Property Markets Group

Society Orlando Phase 1 Tops Out At 434 North Orange Avenue In Downtown Orlando

8:00 am on August 25, 2022 By Oscar Nunez

Construction has topped out on Phase 1 of Society Orlando, a two-tower mixed-use development of 28 and 16 stories under construction at 434 North Orange Avenue in Downtown Orlando’s Central Business District. Designed by Orlando-based Baker Barrios and developed by Property Markets Group and Raven Capital Management, the approximately 350-foot-tall first phase will yield 484 residential units atop a massive podium with 33,000 square feet of ground floor commercial space and parking spaces. John Moriarty & Associates is the general contractor with Baker Concrete Construction managing concrete construction for the project, which is located on the northwest corner of the intersection between North Orange Avenue and West Livingston Street.

One Park Sarasota to Offer More than 120 Luxury Residences in Sarasota County, FL

7:00 am on August 22, 2022 By Colt Dodd

Construction on One Park Sarasota is expected to start later this Fall. The multi-million-dollar venture will offer 123 residences with six penthouses. Homes start at $2.8 million. Most units measure 2,760 square feet to 4,280 square feet––and they come fully furnished. The penthouses (each of which offer three bedrooms) measure 5,500 square feet to 8,460 square feet.

PMG And Greybrook Officially Launch The Elser Hotel & Residences In Downtown Miami

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

Property Markets Group (PMG) and Greybrook Realty Partners recently hosted an unveiling event to celebrate the launch of The Elser Hotel & Residences, a 49-story new construction luxury condominium tower at 398 Northeast 5th Street. Set in the heart of Downtown Miami with unobstructed views of Biscayne Bay, guests enjoyed a live band, experiential performances and endless champagne. Remarks were given by Ryan Shear, Managing Partner of PMG, and the PMG Residential sales team, Alejandra Castillo, Christian Tupper, Daiana Quiceno, Aura Aragon and Karine Carvalho. Designed by Sieger Suarez Architects with interior architecture and design by Cotofana Designs, The Elser Hotel & Residences will deliver the only new, fully furnished and move-in-ready residences to Downtown Miami this summer. The property will allow owners to enter a short-term rental program with daily rental options through The Elser Hotel & Residences Owners Program, managed by industry-leading management company Highgate.

PMG, E11EVEN Partners Submit FAA Application For 699-Foot-Tall E11EVEN Residences Beyond

8:00 am on July 28, 2022 By Oscar Nunez

The second E11EVEN-branded tower being planned by national investment and development firm Property Markets Group and E11EVEN Partners, led by Michael Simkins and Marc Roberts, is now under review by the Federal Aviation Administration (FAA). The 65-story structure, dubbed E11Even Residences Beyond, is proposed to rise 699-feet, or 709-feet above sea level at 90 Northeast 11th Street in Miami’s Park West district, mirroring the planned height and floor count of the first tower, E11EVEN Hotel & Residences. 461 condominiums are planned to be developed from this project, which is designed by Sieger Suarez Architects with award-winning design firm AvroKO Hospitality Group handling interiors. The developers applied for building permits on June 29, 2022.

PMG And Greybrook Shift 49-Story Downtown Miami Project To Condos And Short-Term Rentals, Launched As The Elser Hotel & Residences

8:00 am on July 9, 2022 By Oscar Nunez

National investment and development firm Property Markets Group and Toronto-based real estate private equity firm Greybrook have changed the programming for a newly completed 49-story project once known as Society Biscayne on the southwest corner of Biscayne Boulevard and Northeast 5th Street. The developers rebranded and launched the 571-foot-tall tower as The Elser Hotel & Residences and the property is now addressed as 398 Northeast 5th Street. The newly completed tower offers 646 fully furnished residences, over 19,000 square feet of curated amenities and 5,000 square feet of prime retail space. PMG Residential is the exclusive sales team for the property, with residences priced from the $600,000’s or the equivalent cryptocurrency exchange rate.

One Park Sarasota Opens Sales Gallery at 20 N. Lemon Ave., Reaches 50% Sold Mark

8:00 am on June 25, 2022 By Oscar Nunez

National developer Property Markets Group (PMG) and Sarasota-based JEBCO Ventures, are pleased to announce the grand opening of One Park Sarasota’s Sales Gallery located at 20 North Lemon Avenue. The sales gallery launches at the heels of astounding sales success, having sold over 50% of its units and slated to break ground in Q1 of 2023. One Park’s experiential sales gallery features a high tech immersive 10’ tall x 16’ wide LED wall that showcases the development and bay area, a full-size model kitchen, and an owner’s suite grand closet. Experience exceptional service and a serene ambiance as you immerse yourself in luxury living reimagined.

PMG And Sentral Partner Up For Dual-Tower, 1.5-Million-Square-Foot Mixed-Use Development At 130 SW 8th Street In Brickell, Miami

8:00 am on June 13, 2022 By Oscar Nunez

National investment, development, and asset management firm Property Markets Group (PMG), and Sentral, the rapidly expanding prop-tech company creating the world’s largest flexible living community, announced a partnership to develop a two-phase, 803-unit multifamily community with more than 15,000 square feet of retail space in the heart of Miami’s Brickell neighborhood. The acquisition of the site at 130 Southwest 8th Street will mark Sentral and PMG’s first partnership, as well as Sentral’s first purpose-built development as part of the brand’s national expansion. Phase one includes a 550-foot-tall, 46-story tower with 570 units and will break ground in late 2022, with completion slated in late 2024. Phase two will include a 380-foot-tall, 31-story tower with 233 units.

Foundation Permits Issued For Waldorf Astoria Hotel And Residences At 300 Biscayne Boulevard, Miami’s First Supertall Skyscraper

8:00 am on May 27, 2022 By Oscar Nunez

Foundation permits have been issued for 300 Biscayne Boulevard, the site of the upcoming 100-story Waldorf Astoria Hotel & Residences, the first supertall skyscraper to be developed in Miami. The project’s developers, Property Markets Group, Greybrook Realty Partners, S2 Development and Mohari Hospitality, were officially issued permits to begin foundation work on March 23, 2022, and Keller North America Inc. is listed as contractor. The scope of work involves site and soil improvements on the 43,791-square-foot development site with a price tag of $5,165,000. The permits expire on November 19, 2022, meaning ground breaking is likely to occur in the coming months.

Vertical Construction Permits Filed For 100-Story Waldorf Astoria Hotel & Residences, Miami’s First Supertall Skyscraper

8:00 am on April 8, 2022 By Oscar Nunez

New building permits have been filed for the vertical construction of the highly anticipated Waldorf Astoria Hotel & Residences, a 100-story mixed-use supertall skyscraper that’ll soon rise at 300 Biscayne Boulevard in Downtown Miami. Designed by Sieger Suarez Architects in collaboration with renowned architect Carlos Ott, and developed by Property Markets Group, along with partners Greybrook Realty Partners, Mohari Hospitality, S2 Development and global hospitality company Hilton, the building will simultaneously become Miami’s first supertall skyscraper and the tallest residential building south of New York City. rising 1,049-feet into the skyline. John Moriarty & Associates of Florida Inc. has been named as the general contractor

Phase One Of PMG’s Society Orlando Nears Topping Out At 434 North Orange Avenue

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

Construction is nearing the final floors on phase one of Society Orlando, a two-towered mixed-use development of 26 and 16 stories at 434 North Orange Avenue in the Central Business District of Downtown Orlando. The project is designed by Orlando’s very own Baker Barrios and is being developed by national real estate developer Property Markets Group (PMG) alongside New York City-based investment firm Raven Capital Management. John Moriarty & Associates is managing the development’s construction, which will ultimately yield 707 residential units between both towers and 36,000 square feet of ground floor commercial space. The first phase of construction is comprised of the taller, approximately 350-foot-tall tower rising along West Livingston Street with 462 units.

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