Miami

E11EVEN Hotel & Residences Breaks Ground; Additional Renderings Revealed For E11EVEN Residences Beyond

Construction is now underway at E11EVEN Hotel & Residences, a 65-story mixed-use building set to rise at 20 Northeast 20th Street in Downtown Miami’s Park West District. Designed by Sieger Suarez Architects and developed between New York City and Miami-based Property Markets Group and E11EVEN Partners, the edifice is expected to rise 699-feet elevated 10-feet above sea level and yield 375 fully-furnished residences with interiors by AvroKO. The development team, sales team and city officials gathered at the official groundbreaking ceremony for the project on the evening of October 11, 2021, featuring performances by CeeLo Green and a fire dancer. 

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The First Tower Of The Magic City Innovation District Is Submitted To Miami’s Urban Development Review Board

A 25-story mixed-use tower proposed for the upcoming 17.75-acre Magic City Innovation District in Little Haiti has been submitted to Miami’s Urban Development Review Board for approvals. The developer behind the application is MCD Miami LLC, a partnership between real estate developer Plaza Equity Partners, brokerage firm Metro 1, and investment firms Luna Rouge and Dragon Global. Parcel 11 is the tentative name for the new building and it’ll be the first of several towers to rise in the new Special Area District, projected to yield 522,806 square feet of space including 349 residential units, 13,010 square feet of retail space, and an adjacent connected parking and amenities structure with 393 vehicle spaces.

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E11EVEN Partners & Property Markets Group Announce The 65-Story E11EVEN Residences Beyond Tower

After the incredible success and fast sell-out of pre-construction luxury condos at E11EVEN Hotel & Residences, developers Property Markets Group and E11EVEN Partners are thrilled to announce they are launching a second phase to keep up with the unprecedented demand. Introducing E11EVEN Residences Beyond, a 65-story residential tower proposed to rise approximately 699-feet at 90 Northeast 11th Street in the Park West district of Miami, designed by non other than Sieger Suarez Architects. Set to offer a highly exclusive “members only” experience, the tower will yield 461 residences, a helipad and additional private amenities.

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Sales Launch For The 70-Story Okan Tower At 555 North Miami Avenue In Downtown Miami

Sales have launched for the highly-anticipated Okan Tower, a 70-story mixed-use skyscraper planned to rise at 555 North Miami Avenue in the epicenter of Miami’s urban core. Designed by Behar Font & Partners for Turkish real estate developer Okan Group, the 902-foot-tall structure will be anchored by Hilton Hotel & Residences and yield 163 Sky Residences with exclusive owners-only amenities, 236 Condo-Hotel Residences, a five-star hotel-resort with 316 room and endless amenities, and Class A Office Space. Plans for the project are now being fast-tracked with Fortune Development Sales leading sales and marketing.

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Miami River. Designed by Kobi Karp.

Chetrit Group Lands $310 Million Loan From Madison Realty Capital For The Kobi Karp-Designed 6.2-Acre Miami River Mega Project

The Chetrit Group’s vision for the 6.2-acre Miami River may finally come to fruition after landing a loan to begin construction. The New York City-based developer was granted $310 million in financing from Madison Realty Capital for the first two phases of the 4.2 million-square-foot mega project in Brickell, which is comprised of building the first of four towers and the additions and improvements to the riverwalk. The deal was arranged by Henry Bodek of Galaxy Capital Group, and is collateralized by the land for the last three phases. Kobi Karp is the architect for development, which will ultimately yield 1,928 residential units, 330 hotel rooms, 196,882-square-feet of retail space, and 98,040-square-feet of office space across multiple glass-clad towers along with boat slips, an outdoor theater, a residents lounge, a business center, a state-of-the-art gym, a pool, and a café.

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