Society Wynwood, a 10-story mixed-use development proposed for 2431 Northwest 2nd Avenue, is taking a major step forward in the Wynwood Arts District. Developers Property Markets Group (PMG) and Greybrook Realty Partners have landed a financing deal of $142.3 million for vertical construction of the 318-unit project, which broke ground earlier this year. The financing will be provided by Pacific Western Bank and Square Mile Capital, marking the third Society-branded project for South Florida. MKDA is listed as the architect with Moriarty Construction as the general contractor.
Property Markets Group
Demolition permits have been filed for the remaining structures at 300 Biscayne Boulevard, the future site of Miami’s first supertall mixed-use skyscraper – the Waldorf Astoria Hotel & Residences. Designed by Carlos Ott with Sieger Suarez Architects as the architect of record and developed by New York City’s Property Markets Group with Canada-based Greybrook Realty Partners, the structure is set to rise 1,049-feet across 100 stories over Downtown Miami and Biscayne Bay.
Glass façade installation is steadily progressing on the now topped-out Society Biscayne, a 49-story mixed-use skyscraper at 400 Biscayne Boulevard in Downtown Miami. Designed by Sieger Suarez Architects and developed by Property Markets Group in collaboration with Greybrook Realty Partners, the 571-foot-tall structure is one of several to recently rise along Biscayne Boulevard, and will bring a mixture of residential units, office spaces, a church, ground floor retail and a parking garage, while offering sweeping views of Biscayne Bay, Miami Beach and Downtown’s cityscape.
Construction is going vertical at Society Orlando, a two-tower mixed-use project of 17 and 28 stories in Downtown Orlando’s Central Business District. Designed by Orlando’s very own Baker Barrios and developed by Property Markets Group in collaboration with Raven Capital Management, the 825,000-square-foot development occupies an entire city block addressed as 434 North Orange Avenue, and is set to become the single largest residential project in all of Downtown Orlando.
Toronto-based online real estate brokerage Haüskey Inc. and Miami-based eReal Estate Holding, LLC have teamed up with some of today’s major real estate developers such as Property Markets Group (PMG), OKO Group, Newgard Development Group, KAR Properties, Lennar, Tishman Speyer and several other industry leaders to launch Condos.com, a global online marketplace dedicated to new and pre-construction condominium developments. The platform takes on a digital-first approach to purchasing condos by providing a seamless online sales experience for general buyers, developers and investors. Condos.com is headquartered in Miami, and is already rapidly expanding to various markets with the intentions of revolutionizing the way people buy condos.