SmartCity Miami LLC, an investment group led by Miami-based Terra and it’s CEO David Martin is set to acquire the former-Miami Herald headquarters development site for a record $1.225 billion from Genting Group. The investment group has finalized terms for the acquisition of the 15.5-acre site which features 800’ of direct frontage on Biscayne Bay, the closing is set to take place later this year.
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Riviera Dining Group To Open New Concepts At E11EVEN Hotel & Residences Including Members Only Rooftop
Developers PMG and E11EVEN Partners have signed a 10-year agreement with renewal options with Riviera Dining Group, the hospitality group behind MILA and Bâoli, to program new concepts at E11EVEN Hotel & Residences Miami, an ultra-luxury, dual-tower development located in Miami’s famed District 11. Located in the newly expanded entertainment destination, the Miami-based luxury hospitality company’s concepts will occupy a 16,000 SF restaurant with a 5,200 SF lounge attached to it, and a rooftop members only concept.
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EDEN Multifamily and The Dermot Company Reveal Plans For Downtown Miami Kobi Karp-Designed High-Rise Residential Project In District 11
Prolific Miami-based real estate development firm EDEN Multifamily has partnered with multifamily developer and investor The Dermot Company to bring a Class-A, luxury rental residential tower to downtown Miami’s Park West District 11. EDEN and Dermot plan to develop a 44-story, 430-unit high-rise designed by the award-winning architect Kobi Karp in one of the hottest residential and entertainment neighborhoods in the world.
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Chicago-Based Private Social Club 'The Clayton' To Open At E11EVEN Residences Beyond
The Chicago-based exclusive private social club, The Clayton, will be opening at E11EVEN Residences Beyond, an ultra-luxury, dual-tower development located in Miami’s famed District 11. The Chicago-based exclusive social club will occupy 10,000 square feet on the second floor of the tower, which being developed by PMG and E11EVEN Partners and is located at 90 Northeast 11th Street.
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Genting Group Draws 5 Bids Over $1 Billion For The Former-Miami Herald Waterfront Development Site
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.
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Yupix 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.
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Louis 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.
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PMG, 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.
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Dream 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.
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The 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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