PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton (NYSE: HLT) have secured $668 million in construction financing for Waldorf Astoria Hotel & Residences Miami.
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Photo credit: Elephant Skin.
Gale Miami Hotel & Residences To Open in Downtown June 1st
Downtown Miami is welcoming a new addition to its hospitality scene with the opening of Gale Miami Hotel & Residences on June 1st. This highly anticipated development promises to enhance the vibrant urban landscape of Miami, offering a blend of luxury accommodations and high-end amenities.
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Aston Martin Residences Receives TCO In Downtown Miami
Aston Martin Residences, a luxury condo tower in the heart of downtown Miami developed by G&G Business Developments with construction overseen by Coastal Construction, has received its Temporary Certificate of Occupancy (TCO) on April 18. Aston Martin Residences spans 1.8 million square feet, towering 821 feet, 70 stories, above the Miami River waterfront.
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Chef Erhan Özkaya Partners With Gale Miami Hotel & Residences To Bring 3 New Dining Concepts to Downtown Miami
Gale Miami Hotel & Residences and renowned chef Erhan Ozkaya have partnered to bring three new dining concepts to the hotel-condo tower which is nearing completion on Downtown Miami’s Biscayne Boulevard.
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David Grutman Lists One Thousand Museum by Zaha Hadid Condo For $7.2 Million
David Grutman, the founder of LIV Nightclub at Fontainebleau Miami Beach and Groot Hospitality, the brand behind Miami hotspots Komodo, Papi Steak, Gekko and Swan restaurants, and his fashion/jewelry-designer wife Isabela Grutman, have listed their condo at One Thousand Museum by Zaha Hadid for $7.2 Million.
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Rendering via Hayes Davidson
Naftali Group Breaks Ground on JEM Private Residences in Miami Worldcenter
Naftali Group, a globally recognized real estate development and investment brand headed by visionary developer Miki Naftali, has broken ground on JEM Private Residences in Miami Worldcenter in Downtown Miami’s District 11.
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Okan Tower Set For Massive 1,200 Truck Concrete Foundation Pour Friday
Paving the way for a new landmark on the Downtown Miami skyline, a crew of 300 workers across three shifts with the help of 1,200 concrete trucks, will pour the foundation for Okan Tower, the highly-anticipated development set to be one of Downtown Miami’s next major mixed-use megaplex.
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Rendering of Apple Store filed with city in 2022
Apple Store And Mixed-Use Tower Coming To Miami Worldcenter in Downtown Miami
The fast-growing 27-acre, $6 billion Miami Worldcenter continues to take form in Downtown Miami as it was recently revealed that an Apple Store is coming to the mega-project, in addition to a recently approved mixed-use tower. Apple has leased 15,000 SF of retail space at 725 NE 1st Ave where construction is already underway.
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Reggaeton Artist Nicky Jam Sells One Thousand Museum Condo For $7 Million
Reggaeton artist Nicky Jam has sold his bayfront condo at One Thousand Museum by Zaha Hadid Architects in Downtown Miami’s Park West District 11 for $7 million. Nicky Jam acquired the residence at 1000 Biscayne Blvd in 2021 for $5.7 million at the ultra-luxury building which features only 84 private residences and six-star services.
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Nick Jonas and John Varvatos Set to Bring Rooftop Villa One Tequila Gardens To Miami Worldcenter
As Miami continues to evolve as an international destination for culinary innovation and vibrant nightlife, Villa One Tequila, co-founded by celebrities Nick Jonas and menswear designer John Varvatos, is bringing the essence of Mexico’s finest to Miami Worldcenter, the $6 billion mixed-use development activating Miami’s urban core.
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