PMG Proposes a Two Tower Development with 803 Condo Units in Miami’s Brickell

New Tower by PMG Developers Announced
New Tower by PMG Developers Announced

New Tower by PMG Developers Announced

Property Markets Group, also known as PMG Developers has submitted designs for a twin-tower development with 803 residential condo units in Miami’s Brickell Financial District.

The proposed site will be located at a 1.15-acre property at 102, 106, 120, and 130 S.W. 8th St.; 826 S.W. First Ave.; and 101 S.W. 9th St, a block north of the Brickell Metrorail Station, on the west side of the Metrorail lines.

The property is under contract with PMG from Miami-based businesses 120 SW 8th Street LLC, 130 S.W. 8th Street LLC, Brickell Motel LLC, and King Condo 3B LLC (investors associated with the property). The site currently features a three-story office building with 15,560 square feet and a 4-story residential complex with 16 apartments, which would both be destroyed to make space for the project.

The building is anticipated to span over 1.5 million square feet between the 2 towers which will be connected by a parking podium. The north tower will rise 46 stories (550 feet), and the south tower will rise 31 stories (380 feet). The parking podium will contain 832 parking spots and 15,791 square feet of commercial space.

As of right now, the average unit size is expected to be 841 square feet. The current amenities for the project include multiple pool decks on the 13th, 31st, and 39th floors. There would also be a sky bridge connecting the buildings on the 31st floor.

The project will be designed by Sieger Suarez Architects. PMG is well-known for some of the city’s most significant projects, including the Waldorf Astoria Residences Miami. PMG has already filed the plans with the city and county.

St. Regis Residences Miami Reveals New Renderings

St Regis Residences Miami
St Regis Residences Miami

Sales have officially launched on the East tower of St. Regis Residences Miami. Along with the launch of St. Regis, comes new interior renderings and they are stunning! The Related Group and Integra Investments are bringing an architectural phenomenon to Miami.

St Regis Residences Miami Lobby

Located at 1809 Brickell Avenue in Brickell, these ultra-luxury twin towers will rise 47 and 48 stories tall. The East tower will feature 149 residences with interiors designed by Robert A.M. Stern Architects and the Rockwell Group. With units ranging from 2,300 square feet two bedrooms to 8,900 square feet duplexes. Pricing for units will begin at $2,800,000.

With the release of the new renderings, Jon Paul Perez, President of The Related Group states, “Much like the original St. Regis hotel brought about a new era of glamour and classic sophistication for the Empire State, The St. Regis Residences, Miami, are ushering in a new era for Brickell and all of Miami. Our entire development team is honored to have the opportunity to bring such a storied brand to this city, especially when energy and optimism around our region’s potential is at an all-time high.” 

St Regis Residences Miami Master Bed
St Regis Residences Miami Kitchen
St Regis Residences Miami Master Bath

Residence Features

  • Private elevator and entry foyer to each residence
  • Double door entry in select residences
  • 11-foot ceilings with integrated linear diffusers in living areas
  • Custom European marble flooring throughout
  • European solid wood doorways
  • All homes feature a powder room and laundry room
  • Integrated smart home technology
  • Gourmet kitchen with custom Italian cabinetry designed by Rockwell Group
  • Marble countertops and backsplashes
  • Fully-integrated Sub-Zero and Wolf appliance packages, including:
    • Paneled refrigerator
    • Paneled freezer
    • Full-height wine refrigerator
    • Convection oven
    • Steam oven
    • Microwave
    • Dornbracht fixtures
  • Oversized walk-in closets
  • Midnight bar and butler’s pantry
  • Split marble top vanities with Dornbracht fixtures
  • Oversized marble showers and free-standing bathtubs
  • Private water closets with Toto toilets

For December 2021, Related announced $63 million in sales for the St. Regis Residences Miami. The groundbreaking is expected to occur in the 3rd quarter of 2022.

St Regis Residences Miami Bar
St Regis Residences Miami Indoor Pool

ECHO Penthouse Slashes Price by $1 Million

Echo Brickell Penthouse Indoor Pool and Terrace
Echo Brickell Penthouse Indoor Pool and Terrace

Echo Brickell is one of the most sought-after buildings in downtown Miami. Completed in 2017, it was designed by architect Carlos Ott and developed by PMG and JDS Development Group. Rising 57 stories with 180 condo residences, it is the epitome of Brickell living.

With all of Echo’s luxury features and gorgeous units, one heavy hitter penthouse is currently on the market and just had a massive price cut. The penthouse was previously listed at $42 million in 2018 and was relisted in 2021 for $39.5 million. Now, the property has had a significant price reduction of $1 million at $38.5 million.

Located at 1451 Brickell Ave #PH01, this 11,000 square foot ultra-luxe penthouse spans over 2 floors (56th and 57th) with 5 bedrooms and 7.5 bathrooms. It’s all in the details with 28 ft ceilings, 360-degree views of the Miami skyline and Biscayne Bay from the expansive terrace, and an indoor Sky Pool.

The sophistication continues with its signature staircase, marble and glass throughout, and the gorgeous Poliform kitchen that will truly amaze. The primary suite features a midnight bar, designer closets, and dual marble baths. With the 6 parking spaces, aquatic center, office, staff quarter, and a BBQ, do you really even have to leave this penthouse? The best thing about this penthouse is that it was personally designed by Carlos Ott.

Echo’s units come fully furnished with 1 to 4 bedroom floor plans ranging from 748 to 11,068 square feet. Each residence features panoramic views of the water and skyline, 9 to 14-foot ceilings with floor-to-ceiling windows, and 6 to 8 foot deep terraces with a bbq area. The interiors are inspired by yoo Studio with 7-foot high Italian entry doors, marble flooring, Italian custom cabinetry, and high-end stainless steel appliances.

Tower Amenities Include:

  • Vanishing-edge pool and deck with panoramic views of Biscayne Bay, Downtown Miami, and Miami Beach
  • 2,800 square foot, state-of-the-art fitness center and spa overlooking pool, bay, and city
  • Resort-style poolside food and beverage service
  • Two hot tubs with sunbathing deck overlooking the Brickell skyline
  • Full-service concierge services
  • Ground-floor retail tenants Rosetta Bakery and Joe & the Juice.

Below is a video of the Carlos Ott Penthouse at Echo Brickell: https://www.miamicondoinvestments.com/property/1451-brickell-av-ph1-miami-fl-33131-a10521016.

If you or someone you know have an interest in purchasing at Echo Brickell, or any information on this penthouse, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Marriott and Westin Open a Dual-Branded Hotel in Brickell

AC Hotel Opens in Brickell
AC Hotel Opens in Brickell
Rendering for AC Hotel in Brickell

In Miami’s Brickell Financial District, a dual-branded hotel with considerable commercial space has opened. Robert Finvarb Cos. and Tony Cho recently finished the AC Hotel by Marriott and Westin located in the heart of Brickell at 115 S.W. Eight Street.

The AC Hotel totals 264 rooms with 156 inspired by the Marriott and 108 rooms by the Westin that caters to longer-term guests. Also included in the hotel are 22,500 square feet of ground-floor retail, and 4,600 square feet of meeting space. Rosa Sky is the bar located on the rooftop.

Amenities:

  • Pool
  • Bar in lobby
  • Fitness Center
  • Ground floor retail
  • Meeting space
  • Rooftop lounge

Robert Finvarb, CEO of the Finvarb Cos stated, “We believe our dual-brand property and Rosa Sky concept will fit in well with this market, offering an enhanced guest experience.”

The ground-floor retail space is currently under contract with Metro 1. Other tenants include a speakeasy piano bar Il Piano, Silver Mirror, La Suiza Bakehouse, and Toro restaurant.

Arquitectonica designed the hotel and John Moriarty & Associates of Florida was the general contractor. AC Hotel is just one block west of Brickell City Center and the Brickell Metrorail Station. AC Hotels currently have 107 locations in North America, 12 in Central America, 90 in Europe, and 6 in Asia.

Plans Submitted for 48 Story Tower: Brickell Gateway

Brickell Gateway Tower in Brickell
Gazit Horizons Reveals Brickell Gateway

Israeli-developer, Gazit Horizons, is on track to bring a 48 story tower to Miami’s Brickell. Located at 90 SW 8th Street next to Brickell City Centre, will be the Brickell Gateway Tower. The 377,000 square foot project will bring residential units, office spaces, a hotel concept, and retail to the neighborhood.

Gazit Horizons acquired the land in July 2017 for $29.5 million and March 1, 2021, was the date that the developers submitted plans for demolition. The tower is proposed to include 500 condo units.

The demolition approval is still pending. According to the plans, the site only permits plans for a building up to 48-stories and they are taking full advantage.

The demolition costs for the property would total $139,698 with an estimated cost for completion at $150 million. BG Group is listed as the demolition contractor for the project. Once approved, the developers are aiming for a completion date in quarter 2 of 2023.

The developers met with the City of Miami on February 15, 2022, for review. The current status of the project is still in redesign.

You may be familiar with the current site of the proposed tower. It is a black building with magnificent artwork portraying soccer-based graffiti. The soccer club, Club Internacional de Fútbol Miami, that houses the building has been renting the space since 2018. David Beckham is the Miami MLS Owner and President of Football Operations.

Brickell Gateway Tower in Brickell

1,049 Foot Supertall Tower Receives FAA Approval for Brickell Neighborhood

1428 Brickell Tower New Construction
1428 Brickell Tower New Construction

Brickell may be getting a new supertall tower after receiving approval from the Federal Aviation Administration. Now the plans will move on to the City of Miami to discuss design, permits, and construction.

The tower located at 1428 Brickell would rise 1,049 feet tall on 1.15 acres. The property is currently owned by Miami-based real estate developer Ytech.

Ytech has the rights to build an 825,000 square foot structure due to the air rights. Ytech’s website states, “In a sea of high-rises, 1428 marks a new chapter for luxury development and a turning point for the Brickell area.”

The FAA application was originally submitted on July 30, 2021 and was just granted approval on January 14, 2022. The project is currently being called 1428. Its T6-48A-O zoning means the property could house a tower that’s at least 48 stories tall.

The only information that has been released about the property is that there will be hotel-like services that owners can participate in.

Ytech also owns property nearby where an 80 story tower is possible. This site could also be a possibility for an additional supertall tower as well.

The developer purchased the site in January 2017 for $26.5 million from The Taplin Company LTD after a threat of foreclosure. Currently, there is a 9 story Bank United office building that was originally built in 1971 with 100,762 square feet. Taplin first purchased the property in 1994 for $4.4 million.

1428 Brickell Ave-Ytech
Current Site of 1428 Brickell

Madonna’s Former Miami Waterfront Mansion Sells for $29 Million

Madonna's Former Waterfront Mansion Sold
Madonna's Former Waterfront Mansion Sold

Madonna’s former home located in Miami was recently traded for $29 million while Queen of Pop originally sold the home in 2000 for $7.5 million.

Sited on 1.14 acres, the waterfront estate is located at 3029 Brickell Avenue just south of the Brickell neighborhood. With just over 8,400 square feet of living space, the mansion features 9 bedrooms and 8.5 bathrooms.

The property was built in 1928 and over the years it has been renovated and expanded for each owner’s needs. With the sub-tropical and Mediterranean style, the home showcases gorgeous stone archways throughout.

With art deco finishes and a traditional floor plan, the estate flows gracefully from one room to the next. The chef’s kitchen features high-end stainless steel appliances, European white cabinetry, and quartz counters.

The Mediterranean style continues outside with Italian stone pathways, fountains, and a gorgeous in-ground pool. Entertaining is made easy with the expansive covered and uncovered patio that overlooks Biscayne Bay and a dock with a boat lift.

This property is just 1 of 6 mansions on Biscayne Bay that reside on Brickell Avenue. The sale price of the home equates to $3,452 per square foot.

The sellers for the mansion are listed under a trust incorporated in the Bahamas with the President of the trust as Miami Beach attorney Monica Tirado. The buyers are listed as Paul Morelli who is the trustee of the Brickell Holdings Trust in care of Cenna Lanier who resides in Chicago.

Renderings Released for Baccarat Residences Miami

view from Baccarat Residences Tower 2 in Brickell Miami
Baccarat Residences Miami 75-story tower

Baccarat Residences Miami is the newest pre-construction tower located in Brickell that will soon grace the Miami skyline with its gorgeous glass exterior. The location is ideal placing Baccarat Residences in the heart of downtown at 444 Brickell Avenue.

Rising 75 stories, the collection includes 324 residences that will begin on the 15th level. The top 3 floors will feature 8 penthouses with immaculate ocean and skyline views. In addition, there will also be 28 riverfront flats and duplexes of your choosing.

Units will range from 1,330 square feet to over 7,000 square feet, with each unit featuring integrated purified air and water filters, impact-resistant floor-to-ceiling glass doors, 8-foot deep private terraces, and 10-foot high ceilings. Kitchens will be top-of-the-line with high-end appliances, granite counters, and custom cabinetry.

Interior Designed by Meyer Davis Studio, the building design incorporated a mixture of 18th-century French and 1930s Art Deco. The developer includes the Related Group with the landscape architecture designed by Enzo Enea.

view from Baccarat Residences Tower 2 in Brickell Miami

The elevated waterfront amenities deck will include an infinity pool with killer views of Miami and Biscayne Bay. Enjoy fine dining at the 10,000-square-foot restaurant that will be announced once construction continues. Additional amenities include a state-of-the-art fitness center, spa, wine cellar, and tasting room.

living-dining room from Baccarat Residences Miami
kitchen at Baccarat Residences Miami

Quick Facts:

DEVELOPMENT OVERVIEW

  • Privileged Brickell waterfront position, where the Miami River meets Biscayne Bay
  • Dazzling contemporary 75-story glass tower
  • Collection of 324 tower residences, 8 penthouses, and 28 riverfront flats and duplexes
  • Panoramic views of Biscayne Bay, the Miami River, and the Miami city lights and skyline from every residence
  • Artful service and amenities impeccably curated by Baccarat Hotels & Residences and expertly managed by SH Hotels & Resorts
  • Lushly landscaped waterfront promenade and private marina
  • Planned 10,000 square feet signature waterfront restaurant
  • Curated museum-quality art collection

BUILDING AMENITIES

  • Lushly landscaped secluded private entrance leading to the riverfront arrival court and elegant porte-cochere entrance
  • Exquisitely appointed entrance lobby with grand high ceilings leading directly to three banks of double private elevators to each residence
  • Permanent installation of curated museum-quality art collection throughout the building’s public spaces
  • Elevated 12th-level amenities resort deck loaded with a dramatic zero-entry heated saline swimming pool, outdoor spa, pool-side cabanas, summer kitchen area, and beautifully landscaped sun terrace
  • Glamorously designed Grand Salon, set as the ideal location for both intimate gatherings and grand celebrations
  • Luxurious Clubroom with bar and billiards, catering kitchen, and multimedia facilities
  • State-of-the-art fully equipped fitness center curated by Altitude
  • Fitness with cardio theater, spinning room, yoga and meditation rooms, all overlooking the pool deck resort area
  • Hammam spa with men’s and women’s steam and sauna facilities, luxurious treatment rooms, and spa shop
  • Private screening room with cutting-edge audiovisual equipment and theater-style seating
  • Game room with multimedia facilities and children’s playroom
  • Business Center with conference facilities and private workspaces
  • Gourmet market
  • Wine Cellar and Tasting Room
  • State-of-the-art Chef’s Kitchen and Private Dining room
  • Pet-friendly community with Pet Spa, Grooming, and Walk Service
  • Hair Salon & Barber Station
  • High-speed internet access in all public areas
  • Electric vehicle charging stations
  • Air-conditioned storage rooms
  • Bicycle storage spaces

BACCARAT GLOBAL MEMBER PRIVILEGES

  • Baccarat Owners Circle Services including private shopping, discounts on Baccarat crystal, discounted engraving and gilding, and priority status for custom production
  • Exclusive tour package to Baccarat France, available only to owners of Baccarat Residences
  • Invitations to Baccarat events worldwide
  • Preferred service and privileges at Maison’s Baccarat (Paris and Moscow), BBar (Tokyo) and Crystal Rooms worldwide
  • Hotel privileges in Baccarat Hotels and SH Hotels & Resorts worldwide

This project will break ground in 2022 with a completion date of 2024. If you or someone you know have an interest in purchasing one of the units at Baccarat Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

master bedroom Baccarat Residences Brickell Miami
balcony from Baccarat Residences Miami Brickell

Virtually Tour a 3-Bedroom Condo at Jade at Brickell Bay

3 bedroom condo at Jade at Brickell Bay

If you’re like most, you’re stuck at home waiting for this lockdown to end. But just because you’re home doesn’t mean you can’t use the time to virtually explore property. If you’ve never had the opportunity to tour a three-bedroom condo at Jade at Brickell Bay, here’s your chance. It’s a generously-sized residence with 2,130 interior square feet.

Unit 4305 at Jade at Brickell Bay is a three-bedroom, three-bathroom flow-through residence with east and west exposures. From the living room, kitchen, and master bedroom, enjoy direct, unobstructed views of the Atlantic Ocean and Biscayne Bay from the 43rd floor. The second and third bedrooms are located on the west side of the residence with views of the city. The unit has two spacious balconies (one on either side of the residence) and includes three assigned parking spaces plus one complimentary valet parking space.

Below is a 3D, virtual reality tour of unit 4305 at Jade at Brickell Bay:

With an asking price of $1.75M, unit 4305 is currently the best-priced three-bedroom unit in the building. Earlier this year, units 3307 and 2705 (both three-bedroom residences of the exact same size) sold for $1.785M and $1.69M, respectively.

Below is the floor plan for unit 4305 at Jade at Brickell Bay: