Ex-LA Dodgers Player Plans Wynwood Residential Tower

Key Points

• 234 Units Planned: Guerrero's AG Wyn proposes a 41-story tower with 234 apartments in Wynwood Norte.​

• Affordable Housing Focus: 94 units (40%) designated for households earning up to 120% of the area median income, aligning with Florida's Live Local Act.​

• Athletes in Development: Guerrero joins a growing trend of former professional athletes investing in South Florida real estate.​

Former Los Angeles Dodgers player Alex Guerrero is venturing into real estate development with a proposal for a 41-story residential tower in Miami's Wynwood Norte neighborhood. The Wynwood Tower project aims to provide affordable housing options under Florida's Live Local Act. This initiative reflects a broader trend of ex-athletes investing in South Florida's real estate market including ex-Yankees player Alex Rodriguez and pro-boxer Floyd Mayweather.

Project Overview 

• Location: 330, 334, 344, and 356 Northwest 37th Street, Miami.​

• Developer: AG Wyn, managed by Alex Guerrero and Ruben Rodriguez.​

• Design: The tower will feature a colorful façade with shades of red, yellow, and green, and a mural depicting a baseball player.​

• Unit Breakdown:

  • Studios, one- to three-bedroom apartments, and a four-bedroom penthouse.

  • 94 units reserved for households earning up to 120% of the area median income ($87,200 in Miami-Dade County).​

• Regulatory Status: Miami's Urban Development Review Committee scheduled the proposal for review, with the next meeting set for April 23.​

Live Local Act Incentives 

Florida's Live Local Act, enacted in 2023, encourages developers to include affordable housing in their projects by offering benefits such as increased density allowances and property tax exemptions. Under this act, developers can build up to 1,000 dwelling units per acre if at least 40% of the area's median income is designated affordable housing for households earning up to 120% of the area's median income. ​

Athletes Turning Developers 

Guerrero's foray into real estate is part of a growing trend of former professional athletes investing in South Florida's development scene. Notable examples include:​

• Jonathan Vilma: The former NFL linebacker partnered on a 102-unit affordable rental complex in Palm Beach County.​

• Mo Vaughn: The ex-MLB player proposed a 147-unit apartment building in Miami's Little Haiti neighborhood.​

These ventures highlight a shift where athletes leverage their resources and public profiles to positively impact urban development.​

Ever-Lasting Community Impact

Former NFL player Alex Guerrero is tackling Miami’s housing crisis head-on with his proposed Wynwood Tower—a bold move that blends purpose-driven development with savvy investment. As it navigates the city’s approval process, the project stands to become a blueprint for how ex-athletes can channel their influence into community impact, pairing affordable housing solutions with cutting-edge design and a fresh approach to urban real estate.