Property Markets Group

Society Biscayne. Courtesy of ArX Solutions USA LLC.

Society Biscayne Nears Topping Out In Downtown Miami

Construction nears topping out on Society Biscayne at 400 Biscayne Boulevard, a 571-foot-tall mixed-use skyscraper in Downtown Miami. Designed by Sieger Suarez Architects, the 49-story tower is one of the most recent to rise along Biscayne Boulevard and amongst the tallest under construction within Miami’s city limits, located near the American Airlines Arena and Bayfront Park, and one block north from the site of the upcoming Waldorf Astoria Hotel and Residences. The developers of the tower are Property Markets Group and Greybrook Realty Partners.

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Waldorf Astoria Miami. Rendering courtesy of ArX Solutions USA LLC.

Envisioning The Future Supertalls Of The City Of Miami

In recent years, the city of Miami has seen an influx of proposals for supertall skyscrapers; this supertall is defined as a building reaching the height of 300 meters or greater, or a minimum of 984 feet. Various developers have put together elite teams of architects and engineers to bring the phenomenon to South Florida, yet as of today, none have been constructed. Skyscraper construction is no myth in the area as the city’s skyline is densely packed with hundreds of high rises, and perhaps even some that visually appear to come close to 300 meters, but a legitimate supertall has yet to come to fruition. This could be due to various factors, such as funding or engineering obstacles; maybe in the past the demand wasn’t there. But what we do know is that the FAA, the Federal Aviation Administration, has approved a handful of supertall skyscraper proposals. These are the most recently proposed and approved projects. 

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Society Orlando. Designed by Baker Barrios.

Activity Spotted At The Site of Property Markets Group’s “Society Orlando”

YIMBY recently spotted activity at 434 North Orange Avenue in Downtown Orlando, the site of an upcoming mixed-use development known as Society Orlando. The developers behind the project, Property Markets Group and Raven Capital Management, are establishing the Society Living hospitality brand in the city with plans for a two-tower structure topping out at 28-stories. Due to the pandemic, construction has been delayed for several months, and now seeing movement on the site could mean the tower could be going vertical soon. 

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Podium Level and Upper Floors at Society Biscayne. Photo by Oscar Nunez | @Skyalign

Society Biscayne At 400 Biscayne Boulevard Continues Ascent In Downtown Miami

Construction is making steady progress at Society Biscayne designed by Sieger Suarez, a 571-foot-tall mixed-use skyscraper rising in Downtown Miami. Developed by Property Markets Group and Greybrook Realty Partners, the 49-story tower is located at the south-east corner of Biscayne Boulevard and NE 5th Street. The site is addressed as 400 Biscayne Boulevard, sitting directly across the street from Bayside Marketplace and just steps away from the American Airlines Arena. This development also happens to be one of the largest to rise in the current building boom, adding a total of 951,573 square feet of real estate to the city of Miami.

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Waldorf Astoria Miami. Rendering courtesy of ArX Solutions USA LLC.

PMG & Greybrook Officially Announce The 1,049-Foot-Tall Waldorf Astoria Miami

Developers Property Markets Group (PMG) and Greybrook Realty Partners have officially announced their next grand development, and it will come in the form of a mixed-use supertall skyscraper that will become not only the tallest, but also the first to rise of its height class in the state of Florida; the Waldorf Astoria Hotel and Residences. Addressed as 300 Biscayne Boulevard, the 100-story tower will elevate the Downtown Miami skyline to new heights at 1,049-feet, additionally picking up the title of the tallest building south of New York City. It will rise at the northwestern corner of Biscayne Blvd and NE 3rd Street, right across from Bayfront Park and Bayside Marketplace.

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