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Art District
Art District
About

MIAMI’S ARTISTIC HOT SPOT: The Wynwood Art District is a unique neighborhood in Miami’s urban core where countless industrial warehouses have been redeveloped and covered with the murals of world-renowned artists, such as Shepard Fairey. In fact, Wynwood is one of the largest open-air street art installations in the world and is home to more than 70+ art galleries, making it a natural extension of Art Basel. Wynwood is strategically located within close proximity to other neighborhoods, including Midtown, the Miami Design District, downtown Miami, and the MiMo District.

Location: Miami, Florida

Wynwood

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Wynwood Miami
Wynwood Miami

GARNERING INTERNATIONAL ATTENTION:

•“Coolest Neighborhood in the World” – Vogue magazine, “America’s Best Hipster Neighborhood” – Forbes magazine

• As the world’s most recognized art event, Art Basel has attracted more than 500,000 visitors (in addition to the South Florida community) to satellite events hosted in Wynwood

• Second Saturdays is a monthly event formed by independent artists in order to promote their spaces and bring more customers into their business and the neighborhood in general; the highly popular event now attracts upwards of 3,000-5,000 per evening

EVER-INCREASING VALUE:

• Newly looked to as Miami’s most sought-after real estate market, Wynwood has experienced phenomenal appreciation in real estate values over the past decade

• The insatiable demand of the last few years has served to more than double the rental rates in for retail, office and residential properties

• Average rental rates have gone from $20/SF to $60/SF over the past five years (25% CAGR) and rents continue to increase as international and national high fashion retailers, and cutting edge restaurants and nightlight continue to seek out space in the area