Another major residential development is moving closer to construction in Downtown Miami after Witkoff, in partnership with Monroe Capital, secured a $302.6 million construction loan for the first phase of its planned three-tower community at 700 North Miami Avenue in Miami Worldcenter.
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14 ROC Breaks Ground at 50% Sold in Downtown Miami's Arts & Entertainment District
14 ROC, a new 31-story, 283-residence luxury condominium has broken ground in Downtown Miami’s Arts & Entertainment District. The project is already 50% sold, underscoring strong buyer demand for flexible, centrally located residential product in one of Miami’s most active growth corridors. The project is expected to be delivered in 2027.
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PMG, Eden Residential, Lion Development Group, Sterling Equities, and Palm Tree Crew Reveal the First-Ever Palm Tree Residences Miami in Downtown Miami
Miami's entertainment district is setting the stage for a new way of living, shaped by how today's most discerning residents move between cities and seek out experiences that reflect their world. National developer PMG and Lion Development Group, together with Eden Residential and Sterling Equities, have revealed Palm Tree Residences Miami, the first-ever Palm Tree-branded residence.
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Okan Tower Reaches 75% Structural Completion As Construction Passes 50th Floor in Downtown Miami
The 902-foot Okan Tower has reached 75% structural completion, with 50 of its 72 floors now in place. With construction crews ascending at the breakneck speed of one floor a week, the Hilton Hotel-anchored, tulip-shaped supertall tower is zooming toward the finish line with a top off anticipated for August.
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Naftali Group Expands Retail Offerings at JEM Private Residences with ITO•Kaya and SunLife Organics at Miami Worldcenter
JEM Private Residences, the highly anticipated luxury residential tower developed by globally recognized real estate development and investment firm Naftali Group, has announced the addition of ITO•Kaya, a new Japanese dining concept from the team behind ITO, the acclaimed omakase restaurant, along with SunLife Organics, a Malibu-born wellness café, to the building’s retail space.
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Miami Worldcenter Associates Sells Development's Retail and Entertainment District to Falcone Group and Partners For $210 Million
Miami Worldcenter Associates has sold Miami Worldcenter’s 27-acre retail and entertainment district to a venture comprised of affiliates of the Falcone Group, ROK Acquisitions, Andrew Mirmelli, The Davis Companies (Davis) and Jamestown for $210 million. The district features 300,000 square feet of retail, dining and entertainment businesses, approximately 2,000 parking spaces, and 100,000 square feet of parks and plazas.
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Kasumigaseki Capital Launches First Project in the United States at Miami Worldcenter
Kasumigaseki Capital Co., Ltd. (headquarters: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Koshiro Komoto; “KC”) announced that it has established a subsidiary in the United States, Kasumigaseki Florida LLC (headquarters: Florida), and commenced business in Miami.
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Naftali Group Tops Off Podium Level at JEM Private Residences in Miami Worldcenter
National real estate development and investment firm Naftali Group has topped off of the podium level at JEM Private Residences in Downtown Miami. This milestone marks the completion of the 11th floor and signals a major step forward in the vertical construction of the 67-story luxury tower rising within Miami Worldcenter. Construction is overseen by Coastal Construction.
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Faena, KAR Properties and Fortune International Group Reveal Dedicated 'Faena Rose' Members Space at Faena Residences Miami
Faena Residences Miami has revealed Faena Rose, the first permanent, purpose-built architectural setting dedicated to the Faena Rose patron community. Suspended across three dedicated levels from floors 61 through 64, nearly 700 feet above the Miami River, Faena Rose is a floating cultural and architectural landmark that architecturally unites the twin residential towers.
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Inside Miami Worldcenter's Newest Bistro & Raw Bar from Maple & Ash, Eight Bar by Chef Danny Grant
Chef Danny Grant, known for award-winning restaurants Maple & Ash, Monarch, Kessaku, Marisella, and Eight Bar, has brought his next chapter to Miami. Eight Bar recently opened on the first floor of Maple & Ash at Miami Worldcenter, offering a vibrant indoor-outdoor setting and Maple Hospitality Group’s signature hospitality.
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