The Wynwood Walls attraction, a long-time focal point of Miami's art district that features murals by some of the world's, but not Miami's, biggest artist will close next month and be replaced by a mixed-use condominium that features a Walgreens and Capital One Cafe as its anchor tenants.
"Wynwood has finally gotten to the point where developers don't need to maintain the independent, artistic elements of the community that originally attracted attention to the neighborhood," said the property's new owner Whocares Fakename who plans to develop six luxury condominiums around the neighborhood in the next year. "Sure, people like art, but they will love our terrace views of Panther Coffee, custom granite counter tops, and doorman who used to live two blocks away but now has to live in Miami Gardens and commutes."
Urban planning specialists refer to this stage of municipal development as the "deculturalization" stage.
"Independent theaters and gathering places are great and all, but people really want to live in luxury condos in Wynwood. What am I supposed to do? Not build them and make lots of money?" said Mr. Fakename. "All these new residents are going to need a corner store, and that's why I'm so excited about our partnership with Walgreens."
The Wynwood Walgreens will feature a pharmacy and be open 24-hours. "We want to honor the neighborhood's history, so the inside of our Walgreens will feature a custom graffiti of those same goddamn aholsniffsglu eyeballs he's been putting on everything for a decade. People love those eyeballs. It's so hip and anti-corporate," said Walgreens corporate manager Melissa Howard.
Reed Paulson, the CEO of an as-yet-to-be-developed Blockchain business who has lived in Wynwood for 6 months said that while he is sad to see Wynwood institutions like O-Cinema close, he is excited for what it means for his community.
"Independent theaters are great and all. I mean, Garden State is so deep, but if we get 10 highrises along NW 2nd they're legally required to build a Whole Foods. That would be huge for property values."