PMG Launches One Twenty Brickell Signature Residences With Deeded Private Office Suites Following Sellout of First Tower
National developer PMG has launched sales for One Twenty Brickell Signature Residences, a 40-story luxury condominium tower rising in the heart of Brickell. This announcement comes a few months after the successful sellout of the first tower, One Twenty Brickell Residences, and continues PMG's pioneering concept of pairing luxury residences with individually deeded private office suites.
National developer PMG has launched sales for One Twenty Brickell Signature Residences, a 40-story luxury condominium tower rising in the heart of Brickell. This announcement comes a few months after the successful sellout of the first tower, One Twenty Brickell Residences, and continues PMG's pioneering concept of pairing luxury residences with individually deeded private office suites. Construction is already underway, backed by a secured construction loan, with PMG Residential exclusively representing sales for the project.
"The sellout of One Twenty Brickell Residences, combined with the sustained demand we continue to see from Brickell's growing professional community, made the case for this next chapter," said Ryan Shear, Managing Partner at PMG. "One Twenty Brickell Signature Residences was designed to deliver a more elevated and flexible living experience, one that empowers residents to tailor their home to their lifestyle. Whether Miami is your primary residence or your base for business, this tower was built for you."
Designed by internationally renowned architecture firm Sieger Suarez Architects, One Twenty Brickell Signature Residences offers 467 fully furnished residences with floor plans ranging from studios to spacious three-bedroom homes. Each residence features curated flooring options, fully-integrated Italian kitchens with custom countertops and backsplashes, a premium appliance package including Miele, custom kitchen and bathroom cabinetry by Italkraft, WaterWorks bathroom fixtures, finished floors and walls in all wet areas, a contemporary lighting package, and fully built-out primary bedroom closets. Residences are further equipped with integrated smart home technology, allowing residents to personalize their environment seamlessly at the touch of a button.
At the heart of One Twenty Brickell Signature Residences is its collection of individually deeded private office suites, located within a dedicated portion of the building with its own reception area. Each suite is deeded individually to residents upon purchase of their condo unit and features a glass-enclosed design with secure locking access, a dedicated desk and chair, two guest seats, a refined wallpaper accent wall, TV wiring, and complimentary Wi-Fi. Residents also have access to a reservable conference room fully equipped for professional meetings.
Beyond the office, residents will enjoy access to an impressive collection of more than 50,000 square feet of amenities and services, thoughtfully curated to enhance every aspect of daily life. The One Twenty Signature Club is a private members' style lounge where relaxed, chic design meets a dynamic social atmosphere. Highlights of the club include the resort-style pool with lounge areas overlooking captivating views of Miami. Owners will also have access to the One Twenty Brickell Signature Wellness center, which features a wellness spa with therapeutic steam, sauna, plunge pools, and treatment rooms, a state-of-the-art fitness studio with the latest high-tech exercise equipment and a rejuvenating movement studio, along with a cafe & juice bar.
One Twenty Brickell Signature Residences sits at the center of Brickell, Miami's thriving financial and cultural hub, often dubbed the "Wall Street of the South." Residents are steps from world-class dining, premier luxury retail, and premier destinations such as Brickell City Centre and Mary Brickell Village, with seamless connectivity to Downtown Miami, South Beach, and beyond via the neighborhood's robust transit options. As businesses and top executives continue to establish roots in Brickell, One Twenty Brickell Signature Residences positions its owners at the epicenter of one of Miami's most dynamic and fast-growing neighborhoods.
Renderings via ARX Creative
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PMG Announces The Sellout of One Twenty Brickell Residences
National developer PMG is pleased to announce the sellout of One Twenty Brickell Residences, a luxurious 37-story residential tower set to rise in the heart of Brickell. PMG Residential, PMG’s in-house brokerage, led the sellout of One Twenty Brickell Residences.
National developer PMG is pleased to announce the sellout of One Twenty Brickell Residences, a luxurious 37-story residential tower set to rise in the heart of Brickell. PMG Residential, PMG’s in-house brokerage, led the sellout of One Twenty Brickell Residences. This milestone also follows the securing of $413M in construction financing for the condo tower and the multifamily tower it shares a podium with, provided by an Ares Real Estate fund (“Ares”) and Monarch Alternative Capital. One Twenty Brickell Residences is slated for completion in 2028.
“We are truly honored by the overwhelming response we received for One Twenty Brickell Residences,” said Ryan Shear, Managing Partner at PMG. “Since its launch, this innovative development and its deeded office component have transformed what living and working in Miami’s premier business district can encompass, and to see it sell out a year after its conception in today’s market is nothing short of tremendous for us. We look forward to watching One Twenty Brickell Residences rise to meet Brickell’s skyline and advance toward welcoming residents through its doors.”
Unique to One Twenty Brickell Residences is its collection of first-of-their-kind dedicated office suites, deeded individually to residents upon their purchase of a condo unit. These suites will be located on levels two through twelve of the property and range up to 387 square feet. Each glass-paneled private office boasts a range of features to make working convenient for residents including locking access, a desk and chair, two guest chairs, a wallpaper accent wall, and complimentary Wi-Fi. The office space also comes equipped with a receptionist and reception area, private office elevators, and a coffee station. A reservable conference room is available with an eight-person capacity conference table, a 72-inch smart TV with a mounted camera, a conference phone, and complimentary Wi-Fi.
Designed by internationally renowned architecture firm Sieger Suarez Architects, with interiors by Cotofana Designs, One Twenty Brickell Residences will exhibit an exceptional caliber of design and exclusivity across its selection of studio- to three-bedroom apartments, ranging from 452 to 1,395 square feet. Each residence will include fully-integrated kitchens with custom countertops, backsplashes, a contemporary undermount sink, and a curated high-end appliance package, imported and custom kitchen and bathroom cabinetry by Italkraft, WaterWorks bathroom fixtures, glass-enclosed showers, fully built-out closets in the primary bedrooms, designer polymer wood flooring, flooring selections included with specifications recommended by Cotofana Designs, a contemporary lighting package, and a built-in top-of-the-line washer and dryer. Residences will also offer an unprecedented level of efficiency through PMG’s smart home technology experience for seamless personalization with the touch of a button.
“I could not be more proud of our team at PMG Residential for their determination and highly skilled approach to achieving this sellout for One Twenty Brickell Residences,” said Sergio Pintos of PMG Residential. “Brickell is one of the most competitive neighborhoods in Miami, and our team did a tremendous job of navigating the market and expertly positioning this property’s unique offering to buyers to secure this outcome.”
Over 60,000 square feet of amenities at One Twenty Brickell Residences is dedicated to serving as an extension of the home, delivering remarkable services and social experiences to residents both indoors and outdoors. Amenities include an owner’s lounge, an infinity-edge pool, a pickleball court with courtside seating, a kid’s club and gym, a cafe and juice bar, and the One Twenty Brickell Residences Wellness & Fitness center, equipped with steam, sauna, and treatment rooms, a relaxation area with outdoor terraces, a state-of-the-art fitness studio with the latest high-tech equipment, a movement studio, and a yoga lawn. Personalized services, including a building and wellness concierge, fully centralized management of the property, and smart-building technology will enable residents to truly make the most of every moment. Additionally, residents will be surrounded by beauty and color as they live, work, and play in their new homes thanks to a curated collection of custom art installations throughout the property.
Renderings via ARX Creative
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PMG Locks Down $413 Million Construction Loan For One Twenty Brickell Residences
National developer PMG has secured $413 million in construction financing for One Twenty Brickell Residences, a dual-tower luxury mixed-use condominium and rental development rising in the heart of Brickell. The loan covers financing for the condominium, multifamily, commercial, and parking components of the property.
National developer PMG has secured $413 million in construction financing for One Twenty Brickell Residences, a dual-tower luxury mixed-use condominium and rental development rising in the heart of Brickell. The loan covers financing for the condominium, multifamily, commercial, and parking components of the property. An Ares Real Estate fund (“Ares”) and Monarch Alternative Capital provided the financing, which follows a previous collaboration between the two firms on a financing for a PMG property in Wynwood last year.
PMG was represented in the One Twenty Brickell Residences transaction by Jones Lang LaSalle (NYSE: JLL) who, alongside PMG’s Capital Markets team comprised of Andrew Warman, Jon Blank and Paton Marion, secured the financing. One Twenty Brickell Residences will officially break ground the first week of May and is slated for completion in 2028.
“Obtaining this financing stands as an incredible feat at a time when current market conditions are making development of multifamily towers challenging,” said Andrew Warman, Managing Director of Capital Markets at PMG. “Receiving the continued support of the Ares and Monarch teams underscores not only the confidence the capital markets have in PMG as a sponsor, but also our ability to identify a strategy to deliver both luxury for-sale and rental product to the heart of Miami’s thriving business district.”
Designed by internationally renowned architecture firm Sieger Suarez Architects, with interiors by Cotofana Designs, plans for One Twenty Brickell Residences consist of two towers. The first tower will rise 37 stories and offer 266 fully finished and furnished condominium residences, each delivered with first-of-their-kind deeded office suites to residents upon their purchase of a condo unit. The second tower, sharing a podium with the first, will rise 41 stories and offer 537 multifamily residential units operated by the Sentral Management Platform. Each studio- to three-bedroom will include fully-integrated kitchens with custom countertops, a curated high-end appliance package, imported and custom kitchen and bathroom cabinetry by Italkraft, WaterWorks bathroom fixtures, a contemporary lighting package and fully built-out closets in the primary bedrooms. Residences also will offer a high level of efficiency through PMG’s smart home technology experience for seamless personalization with the touch of a button.
“We are grateful to receive the significant support from the Ares and Monarch Alternative Capital teams as we advance on One Twenty Brickell Residences,” Dan Kaplan, Managing Partner at PMG. “At over 91 percent sold, its swift sales success is a testament to the tremendous team at PMG Residential’s hard work and keen understanding of the Brickell market. We’re looking forward to being one step closer to delivering One Twenty Brickell Residences and its revolutionary concept of luxury living to its future residents.”
One Twenty Brickell Residences’ towers offer an impressive collection of amenities thoughtfully designed for socializing, entertaining, and self-care. The over 48,000 square feet of amenities and services available to multifamily residents include a lobby with a concierge service, a modern gym and fitness studio, a pool and hot tub, a grilling terrace, social lounges, a co-working hub, and daily community events. Over 60,000 square feet of condominium-specific amenities are also available, including an owner’s lounge, an infinity-edge pool, a pickleball court with courtside seating, a kid’s club and gym, a cafe and juice bar, and the One Twenty Brickell Residences Wellness & Fitness center, equipped with steam, sauna, and treatment rooms, a relaxation area with outdoor terraces, a state-of-the-art fitness studio with the latest high-tech equipment, a movement studio, and a yoga lawn.
“Ares is pleased to further build on our relationship with PMG with this latest project that capitalizes on the strong demand for luxury housing in Miami,” said Bryan Donohoe, Partner and Head of U.S. Debt in Ares Real Estate. “We look forward to potential future opportunities to provide Ares’ scaled and flexible capital solutions in this dynamic market environment.”
“We are pleased to be a lender-of-choice and work with a best-in-class developer like PMG that has an exceptional presence in the Miami market,” said Joshua Acheatel, Head of Real Estate Acquisitions at Monarch Alternative Capital. “Boasting luxury finishes and extensive amenities, we believe One Twenty Brickell Residences is favorably positioned at a marquee location. We are excited to continue our relationship with PMG and are looking forward to the project’s success.”
Legal representation was spearheaded by PMG’s in-house team consisting of Lowell Plotkin, Scott Buscemi and Lindsay Davis. Outside counsel involved in the financing for One Twenty Brickell Residences include James Godman, Borna Khoshand, and Celeste Williams at Kramer Levin Naftalis & Frankel LLP, who served as the lead transactional counsel; David Shear, Luis Flores, and Teofilo Victoria at Saul Ewing LLP, who served as condominium counsel and local counsel; Javier Avino and Andres Rivero at Bilzin Sumberg Baena Price & Axelrod LLP, who served as land use counsel; and Evan Wagowski at Greenberg, Trager & Herbst, LLP, who served as construction counsel.
With more than three decades of experience in luxury residential developments nationwide, PMG continues to passionately transform skylines with impeccable attention to detail throughout each of its projects. In addition to its extensive portfolio of over 175 projects, the developer is famed for thoughtfully designed condominium developments including 111 West 57th Street in New York City; E11EVEN® Club Hotel & Residences & E11EVEN® Club Residences Beyond, 38 West Eleventh Residences Miami, Waldorf Astoria Hotel & Residences, One West Twelve Residences, and The Elser Hotel & Residences in Miami; Sage Intracoastal Residences in Fort Lauderdale; as well as One Park Sarasota and One Park West on Florida’s west coast. PMG also has expanded its multifamily division, Society Living, to span nationwide, with more than seven communities open or under construction.
Renderings via ARX Creative
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FIRST ON PROFILE: PMG Reveals One Twenty Brickell Residences Luxury Condo
Real estate development firm PMG has revealed One Twenty Brickell Residences, a luxurious 34-story residential tower set to rise in the heart of Brickell. Located at 120 S.W. 8th Street, One Twenty Brickell Residences will consist of 240 fully finished and furnished residences, each delivered with a first-of-their-kind deeded office suite per residence.
Real estate development firm PMG has revealed One Twenty Brickell Residences, a luxurious 34-story residential tower set to rise in the heart of Brickell. Located at 120 S.W. 8th Street, One Twenty Brickell Residences will consist of 240 fully finished and furnished residences, each delivered with a first-of-their-kind deeded office suite per residence, as well as over 60,000 square feet of exclusive amenities. PMG Residential is leading sales for the project, which will commence the week of April 15th.
“Brickell is one of the most vibrant and rapidly evolving neighborhoods in Miami, placing those who choose to call it home within walking distance of world-class institutions, restaurants, and brands at every turn,” said Ryan Shear, managing partner at PMG. “One Twenty Brickell Residences is a very unique yet fitting offering for the area in that it not only offers residents a flexible residential setting, but also answers the growing demand for Class-A office space and personal workspaces with each unit receiving its own deeded office space.”
Unique to One Twenty Brickell Residences are its collection of first-of-their-kind dedicated office suites, deeded individually to residents upon their purchase of a condo unit. Each glass-paneled private office boasts a range of features to make working convenient for residents including locking access, a desk and chair, two guest chairs, a wallpaper accent wall, and complimentary Wi-Fi. The office space also comes equipped with complimentary concierge secretary service, private office elevators, a reception area, and a coffee station. A reservable conference room is available with an eight-person capacity conference table, a 72-inch smart TV with a mounted camera, a conference phone, and complimentary Wi-Fi.
Designed by internationally renowned architecture firm Sieger Suarez Architects, with interiors by Cotofana Designs, One Twenty Brickell Residences will exhibit an exceptional caliber of design and exclusivity across its selection of studio- to three-bedroom apartments, ranging from 451 to 1,395 square feet. Each residence will include fully-integrated kitchens with custom countertops, backsplashes, a contemporary under-mount sink, and a curated high-end appliance package, imported and custom kitchen and bathroom cabinetry by Italkraft, WaterWorks bathroom fixtures, glass-enclosed showers, fully built-out closets in the primary bedrooms, designer polymer wood flooring, flooring selections included with specifications recommended by Cotofana Designs, a contemporary lighting package, and a built in top-of-the-line washer and dryer. Residences also will offer an unprecedented level of efficiency through PMG’s smart home technology experience for seamless personalization with the touch of a button.
Over 60,000 square feet of amenities at One Twenty Brickell Residences are dedicated to serving as an extension of the home, delivering remarkable services and social experiences to residents both indoors and outdoors. Amenities include a pickleball court with courtside seating, a kid’s club and gym, a sky bar and lounge, a cafe and juice bar, an infinity-edge pool with sunset views, and a dog run. Additionally, the One Twenty Brickell Residences Wellness & Fitness center is thoughtfully designed to assist residents in caring for their wellbeing. The wellness and fitness center includes steam, sauna, and treatment rooms, a relaxation area with outdoor terraces, a state-of-the-art fitness studio with the latest high-tech equipment, a movement studio, and a yoga lawn. Personalized services, including a building and wellness concierge, fully centralized management of the property, and smart-building technology will enable residents to truly make the most of every moment. Additionally, residents will be surrounded by beauty and color as they live, work, and play in their new homes thanks to a curated collection of custom art installations throughout the property.
With its central location in Brickell, One Twenty Brickell Residences will place residents in the center of a neighborhood teeming with Michelin Star restaurants, family-friendly attractions, and the best in luxury retail. They will be within walking distance to community attractions such as Brickell City Centre, Mary Brickell Village, and multiple means of transport connecting them to Downtown Miami, South Beach, and beyond.
With more than 32 years of experience and a nationwide presence in luxury residential development, PMG has delivered more than $11 billion in assets with impeccable attention to execution and detail. Notable current condominium projects from by PMG include 111 West 57th Street in New York City; E11EVEN Hotel & Residences & E11EVEN Residences Beyond, West Eleventh Residences, Waldorf Astoria Hotel & Residences and The Elser Hotel & Residences in Miami; as well as One Park Sarasota on Florida’s west coast.
National developer PMG has launched sales for One Twenty Brickell Signature Residences, a 40-story luxury condominium tower rising in the heart of Brickell. This announcement comes a few months after the successful sellout of the first tower, One Twenty Brickell Residences, and continues PMG's pioneering concept of pairing luxury residences with individually deeded private office suites.