Miami-based real estate developer Related Group and partner Alta Developers have signed a contract for a 54th-floor, 5,893-square-foot triplex penthouse at Casa Bella Residences by B&B Italia for $12.6 million, or $2,138 per square foot, signifying what will be the most expensive condominium sale on a price-per-square-foot basis in Downtown Miami’s highly desirable Arts and Cultural District. Casa Bella Residences by B&B Italia has achieved nearly $50 million in signed contracts over the past 60 days.
Read MoreE11EVEN Partners and PMG Break Ground On E11EVEN Residences Beyond In Downtown Miami's District 11
Developers PMG and E11EVEN Partners have broken ground on E11EVEN Residences Beyond, part of the E11EVEN Hotel & Residences Miami development, an ultra-luxury, dual-tower development located in Miami’s District 11. Located at 90 NE 11th St. in the newly expanded entertainment destination, the E11EVEN Hotel & Residences Miami project has taken Miami by storm, continuing to break sales records and offer a unique experience to buyers unlike anything the community has ever seen before.
Read MoreOkan Tower Reveals Luxurious First Look At Upcoming Hilton Miami Bayfront Hotel
Okan Tower, the new mixed-use megaplex set to become one of the tallest towers on Downtown Miami’s skyline at 902', has revealed a first look at the luxurious renderings of its Hilton Miami Bayfront Hotel. Showcasing the awe-inspiring lobby entrance, reception area, and lobby bar, the sophisticated design created by interior designer Adil Tunca, is highlighted with sweeping, breathtaking views of vibrant Downtown Miami and Biscayne Bay.
Read MoreNation's Largest Women's Shelter 'Lotus House' Breaks Ground On Children's Village In Miami's Overtown Neighborhood With $1 Million Gift From Gisele Bündchen
Lotus House, the nation’s largest women’s shelter, has broken ground on their new Children’s Village that will advance the nonprofit’s mission of ending, and preventing, homelessness. Centered on the educational, wellness, and special needs of children and youth, the five-story facility will expand Lotus House’s reach into the surrounding community, complementing the organization’s 500-bed shelter, Lotus Village, located directly across the street.
Read MoreInvestment Group Led by David Martin Set To Acquire Former-Miami Herald Development Site For $1.225 Billion
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.
Read MoreRiviera 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.
Read MoreEDEN 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.
Read MoreChicago-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.
Read MoreGenting 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.
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.
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