Genting Group has received five bids over $1 billion following a marketing period led by Avison Young’s Florida Capital Markets Group for the former Miami Herald site in Downtown Miami, one of the largest and most valuable development sites in the United States. The largest bid values the property at just under $1.5 billion for the rare Omni District waterfront site. The land is a ±15.5-acre development opportunity which was dubbed BayCity Miami.
Read MoreYupix Meta-Realty Virtual Tour of West Eleventh Residences
PMG, Lion Development Group And Marc Roberts Companies Launch West Eleventh Residences In Lavish District 11 Fashion
On Tuesday, March 14th, national developer PMG along with partners Lion Development Group and Marc Roberts Companies celebrated the official launch of West Eleventh Residences. The event took place at the lavish sales gallery for West Eleventh Residences, debuting the newly revealed scale model of the tower and complete with a Yupix meta-realty virtual reality experience as well as a whale ice sculpture at the champagne bar.
Read MoreLouis Vuitton To Present Woman's Spring-Summer 2023 Trunk Show At The Perez Art Museum Miami
Louis Vuitton is set to present it’s Women’s Spring-Summer 2023 Collection with Biscayne Bay as its iconic backdrop at the Perez Art Museum Miami (PAMM). Originally unveiled in October 2022 within the majestic surroundings of the Cour Carrée at the Louvre in Paris, the Miami Trunk show will take place at PAMM, an innovative museum dedicated to contemporary art designed by Pritzker Prize-winning architects Herzog & de Meuron.
Read MorePMG, Lion Development Group and Marc Roberts Companies Launch West Eleventh Residences In Collaboration With AirBNB
PMG, Michael Simkins’ Miami-based Lion Development Group, and Marc Roberts Companies have launched sales for West Eleventh Residences, their third luxury short-term rental tower in Downtown Miami’s hot Park West neighborhood now dubbed District 11. Located at 18 NW 11th Street, West Eleventh Residences will offer short-term rental flexibility and a first-time opportunity for owners to enjoy fully centralized management with the ability to host guests 365 days a year on Airbnb.
Read MoreDream Room - Image via Craig Denis Creative
The Anticipated New Restaurant Concept 'Giselle' Set To Open February 3 Atop The E11EVEN Rooftop
After much anticipation, Giselle Miami, the new restaurant concept from E11EVEN and The Restaurant People, will open its doors on February 3, 2023 in the heart of Downtown’s Arts and Entertainment District. Situated on the rooftop of E11EVEN Miami, Giselle will serve as a lively addition to the local culinary scene merging Asian, Mediterranean & French-inspired cuisine, elevated cocktail programming, and exquisite design with supreme hospitality-driven service.
Read MoreThe Elser Hotel & Residences Miami Closes On $80 Million In Sales In Less Than 60 Days
The Elser Hotel & Residences Miami, a 49-story new construction luxury condominium located at 398 NE 5th St., has successfully closed on $80 million in sales in less than 60 days. This immense sales volume marks the pivotal return of Latin American investment in South Florida, with 75% of sales coming primarily from Colombia, Mexico, and Chile, as well as the continued fervent demand for turnkey, new construction residences.
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Casa Bella by B&B Italia Debuts Penthouse Collection In Downtown Miami
Casa Bella Residences by B&B Italia, which aims to bring the best of Italian design and lifestyle to Downtown Miami, has unveiled plans for the tower's dramatic penthouse collection that includes a pair of 54th-floor triplex residences with expansive rooftop terraces and Biscayne Bay views. Developed by Related Group in partnership with Alta Developers, the 56-story condominium tower offers 317 luxury residences.
Read MoreKobi Karp, Dan Kodsi, Katya Demina, Michael Simkins, Demetri Demascus and Dan Kaplan
Inside PROFILEconnect: The Evolution of Downtown Miami Into a Global Cultural And Business Hub
On Tuesday, November 15th, PROFILEmiami teamed up with PARAMOUNT Miami Worldcenter, Royal Palm Companies, PMG and E11EVEN Partners to host PROFILEconnect: The Evolution of Downtown Miami into a Global Cultural and Business Hub. PROFILEconnect is PROFILEmiami’s high-end bespoke networking event series, bringing together Miami’s real estate and business leaders
Read MoreImage via Maison Mura
Sophisticated Wine and Spirits Concept 'Maison Mura' Opens in Downtown Miami
Maison Mura, a sophisticated wine and spirits boutique and immersive experience, has opened at 333 SE 3rd Avenue in Downtown Miami. Maison MURA will serve and offer for sale an extensive selection of premium wine and spirits, as well as a refined food menu, all carefully curated by owners and long-time friends Matthieu Yamoum, the former Wine Director of New York's Baccarat Hotel, and Philippe Vasilescu, the former Brand Ambassador for the prestigious LOUIS XIII Cognac de Remy Martin.
Read MoreClub Studio
Club Studio, Earls Kitchen + Bar, and Luli Fama To Join Dynamic Shopping and Dining Collection Coming to Miami Worldcenter
An enticing collection of shops and dining spots in Downtown Miami continues to take shape with three new national retail and restaurant tenants coming to Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership has completed leases with a new high-end fitness concept called Club Studio, popular dining spot Earls Kitchen + Bar, and luxury swimwear brand Luli Fama through Leap.
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