Rilea Group broke ground on the Mohawk at Wynwood, a 300-residence mixed-use development located at 50 NE 29th St.
Comprising 12- and eight-story residential towers, Mohawk will feature 300 apartments and 29,118 square feet of ground-floor retail, organized around an open-air, cobblestone pedestrian paseo connecting Northeast 28th and 29th streets.
The project is being built by Coastal Construction and designed by Deforma Studio. Construction financing was provided by Nuveen Green Capital and ABANCA. The project is slated for completion in 2029.
Mohawk’s 27,990 square feet of ground-floor retail is for sale, with units from 642 to 2,544 square feet.
Rooftop amenities across both towers will include a pool deck, a padel court, secluded gathering areas and a dedicated dog park. Indoors, residents will find a Turkish hammam, a gym, a double-height lounge and offices designed for focused work. Recreational offerings will encompass a game room, indoor and outdoor children’s play areas, a separate lounge and bar and a private park.
L&G’s Asset Management business in the U.S. and Taurus Investment Holdings, LLC broke ground on a new two-building, 201-unit multifamily community at 292–294 Baker Ave. in Concord, MA. Thursday’s groundbreaking ceremony brought together local officials, community representatives and project partners to celebrate the start of site work. The investment and property development is being made...
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Marcus & Millichap arranged the sale of two multifamily properties at 1159-1169 and 1067-1071 Union St. in San Francisco’s Russian Hill neighborhood. Totaling 11 units, the properties sold for a combined $6.25 million after more than 50 years under the same family ownership. “This was the first time either property had been brought to market...
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Verve Senior Living has taken control of a 263-unit Ottawa seniors housing campus out of the Ashcroft Homes insolvency and plans to invest another $20M in the property over the next two years. The Ravines, at 626 and 636 Prado Private, consists of two connected buildings that were held through separate Ashcroft entities but operate...
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