300 SW 1ST AVENUE, FORT LAUDERDALE
EQUITY INVESTMENT: $40,165,000 CAD
TOTAL UNITS: Over 1,100 luxury residential rental suites, 37,000 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 Fort Lauderdale project.
The development site is situated on the Las Olas Riverfront in the heart of downtown Fort Lauderdale, and is expected to be developed into two multi-residential rental towers consisting of over 1,100 luxury suites and 37,000 square feet of retail. Ideally positioned between the city’s art, entertainment and central business districts, the site’s premium location will offer future residents convenient access to first-class entertainment and cultural amenities, millions of square feet of office and retail space, and an increasing number of transportation options as major infrastructure projects such as All Aboard Florida and The Wave Streetcar reach completion.
Completion value*: $655,000,000 USD
*Total completion value estimated at time of investment