the land, will retain ownership of the retail component and a minority interest in the residential portion. In homage to Wynwood’s artistic heritage, the development will feature curated custom art installations throughout its common spaces, further integrating it with the local culture.
Strategic Partnerships and Future Outlook
The successful groundbreaking and financing underscore the strong demand for innovative residential offerings in Miami’s dynamic markets. Ryan Shear, Managing Partner at PMG, expressed confidence in the project’s ability to set a new standard for modern urban living. Josh Zegen, Co-Founder and Managing Principal of Madison Realty Capital, highlighted PMG and LNDMRK’s strong track record and the project’s potential to contribute to Wynwood’s continued evolution.
With an expected completion in Q2 2028, Twenty Sixth & 2nd Wynwood Residences is poised to become a significant addition to the Wynwood skyline, offering a unique blend of luxury living, flexible work-from-home options, and vibrant community engagement.