103 NE 59th St 103 NE 59th St OM - Final | Page 28

AREA OVERVIEW Neighborhood Renaissance Miami's changing market is set to expand huge MIDTOWN The embodiment of urban revitalization, Midtown Miami is Miami’s equivalent of New York’s Soho. It is home to the trendsetting and upscale. And it’s story isn’t complete. Developers including The Related Group, Magellan Development Group (JP Morgan) and AMLI are all leaving their mark, each delivering their version of contemporary urban living. 103 NE 59TH STREET | OFFERING MEMORANDUM WYNWOOD Previously home to bottling plants and garment factories, Wynwood has undergone a transformation into Miami’s de facto art district. Home to over 70 art galleries, this eclectic neighborhood has rapidly reinvented itself as the home to Miami’s burgeoning technology and fashion industries. Wynwood is now home to a who’s who of brands and visionaries banking on this neighborhood becoming the new epicenter of cache in South Florida. MIDTOWN MIAMI Downtown Miami is the heart of Miami and is undergoing one of the most far-reaching revitalizations in local history. Projects like Skyrise Miami, Miami World Center, Brightline Miami and the PAMM / Frost Science Museum are all changing the way the community perceives and interacts within the submarket in a way never before conceived. PERFORMING ARTS DISTRICT Home to the largest arts center in Florida, the district was the first of a long line of world- class amenities that has brought Miami to the world stage. The Arsht Center for the Performing Arts, Ziff Ballet Opera House and the Knight Concert Hall anchor the district which hosts over 400 world renown events each year. COLLIERS INTERNATIONAL P. 28