Downtown Miami

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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NATIIVO. Designed by Arquitectonica.

Foundation Work Underway For ‘NATIIVO’ At 601 NE 1st Avenue In Downtown Miami

Foundation work has continues at 601 Northeast 1st Avenue, the site of the 51-story NATIIVO in Downtown Miami. Designed by Arquitectonica and developed by Sixth Street Miami Partners LLC, a company owned by the Galbut Family, the development is planned to rise 588-feet and yield 932,859 square feet of residential, office, hotel and commercial spaces. Located just south of the Miami Worldcenter development, the site is bounded by Northeast 1st Avenue to the west, Northeast 6th Street to the south and Northeast 2nd Avenue to the east. Kast Construction is listed as the contractor for the job.

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Nexus Riverside. Designed by NBWW Architects.

The Adler Group Moves Forward With Phase One Of The Redevelopment Of Miami’s Riverside Center

Miami-based developer Adler Group has made another stride forward with their plans to redevelop Miami’s Riverside Center, a 3-acre multi-building mixed use development located along the Miami River addressed as 230 Southwest 3rd Street and 444 Southwest 2nd Avenue. A deal was just recently inked with Miami-Dade County at the cost of $603,586.50 to connect the development to the city’s utilities. The deal will allow the connection for 430 residential units, 286,000 square feet of office space and a 14,000-square-foot full service restaurant. NBWW Architects is design architect for the project.

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Block 55. Designed by Arquitectonica.

Swerdlow Group And Coastal Construction Break Ground On Block 55 At Sawyers Walk In Overtown, Miami

Coconut Grove-based developer Swerdlow Group, lead by Michael Swerdlow, has officially broken ground on Block 55, a massive 1.4 million square-foot mixed-use development located in Downtown Miami’s Overtown district. The structure will occupy an entire block bounded by NW 3rd Ave. and NW 2nd Ave. measuring nearly 150,000 square feet in total lot area, addressed as 249 Northwest 6th Street and rising right beside the northbound elevated Interstate 95. World-class design firm Arquitectonica is designing the building with Coastal Contruction as the general contractor.

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