arts
Rubell family sells site near Allapattah museum to Neology for $15M
By Eman Elshahawy at The Real Deal
· June 10, 2026
· 1 min read
The Rubell real estate and art family sold a development site in Allapattah near their museum to Neology Group for $15 million, records show. The one-acre site at 1000 Northwest 23rd Street is the first part of a three-part residential project planned last year by the Rubells, Neology and Lion Devel
Key takeaway The one-acre site at 1000 Northwest 23rd Street is the first part of a three-part residential project planned last year by the Rubells, Neology and Lion Development Group.
Why this matters in The Miami
The sale of the development site near the Rubell Museum in Allapattah to Neology Group for $15 million marks a significant investment in the area's growing arts scene. The Rubell family's decision to sell the one-acre site, which they purchased in 2021 for $5.35 million, indicates a substantial increase in the area's value. The site's proximity to the Rubell Museum, a 100,000-square-foot art campus, suggests that the planned residential project will cater to the area's emerging cultural identity. As Allapattah continues to evolve, the interplay between art, culture, and development will be crucial in shaping the neighborhood's character. The involvement of local developers like Neology Group and the Rubell family's ongoing presence in the area will likely influence the project's design and impact on the community. The residential project's progression will be worth watching, particularly in terms of how it integrates with the existing arts infrastructure in Allapattah.
About this story
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Category: arts ·
Published: June 10, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? The Rubell real estate and art family sold a development site in Allapattah near their museum to Neology Group for $15 million, records show. The one-acre site at 1000 Northwest 23rd Street is the first part of a three-part residential project planned last year by the Rubells, Neology and Lion Devel
When was this published? This article was first published on June 10, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Eman Elshahawy at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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