Baxter Built | Miami by MiltiadisKastanis

WYNWOOD NORTE

DEVELOPMENT OPPORTUNITES

DISCLAIMER

The securities ofered in this private confdential memorandum have not been registered under the securities act of 1933 or registered under any state’s securities laws. Neither the securities and exchange commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this memorandum. An investment in these securities may involve a substantial risk of loss.

The managers of biggest.Developers LLC and a Florida limited liability company (hereinafer referred to as the “company” or in the frst person as “we”, “our” or “us”) is ofering to sell up to 95% of its membership interests (the “securities”) to prospective investors. The ofering is being made to select “accredited investors”, and the securities will be sold only pursuant to a signed subscription agreement. This is an ofering of unregistered securities.

The information contained herin is confdential and the recipient of this information agrees and acknowledges that such information is provided subject to recipient’s agreement to keep said information strictly confdential. The information contained in this summary has been prepared soley for information purposes to assist interested parties in making their own evaluation of the proposed company and does not purport to contain all the information that a prospective investor may desire or need. It is not an ofer to sell any securities or a solicitation of an ofer to buy any securities. If any ofer to make any investment is made, it will be made pursuant to appropriate legal documentation prepared on behalf of Baxter DevCo LLC and distributed to potential investors and any said legal documentation will contain material information not contained herein which qualifes the information contained herein in its entirety. Any decision to invest should be made afer reviewing such legal documentation. Each person who receives this summary should consult with such person’s atorney, business advisor and tax advisor as to the legal, business, investment, and tax implications of and any related maters concerning this summary.

This summary includes certain projections and other forward-looking information provided by the company with respect to the anticipated future performance of the company based on current expectations and projections about future events. The assumptions and estimates underlying the projections are inherently uncertain and, though considered reasonable by the company, are subject to signifcant business, economic, competitive, and other uncertainties, and contingencies, all of which are difcult to predict and many of which are beyond the control of the company. Accordingly, we cannot guarantee future results, level of activity performance or achievements. The company does not intend to update or otherwise revise these projections to refect circumstances existing afer the date hereof or to refect the occurrence of future events, even in the event the assumptions or estimated underlying the projections are shown to be in error. Although Baxter has endeavored to ensure the accuracy and completeness of all such information included herein, neither Baxter, nor any other person assumes responsibility for the accuracy or completeness of these forward-looking statements, or any other statements or information contained herein.

The company has prepared this memorandum and is solely responsible for its contents. This memorandum does not purport to be all inclusive or to contain all the information that your may desire in investigating the company and the terms of this ofering. An investment in the company is speculative and involves an extremely high degree of risk. It is possible that the company will not succeed in the operation of its business or the development and commercial exploitation of its assets. It is possible that each investor may lose his entire investment in the company. The securities are subject to substantial restrictions on transfer that may make it difcult for investors to liquidate their investment in the company. These risk factors are not, and are not meant to be, complete. In making an investment decision, persons must rely on their own examinations of the company and should carefully consider the merits, risk, and uncertainties in all the ofering materials, including this summary, the subscription agreement and other related materials, before deciding whether to make any investment in the company. You may lose part or all your investment.

We reserve the right in our sole discretion, and for any reason whatsovever: (I.) to modify, amend and/or withdraw the terms of the ofering, the number of securities ofered, or the price per security; (II.) to accept or reject in whole or in part any prospective investment in the securities; or (III.) to allot to any prospective investor less than the amount of the securities such investor has subscribed to purchase. We shall have no liability whatsoever to any oferee and/or investor in the event that any of the foregoing shall occur.

This information is confdential and intended only for the person received directly from sponsor. Immediately delete this document if you are not the intended recipient.

WYNWOOD NORTE INVESTMENT

EXECUTIVE SUMMARY

INVESTMENT OPPORTUNITY

MARKET | MACRO TRENDS

MARKET | MICRO TRENDS

EXECUTIVE SUMMARY

Baxter Development in collaboration with biggest. Developers, are raising equity to capitalize on multiple ground up developments, located in the Wynwood Norte neighborhood of Miami, Florida.

Wynwood Norte is undergoing a renaissance, with a recently approved revitalization plan to increase housing units and to stimulate business growth. The City is specifcally calling for the development of mid-rise and boutique projects to enhance the current neighborhood’s character, which is in line with our development plan. Wynwood Norte is also one of Miami’s most connected neighborhoods centrally located between the desired neighorhoods of Wynwood, Midtown, the Design District and Edgewater, and within a 5-minute drive to sought afer dining and shopping.

There has been a luxury housing boom in Miami in recent years and there is a need for housing that can cater to the young working professional. We are flling that gap with units that appeal to a modern professional lifestyle, with these new housing units at an atainable price point. We foresee a continued demand for this product, as the job growth in Miami continues to follow a positive trend with major employers relocating to the area, creating strong long-term employment and demand for workforce housing.

ECONOMIES OF SCALE

WYNWOOD NORTE DESIGN

EXECUTIVE SUMMARY

DEVELOPMENT TEAM WITH PROVEN TRACK RECORD

Eric Baxter | Founder of Baxter DevCo, experienced in multi-family, mixed-use and commercial projects with over $200M in total capitalization, 1,000+ resi units and 300,000+ SF of commercial in the past three years.

Miltiadis Kastanis | Douglas Elliman Senior Director who specializes in high-end luxury properties with a strong presence with Miami Beach developments such as Eighty Seven Park by Renzo Piano Building Workshop, ARTE Surfside by Antonio Citierio and most recently FIVE PARK Miami Beach.

Lauren Lopez-Rutkowski | A seasoned NY based developer with a focus on sizing, structuring, underwriting, closing and executing on land and asset acquisition, predevelopment, development, and stabilization/disposition.

DEAL HIGHLIGHTS

WYNWOOD NORTE RENAISSANCE

• New zoning code to promote higher density residential developments

• Revitalization plan from the city to increase mid-rise and boutique buildings

• Wynwood Norte Pipeline:

• 37 total projects (16 under construction)

• 1,500+ resi units

• 300,000 SF ofce space

• 45,000 SF of retail

GROWING JOB MARKET

Job growth continues to follow a positive trend, with Miami seeing higher growth vs other metro areas. Major corporations that have relocated to Miami fueling this grow are:

• Citadel

• SH Hotel & Resorts

• Nvidia

• Uber

• Amazon

• Tesla

• Twiter

DEMAND FOR ATTAINABLE HOUSING IN MIAMI

Rent Burden

Infux of luxury condos, resulting in rent burdened community

Vacant / underutilized land to become housing*

DEVELOPMENT PIPELINE

A - 112 NW 33rd Street

BUENA VISTA

B - 345 NW 35th Street

C - 234 NW 34th STREET

(currently in development)

WYNWOOD NORTE

WYNWOOD NORTE DEVELOPMENTS

HIGH GROWTH POTENTIAL TO BUY LAND TODAY

It is a good time to buy land in today’s market given high interest rates and high construction costs. If we are shovel ready, we are confdent that by the time construction is complete (~ two years), the project’s value will have exponentially increased drived by:

• Steady Rental Rates: There has been a steady increase in rental prices in the past three years, and we do not foresee these declining.

• Interest Rates: We are projecting that there will be a decrease in interest rates in the coming years.

• Analysts project that interest rates are hiting a plateau and are bound to come down in 2024. This is supported by what the Fed Chair, Jerome Powell, said in the 5/1/24 press conference: “I think it’s unlikely that the next policy rate move will be a hike.”

• Growth in Wynwood Norte: There have been 40+ projects in Wynwood Norte area that have either been recently completed, are under construction, or are in the pipeline, fueling growth in this neighborhood.

• Continued Migration: There continues to be migration into Miami’s urban core driven by the growing job market with many corporations relocating, benefcial tax incentives, beautiful weather and more.

Architect and Engineer to design project, complete all drawing for city submission.

Drawings to be reviewed by all disciplines; each discipline to share feedback / adjustments to plans.

Some disciplines will have additional requirements or permits that need to be obtained (eg: zoning approval, well permit, surveys, etc ...) that add extra time.

Owner / Architect / Engineers address comments, update drawings, obtain addition permits as needed.

Sample list of disciplines that need to review drawings each cycle

Building

Public Works

Flood Plain • Land Development

Zoning

Environmental

Urban Design

Permiting Coordinator

Plumbing

Submit all drawings to the County for review and feedback.

(typically requires 2 - 3 cycles with the city)