TCS Investment Analysis
Why TCS Chose Jean-Georges Miami Tropic Residences for its Members
Location
On the edge of the Design District, Miami Tropic will transform the neighborhood and connect the Design District to Midtown, creating an even more walkable neighborhood with exciting retail and food offerings, further elevating the area and its value.
Pricing
TCS negotiated prices at an average of $1,100/sf for its members, well below the current sales prices. We believe this is extremely below market trends and that it's close to actual 'cost' for the developer, which makes it an exceptional and rare investor opportunity. Future projects to be built in the Design District will be targeting $1,800-$3,000/sf. It is our feeling that Miami Tropic could be a $1,700/sf building when sold out.
Developers
We choose developers we believe in and that have a proven track record. Terra Group is one of the finest developers in Miami, with a proven history of high-end, successful projects, including Five Park, Eighty Seven Park, Park Grove, Mr. C Residences in Coconut Grove, and Villa Miami, all of which have increased in value significantly since pre-sales.
Terms
The TCS-negotiated smaller deposit at signing and an overall lower deposit, stretched out over a longer period of time, allows our members to control a large asset for less while the project appreciates prior to closing.
The Brand
Often times Miami developers choose a brand that does not offer any true value to the owner. Here, the Jean-Georges partnership will have a direct value-add effect to the everyday lives of the residents. The two new Jean-Georges restaurants in the building and a third, private one for residents, will create higher demand to live in the building, resulting in a direct benefit to our members.
Amenities
Terra Group has outdone themselves with the sheer amount of amenity spaces. With two pools, multiple lounge, dining and entertainment spaces, co-working and podcasting spaces, the attraction for a tenant gives us strong confidence in the post-close leasing potential.
From day to night, Miami Tropic offers a thoughtfully curated and diverse selection ofworld-class amenities and services that are designed to seamlessly fold into everyaspect of our residents’ lifestyles.
Level 02
Stunning Lobby (designed by Yabu Pushelberg)
Tropical Garden
Secured Package Reception
Mail Room
24/7 Concierge
24/7 Valet
Level 05
Podcast Recording Studio
Business Lounge & Coworking
(with Conference Rooms)
Multi-Function Room
Art Gallery
Chef’s Kitchen
Residents’ Lounge
Bar Lounge
Sculpture Garden
Level 07
Fitness Reception
Men’s & Women’s Changing Rooms
Juice Bar
Steam Room
Infrared Sauna
Wet Spa
Hot & Cold Plunge
Wellness Space
Main Fitness Studio*
Level 08
Resort-Style Pool & Deck
Private Cabanas Kids’ Pool
Gardens
Outdoor Theatre and Lounge
Outdoor Kitchen
Indoor/Outdoor Restaurant
Dining Bar
Kids’ Room
Teen Room
Game Room
Golf Simulator
Level 49
Rooftop Pool
Private Dining Room (with
Catering Pantry)
Sky Bar Lounge
Archive Library
* Includes Cardio, Free Weights, Yoga Studio, Outdoor Training & Lounge, Squash Court, Healing Garden, Indoor Tranquility Room, Outdoor Jungle, Massage Rooms
The Neighborhood
Miami Tropic has the Design District on its north side, and Midtown on its south side. Here, the crowds are locals and regulars, running errands, meeting for drinks, and walking dogs with a myriad of options at their fingertips.
A few blocks southwest of Miami Tropic, Midtown blurs into Wynwood, an arts hub with a dynamic, diverse crowd and even more to keep you busy and entertained.
Explore funky boutiques and vintage shops, devour delicious local food, and wander among buildings wrapped in eye-catching murals.
Miami Design District
Since 2019, retail rents have surged by 200% and foot traffic has increased by 47%, solidifying the District as one of the world’s premier luxury destinations. Land valuations are approaching $4 billion, with residential and commercial prices rising 25–30% over the past five years.
With several new condominium developments launching soon at pricing in the $2,500 to $3,000/sf range, the area continues to experience unprecedented growth. Anchored by global luxury brands like Louis Vuitton, Dior, and Hermès, alongside top-tier mixed-use infrastructure, the District’s momentum shows no signs of slowing, offering exceptional long-term investment potential.
The District has emerged as a global fashion destination, surpassing the likes of Madison Avenue and Rodeo Drive with its unrivaled concentration of luxury brands, cutting-edge design, and world-class cultural experiences.
Wynwood
Wynwood is rapidly transforming into one of the most exciting real estate growth stories in the U.S. Median home values surging reflecting a 16% year-over-year increase, underscoring rising demand despite a more balanced market. Demand for retail, office and residential is at an all time high and is more a reflection of limited quality inventory as buyers compete for the district’s best opportunities.
The neighborhood’s momentum is undeniable. Wynwood is becoming a magnet for creative entrepreneurs, top-tier hospitality brands, and forward-thinking investors. The demand for new restaurants, boutique hotels, and mixed-use developments is accelerating, with a constant influx of innovative concepts and experiential venues. Ongoing mixed-use and adaptive reuse projects are setting new benchmarks, reinforcing Wynwood’s position as Miami’s cultural heartbeat and one of America’s most dynamic urban investment markets.
Midtown
Midtown Miami is quickly evolving into one of the city’s most dynamic urban hubs, with a surge of new condominium towers, luxury rental communities, and master-planned developments reshaping the skyline. The area is undergoing a major transformation with several mixed-use projects in the pipeline, combining high-end residential units, branded hotels, modern office spaces, and experiential retail all within walkable, amenity-rich neighborhoods.
With upcoming developments like The Wynwood Plaza, Midtown One, The Standard Residences and Proper Hospitality to name just a few with pricing topping $2,000/sf in newer projects adding both residential and lifestyle appeal, Midtown is becoming the new focal point for young professionals, entrepreneurs, and international investors. This unprecedented wave of development, combined with Midtown’s central location between Wynwood, Edgewater, and the Design District, is positioning it as Miami’s next great live-work-play destination.
