Great video! My only suggestion is adding a photo of what the projects would look if complete during editing. Great to see Wynwood coming along, I hope to visit again some day when more is done.
Hi Ryan! As a resident of this area, living in one of these newer buildings, we are not seeing residents moving into the area at all. In fact, we’ve seen increased vacancy. I’ve heard rumors that a lot of these buildings were approved financing during Covid era and it’s just took this long for the build and final plans to begin. It appears that a lot of these buildings are sitting empty! And the retail you mention has either changed hands at least twice already or gone out of business in 3 months or hasn’t been leased at all. My question to you is where do you think the residents will come from who can afford rent? Want to rent in that area? Also, as a non car owner, it’s not easy to get around on foot in the neighborhood, little to no shade, broken streets and crazy drivers with no police enforcement. There are also no grocery stories or pharmacies in Wynwood. No green spaces…, just not a lot of value added. In the last 3 years, we’ve seen more people leave than come in. Thoughts on that? It’s going to take more than new or luxury buildings to lure people in.
Yep I agree with your comment. It’s going to take a looooong while before this area picks up again. I think we are in a downward part of this current real estate market. Miami always has ups and downs, and now we are in a down one. In my humble opinion, It’s actually good and healthy for the market.
The Developers are turning Wynwood into a CONCRETE JUNGLE. “THIS IS MIAMI !”Where are the PALM TREES, the LIVE OAK TREES & the BEAUTIFUL LANDSCAPING ? “HARDLY ANY !”
Great video! My only suggestion is adding a photo of what the projects would look if complete during editing. Great to see Wynwood coming along, I hope to visit again some day when more is done.
Very informative video; thanks very much!
The real Miami Real Estate expert!
Thank you for making this. But in the future, focus more on the buildings rather than the empty lots!
Hi Ryan! As a resident of this area, living in one of these newer buildings, we are not seeing residents moving into the area at all. In fact, we’ve seen increased vacancy. I’ve heard rumors that a lot of these buildings were approved financing during Covid era and it’s just took this long for the build and final plans to begin. It appears that a lot of these buildings are sitting empty! And the retail you mention has either changed hands at least twice already or gone out of business in 3 months or hasn’t been leased at all. My question to you is where do you think the residents will come from who can afford rent? Want to rent in that area? Also, as a non car owner, it’s not easy to get around on foot in the neighborhood, little to no shade, broken streets and crazy drivers with no police enforcement. There are also no grocery stories or pharmacies in Wynwood. No green spaces…, just not a lot of value added. In the last 3 years, we’ve seen more people leave than come in. Thoughts on that? It’s going to take more than new or luxury buildings to lure people in.
Yep I agree with your comment. It’s going to take a looooong while before this area picks up again. I think we are in a downward part of this current real estate market. Miami always has ups and downs, and now we are in a down one. In my humble opinion, It’s actually good and healthy for the market.
The Developers are turning Wynwood into a CONCRETE JUNGLE. “THIS IS MIAMI !”Where are the PALM TREES, the LIVE OAK TREES & the BEAUTIFUL LANDSCAPING ?
“HARDLY ANY !”
Thank you for making this. But in the future, focus more on the buildings rather than the empty lots!