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Introducing Cloud One Hotel & Residences in Wynwood
A new project is set to transform Wynwood, a dynamic neighborhood in Miami known for its vibrant street art and cultural scene. German developers, including the ALP.X Group, Motel One, and Büschl Group, are launching sales for the Cloud One Hotel & Residences, which promises a unique blend of luxury condos and hotel amenities. With prices starting in the $500,000s and averaging $1,250 per square foot, the project is likely to attract interest from local homeowners and investors alike.
What to Expect from Cloud One
Located on a nearly 1-acre site at 2215 Northwest First Place, the Cloud One development will feature 85 upscale condos alongside a 214-key hotel within an eight-story building. The design comes from renowned firms HWKN and ODP Architects, aiming to create a modern yet inviting space. Condominium buyers will enjoy exclusive access to hotel perks, including a rooftop pool, fitness center, and curated art from Goldman Global Arts.
A New Opportunity in an Evolving Neighborhood
The Wynwood area has seen tremendous growth, both residentially and commercially, making it an attractive location for potential buyers. Most recently, it has become a hub for new businesses, with companies relocating their headquarters into the neighborhood. Cloud One aims to be the first traditional hotel with a condo component in Wynwood, setting a precedent for future developments.
Investment Outlook and Market Trends
Real estate in Wynwood has been increasingly popular, particularly among home buyers looking for flexibility with short-term rentals. The impending launch of Cloud One is expected to cater to this demand, with over 60% of the units being one-bedroom condos. Developers also plan to extend the Cloud One brand to other cities, such as Miami Beach or even Nashville, showing confidence in the market's growth.
For Florida homeowners and prospective buyers, the Cloud One Hotel & Residences could represent an exciting investment opportunity. With a focus on quality finishes and walkable designs, it promises to enhance the lifestyles of those who choose to call Wynwood home.
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