RFI No.

5 Questionnaire Responses
 OUR VISION
We believe the entire property should be
redeveloped to create a

Holistic Wellness Mixed-Use Village

complimenting one of the nation’s largest

concentrations of medical & research facilities with a
transit-oriented development

1.
* Disclaimer: Photos are inspirational images found online and not representative of the concept designs for the project
 In our vision, community
members can
MOVE & CONNECT
seamlessly to public and
private transit

• Direct pedestrian-safe
connection to Santa Clara Metro
Station

• Rideshare drop-off and pickup

zones

• Shaded trails to walk, run, bike,

and scooter
1.
Our vibrant and sustainable Village
has ample opportunities to
WORK/LIVE/PLAY

• WORK: City of Miami Offices and

Health-focused Co-Working

• LIVE: Mixed-income apartment

buildings, including workforce and
micro-unit components

• PLAY: Innovative wellness-focused

retail/food space

• Micro-business opportunities for local

residents and work-live spaces
1.
Fresh, organic, affordable
FOOD is easy to find

• Anchored by an affordable
organic grocery store

• Community gardens

• Workshops with South Florida

Chefs and Nutritionists

• Weekly farmers’ market

1.
Whether out in the plentiful
green space or in dedicated
workout space there are
plenty of ways to
GET MOVING

• Public free workout classes

• Mixed use workout center for

local gym startups

• Sunset yoga hour

• Walking and running trails

1.
 CREATIVE EXPRESSION
permeates the entire Village
experience

• Sculpture loan program with

local organizations like the Rubell
Collection

• Gallery space for local artist

exhibitions

• Cultural programing to bring

concerts, dance performances,
and more to the public areas

1.
 Nature and indoor spaces
integrate for an all day sense
of CALM & VITALITY

• Highest standards of sustainable

building design

• Bringing the outdoors in

• On site space to grow organic

fruits and vegetable creating a
true “Farm-to table” feel

• Lush landscaping throughout

with ample places to lounge
1.
Interested in a
Future
Development
Proposal to the
City? Yes!
2.
Considerations • Onerous parking requirements
with no variances for transit-
oriented development
that would • Zoning restrictions that prohibit
discourage development of Holistic Wellness
Village vision (e.g. low density,
future expensive design requirements,
etc.)

development?
3.
 Largest rental housing provider with
multifamily, student, and senior housing
FINANCE
• Extensive institutional relationships with
the largest national and international
lenders and investors
What can • $5Bn in committed development equity

Greystar bring DESIGN

• World-renowned, cutting edge projects
across the globe
to the project? • Relationships with top architects and
interior designers
CONSTRUCTION
• Greystar Construction is the 6th largest
multifamily GC in the US
4.
Greystar is the global leader in rental housing

Specialist across multifamily,

Vertically integrated
student, active adult & senior
Owner, Developer and Operator
housing

Proven execution
at the asset-level
with unmatched
14,000+ staff scale
Executive
491,000+ units across the US,
committee
managed Compelling Europe, Latin
average 18 years
worldwide returns for our America and Asia-
with Greystar
partners; 20%+ Pacific
$31.8 billion+ IRR over 20+
assets under years1
management²
Global platform with local
Culture of partnership
presence

Positioned to drive the institutionalization of rental housing globally

1. Since 1993. Past performance is not indicative of future results. All returns are project-level gross returns weighted by invested equity. Actual returns will be reduced by asset management fees and carried interest.
Unrealized returns are based on hold-to-maturity estimates as of 3Q17. 2. AUM as of 3Q17. Please see section 2 for gross and net level target returns for current investment opportunities.
4.
S T R I C T L Y C O N F I D E N T I A L 12
 Vertically integrated, with scale across all businesses
Our well-proven strategy and track record have allowed Greystar to develop great relationships with numerous
valued lenders and institutional investors

Investment Management² Acquisitions

1,000+
$32bn Deals underwritten annually

AUM across multiple

strategies & geographies $10bn+
Acquisitions since 2012

Development &
Real EstateOperations1 Construction1

491,000+ ~$11.9bn
Development projects
Units managed globally
underway

#1 Manager of US
rental apartments
22,600+
Units constructed as GC
For US Multifamily Housing:
#3 Owner of UK

#1
student housing
#6
Developer General

1. Source: NMHC and Savills Research. Operations statistics based on number of units in US and number of beds in UK. As of 3Q17. 2. AUM as of 3Q17.
Contractor
4.
S T R I C T L Y C O N F I D E N T I A L 13
 Allegro Dadeland Laureat Allegro Doral
Construction Type: Highrise Construction type: Highrise Construction type: Midrise
Units: 212 Units: 327 Units: 198
Construction Complete: May 2019 Est. Completion: November 2019 Est. Completion: December 2019
Role: Developer Role: Developer & Manager Role: Developer & GC

Select FL Projects 5.
 Greystar Global Headquarters Park 12 Arts District AMP Lofts
Charleston, SC San Diego, CA Los Angeles, CA
Construction Type: Midrise Construction type: Highrise Construction type: Midrise
Units: 226 Units: 713 Units: 310
Office: 69,149 SF / Retail: 19,210 SF Retail: 50,000 SF Retail: 23,500 SF
Construction Complete: February 2018

Select National Projects 5.

 • Strong capital relationships

What expertise • Vertical integration: in-house

construction, property
should the City management, and asset
management
require from a • Experience on similarly complex
proposer? mixed-use projects

• Ability to think outside the box

6.
Minimum term
agreement for • Ground leases are typically 99
years long
the viability of
the project?

7.
 What type of • Private Equity

financing would • Private Construction Debt

Financing
the Respondent • Public-Private Financing for
use to develop Public Amenities

the land?
8.
 Should the • Yes, City departments can be
current users accommodated and thrive in a
wellness-oriented office space

remain at the setting, with opportunities to live

and play

property?

9.