One WEst Twelve Residences (Overtown / Downtown Miami)
PMG, Lion Development Group, LNDMRK Development
Project Name: One West Twelve Residences
Developer: PMG, Lion Development Group, LNDMRK Development
Type: Condominium / Short-Term Rental Approved
Address: 38 Northwest 11th Street, Miami, FL, 33132
Status: In-Development / Under Construction
Development Sales Brokerage: PMG Residential
Architect: Cube 3
Interior Design: Cube 3
Landscape Design: N/A
Number of Units: 372
Stories / Height: N/A
Pricing: N/A
About:
Developed by PMG, Lion Development Group, and LNDMRK Development, One West Twelve Residences (ONE W12) in the heart of Historic Overtown will deliver 372 bespoke residences with captivating views of both Miami’s iconic skyline and vibrant sunset vistas. ONE W12 will evoke iconic Miami glamour through a curated selection of engaging amenities and entertainment-oriented experiences for residents and the surrounding community. ONE W12 offers fully furnished and finished studio and one-bedroom residences, along with a limited collection of one-, two-, and three-bedroom townhomes. Short-term rental flexibility will allow residents the option to customize and optimize their living experience to fit their lifestyle.
Designed by CUBE 3, ONE W12 will offer amenities focused on promoting a vivid, experiential lifestyle for residents and the local community. These amenities include an elegant lobby inspired by the glamour and playful spirit of the storied locale, an atmospheric rooftop garden and pool with lounge areas, a state-of-the-art fitness center, curated art installations throughout the property, the latest smart-building technology, and house cruiser bikes with storage.
ONE W12 will be home to Vibe BBQ, an inviting quick-serve restaurant from acclaimed chef and eight-time James Beard Foundation award winner Marcus Samuelsson. Samuelsson’s restaurant Red Rooster Overtown further solidified the neighborhood as a top dining destination in South Florida while the concept has become a favorite among Miamians. The Vibe BBQ concept at ONE W12 will feature elements of ‘Miami flair’ in the form of an expanded lounge area and cocktail offerings. True to its core, Vibe BBQ will embody an all-day celebration of American comfort classics.
One West Twelve Residences Updates by PROFILEmiami
MORE ABOUT Lion Development Group
Lion Development Group was founded by business leader Michael Simkins. The company specializes in world-class development and redevelopment projects in urban settings and emerging neighborhoods focused on the intersection of technology, culture, and the arts. Since launching the firm in 2009, Lion has successfully developed some of Miami’s most notable destinations. As a champion of placemaking and revitalizing Miami neighborhoods, Lion Development Group is continuing to add to its track record of excellence in urban regeneration through projects like the Overtown Culture and Entertainment redevelopment and Park West in Downtown Miami. Additionally, Lion has been a pioneer in neighborhoods like Allapattah, Hialeah, Miami Beach, and Mimo District. Outside of Miami, Lion is active in Tampa and Orlando and remains focused on investing and developing throughout the state of Florida.
More About PMG
Since 1991, Property Markets Group (PMG) has grown into a premier national investment, development, and asset management firm focused on large scale mixed-use residential projects. Today PMG is run by Managing Partners Ryan Shear and Dan Kaplan, currently operating across Florida, New York, Colorado, Arizona, Tennessee, and Georgia. Their vertically integrated team has departments specializing in acquisitions and land use, design and architecture, construction management, capital markets, asset management, sales and marketing, as well as significant in-house legal and accounting capabilities.
PMG’s current multi-billion dollar portfolio includes assets across pre-development, construction, lease-up, and sell out, totaling more than 8,500 residential units and over 16 million square feet of development. Previously announced rental projects under the Society Living brand platform include locations in Denver, Nashville, Atlanta, Brooklyn, Orlando, Fort Lauderdale and Miami. Notable current condominium projects include 111 West 57th Street in New York City; E11EVEN® Club Hotel & Residences & E11EVEN® Club Residences Beyond, Waldorf Astoria Hotel & Residences, 38 West Eleventh Residences, and The Elser Hotel & Residences in Miami; One Park Sarasota and Waldorf Astoria Residences St. Petersburg on Florida’s west coast; as well as Waldorf Astoria Residences Denver Cherry Creek in Colorado. PMG is additionally growing its Affordable Housing division nationally.
More About LNDMRK Development
LNDMRK Development, lead by Alex Karakhanian, is a principal driven boutique investment firm concentrated on mixed use urban development and opportunistic value based acquisitions.
Renderings via ARX Creative
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National developer PMG, Lion Development Group, and LNDMRK Development have broken ground on One West Twelve Residences (ONE W12), a luxurious residential building in the heart of Historic Overtown, which officially commenced on October 1.