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TUE 08.18.202630-YR 6.67%10-YR 4.720.04HOMEBUILDERS 0.95%Newsletter

PMG, LNDMRK Pour Foundation for Wynwood's 26th & 2nd Tower

City of Miami permit records confirm the general contractor of record and show the full-vertical construction permit cleared on August 13, the buyout signal subcontractors need.

Edited by Stephanie Cook · How we report
233Units
8Stories
$126MConstruction loan
Q2 2028Targeted completion

PMG and LNDMRK Development have completed the foundation pour at Twenty Sixth & 2nd Wynwood Residences, the eight-story, 233-unit condominium rising at 223 NW 26th Street and 2600 NW 2nd Avenue in Wynwood. City of Miami permit records, pulled directly, confirm John Moriarty & Associates of Florida Inc as general contractor of record, and show the city issued the project’s full-vertical construction phase permit on August 13, five days before this report, the clearest signal yet that the trade buyout is underway now.

Why it matters

For subcontractors bidding South Florida work, this project has moved past the paper stage. The foundation pour ran roughly a month, starting June 1 with the bulk concrete placed June 8, and the tower crane went up in mid-June to start vertical work. With the city’s phased “full vertical” permit now active, PMG and LNDMRK’s team at John Moriarty & Associates is buying out structural, mechanical, electrical and plumbing packages for an eight-story building designed by Cube 3, with interiors by Cotofana Designs. The county permit trail also shows Power Design Inc holding electrical scope and JGR Construction Inc on a shoring and re-shoring phased permit, both live leads for trades still chasing packages on the job.

The numbers

The building will deliver 233 studio and one-bedroom residences, some with dens and dedicated office suites, plus roughly 26,000 square feet of ground-floor retail across 475 linear feet of NW 2nd Avenue frontage and more than 32,000 square feet of amenity space. PMG and LNDMRK secured a $126 million construction loan ahead of their May 2026 groundbreaking. City permit records show a $100,000 valuation on the excavation and pile-driving phase alone, filed under general contractor John Moriarty & Associates, with the master vertical permit application, BD24029039, now active as of August 13.

What’s next

Vertical construction follows through the project’s Q2 2028 targeted delivery, tracking the same phased-permit sequence, excavation, shoring, then full vertical, that the city has already approved. The building leans into a live-work concept, pairing residences with deeded office suites partnered for Airbnb hosting, a bet on Wynwood’s arts-district foot traffic that will only pay off if the South Florida building boom keeps absorbing new inventory at the pace it has this year.

Sources

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