The Developer intends to commence construction in March 2015 and embark on a 36-month construction timeline. The Developer estimates construction completion to be March 2017, at which point the venture would pursue aggressive leasing efforts to stabilize the building for a 2018 disposition strategy. All rental and operating assumptions have been crossed-referenced with third party operators and relevant property comparables.

The Riverfront Community is a 13.5 acre gated residential community located on the north bank of the Miami River in Miami's Central Business District. The community currently contains three main buildings, "Mint" , "The Ivy" and "Wind“ as well as three additional undeveloped parcels. Throughout the years Riverfront has been gradually developed into a recognized residential community. The site is centrally located in Miami’s CBD for easy access to the Brickell, Downtown and the new Brickell CitiCenter Development taking place on 7th Street and S. Miami Avenue (south of the Property). Additionally, Riverfront also enjoys excellent accessibility to major thoroughfares including I-95 and Biscayne Boulevard (US-1). 

Mint

A 52 story building featuring 530 units. Building amenities include a riverfront club, business Center, volleyball court, boat docks, a children’s playground, picnic and barbecue area, and more than 900 feet of river frontage. Building Architect: Luis Revuelta. 

Ivy

A 45 story building featuring 504 units. Building amenities include a business Center, volleyball court, a children’s playground, a picnic and barbecue area, and more than 900 feet of river frontage, dry cleaner, beauty salon, billiards, gourmet deli, coffee Bar, Childcare Center and a Riverfront Club. Building Architect: Luis Revuelta. 

Wind

A 41 story building featuring 489 units. Building amenities include a pool, Sky Bar, Meditation Garden, Bonfire Cove, Business Center, Racquetball Court, 900 feet of river frontage, dry cleaner, beauty salon, gourmet deli, communal kitchen and a two-story wellness center. Building Architect: Luis Revuelta. 

A recent study (Q4 2013) conducted by Focus Real Estate Advisors shows important metrics that break down the existing Greater Downtown Miami condo market (by submarket), and categorizes the uses of the units by renter occupied or owner occupied. Furthermore, it attributes a percentage total occupancy figure to the renter occupied units also known as the investment product units. The Greater Downtown Miami market shows a percentage renter figure of 56% in a total scope of 22,536 units. Moreover, the total renter occupancy for the 12,976 “investment product” units is reported at 97.5%, up 450 basis points from 2011. The growing renter occupied units and increasing occupancy clearly supports strengthening market fundamentals for the Greater Downtown Miami market. Similarly, both the Brickell and CBD submarkets (most relevant to Riverfront), show strengthening market fundamentals with a 61% renter occupied market (up from 57% in 2011) at 97.8% occupancy (up from 94.3% in 2011). 

One Broadway Multifamily - 1451 S. Miami Avenue, Miami FL

The Yacht Club - 1111 Brickell Bay Drive, Miami FL

Residences at Merrick Park - 4251 Salzedo Street, Coral Gables FL

W/A Rent $2.41/SF

Miami 21 Zoning v. Proposed

Connecting Miami with the rest of Florida

All Aboard Florida

With it's main station located just a few blocks away from Downtown 56, All Aboard Florida, is bringing together the best our state has to offer, while bringing Florida closer together in the process. By combining private resources and innovative design with a can-do spirit, The All Aboard Florida project has created an express passenger rail service unlike any other in the country. All Aboard Florida is reducing congestion on our roads, cutting fuel emissions, and increasing tourism. Most important, it’s allowing vacationers, business travelers and local residents to sit back, relax, and enjoy Miami, Fort Lauderdale, West Palm Beach, Orlando and all points in-between. Each stop is an intermodal hub, which means there are plenty of ways for people to get to their final destination from all stations.

World, Meet Miami

Miami Worldcenter

One of America's most exciting cities is giving rise to a vibrant new center. At nearly 30 acres, Miami Worldcenter achieves the heights of a world-class destination. It is within walking distance of over $3 billion in new public and private projects in mass transit, cultural institutions, recreational parks, and entertainment venues. A dynamic urban core of diversity and excitement, Miami Worldcenter brings a new energy to Miami with a compelling blend of exceptional retail, hospitality, and residential offerings in one unique location. Miami Worldcenter is one of the largest private master-planned projects in the United States, featuring a diversity of urban land use, including retail, hospitality, and residential space. Located in the core of downtown Miami, the ten-block, mixed-use development is situated immediately north of the Central Business District and is surrounded by world-class amenities and boasts convenient access to transportation. 

Miami Performing Arts / Museum Development

Museum Park

The Perez Art Museum Miami and the Phillip Frost Museum of Science are currently being developed to become two landmarks at the heart of Downtown’s Museum Park. The Phillip Frost Museum of Science set to open early 2015 had a total project cost of $165 million for 250,000 SF. Groundbreaking features in the museum will include a 600,000 gallon aquarium, an indoor shark tank, and a 3D Planetarium. The Perez Art Museum, a $200.0 million development, is a modern and contemporary museum dedicated to collecting and exhibiting international art of the 20th century.

Adrienne Arsht Center / New World Symphony

The recently developed $470.0 million Adrienne Arsht Center located on Biscayne Boulevard in the Omni neighborhood of Downtown Miami is one of the largest performing arts centers in the United States encompassing 570,000 SF. The New World Symphony is a Frank Gehry designed performing arts academy located in South Beach. The recently developed structure cost $160.0 million. It is the United States’ only full-time orchestral academy capable of preparing musicians for careers in symphony orchestras and ensembles.

Shopping, Dining & Neighborhood Growth

Miami Design District

In the past ten years, the design district, just north of Midtown Miami has gone from an underdeveloped niche design area into a retail district and night time destination for fine-dining, entertainment and shopping. The Design District is currently funded by Louis Vuitton Moet Hennessy Group (LVMH) to transform the area into a combination of Rodeo Drive and SoHo New York. Thus far, various high end retail brands have opened stores in the design district. LVMH is set to inject $300.0 million into a open air retail promenade which will feature 100 stores, 20 restaurants, two department stores a boutique hotel a condominium tower and five parking garages.

Brickell City Centre

Swire Properties is developing a $1.1 billion multi-generational, mixed- use project taking over four full blocks in downtown Brickell. The project is to be called Brickell CitiCentre and will include an assortment of office and residential condominium space anchored by a 520,000 SF retail center. Swire Properties has partnered with the Whitman Family, owner’s of Bal Harbour Shops, Miami’s most prominent retail destination with the highest sales per square foot in the United States. The joint venture is strategically implemented in order to circumnavigate Bal Harbour's strict tenant area rules. The Brickell CitiCentre development is located within walking distance from the Property. End buyers will benefit from the close proximity to a multi-generational retail destination. 

Miami's Art Impact

Miami’s art influence over the past decade has attracted visitors from every corner of the world and commenced an awareness phenomenon that has transformed Miami’s perception to one of sophistication and novelty. The genesis of this influence commenced with events like Art Basel and Art Wynwood. 

Art Basel Miami

Art Basel Miami Beach, a spinoff of the art fair held annually in the Swiss city for decades, first opened to the world in 2002. While the fair, featuring more than 260 leading international galleries from across 31 countries, serves as a platform for galleries to sell to prominent collectors, the week surrounding it is packed with posh parties at chic hotels sponsored by high-priced clothing, jewelry and car companies. This event has gained astounding traction in Miami, as 75,000 visitors fly into Miami for the fair. Art Basel reported 100,000 visitors while ArtMiami, now in its 24th year estimated 72,500 visitors, and more than $100 million in sales, up from $80 million in 2012. 

Wynwood Walls

The Wynwood neighborhood, a once-blighted area just north of downtown Miami, is now home to graffiti murals by world famous artists and galleries that attract collectors from around the world. The Wynwoof Art District is a sub-district of Wynwood that contains over 70 galleries, museums and art collections. It is roughly bounded by North 36th Street (north), North 20th Street (south), I-95 (west) and Northeast First Avenue (east). The second Saturday night of every month, is "ArtWalk" in Wynwood, and the art galleries and studios open their doors to the public for viewing. Wynwood is also home to Wynwood Walls, an outdoor mural permanent exhibit featuring some of the worlds most renowned street artists. Additionally there are hundreds of other street art and graffiti murals around the district curated yearly by Primary Flight making it one of the biggest street art districts in the world. 

Integra Investments

Integra was founded by a team of experienced real estate professionals as a value oriented real estate investment company that targets opportunistic real estate ventures in the Florida market. The team’s extensive resources and experience in real estate has afforded the execution of numerous successful transactions and projects. These resources include vast knowledge in the field of acquisition development and construction management. Integra currently has a diversified portfolio of land and income producing assets including a 141,000 SF Class A Office Building in Downtown Miami, 24 acres with 157 units in Old-Town Key West, 13 buildings with 116 residential units in the Bay Harbor Islands, as well as 4 high- profile tower buildings sites in Downtown Miami. Integra’s execution capacity is one of its major strengths, as it is comprised of individuals with extensive experience, as well as proven track records. 

Stiles, Inc.

Stiles is a full-service commercial real estate firm with a clear mission: Invest, Build, Manage. With its diverse capabilities, Stiles has achieved a stellar reputation for excellence and market leadership within the real estate industry. In addition to Development, Construction, Architecture, Realty and Property Management, Stiles also specializes in Financing, Acquisitions and Repositioning. The company is responsible for more than 40 million square feet of office, retail, residential, mixed-used and industrial projects throughout the southeastern United States. Since 1951, Stiles has played a vital role in South Florida’s rise to prominence.

The company’s development portfolio consists of iconic class A, downtown office high-rises as well as suburban offices, grocery anchored retail centers, expansive corporate parks, luxury urban residential projects and land development. As one of the first commercial developers to integrate master planning of commercial properties into corporate parks, Stiles is a leader in developing environmentally friendly, energy-efficient buildings. In addition, the company takes full responsibility as the owner’s representative, securing all required entitlements, approvals and permits, as well as maintaining a continuous dialog with governmental agencies.

Stiles Construction boasts a history of award-winning projects, which has led to its reputation for success and leadership within the industry. The group is committed to completing quality projects on time, within budget and to specification. Most importantly, as an owner itself, Stiles Construction builds each project from an owner’s perspective. This unique and foundational component of the Stiles ethos is the underlying sentiment that helps to guide the decisions and practices of our partnership. Stiles’ dedication to producing excellent results has helped to build the company’s list of distinguished repeat clients and partners, including: Wayne Huizenga, City Furniture, Guggenheim, Prudential Real Estate Investors, Halmos Holdings and Tribune Company. In addition, our financial strength and “human capital” have allowed us to build long-term relationships with major U.S. lenders such as Bank of America Corporation, Wells Fargo & Company. In addition to its Ft. Lauderdale headquarters, Stiles maintains regional offices in Miami, Tampa, West Palm Beach, Naples, Ft. Myers and Orlando, Florida as well as Charlotte, North Carolina. 

Forse Holdings

Description...

Zyscovich Architects

Since the firm's early inception in 1977, the goal has always been to establish a company that can really provide high-value services for design-specific issues while placing "social betterment" at the core of everything they do. 

Zyscovich Architects runs the spectrum from transportation to schools, commercial to public-private partnerships, to recreational and master plans for cities. 

From iconic urban planning and design projects like Brooklyn, New York's DUMBO Heights, to Midtown Miami and Miami Beach’s Convention Center redevelopment district, to Latin America's largest commercial airport in Bogota, Colombia, the Zyscovich approach to urban design and master planning is gaining national momentum, while earning international recognition.

In the private sector, the firm has developed new neighborhoods and buildings that incorporate residential, shopping, hotel and commercial use.

Zyscovich Architects is headquartered in Miami, Florida with offices in New York City, Orlando, West Palm Beach and Bogota, Colombia.