Real Estate News
Moxy Hotel Wynwood Construction Initiated
Craft Construction Starts First Branded Hotel Located in Iconic Wynwood Miami for Baywood Hotels and Dolphin Capital Partners
Craft Construction Company initiated construction on The Moxy by Marriott hotel in Wynwood for Dolphin Capital Partners and Baywood Hotels. The Moxy Wynwood is the first branded and most central hotel being developed in Wynwood, Miami. Wynwood is one of the fastest growing and most vibrant central neighborhoods of Miami.
The 16,400-square-foot site is located east of Second Avenue 255 Northwest 25th Street. The project includes a 120-room Moxy Hotel to be managed by Baywood Hotels and 28,000 SF of vibrant Food & Beverage, Lounge Club and Rooftop spaces to be managed by one of the top F&B operators in the Miami.
"Craft is honored to bring our expertise to this project in iconic Wynwood. Our team carefully reviewed the complexities of this site to ensure a smooth process for our client and the surrounding community, said Barry Craft, President of Craft Construction. "It is a pleasure to bring such a beautiful property to fruition".
The project is a joint venture of Dolphin Capital Partners, led by Miami Beach-based founding partner Pierre Charalambides, and Baywood Hotels, led by Al Patel and Chris Desai. The Moxy is the 9th project Craft Construction has completed for Baywood Hotels.
"Moxy is Marriott's fastest growing brand targeted towards millennials who like vibrant public spaces combined with functional and practical rooms in the center of gateway cities and we felt Wynwood was the perfect environment for this product." shared Chris Desai, SVP for Baywood Hotels. "We have worked with the team at Craft Construction Company for 10 years and look forward to another successful project."
Construction is scheduled to complete in the second quarter 2023.
For more information, visit: https://craftconstruction.com/portfolio/the-moxy/
About Craft Construction
Headquartered in South Florida, Craft Construction is a privately held construction company whose leadership team has served led some of the nation's top 50 ranked builders. The company has completed over $4 billion in construction with a broad portfolio throughout Florida primarily in the hotel, club, residential, senior residential, industrial and health markets. www.craftconstruction.com
About Baywood Hotels
Established in 1975, Baywood Hotels, Inc. is a fast-growing hospitality management and development company, operating $1 billion in assets and employing over 3,000 associates nationwide. The company is headquartered in Columbia, MD and has regional offices in Denver, CO; Miami, FL; Rochester, NY, San Antonio, TX and Northern VA. Baywood Hotels' portfolio includes well-known brands, such as Marriott, Hilton and InterContinental Hotels Group, as well as several independent brands. www.baywoodhotels.com
