Leasing Begins at Greystone Development’s 2500 Biscayne in Edgewater District of Miami

10/5/17

Greystone Development, a New York-based real estate development company, and Alta Developers, today announced it has launched leasing at the highly-anticipated 2500 Biscayne building in the Edgewater district of Miami, FL. The glistening 19-story rental building boasts 156 residential units at the epicenter of the area’s burgeoning arts enclave and within close proximity to Biscayne Bay.   

2500 Biscayne Boulevard is comprised of one- and two-bedroom units all with private outdoor space. The property boasts a thoughtful amenity package designed to cater to the active lifestyle of its residents with a pool, sundeck, lounge and game room, coffee bar, concierge, garage, and a fitness center. Leasing and Management is being handled by RIVERGATE KW Residential.

“2500 is a top property in one of Miami’s most desirable urban neighborhoods, and we are so excited to spearhead the leasing,” said Marcie Williams, President of RIVERGATE KW Residential. “We look forward to the opportunity to work with Greystone Development on this stunning community.”

Greystone curated a dream team of talent. Design visionary Architect Robert Behar of Behar Font & Partners envisioned a property that seamlessly integrated the historic alongside of the newly constructed, larger tower optimizing the footprint and also the experience for the resident. The homes Behar Font & Partners crafted maximize light, air and views with magnificent floor to ceiling windows. Floorplans are open and include a chef-inspired kitchen with quartz countertops, energy-efficient stainless-steel appliances, walk-in closets and in-unit washer dryers. RJ Heisenbottle imagined a restoration of the historic portion that would bring the structure back to its former glory.

Architect Robert Behar introduced Greystone to local artist and longtime family friend Magnus Sodamin. Parlaying off of the aesthetic that Behar Font established, Magnus created two exterior art murals spanning 75 and 90 feet wide. The murals take into consideration the culture and context of the surrounding neighborhood, pulsating with excitement and color. Through and through, 2500 Biscayne radiates light and vibrancy, offering the local market a truly unique product. 

“Each successive Miami project that we take on becomes more exciting, and 2500 Biscayne brings a unique element to the Edgewater district with its ‘historical meets modern’ aesthetic,” said Jeffrey Simpson, head of Greystone Development. “We thank our partners in making the building a success, as the final result has exceeded our expectations. It’s a gorgeous addition to the neighborhood,” he added. 

“2500 Biscayne pays tribute to the neighborhood’s roots by meticulously preserving the historical portion that reflects many of the signature architectural elements of the Mediterranean Revival Style,” said Jill Preschel, Vice President of Marketing, Greystone Development. “And with the modern addition of Magnus’ striking work on the exterior, the property makes a beautiful statement embracing the culture known to this area of Miami.”

Elsewhere in South Florida, Greystone is currently developing The Aura, a 14-story mixed-use apartment building designed by Borges + Associates Architects. Located at 1501 SW 37th Avenue, The Aura will feature 100 residences and 6,400 square feet of ground floor retail, with over 150 feet of frontage along a highly trafficked retail corridor. 

About Greystone Development

Greystone Development is a full-service real estate developer. Since 1992, Greystone has acquired, repositioned and developed over $2 billion in properties nationwide spanning approximately 3.5 million square feet. Our portfolio is diverse, comprised of condominium, rental, office, retail, mixed use and healthcare properties. Greystone Development is currently developing 15 real estate projects in premier markets such as New York, Miami and Palo Alto. For more information, visit www.greystonedevelopment.com. Greystone Development is a part of the Greystone group of companies, active in real estate lending, investment and advisory. For more info, visit www.greyco.com.

About Alta Developers

Alta Developers is a joint-venture between Aconcagua and Archiplan USA headed by Henry Pino. Aconcagua was founded in 1979 and has steadily risen to become the largest publicly traded residential development in Chile. Management and real estate development support has a large and respected presence throughout the country. In 2012, in associated with strategic alliances, Aconcagua began development of international projects in the United States, specifically Miami, Florida. For more information please visit:www.ianconcagua.com. Archiplan, working alone or in alliance with other developers, is proud to be at the leading edge of many high-profile projects. Among these are Quantum on the Bay, a spectacular two-tower residential community in the Miami Arts District; 900 Biscayne Bay, a state-of-the-art residential tower overlooking glittering Biscayne Bay; and Metropolis, two residential/commercial towers in Dadeland, just south of Miami and Coral Gables. For more information pease visit: www.archiplanusa.com.

About Behar Font & Partners

Behar Font & Partners, P. A. is a professional organization dedicated to the practice of architecture, planning and interior design. Our principals have a combined total of 68 years of architectural experience and, as such, have served as architects and designers for a wide variety of project types. This varied experience includes retail facilities from individual stores to shopping malls, residential facilities from single-family residences to multi-unit complexes, professional office centers, religious architecture, governmental facilities, educational facilities and multi-use complexes. Confident in our ability and experience, we continue to dedicate ourselves to the design of creative, functional, flexible and efficient projects. Behar Font & Partners, P. A. offers complete architectural services encompassing feasibility and zoning studies, establishment of environmental performance standards, strategic growth management, land use objectives, economic objectives, programming, master planning, cost estimating, architectural design, construction document preparation, securing of local approvals/permits, as well as contract and construction administration. Our interior design services ranges from space planning to furniture and equipment purchasing. 

About RKW

RIVERGATE KW Residential is a third-party multifamily property management firm headquartered in Miami with regional offices in Charlotte and New York, and satellite offices throughout the Southeast. With 10,000 multifamily units under management and a growing footprint spanning six states, RIVERGATE KW Residential delivers expertise in multifamily management through its technology, marketing and customer experience platforms. The firm’s principles have extensive experience in multifamily investments and property management including acquisitions/dispositions, developments, lease-ups, stabilized and value-add assets. RIVERGATE KW Residential was formed out of the partnership of Rivergate Companies, a private real estate investment firm, and KW Property magnagement, one of the largest condo management companies in Florida representing more than 65,000 units. For more information, visit www.rkwresidential.com.

About Magnus Sodamin

Magnus Sodamin was born in Manhattan, New York in 1987. He spent one year training at the Nansenskolen (Nansen Academy) in Lillehammer, Norway and received his BFA from the New World School of the Arts, Miami in 2012. Sodamin’s work has been featured at group exhibitions staged in Lillehammer and throughout Miami including 2012 BFA Exhibition held at the Cisneros-Fontanals art foundation (cifo), the 2010 lotus house women’s shelter fundraiser at the Margulies Collection, and two consecutive group exhibitions at Primary Projects in 2012. Sodamin lives and works in Miami, where he is represented by Primary Projects.

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