New York-based Thor Equities has started work on a mixed-use retail and restaurant development Wynwood Walk in Miami. Plans call for a new two-story building with 20,400 square feet of commercial space and the renovation of three existing warehouses with another 36,884 square feet of commercial space. Once completed in November of 2018, the project will encompass a total of 63,000 sqf of new retail and restaurant space, including 6,000 sqf on a green rooftop with 300 feet of frontage on Northwest Second Avenue. Thor paid $41.5 million for the entire block in September 2015, which was the former home to Lehman Pipe & Plumbing Supply. The developer has recently secured a construction loan from Bank of the Ozarks for the scheme located at 2800 Northwest Second Avenue.
