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.

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 bringing together the unmistakable culture, community, and design sensibility of the iconic Palm Tree Crew.

Developed in partnership with Palm Tree Crew, the global entertainment, hospitality, and investment company co-founded by world-renowned music producer Kygo and Myles Shear, these 483 bespoke residences offer a vision for modern living defined by restorative wellness, highly curated experiences, and unparalleled access to a global lifestyle emblematic of Miami. PMG Residential is exclusively representing sales, with the sales launch commencing in the first week of June ahead of the FIFA World Cup in Miami.

"Palm Tree Crew has established itself as one of the most compelling forces in global lifestyle and culture," said Ryan Shear, Managing Partner at PMG. "Their ability to cultivate community and deliver exceptional experiences translates seamlessly into the way we think about residential living in Miami. Palm Tree Residences Miami will offer residents something genuinely distinct, access to a global lifestyle defined by world-class events and experiences, paired with an uncompromising standard of quality in the way they live at home. We are proud to bring this vision to life in Miami, and we believe it will set a new benchmark for how people experience home.”

Palm Tree Crew’s approach to creating unforgettable experiences is seen throughout the expansive, three-level amenity collection Palm Tree Residences Miami provides. Designed as a dynamic campus rooted in connection, this space creates a platform for residents to create lasting memories and thrive off of their surroundings through a number of engaging ways. A signature Palm Tree Crew venue will be located at the ground level, offering an elite dining and nightlife venue with curated live experiences amidst a refined music-infused atmosphere.

For a more casual and relaxed experience, the rooftop sky deck features an infinity-edge pool cascading out toward Downtown Miami, a hot tub, a private indoor lounge with an outdoor terrace, and indoor and outdoor bars. If getting active is more one’s speed, an outdoor padel court with sweeping views of Miami, a state-of-the-art fitness center, functional training turf, a climbing wall, an expansive wellness center equipped with private treatment rooms, cold plunge pools, and saunas, and a dedicated yoga studio with his-and-hers locker rooms are ready to help residents meet their fitness goals. Additional perks of living the Palm Tree Residences Miami lifestyle include an elegant arrival lobby and reception lounge for comfortable greetings, a juice bar, a golf simulator, bike storage, and high-energy, Palm Tree house cruiser bikes.

Ownership at Palm Tree Residences Miami unlocks something far greater than a home, it is an entry point into the global Palm Tree Crew ecosystem. Residents enjoy a dedicated concierge service tailored to their needs across the entire PTC network, curated in-residence programming spanning wellness activations and exclusive events, signature merchandise offerings, and access to residents-only preferred pricing on exclusive releases. Beyond the building, ownership translates into unrivaled access to Palm Tree Crew events and venues worldwide, from priority access to Palm Tree Festivals with preferred ticketing and table opportunities, weekday dining privileges at Palm Tree Club Miami, and exclusive access to members-only tables and lounges. At Palm Tree Residences Miami, where you live is your greatest amenity.

"Palm Tree Residences Miami is a natural extension of everything we stand for, building spaces where culture is lived every day and community forms organically," said Palm Tree Crew CEO & Co-Founder, Myles Shear. "Miami was the only choice for our first residences. It is a city that embraces originality, celebrates life at every turn, and has always been home to concepts that push boundaries. In partnership with PMG, Eden Residential, Lion Development, and Sterling Equities, we are creating something truly special, a place designed for today's most creatively inclined minds, where world-class experiences, restorative wellness, and effortless comfort come together under one roof. This is just the beginning."

Designed by internationally renowned firm Kobi Karp Architecture & Interior Design, each home within Palm Tree Residences Miami will create a lifestyle that unfolds naturally with each detail, balancing the building's vibrant, social energy with refined elegance throughout the living quarters. The collection of fully furnished and finished residences ranges from junior suites and junior suites with dens to one-bedroom plus den, two-bedroom, and three-bedroom floorplans. Each residence will include elevated features such as custom kitchen cabinetry fabricated by Italian design house Italkraft, a fully integrated Miele appliance package, custom bathroom cabinetry and countertops, modern spa-inspired bathroom fixtures, and fully built-out closets. Select residences with dens will also be equipped with custom Murphy beds. Contemporary lighting schemes and advanced smart home technologies will further enhance the living experience, integrating convenience and personal touches that evolve with each owner.

Owner personalization continues beyond the home throughout the building’s service package. This hospitality-driven experience includes valet parking, a dedicated mail room with secure package storage, optional laundry service, and in-house cleaning and refresh services to keep each home effortlessly maintained. Short-term rental flexibility is also offered at the property, serving tastes of this exceptional lifestyle and its comforts.

Renderings via ARX Creative

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PMG and LNDMRK Development Break Ground on Twenty Sixth & 2nd Wynwood Residences After Securing $126 Million Construction Loan

National developer PMG and LNDMRK Development have broken ground on Twenty Sixth & 2nd Wynwood Residences after securing $126 million in construction financing for the eight-story boutique condominium rising at 2600 NW 2nd Avenue in Miami’s Wynwood neighborhood.

National developer PMG and LNDMRK Development have broken ground on Twenty Sixth & 2nd Wynwood Residences after securing $126 million in construction financing for the eight-story boutique condominium rising at 2600 NW 2nd Avenue in Miami’s Wynwood neighborhood. The property will consist of 233 fully finished and furnished residences, including select units delivered with deeded office suites, and will allow owners to host on Airbnb 365 days a year.* Construction financing was provided by Madison Realty Capital and Siguler Guff. The property is 73% sold, with expected completion in Q2 2028. PMG Residential exclusively represents sales for the project.

The transaction was led by PMG's Capital Markets team composed of Andrew Warman, Jonathan Blank, and Paton Marion, in coordination with in-house counsel Lowell Plotkin, Lindsay Davis, and Scott Buscemi. Randy Barcelo, Amanda Bennis, and Nicholas Risi at Stearns Weaver Miller Weissler Alhadeff & Sitterson served as PMG’s transactional counsel. Javier Aviñó and Andres Rivero at Bilzin Sumberg served as PMG’s land use counsel.

“Wynwood has become one of Miami’s most compelling cultural and residential districts, and we are excited to advance toward its next chapter with the support of repeat capital partners and our dedicated construction team,” said Ryan Shear, Managing Partner at PMG. “When combined with the added flexibility offered through our partnership with Airbnb, Twenty Sixth & 2nd Wynwood Residences’ offerings are second-to-none for those wishing to experience one of Miami’s top destinations on a yearly basis. We’re confident it will help set a new standard for modern urban living in Wynwood and across South Florida.”

Twenty Sixth & 2nd Wynwood Residences will be the first building to allow owners to host both their residence and private office on Airbnb year-round, supported by full-service on-site management that combines hospitality-level service with ownership flexibility. Each dedicated glass-paneled private office boasts a range of features to make working convenient for residents, including locking access, a desk and chair, and pre-wiring for TVs. The office space also comes equipped with well-appointed conference rooms, lounge areas, and a kitchen.

Designed by architecture firm CUBE 3, Twenty Sixth & 2nd Wynwood Residences reflects the artistic character and creative rhythm of Wynwood while introducing a new standard for flexible urban living. Residences range from thoughtfully designed studios to expansive one-bedroom homes with dens, with pricing from $500K to $1 million with sales overseen by PMG Residential. Interiors will include fully built-out closets, premium appliance packages, Italian bathroom cabinetry by ITALKRAFT, fixtures by WaterWorks, in-unit washers and dryers, and contemporary lighting.

"Wynwood has undergone a remarkable transformation, and Twenty Sixth & 2nd is well-positioned to advance that momentum with a thoughtfully conceived, fully amenitized residential product in a neighborhood that has established itself as one of Miami's most sought-after destinations for both residents and visitors," said Josh Zegen, Co-Founder and Managing Principal of Madison Realty Capital. "We are proud to support PMG and LNDMRK, both of which are repeat borrowers with a strong track record of execution across Miami's most dynamic submarkets, and we look forward to seeing the project contribute to Wynwood's continued evolution."

Twenty Sixth & 2nd Wynwood Residences will feature over 32,000 square feet of wellness-focused amenities, including a glass house for meditation and yoga, tranquil gardens, a thermal circuit with steam, sauna and cold plunge, private treatment rooms, an invigorating rain shower, and a state-of-the-art fitness studio with advanced technology. Additional amenities include The Sky Swim Lounge, featuring an elevated rooftop pool with cabanas and lush landscaping, an outdoor bar and lounge, private alcoves with swing chairs, a private residential porte cochere with 24-hour valet service, sports equipment storage, on-site property management, and access-controlled entry points.

“Twenty Sixth & 2nd Wynwood Residences reflects the bold creativity and energy that define Wynwood,” said Alex Karakhanian, Principal of LNDMRK Development. “As we break ground alongside PMG, we are proud to bring a project that reimagines the connection between living and working in one of Miami’s most inspiring neighborhoods. We believe this development will further energize the neighborhood and offer a one-of-a-kind experience for both residents and visitors.”

The property will include 26,000 square feet of ground-floor retail with approximately 475 linear feet of frontage. ASG Equities, the seller of the land to the joint venture, will retain ownership of the retail component and hold a minority interest in the residential portion of the development. Further integrating the building with its community, Twenty Sixth & 2nd Wynwood Residences will also showcase a curated collection of custom art installations throughout its common spaces in homage to Wynwood’s artistic history.

The Wynwood Arts District in Miami has cultivated a thriving arts and culture scene with galleries, boutiques, and bold street art that represents the neighborhood’s vibrant, creative energy and raw dynamism. Twenty Sixth & 2nd Wynwood Residences will place residents in the center of this cultural hub, with easy access to community attractions such as the Wynwood Walls, Museum of Graffiti, and The Margulies Collection at the Warehouse in addition to modern bakeries, outdoor parks, eclectic markets, and top cuisine.

PMG Residential is the lead sales team exclusively representing sales for Twenty Sixth and 2nd Wynwood Residences.

*Hosting is subject to local laws and other restrictions. Office suites may not be listed on Airbnb independently. Any listing of an office suite on Airbnb must include the associated residential unit and cannot be listed separately from their corresponding residence.

Renderings via ARX Creative

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PMG and Ennismore Reveal Miami's 2nd Supertall Tower, The First-Ever Delano Branded Residences in Downtown Miami

Ennismore, one of the fastest-growing lifestyle hospitality company, and PMG, a national developer, have launched of the first-ever Delano residences in Downtown Miami and PMG’s second supertall tower in Miami.

Ennismore, one of the fastest-growing lifestyle hospitality company, and PMG, a national developer, have launched of the first-ever Delano residences in Downtown Miami and PMG’s second supertall tower in Miami. Ahead of the hotly anticipated reopening of the iconic Delano Miami Beach hotel, this new exclusive branded residential address in Downtown Miami, defined by refinement and enchantment, will honor the brand’s celebrated legacy by offering the world’s most curious, creative, and well-travelled tastemakers a place to call home.

Rising 90 stories in Downtown Miami, the newly built development will offer 421 residences, unobstructed views, and immersive amenities, including the Southeast’s first observation floor with a cantilevered glass deck and the legendary Delano Rose Bar, set high above the Miami skyline. Sales are slated to commence this March, with PMG Residential exclusively representing sales. Residences will begin at $800,000 USD.

Phil Zrihen, Deputy Group CEO of Ennismore, said: “The launch of Delano’s first branded residences marks a defining moment for the brand, extending its legacy of authentic hospitality, cultural relevance and exceptional design into the residential experience. Miami has always been central to Delano’s evolution, and there is no place better suited to translate the brand’s ethos, creative energy and emphasis on human connection into everyday living. With the reopening of Delano Miami Beach this year alongside this landmark development, we are entering a bold new chapter for Delano in the city where it all began.”

“For decades, Delano has been one of the most influential brands in shaping Miami’s identity,” said Ryan Shear, Managing Partner at PMG. “As someone born and raised here, I’ve seen firsthand the cultural impact it created — from its iconic MiMo roots to Philippe Starck’s whimsical design and the high-profile nightlife that helped define Miami on a global stage. Bringing Delano to Biscayne Boulevard is a natural next step for Downtown Miami, strengthening the connection between Miami Beach and the city’s evolving urban core. With PMG’s long-standing commitment to thoughtful development, and in collaboration with Ennismore, we’re proud to carry Delano’s legacy forward through a bold new landmark that will help shape Miami’s next chapter.”

Envisioned by conceptual artist Carlos Ott and architectural firm CUBE 3, the property will stand as an architectural marvel. Interiors are by award-winning design firm Meyer Davis, enveloping residents and guests alike in a refined, contemporary design with Delano’s inimitable look and feel. Each studio, one, two, and three-bedroom residence features custom kitchen cabinetry fabricated by Italian design house Italkraft, fully integrated Sub-Zero and Wolf appliance packages, custom bathroom cabinetry and countertops, Waterworks bathroom fixtures, and fully built-out closets. Contemporary lighting schemes and advanced smart home technologies will further enhance the living experience.

“This property is conceived as a vertical resort, layered laterally, where each ascent introduces a new environment,” said Will Meyer, Co-Founder, Meyer Davis. “Filtered light, sculptural circulation, and layered landscapes blur interior and exterior, creating a cocoon of energy and calmness that unfolds intuitively, inviting guests to move seamlessly through atmosphere, texture, and experience.”

In alignment with Delano’s legacy of crafting highly immersive, personalized experiences for guests, the residences will offer an engaging array of bespoke spaces exclusive to homeowners. A first for the region, situated 850 feet above Miami, the observation floor will feature a cantilevered glass deck and provide remarkable views of Downtown Miami and the Atlantic Ocean, showcasing the city like never before.

An elevated food and beverage offering will also create a lasting impression through its inclusion of Cafe Delano, an all-day signature restaurant, an iconic sky restaurant, and the Rose Bar. The Rose Bar is an intimate and glamorous space reimagined from the original Delano Miami Beach and is set to bring a cinematic and unmistakably Delano nightlife experience. Lastly, select residences will come with a deeded, glass-encased, fully furnished office suite, secure locking access, and complimentary Wi-Fi to deliver a comfortable, turnkey workspace.

Beyond these venues, residents can enjoy the Delano Members' Club, with world-class cultural programming, alongside a resort-style pool deck featuring a wraparound pool, lounge areas, and a bar, or the Sky Pool, which is 800 feet above Miami’s skyline and offers breathtaking views. In addition to a state-of-the-art fitness center, offering top-of-the-line equipment and a movement studio, the Delano residence offers a comprehensive wellness experience through The Source by Delano. Designed for the curious and culturally attuned, The Source by Delano blends intuitive spa rituals with bold social activations, giving guests and members a wellness journey that is radiant, revitalizing, and rooted in connection. It includes treatment rooms, a sauna, cold plunge, steam rooms, and private lockers.

The property is supported by Accor One Living, an industry-leading platform that offers a 360º approach to the development, design, and operation of mixed-use projects and branded residential communities. Through the Accor Ownership Benefits Program, residential owners will have access to signature benefits that elevate their daily lives, including global VIP recognition and Elite memberships in the ALL Accor loyalty and rewards program, with access to preferred rates at more than 45 brands and over 5,700 Accor and Ennismore hotels and resorts worldwide.

Core services will also be available to all owners as part of the community’s services, welcoming all to enjoy Delano’s comfort and convenience, including 24-hour doormen and reception, valet parking, 24-hour security, access-controlled entry points, and an expansive mail room with package storage. Through the Owner Concierge Service, residents will be able to enjoy “on demand” benefits including in-residence housekeeping, dry cleaning and laundry, pet services, and a “While You Are Away” maintenance package.

The sales gallery is located at 400 Biscayne Boulevard, Miami, FL and will open in March for tours.

Renderings via ARX Creative

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PMG, Lion Development Group and LNDMRK Development Break Ground on One West Twelve Residences in Downtown Miami

National developer PMG, Lion Development Group, and LNDMRK Development have broken ground on One West Twelve Residences (ONE W12), a luxurious residential building in the heart of Historic Overtown, which officially commenced on October 1.

National developer PMG, Lion Development Group, and LNDMRK Development have broken ground on One West Twelve Residences (ONE W12), a luxurious residential building in the heart of Historic Overtown, which officially commenced on October 1. The property features 372 bespoke residences boasting captivating views of both Miami’s iconic skyline and vibrant sunset vistas. Residents will have access to a dynamic lifestyle with centralized proximity to one of Downtown Miami’s fastest-growing neighborhoods. ONE W12 will additionally evoke iconic Miami glamour through a curated selection of engaging amenities and entertainment-oriented experiences for residents and the surrounding community. PMG Residential is leading sales for the project, which is currently 97% sold, and John Moriarity & Associates is the general contractor. Completion of ONE W12 is slated for 2028.

“This neighborhood has experienced tremendous growth and transformation over the past decade, and as a local business owner, it’s been a privilege to witness and to contribute to that with meaningful projects like ONE W12,” said Michael Simkins, CEO of Lion Development Group. “I couldn’t be prouder of the work that we are doing alongside our partners, PMG and LNDMRK. We are excited to celebrate this milestone and look forward to the many more ahead as we bring our vision to life.”

Notably, ONE W12 will be home to Vibe BBQ, an inviting quick-serve restaurant from acclaimed chef and eight-time James Beard Foundation award winner Marcus Samuelsson. Samuelsson’s restaurant Red Rooster Overtown further solidified the neighborhood as a top dining destination in South Florida while the concept has become a favorite among Miamians. The Vibe BBQ concept at ONE W12 will feature elements of ‘Miami flair’ in the form of an expanded lounge area and cocktail offerings. True to its core, Vibe BBQ will embody an all-day celebration of American comfort classics.

Designed by CUBE 3, ONE W12 will offer amenities focused on promoting a vivid, experiential lifestyle for residents and the local community. These amenities include an elegant lobby inspired by the glamour and playful spirit of the storied locale, an atmospheric rooftop garden and pool with lounge areas, a state-of-the-art fitness center, curated art installations throughout the property, the latest smart-building technology, and house cruiser bikes with storage.

“One West Twelve Residences underscores our continued commitment to creating engaging, community-focused developments that elevate and redefine the residential experience for years to come,” said Ryan Shear, Managing Partner at PMG. “This project is a fresh and design-forward concept that we are confident will complement Downtown Miami’s lively atmosphere with the historic charm of the area. We look forward to this next chapter of the development and its contribution to the evolution of modern Miami living.”

ONE W12 offers fully furnished and finished studio and one-bedroom residences, along with a limited collection of one-, two-, and three-bedroom townhomes. Short-term rental flexibility will allow residents the option to customize and optimize their living experience to fit their lifestyle.

“ONE W12 has been incredibly well received by the community, which is a testament to how it answers the demand for quality, highly activated luxury developments to meet the ongoing evolution of the neighborhood,” said Alex Karakhanian, Principal of LNDMRK Development. “We’re excited to officially break ground and be one step closer to delivering on that promise.”

Stand-out residence features include fully-integrated kitchens with custom countertops, backsplashes, and a contemporary under-mount sink, fully built-out closets bedrooms, custom shades, a Miele appliance package, imported and custom kitchen and bathroom cabinetry by Italkraft, custom bathroom countertops and finished floors and walls in wet areas, modern bathroom fixtures, features, and accessories, a contemporary lighting package, and a built in top-of-the-line washer and dryer.

The property's centralized location gives its residents the best of both worlds, culture and entertainment through its proximity to the area known as the historic Overtown, Park West, and Miami's Arts and Entertainment District. Connectivity between South Florida’s largest metros is also made easy thanks to the property’s location nearby the MiamiCentral Station, a home base for South Florida’s rail systems including Brightline.

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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PMG, Lion Development and LNDMRK Development Reveal One West Twelve Residences in Overtown

PMG, Lion Development Group, and LNDMRK Development have revealed One West Twelve Residences (ONE W12) in the heart of Historic Overtown, featuring 372 bespoke residences with captivating views of both Miami’s iconic skyline and vibrant sunset vistas.

PMG, Lion Development Group, and LNDMRK Development have revealed One West Twelve Residences (ONE W12) in the heart of Historic Overtown, featuring 372 bespoke residences with captivating views of both Miami’s iconic skyline and vibrant sunset vistas. The property has sold over 50% of its residences in just one month and will offer a dynamic lifestyle with centralized proximity to Downtown Miami’s fastest-growing neighborhoods. ONE W12 will evoke iconic Miami glamour through a curated selection of engaging amenities and entertainment-oriented experiences for residents and the surrounding community. PMG Residential is exclusively leading sales with residences priced from $300,000.

“As a Miami native as well as a property and business owner in Overtown for over 12 years, we are thrilled to work with existing stakeholders in the community on One West Twelve Residences,” said Michael Simkins, CEO of Lion Development Group. “Working once more with esteemed partners like PMG and LNDMRK, we are committed to celebrating the history of this amazing neighborhood and creating a living experience that embodies the perfect blend of iconic Miami charm and modern living. This collaboration allows us to deliver a lively and playful lifestyle enriched by exceptional amenities and unparalleled access to Miami’s most exciting neighborhoods. Our shared vision and dedication to creating a dynamic community are evident in every detail of One West Twelve Residences, and we can’t wait to see this project come to life.”

Notably, ONE W12 will be home to Vibe BBQ, an inviting quick-serve restaurant from acclaimed chef and eight-time James Beard Foundation award winner Marcus Samuelsson. Samuelsson’s restaurant Red Rooster Overtown further solidified the neighborhood as a top dining destination in South Florida while the concept has become a favorite among Miamians. The Vibe BBQ concept at ONE W12 will feature elements of ‘Miami flair’ in the form of an expanded lounge area and cocktail offerings. True to its core, Vibe BBQ will embody an all-day celebration of American comfort classics.

Designed by CUBE 3, ONE W12 will offer amenities focused on promoting a vivid, experiential lifestyle for residents and the local community. These amenities include an elegant lobby inspired by the glamor and playful spirit of the storied locale, an atmospheric rooftop garden and pool with lounge areas, a state-of-the-art fitness center, curated art installations throughout the property, the latest smart-building technology, and house cruiser bikes with storage.

“PMG is excited to partner with both Lion Development Group and LNDMRK to execute this one-of-a-kind development,” said Ryan Shear, Managing Partner at PMG. “Launching ONE W12 Residences is a thrilling milestone for us. We are introducing a living experience that marries the iconic glamour of Miami with modern sophistication. Every detail, from the elegant lobby to the atmospheric rooftop garden, has been thoughtfully designed to offer a dynamic lifestyle. Situated in the heart of Miami's most lively neighborhoods, ONE W12 provides residents with unparalleled access to the best the city has to offer. This is not just a place to live—it's a journey into a lifestyle infused with spirited charm and contemporary elegance."

ONE W12 offers fully furnished and finished studio and one-bedroom residences, along with a limited collection of one-, two-, and three-bedroom townhomes. Short-term rental flexibility will allow residents the option to customize and optimize their living experience to fit their lifestyle.

“With Miami’s continued evolution in mind, we wanted to create a project that brings the historic charm of this neighborhood to today's residents. ONE W12 is a transformative project that will strive to do this across every aspect of its design, pairing Miami’s vibrancy with a stylish, all-encompassing living experience,” says Alex Karakhanian, Principal of LNDMRK Development. “Partnering with PMG and Lion Development Group was an obvious choice to bring this project to life because of their continued commitment to thoughtful placemaking and vision for Miami's future.”

Stand-out residence features include fully-integrated kitchens with custom countertops, backsplashes, and a contemporary under-mount sink, fully built-out closets bedrooms, custom shades, a Miele appliance package, imported and custom kitchen and bathroom cabinetry by Italkraft, custom bathroom countertops and finished floors and walls in wet areas, modern bathroom fixtures, features, and accessories, a contemporary lighting package, and a built in top-of-the-line washer and dryer.

The property's centralized location gives its residents the best of both worlds, culture and entertainment through its proximity to the area known as the historical Overtown, District 11, the newly approved Under Deck Park and Miami's Arts and Entertainment District. Connectivity between South Florida’s largest metros is also made easy thanks to the property’s location nearby the MiamiCentral Station, a home base for South Florida’s rail systems including Brightline.

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. 

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Waldorf Astoria Residences Miami Reveals $50 Million Penthouse

National development and investment firm PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT), have revealed the Penthouse at Waldorf Astoria Residences Miami. The $50 million full-floor penthouse is situated high above the clouds within the architectural marvel’s ninth cube, placing residents at the top of the tallest residential building south of New York City.

National development and investment firm PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT), have revealed the Penthouse at Waldorf Astoria Residences Miami. The $50 million full-floor penthouse is situated high above the clouds within the architectural marvel’s ninth cube, placing residents at the top of the tallest residential building south of New York City. The Penthouse encompasses 13,119 square feet of customizable living space adorned with a private gym, theatre, wine room, library, spa, pool and enclosed balconies which will deliver 360-degree views of Miami Beach, Downtown Miami, and the Atlantic Ocean. PMG Residential holds the exclusive listing for the residence.

“The Penthouse at Waldorf Astoria Residences Miami is the city’s most unique penthouse offering, setting the bar for sky-high luxury living with its contemporary design and sweeping views. The magnificent residence within Miami’s first Waldorf Astoria grants owners the ability to create a custom home to fit each and every need. Beyond their personal residence, owners will have access to five-star concierge services and a superb suite of private residential amenities within the tower, which will be a landmark structure shaping Miami’s skyline,” said Ryan Shear, Managing Partner at PMG.

Envisioned by award-winning interior design firm BAMO, concept renderings for the open-layout residence feature 6 bedrooms and 9 bathrooms, with expansive floor-to-ceiling windows and an immense level of privacy at the top of Miami’s first Waldorf Astoria property. Owners have the option to curate entertainment spaces across multiple sitting and dining rooms. Additional features include a modern kitchen with sleek, bespoke finishes; an expansive primary suite with premium walk-in closets; custom Italian vanities with marble finishes within each bathroom; and the ability to create spaces such as a personal gym. Smart home technology within the home provides the ability for seamless personalization and convenience.

Waldorf Astoria Residences Miami is an architecturally awe-inspiring tower that features nine spiraling, offset glass cubes designed to be evenly stacked and wrapped in what can be referred to as a “glass skin,” distinguishing the property’s architecture from anything else on the East Coast. With concept design led by Sieger Suarez Architects, in collaboration with renowned architect Carlos Ott, the 1,049 foot tower will consist of 360 private residences in addition to 205 guestrooms and suites within the luxury hotel, which will be in the first three cubes of the tower along with the hotel’s signature spaces and private amenities.

Hotel guests and residents will have access to the Waldorf Astoria brand’s world-famous Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function event spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a holistic wellness spa and fitness center. Private residential amenities will include an owners-only lobby and lounge; hospitality suite for chef’s tastings and intimate soirees; billiard room; kid’s club; and elevated pool deck. Each residence will include the latest smart-home technology with custom mobile app access to concierge services. The app will feature a full menu of available offerings, including dining reservations, 24/7 room service, spa, and fitness treatments, house car reservations, access to valet service, package delivery, and dog walking services. Waldorf Astoria Residences Miami will be managed by Hilton Management Services, providing residents and guests alike a truly refined haven through the brand’s relentless commitment to personalized service and best-in-class experiences.

Renderings via Arx Creative

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E11EVEN Partners and PMG Break Ground On E11EVEN Residences Beyond In Downtown Miami's District 11

Developers PMG and E11EVEN Partners have broken ground on E11EVEN Residences Beyond, part of the E11EVEN Hotel & Residences Miami development, an ultra-luxury, dual-tower development located in Miami’s District 11. Located at 90 NE 11th St. in the newly expanded entertainment destination, the E11EVEN Hotel & Residences Miami project has taken Miami by storm, continuing to break sales records and offer a unique experience to buyers unlike anything the community has ever seen before.

Developers PMG and E11EVEN Partners have broken ground on E11EVEN Residences Beyond, part of the E11EVEN Hotel & Residences Miami development, an ultra-luxury, dual-tower development located in Miami’s District 11. Located at 90 NE 11th St. in the newly expanded entertainment destination, the E11EVEN Hotel & Residences Miami project has taken Miami by storm, continuing to break sales records and offer a unique experience to buyers unlike anything the community has ever seen before. E11EVEN Partners Marc Roberts, Michael Simkins, and Dennis DeGori and PMG partners Ryan Shear, Kevin Maloney and Dan Kaplan are the developers of the E11EVEN Hotel & Residences development.

“E11EVEN Residences Beyond’s groundbreaking marks a crucial next step in constructing the future of District 11,” said Michael Simkins of E11EVEN Partners and co-developer of E11EVEN Hotel & Residences. “This incredible property offers residents an optimized lifestyle unlike any other in Miami, featuring top-notch dining, elite services, and lushly appointed residences all within one highly energized location. Once built, it will set the standard for ultra-luxury living and entertainment districts across the country.”

This groundbreaking comes on the heels of recent announcements at E11EVEN Residences Beyond including the addition of The Clayton, an ultra-premium $25 million private social and cigar club, and the recent expansion of the tower to offer additional units for sale and more amenity space, which was made possible by an incredibly high demand for these residences and record-breaking sales success across the dual-tower development as a whole.

E11EVEN Hotel & Residences’ first tower also recently announced Riviera Dining Group will join its extraordinary lineup of offerings with a second-floor restaurant with a ground-floor escalator entrance for direct access, as well as an upscale lounge and private membership club located on the tower’s rooftop.

“The groundbreaking of E11EVEN Residences Beyond is a monumental milestone for PMG and E11EVEN Partners,” said Ryan Shear, Managing Partner of PMG. “From its inception, E11EVEN Residences Beyond has carried a tremendous amount of buyer excitement and energy with it. From the private helipad to the stellar hospitality concepts like The Clayton, the caliber of offerings is unlike any tower in South Florida.”

“E11EVEN Residences Beyond places buyers in the epicenter of District 11, exposing them to the amazing business opportunities, high quality of life, and unparalleled 24/7 entertainment expected of Miami living,” said Marc Roberts of E11EVEN Partners and co-developer of E11EVEN Hotel & Residences. “We cannot wait to further cement this project’s status as a premier ultra-luxury residential development in Miami’s most coveted neighborhood.”

Centrally located in Downtown Miami’s District 11, E11EVEN Residences Beyond and E11EVEN Hotel & Residences Miami offers a resort-style, entertainment-driven experience and destination – the first of its kind in the Southeastern United States. Floor plans at both of its towers range from studios to two bedrooms in addition to a presidential collection and penthouse suites. Each unit comes equipped with fully-integrated “smart building” features, Subzero and Wolf appliances, custom ITALKRAFT Italian cabinetry, top-level finishes, and designer-curated furnishings. The soaring 65-story towers will be designed by internationally renowned Sieger Suarez Architects with interiors by award-winning design firm AvroKO.

Amenities for E11EVEN Residences Beyond and E11EVEN Hotel & Residences include a world-class Chopra Spa & Studio, a five-star restaurant collection by Riviera Dining Group, a casino-style sports lounge, a world-class med spa, a rooftop pool and bar, and an E11EVEN day club and pool on the 11th floor. In addition to the first tower's amenities, buyers at E11EVEN Residences Beyond will have ultra-exclusive access to the E11EVEN Beyond Members Social Club and private facilities only available to residents of the second tower including a helipad, a signature restaurant, fully staffed executive office suites, and a state-of-the-art fitness center, as well as the expanded resort-style pool.

“In all my years in the industry, I have never seen a residential building secure buyer attention and surmount previous standards of luxury living and day-round entertainment like this one has,” said Dennis DeGori of E11EVEN Partners. “The E11EVEN brand is committed to creating unique and captivating experiences, and it is safe to say that the two towers of E11EVEN Hotel & Residences Miami live up to this namesake with amenities like a day club, night club, and signature restaurants all at one’s doorstep. PMG and E11EVEN Partners have truly outdone themselves here with this one-of-a-kind, world-class building.”

Renderings via ARX Solutions

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Riviera Dining Group To Open New Concepts At E11EVEN Hotel & Residences Including Members Only Rooftop

Developers PMG and E11EVEN Partners have signed a 10-year agreement with renewal options with Riviera Dining Group, the hospitality group behind MILA and Bâoli, to program new concepts at E11EVEN Hotel & Residences Miami, an ultra-luxury, dual-tower development located in Miami’s famed District 11. Located in the newly expanded entertainment destination, the Miami-based luxury hospitality company’s concepts will occupy a 16,000 SF restaurant with a 5,200 SF lounge attached to it, and a rooftop members only concept.

Developers PMG and E11EVEN Partners have signed a 10-year agreement with renewal options with Riviera Dining Group (RDG), the hospitality group behind MILA and Bâoli, to program new concepts at E11EVEN Hotel & Residences Miami, an ultra-luxury, dual-tower development located in Miami’s famed District 11. Located at 20 Northeast 11th St. in the newly expanded entertainment destination, the Miami-based luxury hospitality company’s concepts will occupy a 16,000-square-foot restaurant with a 5,200-square-foot lounge attached to it, and a rooftop members only concept.

“We are thrilled that E11EVEN Hotel & Residences Miami will soon house the next transformative concept by Riviera Dining Group,” said Ryan Shear, managing partner at PMG. “E11EVEN Hotel & Residences prides itself on demonstrating a world-class, over-the-top lifestyle in the heart of Downtown Miami. We are pleased to have Riviera Dining Group’s talented hospitality team join us in bringing that vision to life for our residents and guests.”

Riviera Dining Group is known for operating some of Florida’s most exciting and experiential hospitality concepts including Miami hotspots MILA, MILA Omakase, MILA Lounge, and MM, as well as AVA MediterrAegean and MM in Winter Park, FL. Most recently, RDG acquired operations of BÂOLI Miami, the iconic restaurant and nightlife venue located on Collins Avenue in South Beach. Under the direction of RDG, BÂOLI has reopened with a new menu, elevated ambiance and an updated aesthetic. Its next multi-setting concept, CASA NEOS Miami, is slated to open in Brickell this year.

“We pride ourselves on continuing to be ahead of the curve when creating innovative, sensorial experiences for guests,” said Greg Galy, partner and CEO at Riviera Dining Group. “By partnering with E11EVEN and PMG, we’re able to continue providing guests with memorable experiences while simultaneously adding new venues to our luxurious and rapidly expanding portfolio.”

RDG has an impressive team of partners, chefs, and managers who have worked extensively to elevate the brand to what it is today including 26-Michelin Starred Chef Michaël Michaelidis. At E11EVEN Hotel & Residences, Riviera Dining Group’s restaurant will reside on a second level and offer a ground-floor escalator entrance to guests for direct access. Its upscale lounge and private membership club space will be located on the tower’s rooftop and showcase breathtaking views of the Downtown Miami skyline, Biscayne Bay, and the Atlantic Ocean.

The arrival of these two concepts to E11EVEN Hotel & Residences comes on the heels of the recent expansion of its second tower, E11EVEN Residences Beyond. The developers are purchasing the nearby “Heart” site at 50 Northeast 11th St. to offer additional units for sale and amenity space, which was made possible by an incredibly high demand for these residences and record-breaking sales success across both towers. Among the expanded amenities will be an upper and lower deck now totaling 14,637 square feet and an expanded resort-style 1,638-square-foot pool with private lounge areas.

"Miami's District 11 continues to evolve as the city’s leading entertainment district delivering top-notch dining and innovative nightlife experiences paired with exceptional residences," said Michael Simkins of E11EVEN Partners and co-developer of E11EVEN Hotel & Residences. "The expansion of the incredible property and its commitment to maximizing value for all who call it home is a testament to its idyllic placement within District 11 which will become an entertainment destination in Miami. We look forward to watching E11EVEN Hotel & Residences rise, further solidifying itself as one of the top ultra-luxury residential developments in South Florida."

Centrally located in Downtown Miami’s District 11, E11EVEN Hotel & Residences Miami offers a resort-style, entertainment-driven experience and destination – the first of its kind in the Southeastern United States. Floor plans at both of its towers range from studios to two bedrooms in addition to a presidential collection and penthouse suites. Each unit comes equipped with fully-integrated “smart building” features, Subzero and Wolf appliances, custom ITALKRAFT Italian cabinetry, top-level finishes, and designer-curated furnishings. The soaring 65-story towers will be designed by internationally renowned Sieger Suarez Architects with interiors by award-winning design firm AvroKO.

“E11EVEN Hotel & Residences has a track record of going above and beyond to deliver a coveted, over-the-top vision of luxury for its residents,” said Marc Roberts of E11EVEN Partners and co-developer of E11EVEN Hotel & Residences. “Not only does living at the property place buyers in the middle of District 11’s outstanding live-work-play atmosphere, but it will now provide even more amenity space for residents to truly live out the energy-driven, highly exclusive lifestyle they seek.”

Amenities for E11EVEN Hotel & Residences include a world-class Chopra Spa & Studio, a five-star restaurant collection by Riviera Dining Group, a casino-style sports lounge, a world-class med spa, a rooftop pool and bar, and an E11EVEN day club and pool on the 11th floor. In addition to the first tower's amenities, buyers at E11EVEN Residences Beyond will have ultra-exclusive access to private facilities available only to residents of the second tower and the E11EVEN Beyond Members Social Club. They include a helipad, a signature restaurant, fully staffed executive office suites, and a state-of-the-art fitness center, as well as the expanded decks and pool. The second tower will also feature the recently announced, ultra-premium social club The Clayton.

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