Developers are working on the Gale Hotel & Residences. The venture, occupying seven of the 51 floors, will offer 240 luxury condos: 160 for short-term rentals and the remaining 80 as hotel/apartment units.
A new 51-story mixed-use tower is destined to rise in Downtown Miami. The project’s official name is “Natiivo”, the first building purposefully designed for home-sharing, which is anticipated to rise to a full height of 588-feet. Addressed as 601 Northeast 1st Avenue, the corner plot of land in which the project is located is within Miami’s Central Business District. The developer, Sixth Street Miami Partners, LLC, an entity affiliated with the Galmut Family, has partnered with famed architectural firm Arquitectonica to design the building.