Rilea Group held a groundbreaking ceremony on September 23, 2026, for Mohawk at Wynwood, a 300-residence luxury rental and mixed-use development rising at 50 NE 29th Street in Miami's Wynwood neighborhood, with completion targeted for 2029.

What is being built at 50 NE 29th Street in Wynwood?

Mohawk at Wynwood will deliver 300 luxury rental residences alongside ground-floor mixed-use programming at 50 NE 29th Street, positioned by Rilea Group to serve as a physical and cultural bridge between the Wynwood Arts District and Midtown Miami. The site sits near the informal seam separating two of Miami's most commercially active urban neighborhoods, making the project's connector role as much a planning statement as a marketing one.

Who is building Mohawk at Wynwood and what is their track record?

Rilea Group is developing Mohawk at Wynwood in partnership with Coastal Construction, marking the sixth collaboration between the two firms. The Rilea–Coastal Construction team previously delivered 1450 Brickell, a landmark office tower in Miami's financial district, and is currently managing construction of Banco Santander's U.S. headquarters at 1401 Brickell Avenue.

  • Coastal Construction is Rilea Group's contractor of record for the sixth consecutive project.
  • Previous Rilea–Coastal deliveries include 1450 Brickell, one of Miami's premier Class-A office addresses.
  • The partnership's active workload includes Banco Santander's U.S. headquarters at 1401 Brickell Avenue, currently under construction.

Who is financing the Mohawk at Wynwood construction?

Construction financing for Mohawk at Wynwood was provided jointly by Nuveen Green Capital and ABANCA, a Spain-based bank with a growing presence in U.S. real estate lending. The pairing of a green-focused institutional lender with a European bank reflects a broader trend of international capital targeting Miami's urban residential pipeline.

  • Nuveen Green Capital specializes in sustainability-linked construction and commercial real estate financing.
  • ABANCA is a Spanish bank that has expanded its U.S. lending activity in recent years.

What does Mohawk at Wynwood mean for the Wynwood neighborhood?

Mohawk at Wynwood adds 300 luxury rental units to a Wynwood corridor that has seen sustained multifamily development pressure since the neighborhood's rezoning efforts earlier this decade. The project's location at the northern edge of Wynwood, abutting Midtown Miami, signals continued developer confidence in the area's residential absorption capacity heading into the late 2020s. Completion is scheduled for 2029.

Original reporting by PROFILEmiami.