400 (MIAMI II)
BISCAYNE BOULEVARD, MIAMI
EQUITY INVESTMENT: $40,484,720
TOTAL UNITS: Over 690 residential rental units, 20,000 sq.ft. of commercial space
DEVELOPER PARTNERS: Property Markets Group
Greybrook invested equity capital alongside Property Markets Group and will oversee their development of the project at 400 Biscayne.
Located at 400 Biscayne Boulevard, the property features unobstructed waterfront views of Biscayne Bay, Miami Beach, South Beach and the Atlantic Ocean. The development site also provides future tenants convenient access to everything the downtown Miami core has to offer. The property is adjacent to Bayside Marketplace, Bayfront Park, American Airlines Arena, and one block northwest of Miami Worldcenter.
Completion value*: $470,000,000
*Total completion value estimated at time of investment.