Downtown Miami

The 49-Story Elser Hotel And Residences Officially Opens At 398 NE 5th Street In Downtown Miami

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

On November 17, local dignitaries and hospitality professionals gathered at 398 Northeast 5th Street in Downtown Miami to celebrate the official grand opening of The Elser Hotel & Residences with a ribbon-cutting ceremony. Highgate officiated the event, the hotel’s management company, alongside national developer PMG, Canadian real estate private equity firm Greybrook, the Miami Beach Chamber of Commerce, and Government Liaison Tomas Alcala.

Natiivo Tops Out 51-Story Pinnacle At 601 Northeast 1st Avenue In Downtown Miami

8:00 am on November 17, 2022 By Oscar Nunez

On November 11, Sixth Street Miami Partners LLC and KAST Construction celebrated the topping off of Natiivo (601 Miami), a 51-story mixed-use building located at 601 Northeast 1st Avenue in Downtown Miami. It’s a milestone…

Miami Worldcenter’s First Tenant, Ariete Hospitality Group’s Brasserie Laurel, Is Scheduled To Open On November 28

7:30 am on November 12, 2022 By Oscar Nunez

With a Michelin Star under his belt for his highly acclaimed restaurant Ariete, Chef Michael Beltran and his team at Ariete Hospitality Group (AHG) bring another stellar concept to Miami’s lineup of remarkable dining and drinking spots. Brasserie Laurel will deliver upscale French-inspired Miami cuisine to Miami Worldcenter in Downtown Miami. Set to open to the public on November 28, 2022, Brasserie Laurel will focus on local, seasonal ingredients and provide a wide array of table-side services for some of their signature dishes. The quality of food preparation and service will be at the levels of Ariete; it is no secret that the drive is to deliver world-class hospitality and maintain the highest standards.

Aria Development Group Celebrates The Grand Opening Of YotelPad Miami

8:00 am on November 6, 2022 By Oscar Nunez

On Thursday, October 27, New York and Miami-based Aria Development Group, in partnership with AQARAT, one of Kuwait’s leading real estate companies, celebrated the grand opening of YotelPad Miami with a party-themed all things 305. Located 227 Northeast 2nd Street in the heart of Downtown Miami, the stylish 31-story mixed-use project, designed by Stantec, was the first new construction condominium in the area to offer buyers the option to rent out their units for short-term stays without restrictions. The location consists of 222 Yotel rooms and 231 residence-style pads. YotelPad Miami is the brand’s second pad location worldwide following the 2020 opening of YotelPad Park City, marking the sixth location in the US and 21st globally.

Aetna Realty Unveils Conceptual Renderings For Two Towers At 22 East Flagler Street In Downtown Miami

8:00 am on November 1, 2022 By Oscar Nunez

Aetna Realty, a fully integrated New York-based real estate investment company, has unveiled conceptual renderings of a potential redevelopment of 22 East Flagler Street in Downtown Miami. The 1.65-acre property comprises two parcels situated along South Miami Avenue between East Flagler Street and Southeast 1st Street and was once home to a Macy’s and now defunct Burdines department stores. The property boasts over 500,000 square feet of commercial space with its current improvements, which are two 75-year old multistory structures connected via a sky bridge hovering over South Miami Avenue. According to Aetna Realty, the property is primed to become another one of their crown jewels with two soaring skyscrapers spanning 50 to 55 stories.

Construction Permits Filed For 650-Foot-Tall M Tower At 56 SW 1st Street In Downtown Miami

8:00 am on October 30, 2022 By Oscar Nunez

Construction permits have been filed for M Tower, a 56-story mixed-use building planned for 56 Southwest 1st Street in Downtown Miami near the city’s Government Center district. Designed by Nichols Architects and developed by Great Neck, New York-based Lions Group NYC under the Downtown 1st Street LLC, development plans call for 507,071 square feet of residential space across 675 residential units 10,531 square feet of ground floor retail space, and 694 parking spaces. Naturalficial is the landscape architect, and Kimley-Horn is the civil engineer. Balfour Beatty Construction has been named the general contractor.

Savage X Fenty, lululemon, Ray-Ban & Posman Books Coming to Miami Worldcenter in Downtown Miami

8:00 am on October 29, 2022 By Oscar Nunez

Four retail concepts will be joiningthe already highly-anticipated roster of tenants slated to open at Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership has completed leases with disruptor brand Savage X Fenty to open its first Florida location, as well as global brands lululemon and Ray-Ban, and New York-based Posman Books. Miami Worldcenter’s newest retailers, which are anticipated to open in 2023, expand the exceptional lineup of recently announced tenants including two food and beverage concepts opening soon by Michelin-star Chef Michael Beltran, Brasserie Laurel and El Vecino; Chicago’s Maple & Ash and etta restaurants; Sports & Social, a dining and entertainment concept; as well as other nationally recognized brands including Sephora, Bowlero, and Lucid Motors.

Bilzin Sumberg Renews Lease At Rilea Group’s 35-Story 1450 Brickell Office Tower Designed By Nichols Architects

7:30 am on October 17, 2022 By Oscar Nunez

Nearly 25 years since launching in the heart of Downtown Miami, preeminent law Firm Bilzin Sumberg is doubling down on its Florida growth strategy with a significant office lease that will preserve its position as one of the central tenants at the 1450 Brickell office tower. The firm has renewed its lease for nearly 84,000 square feet of space at the Class A building, representing one of the largest law firm footprints in Miami’s urban core. Bilzin Sumberg’s renewal of its lease coincides with an influx of residents, companies, and investment into South Florida, with the Firm pursuing a strategy of steady growth that has solidified its role as a catalyst for business and wealth migration.

Groundbreaking Date Announced For 1,049-Foot Supertall Waldorf Astoria Hotel & Residences In Downtown Miami

8:00 am on October 16, 2022 By Oscar Nunez

Today, national developer Property Markets Group along with Canadian private equity firm Greybrook Realty Partners, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton proudly announce the official groundbreaking of Waldorf Astoria Hotel & Residences in Downtown Miami. Located at 300 Biscayne Boulevard, the soaring tower will rise 100 stories and 1,049 feet above Biscayne Bay, marking Miami’s first supertall tower and the tallest residential building south of New York City. This also marks the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami and South Florida market. John Moriarty Associates is the general contractor and is scheduled to break ground on Thursday, October 27, 2022.

Okan Tower Gets Slight Height Reduction In New FAA Filing, Permits For Tower Cranes Filed

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

An October 5th filing at the Federal Aviation Administration (FAA) reveals Okan Tower, the 70-story mixed-use skyscraper planned for 555 North Miami Avenue in Downtown Miami, has gotten a slight height reduction. New building permit applications show the massive tower would rise 893 feet, or 906 feet above sea level, a decrease of 9 feet from the previously planned 902 feet and 915 feet above sea level. The tulip-inspired tower is designed by Behar Font & Partners for developer Okan Group. It will be anchored by Hilton Hotel & Residences and yield 399 residential units mixed between condos and condo-hotel units, a five-star resort-hotel with 316 rooms, 67,588 square feet of Class A office space, and nearly 3,000 square feet of retail/commercial space. Civic Construction is the project’s general contractor, located on the southeast corner of the intersection between North Miami Avenue and Northeast 6th Street.

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