PROFILEmiami and Royal Palm Companies are pleased to present the second installment of PROFILEmiami’s highly-anticipated PROFILEconnect high-end bespoke networking event series. PROFILEmiami has teamed up with the PARAMOUNT Miami Worldcenter, Royal Palm Companies and PMG to host an evening soirée of bespoke networking and cocktails, while hearing from some of the developers transforming Downtown Miami into a global cultural and business hub.
Read More
Michelin Starred Chef Michael Beltran's Ariete Hospitality Group Set To Open First Restaurant In Miami Worldcenter November 28
Buckle-up Miami, after nearly a decade of construction, Downtown Miami’s new $4 billion, 27-acre Miami Worldcenter mixed-use development, will welcome its first tenant on November 28 when Michelin Starred Chef Michael Beltran’s Ariete Hospitality Group (AHG) opens Brasserie Laurel. Brasserie Laurel will deliver upscale French-inspired Miami cuisine with a focus on local, seasonal ingredients and will provide a wide array of table-side service for some of their signature dishes.
Read More
Stonerock Capital Partners Launches Leasing At Twin Office Buildings On Flagler Street In Downtown Miami
Stonerock Capital Partners has launched leasing at 200 SE First Street and 44 W Flagler Street, the twin office buildings they acquired this year. The buildings include modern, move-in-ready spec suites, controlled access, 24/7 security, touchless systems, state-of-the-art fitness centers, and sleek conference centers. Both properties are also centrally located, with easy access to public transportation.
Read More
Shahab Karmely and Edgardo Defortuna To Co-Develop One River Point On The Miami River
Following their mutual success with 2000 Ocean, where Fortune International Group handled the sales and marketing, and Brickell City Center’s Reach & Rise residential sell out, New York developer, Shahab Karmely of KAR Properties and Miami Developer Edgardo Defortuna of Fortune International Group, have announced that they will co-develop One River Point in partnership with each-other.
Read More
Waldorf Astoria Hotel & Residences Miami Becomes First Supertall Tower to Break Ground In Miami
The first supertall tower to come to Miami has broken ground as the developers of Waldorf Astoria Hotel & Residences Miami have begun drilling and foundation work for the luxury mixed-use tower which is set to rise 1,049 feet in Downtown Miami. Waldorf Astoria Hotel & Residences Miami is being developed by PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT).
Read More
Robert Rivani's Black Lion Acquires Restaurant Space at Zaha Hadid's One Thousand Museum For $6.4 Million
Black Lion, led by real estate investor Robert Rivani who specializes in ownership of flagship restaurant properties, has acquired the ground floor restaurant space at the iconic One Thousand Museum by Zaha Hadid for $6.4 million. Rivani’s off-market purchase marks Black Lion’s first deal in the Downtown area, adding to a portfolio of trophy retail properties spanning from Wynwood and Brickell down to Miami Beach.
Read More
Lynd Living Locks Down $22.75 Million In Financing For Miami Worldcenter Site Acquisition
Lynd Living has acquired Block 23 at Miami Worldcenter for $30 million, financed by a $22.75 million acquisition land loan. Block 23 is located between NW 9th and NW 10th Street on North Miami Avenue and is one of the last remaining land sites within Miami Worldcenter, the 2nd largest master planned community in the country, behind New York City’s Hudson Yards. The transaction closed on August 26th.
Read More
Nationally Acclaimed Sports & Social Dining & Entertainment Concept Coming To Miami Worldcenter
Live! Hospitality & Entertainment has signed an agreement with Miami Worldcenter to bring its nationally acclaimed concept, Sports & Social, to the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The 20,000-square-foot venue will include an open-air rooftop restaurant overlooking the project’s World Square public park and plaza.
Read More
Sky-High Penthouse At PARAMOUNT Miami Worldcenter Rents For Record $36K /Mo., Going From Contract To Lease In 24 Hours
Want to get a pulse on Miami’s ultra-luxury real estate market? A one-of-a-kind sky-high duplex penthouse in Downtown Miami’s PARAMOUNT Miami Worldcenter has leased for a record $36,000 per month, going from contract to lease in just 24 hours. The residence hit the market recently asking $40,000 per month, listed with Scott Lawrence Porter of ALTARA Properties.
Read More
PMG and Greybrook Celebrate Revealing Of The Elser Hotel & Residences With Sunset Soirée
On Wednesday, August 3rd, PMG and Greybrook hosted an unveiling event to celebrate the launch of The Elser Hotel & Residences, a 49-story new construction luxury condominium tower. Set in the heart of Downtown Miami with unobstructed views of Biscayne Bay, guests enjoyed a live band, experiential performances and endless champagne.
Read More