Property Markets Group

E11EVEN Residences Beyond Breaks Ground Following $262M Construction Loan

8:00 am on June 5, 2023 By Oscar Nunez

Property Markets Group and E11EVEN Partners have secured a hefty $262 million construction loan and turned the first dirt on their second tower, E11EVEN Residences Beyond. This significant step forward paves the way for adding a remarkable 700-foot, 65-story skyscraper to Miami’s skyline, set to rise at 90 Northeast 11th Street in District 11 at Park West. Sieger Suarez Architects design the project, which will contain 550 residential units featuring interior design by AvroKO. John Moriarty & Associates is the general contractor.

Exterior Work On Society Orlando Phase One Approaches The Final Stages In Downtown Orlando

8:00 am on April 22, 2023 By Oscar Nunez

Exterior work is approaching the final stages on the first phase of Society Orlando, a two-towered, 1.5-million-square-foot mixed-use development located at 434 North Orange Avenue in Downtown Orlando. Designed by Baker Barrios and developed by a joint venture partnership between Property Markets Group and Raven & Company, the complex will yield 704 rental apartments paired with over 100,000 square feet of amenities, 33,000 square feet of retail space and nearly 900 parking spaces within a 5-story podium. The first phase of the development will offer 484 residential units spread throughout a 28-story structure topped out at 350 feet, making it the 9th tallest building in Orlando. John Moriarty & Associates is the project’s general contractor, located on the northwest corner of the cross between North Orange Avenue and West Livingston Street.

School Concurrency Agreement Reached For 100-Story Waldorf Astoria Hotel & Residences In Miami

8:00 am on April 7, 2023 By Oscar Nunez

Miami’s skyline is set to gain its first supertall tower with the development of the 100-story Waldorf Astoria Hotel & Residences, following a recent agreement between the School Board of Miami Dade County and the project’s developers. According to county records, the deal, entered on December 5, 2022, and recorded on March 6, will enable the construction of the 1,049-foot supertall tower at 300 Biscayne Boulevard. The School Board had previously authorized the agreement on October 19, 2022.

Developers File Demolition Permits For Sentral Brickell Site At 130 SW 8th Street In Miami

8:00 am on March 29, 2023 By Oscar Nunez

Demolition permits have been filed for a 1.15-acre site along Southwest 1st Avenue between Southwest 8th and 9th Streets in Brickell, Miami, where a dual-tower mixed-use development named Sentral Brickell is planned Designed by Sieger Suarez Architects, the project is being developed by a collaboration between developer Property Markets Group (PMG) and prop-tech firm Sentral. The north tower of Sentral Brickell is expected to rise 43 stories, reaching a height of 480 feet, while the south tower is planned to be slightly shorter at 31 stories and 360 feet tall. BG Group LLC has been named as the contractor for the demolition scope.

Developers Seek FAA Height Approval For 44-Story West Eleventh Residences In Miami

8:00 am on March 17, 2023 By Oscar Nunez

Developers Property Markets Group (PMG), Lion Development Group, and Marc Roberts Companies have filed with the Federal Aviation Administration (FAA) to approve their latest project, West Eleventh Residences. Located at 18 Northwest 11th Street in Downtown Miami, the tower will rise 44 stories, offering 659 fully furnished, turn-key residences and a distinctive 30,000 square foot, tri-level experiential entertainment and food hall on the ground floor. The development will focus on providing short-term rental flexibility and centralized management, making it a first of its kind in Miami.

Construction Nears Fully Topping Out On Society Wynwood At 2431 Northwest 2nd Avenue In Wynwood, Miami

8:00 am on November 26, 2022 By Oscar Nunez

Construction is near fully topping out 0n Society Wynwood, a 10-story mixed-use development at 2431 Northwest 2nd Avenue in the heart of Miami’s Wynwood Arts District. Designed by MKDA and developed by a joint venture partnership between national developer Property Markets Group and Canada-based private equity firm Greybrook Realty Partners, the 680,873-square-foot structure will have 318 residential units, over 50,000 square feet of retail/restaurant space, and over 200 parking spaces. John Moriarty & Associates is the project’s general contractor, located between Northwest 24th and 25th Streets.

The 49-Story Elser Hotel And Residences Officially Opens At 398 NE 5th Street In Downtown Miami

8:00 am on November 19, 2022 By Oscar Nunez

On November 17, local dignitaries and hospitality professionals gathered at 398 Northeast 5th Street in Downtown Miami to celebrate the official grand opening of The Elser Hotel & Residences with a ribbon-cutting ceremony. Highgate officiated the event, the hotel’s management company, alongside national developer PMG, Canadian real estate private equity firm Greybrook, the Miami Beach Chamber of Commerce, and Government Liaison Tomas Alcala.

Detailed Renderings And Diagrams Emerge For Upcoming E11EVEN Hotel & Residences In Downtown Miami

8:00 am on November 14, 2022 By Oscar Nunez

Detailed renderings and diagrams have been revealed via a new Urban Development Review Board application for E11EVEN Hotel & Residences, a mixed-use highrise under construction at 20 Northeast 11th Street in Downtown Miami’s Park West district. Designed by Sieger Suarez Architects with CHM Structural Engineers, LLC as the structural engineer, and developed between Property Markets Group and E11EVEN Partners under the PMG – 11th Street Venture LLC, the latest filing indicates the building will rise approximately 697 feet, or 709 feet above mean sea level, and span 63 stories. Plans for the development call for roughly 535,371 square feet of space inclusive of 485,000 square feet of residential space divided between 416 units, 38,860 square feet of commercial and retail space, and 41 parking spaces via a car elevator. The submittal is scheduled to be reviewed on November 16, 2022.

Developers Sign Utility Deal With Miami-Dade County For 100-Story Waldorf Astoria Supertall In Downtown Miami

7:30 am on November 10, 2022 By Oscar Nunez

A utility agreement has been signed for the Waldorf Astoria Hotel & Residences, a 100-story supertall mixed-use skyscraper that just recently broke ground at 300 Biscayne Boulevard in Downtown Miami. Designed by Sieger Suarez Architects in collaboration with Carlos Ott and developed by Property Markets Group and Greybrook Realty Partners, the 1,049-foot-tall structure will be the first to reach supertall heights in Florida. It will become the tallest residential building south of New York City and contain a mix of residential, hotel, and retail spaces.

Groundbreaking Date Announced For 1,049-Foot Supertall Waldorf Astoria Hotel & Residences In Downtown Miami

8:00 am on October 16, 2022 By Oscar Nunez

Today, national developer Property Markets Group along with Canadian private equity firm Greybrook Realty Partners, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton proudly announce the official groundbreaking of Waldorf Astoria Hotel & Residences in Downtown Miami. Located at 300 Biscayne Boulevard, the soaring tower will rise 100 stories and 1,049 feet above Biscayne Bay, marking Miami’s first supertall tower and the tallest residential building south of New York City. This also marks the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami and South Florida market. John Moriarty Associates is the general contractor and is scheduled to break ground on Thursday, October 27, 2022.

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