Is Allapattah Miami’s next Wynwood?

The most diverse, bustling working-class barrio in Miami that you’ve probably never been to, Allapattah, is supposed to be the next big thing. It’s the newest chapter in the by-now familiar Miami story of gentrification: first come the edgy art people, then the bars, and finally the big investors snapping up properties and planning big projects.

That’s all starting now in Allapattah, a working-class enclave of 45,000 people, produce suppliers and warehouse districts that borders hotter-than-hot Wynwood and smacks of the authenticity its neighbor is quickly shedding. So there’s a chance now to get a real taste of the place before it all goes to heck: The brand-new Allapattah Market.

1. What's the Allapatah Market?

It’s an open-air food and crafts marketplace run by the people from Wynwood’s popular Wood Tavern, marked its grand opening, likely only the first in a series of spots that will draw in outsiders to the neighborhood.

2. What's it like?


The market, set in the courtyard-like space at the center of a set of warehouses, features a bohío-like tiki hut and vendors’ stalls. Its operators promise a family-friendly atmosphere and, on Saturdays, some of the same vendors who attend a crafts market at Wood Tavern. Sundays feature food.

3. How should I get there?

Thanks Google Maps! Also, historic-preservation group Dade Heritage Trust added a bike tour through Allapattah, including the market, to their itinerary. Check for future dates.

190 Southeast 12th Terrace Miami, FL 33131

4. Where exactly is Allapattah?

Allapattah, which gets its name from the Seminole word for alligator, was once a rural area settled around the time Miami was incorporated in 1896. It stretches from the Miami River north to Northwest 41st Street, and from Interstate 95 (the border with Wynwood) to Northwest 27th Avenue, and is locked in relative isolation by the river, I-95 and the 112 expressway.

Technically it includes the Jackson Memorial hospital complex, but it’s better known for its big produce market and the 10 blocks of discount clothing outlets along Northwest 36th Street.

5. Why is now the time to visit?

Given the prime location, Allapattah has already been discovered by speculators looking for bargains almost certain to increase in value. So many speculators are buying homes cheaply and flipping them that, according to one report, prices are rising faster in Allapattah than in Miami Beach. Warehouse prices are rising sharply as well.

Here are what investors are doing in Allapattah:

  • 1111 Lincoln Road developer Robert Wennett paid $16 million for the famous Allapattah produce market (no plans have been announced)
  • The Rubell family has announced the move of its landmark art collection to Allapattah from Wynwood
  • McKenzie’s Allapattah warehouse home was bought last year by investor Michael Simkins for $3.58 million.

“Allapattah is rapidly transitioning from an entire local unknown to a powerful buzzword in the business, investment, design, creative uses, and artistic community,” commercial real estate broker Carlos Fausto Miranda, who has handled several high-profile sales in the neighborhood, said in an email.

Read more here: http://www.miamiherald.com/real-estate/article131584324.html#storylink=cpy

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