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Spring Garden Apartments Representative Exterior Rendering Exterior Representative APARTMENTS OFFERING MEMORANDUM – DEVELOPMENT LAND SITE LAND DEVELOPMENT – MEMORANDUM OFFERING SPRING GARDEN GARDEN SPRING U MIAMI RYDER ALLAPATAH ANESTHESIOLOGY TRAUMA CENTER JACKSON OCCUPATIONAL HEALTH DUBBED "THE NEW WYNWOOD" JACKSON MEMORIAL HOSPITAL VA HOSPITAL JACKSON HEALTH SYSTEMS UM DIABETES SANTA CLARA METRORAIL RESEARCH INSTITUTE U MIAMI JACKSON PEDIATRIC HOLTZ CHILDREN CIVIC STATION HOSPITAL METRORAIL LOIS POPE LIFE CENTER ROSENTIEL MEDICAL RESIDENTIAL TOWER SCIENCE BUILDING U MIAMI HEALTH FITNESS & MEDICAL & PROFESSIONAL OFFICE WELLNESSCENTER 132,000 SF SPRING HILL SUITES 75K SF OF RETAIL U MIAMI MEDICAL SCHOOL M D COUNTY 836 EXPRESSWAY 180,000 VPD UNIVERSITY ECONOMIC HOSPITAL DEVELOPMENT M D COUNTY PUBLIC HEALTH TRUST LAND SITE DEVELOPMENT OPPORTUNITY LOCATED IN MIAMI, FLORIDA Walker & Dunlop Investment Sales (“WDIS”) is pleased to present an AREA REDEVELOPMENT approximately one-acre land parcel (the “Property”) located a short walk from Slated as the “last remaining stretch of undeveloped waterfront property”, the the the University of Miami Medical School, Jackson Hospital and the Miami Miami River District has recently benefitted from billion dollar investments River. The parcel is centrally located within the River District, Health District from global real estate giants such as The Related Group, Swire Properties, and Downtown Miami. Chetrit Group and Mill Creek Residential. David Beckham can also be added to that list with the recent approval of his new $300M soccer stadium. IN THE CENTER OF IT ALL Currently underway only a short distance from the Property is the River Landing Development. This $300M project is leading the way for the PROPERTY revitalization of the Miami River and will offer 450K SF of retail and The parcels address is 1025 Spring Garden Road, Miami, FL 33136. restaurants, 2,000+ parking spaces, and 1,500 feet of riverfront park. The property folios are: 01-3135-006-0310 01-3135-006-0311 01-3135-006-0312 ACCESSBILITY 01-3135-006-0320 01-3135-006-0120 01-3135-006-0130 The property is located only one mile from I-95 and 1/10th of a mile to the Zoned T-6-8-O, the seller has worked with the City of Miami to increase Dolphin Expressway, allowing easy access to the Miami International Airport, the allowable density to 193 units. Downtown Miami, Miami Beach and the rest of the tri-county area. The property offers a rare development opportunity located within Miami’s In addition, the site is two to three blocks from the Culmer Metrorail Station. Health/River District that offers both walkability and proximity to key retail The Metrorail system is a 25-mile dual track transit system that will provide services. In addition, the property is located just off of the Dolphin Expressway quick and easy service to Miami International Airport and runs from Kendall (SR 836) which offers tremendous visibility with about 175,000 cars traveling through South Miami, Coral Gables and downtown Miami. by per day. Within a 5-mile radius, the median household income is $63,000, 35% higher than the tri-county area. EMERGING SUBMARKET ENJOYING PROXIMITY TO EMPLOYMENT, NEW DEVELOPMENT ACROSS INCLUDING ALMOST 32M SF OF MULTIPLE ASSET CLASSES INCLUDING OFFICE WITHIN A 3-MILE RADIUS THE RIVER LANDING SHOPS CENTRALLY LOCATED WALKSCORE WALKSCORE WALKSCORE - WITHIN MIAMI’S CBD, RANKED RANKED "VERY RIVER DISTRICT AND "GOOD "VERY WALKABLE" HEALTH DISTRICT TRANSIT" BIKEABLE" MIDTOWN $1.9B annual payroll 45,000 jobs 95 Day-time populationof 79,000 2nd largest and densest employment center in Miami 2nd largest health district in WYNWOOD the US (after Houston) 153 acres ALLAPATAH DECLARED HEALTH NEW WYNWOOD DISTRICT ALLAPATAH SPRING GARDEN 836 APARTMENTS RIVER LANDINGS BECKHAM'S PROPOSED MIAMI MARLINS SOCCER STADIUM CBD ARENA BRIGHTLINE STATION LITTLE HAVANA APARTMENTS SPRING GARDEN GARDEN SPRING U MIAMI RYDER ALLAPATAH ANESTHESIOLOGY TRAUMA CENTER JACKSON OCCUPATIONAL HEALTH DUBBED "THE NEW WYNWOOD" JACKSON MEMORIAL Visibility to HOSPITAL VA HOSPITAL JACKSON HEALTH SYSTEMS UM DIABETES 175,000 CARS SANTA CLARA METRORAIL RESEARCH INSTITUTE PER DAY on 836 U MIAMI JACKSON PEDIATRIC HOLTZ CHILDREN CIVIC STATION HOSPITAL METRORAIL LOIS POPE LIFE CENTER One metrorail stop ROSENTIEL MEDICAL RESIDENTIAL TOWER SCIENCE BUILDING INTO THE U MIAMI HEALTH FITNESS & MEDICAL & PROFESSIONAL OFFICE HEALTH WELLNESSCENTER 132,000 SF DISTRICT SPRING HILL SUITES 75K SF OF RETAIL (north). U MIAMI MEDICAL SCHOOL M D COUNTY 836 EXPRESSWAY 180,000 VPD UNIVERSITY ECONOMIC HOSPITAL DEVELOPMENT One metrorail stop to M D COUNTY PUBLIC HEALTH TRUST BRIGHTLINE STATION (south). Marching distance to LAND SITE David Beckham’s ESTIMATED $300M SOCCER STADIUM MIAMI ROBERTO PESANT CHRIS CONKLIN 1001 Brickell Bay Drive Phone 954.389.5726 Phone 954.389.4732 • WalkerDunlop.com Suite 2414 Mobile 305.975.5956 Mobile 954.646.4326 Miami, FL 33131 [email protected] [email protected] The information contained herein has been provided by sources GREG ENGLER KRIS MIKKELSEN deemed reliable but no representation or warranty is made as to its accuracy. Any projections are an estimate based on Phone 404.832.7613 Phone 404.832.7612 assumptions of future income and expenses and no assurance can Mobile 404.384.3900 Mobile 404.964.4666 be given to the probability that the projections will be achieved. All information is subject to errors, omissions, changes, and can [email protected] [email protected] be withdrawn without notice..
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