18 NW 23rd Street Wynwood

18 NW 23rd Street is a planned 12-story condominium in Wynwood, Miami, FL 33127, on a former Salvation Army parking lot on the same block as the Arlo Wynwood hotel. The L-shaped site fronts NW 23rd Street, North Miami Avenue and NW Miami Court. The developers have not released a marketing name. New York-based Alchemy Properties, through Alchemy-ABR Investment Partners, is developing it with Miami's Breakers Capital and capital partner Galapagos Global Capital Management. Arquitectonica designed the building, MKDA is doing the interiors and Beauchamp Construction is the general contractor. Plans call for 186 condominium residences in studio, one-, two- and three-bedroom layouts, in about 206,000 square feet of residential space. The ground floor holds about 13,500 square feet of retail, and a 167-space garage sits behind an art-clad facade, as Wynwood's design rules require for podium parking. The 2023 design-review filing for the earlier rental version put the building's height at 178 feet. Amenities cover more than 30,000 square feet indoors and out, including a fitness center, a rooftop pool, event spaces, indoor and outdoor lounges, co-working space and a pet spa. Renderings show a white frame grid with copper-toned accents and a tall glass bay over the main frontage, with colorful art panels and storefronts along the street. Alchemy bought the roughly 36,000-square-foot lot from The Salvation Army for $18 million in September 2022 and first planned about 178 rental apartments. In August 2025 the team switched the project to condominiums, said it was fully entitled, and set targets of early 2026 for a sales launch and the first quarter of 2027 for a construction start. As of November 2026 no sales launch, project name, pricing or floor plans had been announced, and the county property roll still listed the site as vacant land. The site is a few blocks from the Wynwood Walls and the restaurants and galleries of NW 2nd Avenue. Join the waitlist to hear when sales open, and compare the project with other Wynwood pre-construction condos on REHUB Miami.