Why not? I understand the zoning there, but there is still ample room for small apt. complexes and ample room to refit warehouses as live/work......Do people just not want to live there?

Agreed. I think the area is perfect for young creative people. I would love to live there in a nice affordable studio.

I have seen plans to convert some properties to residential

There are so many great little houses in the area north of 395 (I know it's not all Wynwood, but in particular I'm thinking East of Biscayne around like 29th street), it would be really great to see them purchased and turned into nice places to live. Some of them have some great character, but are just in a state of complete disrepair.

Nearby Buena Vista, Little Haiti, Allapattah and Lemon City are all mostly quaint, historic homes. They have charm, but the neighborhoods can be dicey. The Buena Vista Historic District is already becoming more and more popular with the more adventurous, buying the houses and renovating them to their historic character. Gentrification is starting to spread into Lemon City and Little Haiti.

As an artist who was in south beach 25 years ago, the issue of housing in wynwood baffles me. Back then we all moved into south beach and believe me when I tell you, it was more than dicey. Wynwood, north of 29th, south of 36th, from Miami ave, E to I-95 has some wonderful housing stock. But it seems as though all of the people that go there to be "creative" during the day, head to the beach, brickell and coral gables to sleep. I don't get it. Yes, the neighborhood is a bit gamey, but so what? That is where we got our inspiration. We did not have a pot to piss in, but we could live cheaply and make art. Wynwood's residential areas have nice streets, sidewalks for walking and great local stores (try la Guardia fruit and vegetable on nw 34 and nw 2 ave.) I guess it is just a different type of gentrification. And as to the person commenting about buena vista east being "up and coming", dude, that horse has left the stable. There is no house in there for less than 250k and that would be a gut renovation.

From Miami Urbanist:

Goldman Properties Announces Two Wynwood Residential Projects


. Goldman Properties has recently announced a residential development on the corner of NW2nd Ave and NW 27th Street (NW corner). Wynwood desperately needs more eyes on the street and density with full time residents. Goldman Properties has recently announced a residential development on the corner of NW2nd Ave and NW 27th Street (NW corner). I’m not 100% sure if they will be condos or rentals. Wywnood it mostly zoned T5, meaning you can’t build higher than 5 stories. Goldman Properties also has a smaller project for an existing building located on the north side of the 300 block on NW 26th Street. This project will have retail on the ground floor with loft style apartments on the second and third floors. The project is called Wynwood House and it won’t be entry-level priced product either. It sounds like they expect to get Brickell-like prices and the units will be larger live/work spaces with high ceilings.



Other than some run down singly-family homes and a handful of poorly maintained multifamily apartments, Wynwood has very little residential housing stock. Don’t get me wrong; some of the single-family homes and multifamily buildings between NW 2nd Ave and North Miami Avenue are beautiful, they just need a little TLC. Wywood Lofts, built by David Lombardi in 2005, is really the only quality residential housing in Wynwood. Coming soon to Wynwood, is the long-stalled Filling Station project that just sold for $9.2 million. Metro 1 Properties will be handling the leasing of this project. FLS Development will invest $11 million to complete the project by the first quarter of 2014. Includes 81 loft apartments and ground-floor retail. Work has already begun. According to StreetEasy there are only two residential properties for sale in Wynwood. A unit at Wywood Lofts just recently sold for $320,000. For those of you looking for a piece of Wynwood you may fancy this deal- Two single family homes and a 4-plex. This opportunity is 1 block away from the new Goldman Properties residential project and around the corner from Ducati’s new flagship showroom.