PMG will be the First Developer to Accept Cryptocurrency on Pre-Construction Tower – E11EVEN Hotel & Residences
Following the wake of the Bitcoin 2021 Conference, cryptocurrency has made a name in Miami and continues to grow throughout the country. Adding to the long list of companies accepting cryptocurrency, you can now add PMG Development. PMG will be the first developer to accept cryptocurrency for deposits on pre-construction condos.
In April 2021, E11EVEN Miami nightclub began accepting crypto but now E11EVEN Hotel & Residences is the first major development that PMG is accepting the digital currency.
E11EVEN Hotel & Residences is a luxury high-rise in the Park West District of Miami, and is considered one of the fastest-selling condominium projects in the last decade. It has gained national and international attention with Candance Park of the WNBA, Sage Steele of ESPN, and Luke Rockhold a MMA fighter have expressing interest in the development.
The residences are fully-finished and fully furnished starting at $300,000 and the floor plans consist of studio to 2 bedrooms. There is also a limited Penthouse Collection and 2 Presidential Suites.
Construction Information
Co-developed by Property Markets Group (PMG) and E11EVEN Partners
Sieger Suarez Architects
Interiors curated by AvroKO Hospitality Group
Building Features
E11EVEN® app fore concierge services and building amenities
Common areas featuring museum-quality curated fine art and installations
Limited Penthouse Collection and two Presidential Suites
Views of the Miami skyline, Biscayne Bay and Atlantic Ocean
Club E11EVEN® Bar & Lounge
5-Star gourmet food hall
Casino-Style Sports Lounge
Chopra Spa & Studio mind & body experiences featuring state-of-the-art fitness center, meditation, yoga, and customized treatment services
20,000 Square-foot, ultra-modern multi-level E11EVEN® Day Club and pool sits above 11 stories, overseeing the stunning Miami skyline
E11EVEN’s® rooftop experience is a unique 24/11 poolside venue featuring its own signature dining experience
E11EVEN® Beach Club
Complimentary 24-hour valet
Residence Features
9’6 – 10’ floor-to-ceiling windows varies by floor with stunning Miami skyline and Biscayne Bay views
Smart home technology experience. Includes integrated audio, video and lighting systems
Contemporary lighting package
All residences include LED (or water-based) fireplace in every living room
Fully built-out closets in the master bedrooms
Washer and dryer
French balconies in select residences
Pre-wired for high-speed communications, multiple telephone lines, and cable
All residences include a signature Home Essentials Package: silverware, glassware, linens, sheets, towels
11 Resident Membership Package featuring exclusive beach club, day pool and ultra club access
Kitchens with custom countertops and backsplashes
Imported and custom kitchen and bathroom cabinetry by Italkraft
Subzero and Wolf appliance package includes microwave, dishwasher, convection oven and refrigerator
Waterworks bathroom fixtures, features & accessories
Frameless glass-enclosed showers
This project will break ground later this year. If you or someone you know have interest in purchasing one of the units at E11EVEN Hotel & Residences, or any information on the cryptocurrency process, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Five Park is set to be Miami Beach’s Tallest Residential Tower at 519 Feet
Sales are officially underway for Five Park! Five Park will be Miami Beach’s newest residential condo tower, rising 48 stories tall. It is expected to be Miami Beach’s tallest tower at 519 feet high.
Located at 500 Alton Road Miami Beach, this tower will feature 98 residential units with two- to five-bedroom floor plans with 1,434-6,000 square feet. Residences will feature private elevators, open floor plans, ten-foot-wide sliding doors opening to an expansive terrace, and 10′ ceilings. Pricing will range from $2.55 to $7.7 million.
Developers for this project include the Terra Group and GFO Investments. Terra Group is well-known for their projects at 900 Biscayne Bay, and Grove at Grand Bay. GFO is currently backing the project Natiivo Miami. The architect for this project is Arquitectonica and designer Gabellini Sheppard.
The condo units will face east with expansive views of the ocean, Biscayne Bay, and the Miami skyline. Five Park has an ideal location in the South of Fifth neighborhood. Its location places residents near restaurants, shopping, and the beach.
Five Park will also feature Miami Beach’s first ‘Member’s Only’ club which will be located on the 26th floor, called the Canopy Club.
Residence Features:
Private elevators
Expansive, open floor plans maximize the Miami sunlight
10’ wide sliding door openings enable terrace access from living rooms
Finished floor terraces accentuate a harmonious blend of indoor-meets-outdoor living
Design-forward Hansgrohe bathroom fixtures feature in secondary bathrooms
Front-load washers and ducted, vented dryers for clean and quiet laundry access
Custom Five Park app allows you to conveniently manage your amenity and at-home experience
Residences are prepped with platinum pre-wiring
Building Features:
Co-working area with private offices and board rooms
Children’s learning lab & teen club
Screening room
Luxury short-term guest suites for friends and family
Resident-only pool bar & café
24-hour concierge and butler service
Housekeeping services available
Beach Club transportation via electric Moke
Fully-outfitted Gym
Spa & Treatment rooms
State-of-the-art fiber-optics provide high-quality internet and WiFi service from every corner of Five Park residences and amenities, even garage and elevator space
Canopy Club (Outdoor) Amenities:
Sky gaze from club lounge, dining, and living rooms outfitted with outdoor terraces that host amazing views of downtown Miami and Miami Beach
Enjoy elegant, secluded entertainment options at the private jewel box bar, lounge, and billiards rooms
Engage in a quiet night in at the clubroom den
Take advantage of the Canopy Club’s private dining room, perfect for special events
A club-level dining experience curated seasonally by a host of visiting renowned chefs
A wellness lounge outfitted with private training areas, an outdoor workout zone, exercise bikes, a yoga deck, and juice bar amid spectacular bay and ocean views
In-house personal trainer and wellness coach
Women’s and men’s spa lounges, each with separate saunas, a hammam, and a dedicated massage and treatment room
Dedicated club-level concierge
Construction is underway for Five Park and is expected to be completed in 2023. If you or someone you know have an interest in purchasing one of the units at Five Park Miami Beach, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Legacy Hotel & Residences Sells out at 100% at Pre-Construction
Legacy Miami Worldcenter also known as Legacy Hotel & Residences is one of the newest pre-construction residential towers located in Park West Miami. This luxury tower will rise 668 feet tall with 50 stories. This tower has officially sold out before the groundbreaking. According to the South Florida Construction Journal, this is the first development in downtown Miami to sell out prior to construction.
Centrally located at 942 NE 1st Avenue in the heart of the Miami Worldcenter ‘mega-development.’ This mixed-use project will feature 287 residences, 262, luxury hotel rooms, restaurants, business center, medical office, retail, and a rooftop atrium with multiple amenities. It will also be considered the second tallest tower at Miami Worldcenter.
The residences will consist of studios, one-bedroom, and two-bedroom floor plans ranging from 368 to 964 interior square feet. Developed by Royal Palm Companies with Kobi Karp as the architect and ID & Design International designing the interior space. This tower will feature state-of-the-art living without any rental restrictions. This allows homeowners to rent their units on a short-term basis through AriBnB, VRBO, or through Legacy’s rental program. The residences at Legacy Hotel & Residences will come fully furnished.
The sold units include a total of 310 with a combined value of $160 million. The average prices ranged between $350,000 to $2+ million. There are 8 penthouses remaining are subject to use for the hotel portion of the project.
RPC is currently closing on their construction loan and expects to announce that milestone soon. Construction permits are pending and site pre-work is estimated to begin the end of May and/or beginning of June 2021. Legacy Hotel & Residences is expected to be completed in 2024.
Downtown Miami Introduces Gale Miami Hotel and Residences
A 51-story tower located directly in the heart of Downtown Miami, is the first ‘CondoHospitality’ tower in Miami with open-concept designs and killer views of the Miami skyline and Biscayne Bay as well as world-class amenities.
This new construction tower will house Gale Miami Hotel & Residences; Miami’s first wellness building, licensed for short-term rentals. Gale will occupy 7 floors (17 through 23) which will include 140 luxury condo hotel units, where owners have the option of utilizing the onsite rental program.
These units will be fully finished and furnished with square footage ranging from 389 SF – 900 SF with pricing starting at $300,000.
Residence Features:
Urban luxury residences with modern open layouts from
Studio, one, & two-bedroom units
All residences are delivered fully finished and furnished with fixtures and furniture curated by Urban Robot
Panoramic Biscayne Bay, and Miami skyline views
Private balconies with most units
Ceiling heights 9 feet
Owner’s closet in every residence
Floor-to-ceiling windows and impact-resistant glass throughout
Advanced technology Smart Building wiring for HD TV, multiple telephones
Data lines and ultra-high-speed internet access
Washer/Dryer in the units
Kitchen:
Imported European cabinets with premium hardware
European style appliance package including refrigerator, cook-top, microwave, and sink
Elegant stone countertops and backsplashes
Contemporary under-mounted sink
Gourmet faucet with integral sprayer
Master Bathroom:
Imported European cabinets with premium hardware and drawer pull
Elegant imported stone countertops and backsplashes
Rectangular trough porcelain sinks with dual faucets
Custom-finished floors and walls in wet areas
Frameless glass shower enclosures
Premium European-style fixtures and accessories
Gale residents will have access to all of the amenities that 601 Miami has to offer including the social club, meeting spaces, coffee and juice bar, and media lounge.
Work Amenities:
Co-working spaces
Private offices
Flexible office arrangements
Video-capable conference rooms
Quiet rooms
Phone booths
Cutting-edge technology and connectivity
Office host
Coffee and juice bar
Amphitheater
Meeting/presentation rooms
Social Amenities:
Specialty restaurant and bar
Dining terrace
Social area with full-service cafe and cocktail bar
Drink and dine lounge areas
Media lounge
Live show and events lounge
The porch
Speakeasy
DJ and live performances
Programmed events
The ‘Splash on 9th’ boasts 16,000 square feet of poolside bliss featuring a resort-style pool and cabanas.
Splash Amenities:
Sun deck
Poolside beverage and food service
Native tropical landscaping
Cabana bar
Pool towel services
‘The Fit on 10th’ features 16,000 square feet of health and fitness options.
Fit Amenities:
Juice bar
Yoga and pilates studio
Boxing ring with punching bags
Peloton equipment
Weight station
Cross-training/Crossfit
Spa/treatment rooms
Sauna/steam rooms
Locker rooms
Outdoor terrace/training
The Fit Boutique
Residents will also be able to enjoy 601 Miami’s 24-hour concierge, valet parking, and security.
Gale Miami Hotel and Residences will be the third property in the Gale Brand. The first hotel debuted in 2012 in Miami Beach, and the second one was Gale Hotel and Residences in Fort Lauderdale Beach.
The construction for Gale Miami Hotel and Residences has already started and the grand opening is anticipated to be in the fall of 2023.
Melo Group Proposes Two-Story Tower in Wynwood Named Urban22
The Melo Group is a well-known development group in the Miami area. After completing 6,000+ residential units in Miami over the years, they currently have 2,000 units under construction.
According to The Real Deal, the group met with Miami’s Urban Development Review Board on April 21st to propose a two-tower multi-use project called Urban22 in the Wynwood neighborhood.
Multiple parcels making up the 1.94 acre site stretch’s from Second Avenue, 22nd Street, to 23rd street. The Melo Group started purchasing these sites in 2011.
Each 15-story tower would total 708,119 square feet with an 8-story podium connecting between the two. The towers will feature a proposed 441 apartments, 7,168 sq. ft. of retail, 5,692 sq. ft. of office space, and 529 parking spaces. The garage will feature a pool deck on top
The apartments would range from 725 to 1,200 sq. ft. with studio to three bedroom options.
4 studios
243, one bedroom
152, two bedrooms
42, three bedrooms
There has been no update on what the Urban Development Review Board has concluded but we will continue to monitor this proposed project.
Tallest Residential Tower in Miami at 100 Stories – Waldorf Astoria Residences Miami has Officially Launched Sales
Waldorf Astoria Residences Miami has officially launched their sales center on March 23rd, 2021. Located at 300 Biscayne Boulevard, Waldorf Astoria is planned to be the tallest residential tower in Miami at 100 stories and will be the tallest tower south of Manhattan.
This tower will feature 360 condo, 205 hotel rooms, and suites. Amenities include a Peacock Alley Lounge, a restaurant, indoor and outdoor event area, resort-style pool with cabanas, spa and fitness center.
Architects include Carlos Ott and Sieger Suarez, whom have created a nine offset glass cube design for the tower. The hotel is announced to be within the first 3 cubes of the tower and the rest will include the condominiums.
Developer Information:
Developers: PMG – Property Markets Group & Greybrook Realty Partners
Architect: Carlos Ott (conceptual artist) with Sieger Suarez
Tower Distribution:
3rd Level – Condominium lobby
5th level – Hotel Signature Restaurant and Peacock Alley
Level 7 to 16 – Hotel guest rooms and suites
Level 17 – Hotel function spaces, main ballroom, junior ballrooms and multi-purpose function space
Level 19 – Hotel lounge bar, meeting and boardrooms
Level 21 – Hotel pool deck with café and signature F&B
Level 23 and 24 – Spa and fitness
Level 26 to 31 – Hotel guest rooms and suites
Level 31 to 32 – Private residential amenity level; pool deck
Level 34 to 85 – Residential condominium
Level 86 to the top – Penthouse level
Pricing:
Junior Suite Residences $650,000
1 Bedroom Residences $1,000,000
2 Bedroom Residences $1,700,000
3 Bedroom residences $3,100,000
4 Bedroom Residences $4,900,000
Payment Plan:
10% deposit at contract
10% deposit in 6 months
10% deposit groundbreaking
10% deposit one year after the groundbreaking
60% deposit at closing
HOA – $0.80 per square feet
Rental terms – minimum 3 months only twice a year
Building Overview:
100 Stories
360 private residences
Studios, 1, 2, 3, and 4-bedrooms
Penthouse Collection
Building Features:
The 100-story tower located in Downtown Miami across from Biscayne Bay
Conceptually designed by world-renowned architect Carlos Ott in collaboration with Sieger Suarez Architects
360 branded luxury residences
205 hotel guestrooms and suites
Interiors created by BAMO design firm
Peacock Alley
True Waldorf Service and concierge
Unobstructed views of city and downtown skyline, Miami Beach and Atlantic Ocean
Waldorf Astoria immersive resort-style pool with outdoor café and private cabanas
Private Bar/ Wine Tasting Room
Signature Restaurant
All-Day Dining Brasserie
Pre-function and function spaces
Meeting and boardrooms
Waldorf Astoria Kids Clubs
24 hour Valet services
Sales have started and the construction completion date is set for 2025. If you or someone you know has any interest in purchasing a unit at Waldorf Astoria Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332 for more information.
Vizcaya Metrorail Station Project Begins Reviewing 7 Construction Proposals
Miami-Dade County is currently reviewing 7 construction proposals for the mixed-use project at the Vizcaya Metrorail Station. This development on 2.62 acres is set to feature condominiums, retail shops, and restaurants.
According to the South Florida Business Journal, all proposals are limited to 10 stories as well as a majority of the project must be residential units with 12.5% to be workforce housing.
Miami-Dade requested proposals in December 2020. The deadline was at the beginning of March and the current 7 proposals include those from:
Related Group: Proposing two 25-story towers. The first tower would have 391 apartments and 2,500 square feet of retail space. The second tower would be 320,000 square feet of office space. A 7-story parking garage with 638 spaces would be included. This project is above the 10-story maximum height restrictions.
Rilea Group, Axis Realty Trust, Coastal Construction and McKinney Properties: This project would be called ‘Vizcaya Park’ with two 10-story buildings connecting by a bridge. Proposal includes 288 apartments, 19,040 square feet of retail, 135 public parking spaces in underground garage, and 223 parking spaces for residences.
Adler Group & 13th Floor: This proposal includes 327 apartments with one 9 and one 10-story buildings. Improvements include those to the Underline, Metrorail station and the pedestrian bridge. This would include 309 parking spaces, with 100 for the public.
Grass River Property and Coral Rock Development Group: This project will include 292 workforce or affordable housing units and 3,000 square feet of retail in two eight-story buildings. Project includes 310-space parking garage and a community center.
Housing Trust Group: This proposal includes 209 workforce housing units, 15,000 square feet of offices, 2,600 square feet of retail, and a 126,000-square-foot parking garage in eight stories.
Mill Creek Residential: This proposal includes 392 apartments in two 10-story buildings with 8,000 square feet of retail and 620 parking spaces.
Terra Development Group: One 5-story and one 10-story with a combined 327 workforce housing units, 8,530 square feet of commercial space. Also included are 463 parking spaces with 100 for public use.
The proposals were set to be reviewed on March 19, 2021 but as of right now, no determination has been made on which proposal won.
Miami Welcomes Natiivo as the Up and Coming Urban Luxury Home-Sharing Residences
Mixing hotel luxuries with all the amenities a condominium has to offer, Natiivo Miami was then born. Designed and curated by the firm, Urban Robot, they have created a one-of-a-kind luxurious and sophisticated atmosphere perfect for downtown Miami.
Natiivo is the newest and first Condo/Hospitality residential tower located in the heart of downtown Miami with close proximity to the Miami World Center, Frost Museum of Science, Miami Airlines Arena, and Adrienne Arsht Center for Performing Arts. This development is projected to be a 51-story condominium with views of the city as well as Biscayne Bay.
Designed for home sharing, Natiivo Miami offers its owners the ability to rent out their condos as short-term or long-term rentals. The most important factor is that the owner can choose to manage their own rental, hire their own management company, or hire Natiivo Miami to manage the unit.
Units are finished and fully furnished with 16 types of available floor plans ranging from studio apartments to three-bedroom suites. Square footage ranges from 492 to 1,633 square feet with available options of downtown views, Biscayne Bay views, balcony, and/or interior.
Not only are there multiple options available for residences and guests but the building itself offers 3 floors with 70’000 square feet of curated amenities.
Natiivo Miami ‘The Work on 8th’ features 10,000 square feet of co-working space with an amphitheater presentation area.
Work Amenities:
Co-working spaces
Private offices
Flexible office arrangements
Video-capable conference rooms
Quiet rooms
Phone booths
Cutting-edge technology and connectivity
Office host
Coffee and juice bar
Amphitheater
Meeting/presentation rooms
The ‘Social on 9th’ offers 24,000 square feet of food, beverage, and entertainment offerings with a range of local and international options.
Social Amenities:
Specialty restaurant and bar
Dining terrace
Social area with full-service cafe and cocktail bar
Drink and dine lounge areas
Media lounge
Live show and events lounge
The porch
Speakeasy
DJ and live performances
Programmed events
The ‘Splash on 9th’ boats 16,000 square foot of poolside bliss featuring a resort-style pool and cabanas.
Splash Amenities:
Sun deck
Poolside beverage and food service
Native tropical landscaping
Cabana bar
Pool towel services
‘The Fit on 10th’ features 16,000 square feet of health and fitness options.
Fit Amenities:
Juice bar
Yoga and pilates studio
Boxing ring with punching bags
Peloton equipment
Weight station
Cross-training/Crossfit
Spa/treatment rooms
Sauna/steam rooms
Locker rooms
Outdoor terrace/training
The Fit Boutique
The construction has started but once the development is complete, Natiivo Miami will be one of the 25 tallest buildings in Miami. If you or someone you know has an interest in purchasing a Natiivo Miami Unit, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Brickell Flatiron Closings to Begin August 2019; Top-off Slated for December 15, 2018
Ugo Colombo, known for developing some of Miami’s finest condo towers (such as Santa Maria, Bristol Tower, Grovenor House, and Epic) has a remarkable reputation for delivering his projects (a) on-time, and (b) with uncompromising quality and attention to detail (i.e. he doesn’t cut corners).
Colombo’s latest and greatest development, Brickell Flatiron, is currently under construction but completion is much closer than you may think. The renowned developer expects top-off to take place in about two months and delivery within the next twelve. In fact, the official top-off date for Brickell Flatiron is slated for December 15, 2018, with closings expected to take place in August 2019.
I, for one, am very excited and look forward to touring the development once it’s completed. Given Colombo’s impeccable reputation, I expect Brickell Flatiron to be one of Brickell’s top three condo developments.
