Palm Tree Residences Miami has been announced for Downtown Miami’s Park West district at 1018 North Miami Avenue as the first residential development branded by Palm Tree Crew. The 37-story tower is being developed by Property Markets Group, Lion Development Group, EDEN Residential, and Sterling Equities in partnership with Palm Tree Crew, with design by Kobi Karp Architecture & Interior Design. The short-term-rental-friendly development is planned to yield 483 fully furnished and finished residences ranging from junior suites to three-bedroom layouts, with completion anticipated in 2030.
The project is being positioned as an extension of Palm Tree Crew’s hospitality and entertainment platform into the residential sector. Palm Tree Crew was founded by music producer Kygo and Palm Tree Crew CEO and co-founder Myles Shear. According to the announcement, the development will emphasize wellness-focused amenities, entertainment programming, and hospitality-oriented services integrated throughout the property.
Credit: ArX Creative.
Palm Tree Residences Miami will feature a three-level amenity collection centered around social, wellness, and recreation-oriented spaces. Planned amenities include a signature Palm Tree Crew dining and nightlife venue at the ground floor, a rooftop sky deck with an infinity-edge pool overlooking Downtown Miami, a hot tub, indoor and outdoor lounges and bars, and a private indoor lounge with an outdoor terrace. Additional features will include a padel court, fitness center, functional training turf, climbing wall, wellness center with private treatment rooms, cold plunge pools and saunas, and a dedicated yoga studio with locker rooms. The building will also incorporate a reception lounge, juice bar, golf simulator, bike storage, and Palm Tree house cruiser bikes.
Ownership at the property will also include access to Palm Tree Crew’s broader hospitality and events platform through concierge services, curated resident programming, preferred pricing on select offerings, and access to Palm Tree festivals and branded hospitality venues.
Credit: ArX Creative.
Credit: ArX Creative.
“Palm Tree Residences Miami is a natural extension of everything we stand for, building spaces where culture is lived every day and community forms organically,” said Palm Tree Crew CEO & Co-Founder, Myles Shear. “Miami was the only choice for our first residences. It is a city that embraces originality, celebrates life at every turn, and has always been home to concepts that push boundaries. In partnership with PMG, Eden Residential, Lion Development, and Sterling Equities, we are creating something truly special, a place designed for today’s most creatively inclined minds, where world-class experiences, restorative wellness, and effortless comfort come together under one roof. This is just the beginning.”
“Palm Tree Crew has established itself as one of the most compelling forces in global lifestyle and culture,” said Ryan Shear, Managing Partner at PMG. “Their ability to cultivate community and deliver exceptional experiences translates seamlessly into the way we think about residential living in Miami. Palm Tree Residences Miami will offer residents something genuinely distinct, access to a global lifestyle defined by world-class events and experiences, paired with an uncompromising standard of quality in the way they live at home. We are proud to bring this vision to life in Miami, and we believe it will set a new benchmark for how people experience home.”
Credit: ArX Creative.
Credit: ArX Creative.
Credit: ArX Creative.
Residential interiors will incorporate custom kitchen cabinetry fabricated by Italian design house Italkraft, fully integrated Miele appliance packages, spa-inspired bathroom fixtures, custom bathroom cabinetry and countertops, built-out closets, and smart home technologies. Select residences with dens will also feature custom Murphy beds.
The property’s service package is planned to include valet parking, secure package storage, optional laundry service, and in-house cleaning and refresh services. Short-term rentals will be permitted at the development. PMG Residential is exclusively representing sales, which are expected to commence during the first week of June ahead of the FIFA World Cup in Miami.
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