38 West Eleventh Residences Miami (Downtown Miami)
PMG, Lion Development Group, Marc Roberts Companies
Project Name: 38 West Eleventh Residences Miami
Developer: PMG, Lion Development Group, Marc Roberts Companies
Type: Condominium / Short-Term Rental Approved
Address: 38 Northwest 11th Street, Miami, FL, 33132
Status: In-Development / Under Construction
Development Sales Brokerage: PMG Residential
Architect: Sieger Suarez Architects
Interior Design: Cotofana Designs
Landscape Design: N/A
Number of Units: 659
Stories / Height: 44 Stories
Pricing: N/A
About:
Developed by national developer PMG, Michael Simkins’ Lion Development Group, and Marc Roberts Companies, 38 West Eleventh Residences Miami will bring a 44-story, 659-residence condominium in Miami’s Park West neighborhood. Rising at 38 Northwest 11th Street and currently 99% sold, this property will offer fully furnished luxury residences along with short-term rental flexibility and an opportunity for owners to enjoy the ability to host guests 365 days a year on Airbnb*. Designed by internationally renowned architecture firm Sieger Suarez Architects, with residential interiors by Cotofana Designs, 38 West Eleventh Residences Miami will offer the best of both city living and access to nearby beaches. Each of its fully-finished and fully-furnished studio and one-bedroom units will feature top-of-the-line appliances, sweeping views of the Miami skyline, Biscayne Bay, and the Atlantic Ocean, as well as PMG smart home technology, delivering seamless personalization with the touch of a button for integrated audio, video and lighting systems.
Unique to 38 West Eleventh Residences Miami is its distinctive 30,000 square foot, tri-level experiential entertainment venue, which will bring an impressive array of experiences right at residents’ doorstep and seamlessly integrate with the entertainment district’s vibrant atmosphere. Additionally, each owner at 38 West Eleventh Residences Miami will have the opportunity to host on Airbnb year-round, marking the first time this feature is offered at a residential condominium in Miami. Over 20,000 square feet of amenities are available at 38 West Eleventh Residences Miami, specially curated to extend owner comfort and provide a luxurious lifestyle. Whether it’s relaxing by the expansive pool overlooking the Miami skyline, savoring culinary delights at the signature supper club restaurant on the main floor, or unwinding in private lounge areas, there is something for everyone. The state-of-the-art fitness centers, wellness features, and co-working space additionally ensure that residents will have access to every comfort and convenience right from home.
38 West Eleventh REsidences Updates by PROFILEmiami
MORE ABOUT Lion Development Group
Lion Development Group was founded by business leader Michael Simkins. The company specializes in world-class development and redevelopment projects in urban settings and emerging neighborhoods focused on the intersection of technology, culture, and the arts. Since launching the firm in 2009, Lion has successfully developed some of Miami’s most notable destinations. As a champion of placemaking and revitalizing Miami neighborhoods, Lion Development Group is continuing to add to its track record of excellence in urban regeneration through projects like the Overtown Culture and Entertainment redevelopment and Park West in Downtown Miami. Additionally, Lion has been a pioneer in neighborhoods like Allapattah, Hialeah, Miami Beach, and Mimo District. Outside of Miami, Lion is active in Tampa and Orlando and remains focused on investing and developing throughout the state of Florida.
More About PMG
Since 1991, Property Markets Group (PMG) has grown into a premier national investment, development, and asset management firm focused on large scale mixed-use residential projects. Today PMG is run by Managing Partners Ryan Shear and Dan Kaplan, currently operating across Florida, New York, Colorado, Arizona, Tennessee, and Georgia. Their vertically integrated team has departments specializing in acquisitions and land use, design and architecture, construction management, capital markets, asset management, sales and marketing, as well as significant in-house legal and accounting capabilities.
PMG’s current multi-billion dollar portfolio includes assets across pre-development, construction, lease-up, and sell out, totaling more than 8,500 residential units and over 16 million square feet of development. Previously announced rental projects under the Society Living brand platform include locations in Denver, Nashville, Atlanta, Brooklyn, Orlando, Fort Lauderdale and Miami. Notable current condominium projects include 111 West 57th Street in New York City; E11EVEN® Club Hotel & Residences & E11EVEN® Club Residences Beyond, Waldorf Astoria Hotel & Residences, 38 West Eleventh Residences, and The Elser Hotel & Residences in Miami; One Park Sarasota and Waldorf Astoria Residences St. Petersburg on Florida’s west coast; as well as Waldorf Astoria Residences Denver Cherry Creek in Colorado. PMG is additionally growing its Affordable Housing division nationally.
Renderings via ARX Creative
For more information about 38 West Eleventh Residences Miami or to inquire about purchasing a unit please fill out the form below:
National developer PMG, Michael Simkins’ Lion Development Group, and Marc Roberts Companies have secured $215 million in construction financing for 38 West Eleventh Residences Miami, a 44-story, 659-residence condominium in Miami’s Park West neighborhood.