Downtown Miami

Permits Filed For The Crosby Miami Worldcenter At 601 North Miami Avenue

New construction permits have been filed for The Crosby Miami Worldcenter, a 33-story residential building slated for the 27-acre Miami Worldcenter 10-block mixed-use complex in Park West, Downtown Miami. Designed by Cohen Freedman Encinosa & Associates and developed by Related Group and Merrimac Ventures under the DT G Block LLC, the 376-foot-tall will yield 450 fully finished and furnished condominium units spread across 387,355 square feet with interiors by AvroKO, as well as 3,370 square feet of general retail space. Beauchamp Construction Co., Inc. is the general contractor for the project, which is addressed as 601 North Miami Avenue.

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Developers Secure $76 Million In Construction Funding For 37-Story District 225 In Downtown Miami

Related Group, along with ROVR Development and BH Group, have landed a hefty $76 million loan to begin construction on District 225, a 37-story Airbnb-branded condominium development planned for a 15,000-square-foot site at 225 North Miami Avenue in Downtown Miami. Construction funding came from New York-based lender Madison Realty Capital to build the 394-foot-tall tower, which was approved by city planners in April 2021. The project is designed by Sieger Suarez Architects with interiors by the Meshberg Group, and will include 343 fully-finished and furnished units – all of which are sold out. The construction of District 225 will be managed by Craft Construction Company LLC. according to pending permits, and is projected to completed in 2024.

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Lions Group And Fortis Design + Build File Plans For 57-Story M Tower In Downtown Miami

On July 20, 2022, Miami’s Urban Development Review Board will consider proposals for M Tower, a 57-story mixed-use building planned for 56 Southwest 1st Street in Downtown Miami near the City’s Government Center. The applicants, Downtown 1st Street LLC, an affiliate of New York-based Lions Group NYC, and Miami-based Fortis Design + Build are proposing to improve the 1.046-acre property with a nearly 600-foot-tall mixed-use development consisting of a public parking garage for 694 vehicles and 10,531 square feet of ground floor commercial space, and a multifamily residential tower with 675 residential units. The project is designed by Nichols Architects with Naturalficial as the landscape architect, and Kimley-Horn is the civil engineer.

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Helm Equities Reveals $300 Million Plan For Parterre 42, The First COOKFOX-Designed Tower In South Florida

Helm Equities, a progressive real estate development, investment and management organization based in New York City and affiliate of New York City-based JEMB Realty Corporation, recently announced plans for the $300 million development of Parterre 42, a 500,000-square-foot office and retail building in the heart of the Miami Design District. Designed by New York City’s award-winning COOKFOX Architects, experts in biophilic design, along with ODP Architecture & Design as the architect of record, Parterre 42 introduces Miami’s first seamless indoor-outdoor working experience. With more than 80,000 square feet of functional outdoor space dispersed across all floors of the building, providing both private terraces and shared outdoor experiences, overflowing with lush greenery, Parterre 42 will redefine what is possible in a Miami office experience.

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

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.

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