Property Markets Group

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

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

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.

One Park Sarasota Opens Sales Gallery at 20 N. Lemon Ave., Reaches 50% Sold Mark

8:00 am on June 25, 2022 By Oscar Nunez

National developer Property Markets Group (PMG) and Sarasota-based JEBCO Ventures, are pleased to announce the grand opening of One Park Sarasota’s Sales Gallery located at 20 North Lemon Avenue. The sales gallery launches at the heels of astounding sales success, having sold over 50% of its units and slated to break ground in Q1 of 2023. One Park’s experiential sales gallery features a high tech immersive 10’ tall x 16’ wide LED wall that showcases the development and bay area, a full-size model kitchen, and an owner’s suite grand closet. Experience exceptional service and a serene ambiance as you immerse yourself in luxury living reimagined.

PMG And Sentral Partner Up For Dual-Tower, 1.5-Million-Square-Foot Mixed-Use Development At 130 SW 8th Street In Brickell, Miami

8:00 am on June 13, 2022 By Oscar Nunez

National investment, development, and asset management firm Property Markets Group (PMG), and Sentral, the rapidly expanding prop-tech company creating the world’s largest flexible living community, announced a partnership to develop a two-phase, 803-unit multifamily community with more than 15,000 square feet of retail space in the heart of Miami’s Brickell neighborhood. The acquisition of the site at 130 Southwest 8th Street will mark Sentral and PMG’s first partnership, as well as Sentral’s first purpose-built development as part of the brand’s national expansion. Phase one includes a 550-foot-tall, 46-story tower with 570 units and will break ground in late 2022, with completion slated in late 2024. Phase two will include a 380-foot-tall, 31-story tower with 233 units.

Foundation Permits Issued For Waldorf Astoria Hotel And Residences At 300 Biscayne Boulevard, Miami’s First Supertall Skyscraper

8:00 am on May 27, 2022 By Oscar Nunez

Foundation permits have been issued for 300 Biscayne Boulevard, the site of the upcoming 100-story Waldorf Astoria Hotel & Residences, the first supertall skyscraper to be developed in Miami. The project’s developers, Property Markets Group, Greybrook Realty Partners, S2 Development and Mohari Hospitality, were officially issued permits to begin foundation work on March 23, 2022, and Keller North America Inc. is listed as contractor. The scope of work involves site and soil improvements on the 43,791-square-foot development site with a price tag of $5,165,000. The permits expire on November 19, 2022, meaning ground breaking is likely to occur in the coming months.

Vertical Construction Permits Filed For 100-Story Waldorf Astoria Hotel & Residences, Miami’s First Supertall Skyscraper

8:00 am on April 8, 2022 By Oscar Nunez

New building permits have been filed for the vertical construction of the highly anticipated Waldorf Astoria Hotel & Residences, a 100-story mixed-use supertall skyscraper that’ll soon rise at 300 Biscayne Boulevard in Downtown Miami. Designed by Sieger Suarez Architects in collaboration with renowned architect Carlos Ott, and developed by Property Markets Group, along with partners Greybrook Realty Partners, Mohari Hospitality, S2 Development and global hospitality company Hilton, the building will simultaneously become Miami’s first supertall skyscraper and the tallest residential building south of New York City. rising 1,049-feet into the skyline. John Moriarty & Associates of Florida Inc. has been named as the general contractor

Phase One Of PMG’s Society Orlando Nears Topping Out At 434 North Orange Avenue

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

Construction is nearing the final floors on phase one of Society Orlando, a two-towered mixed-use development of 26 and 16 stories at 434 North Orange Avenue in the Central Business District of Downtown Orlando. The project is designed by Orlando’s very own Baker Barrios and is being developed by national real estate developer Property Markets Group (PMG) alongside New York City-based investment firm Raven Capital Management. John Moriarty & Associates is managing the development’s construction, which will ultimately yield 707 residential units between both towers and 36,000 square feet of ground floor commercial space. The first phase of construction is comprised of the taller, approximately 350-foot-tall tower rising along West Livingston Street with 462 units.

PMG and JEBCO Ventures’ One Park Sarasota Achieves $150M in Sales in 30 Days

8:00 am on February 23, 2022 By Oscar Nunez

National real estate developer Property Markets Group (PMG) and Sarasota-based JEBCO Ventures, are pleased to announce One Park Sarasota, an 18-story luxury residential development located in Downtown Sarasota on the southeast corner of Boulevard of the Arts and North Tamiami Trail, has achieved the milestone of $150 million in sales in just 30 days. The project, designed by Sarasota-based firm Hoyt Architects, has achieved extraordinary sales volume in this timeframe, marking an unseen pace in Sarasota’s real estate market. Coldwell Banker Realty is the sales team for One Park Sarasota, with Matthew Day, Chelsa Vahtomin and Robert Robinson exclusively representing sales.

1,049-Foot Supertall Waldorf Astoria Hotel & Residences Sells 72% Of Inventory Prior To Construction

8:00 am on January 15, 2022 By Oscar Nunez

National developer Property Markets Group, along with partners Greybrook Realty Partners, Mohari Hospitality, S2 Development and global hospitality company Hilton have announced that the Waldorf Astoria Hotel & Residences, Florida’s upcoming first supertall skyscraper, has sold 72% of its residential inventory in just nine months. Designed by Sieger Suarez Architects in collaboration with renowned architect Carlos Ott and featuring interiors by award-winning interior design firm BAMO, the building will rise 100 stories and 1,049 feet above Downtown Miami and Biscayne Bay as the tallest residential and hotel building south of New York City, set to become a landmark beacon for the city and an architectural wonder in Florida. Located at 300 Biscayne Boulevard, the development will mark the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami market.

Society Orlando’s Concrete Superstructure Continues Vertical Ascent In Downtown Orlando

8:00 am on January 7, 2022 By Oscar Nunez

Construction continues to rise on Society Orlando, a 330-foot-tall, 26-story mixed-use development at 434 North Orange Avenue in Downtown Orlando. Designed by Orlando-based Baker Barrios and being developed by Miami and New York City-based Property Markets Group (PMG) alongside investment partner Raven Capital Management (Raven), the project consists of a pair of towers that will yield a combined 707 residential units under PMG’s Society Living brand with approximately 36,000 square feet of ground floor commercial space. The first phase of the development is making rapid vertical progress with John Moriarty & Associates as the general contractor.

Waldorf Astoria Miami. Rendering courtesy of ArX Solutions USA LLC.

Waldorf Astoria Residences Miami Unveils Sky Collection

8:00 am on December 13, 2021 By Oscar Nunez

The developers of Miami’s upcoming first supertall skyscraper have unveiled the Sky Collection of residences at the Waldorf Astoria Hotel & Residences, a 1,049-foot-tall mixed-use development planned to rise 100 stories at 300 Biscayne Boulevard in Downtown Miami. The tower’s design features 9 offset glass cubes stacked upon one another, designed by Sieger Suarez Architects in collaboration with Carlos Ott for developers Property Markets Group (PMG), Greybrook Realty Partners, Mohari Hospitality and S2 Development. The Sky Collection is comprised of 40 luxurious residences featuring interiors designed by award-winning California-based design firm BAMO, priced from $4.9 million.

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