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. 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

Past PROFILEmiami Coverage of One Twenty Brickell Signature Residences and One Twenty Brickell Residences:

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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. 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

For more information about One Twenty Brickell Residences or to inquire about purchasing a unit please fill out the form below:

E11EVEN® Club Hotel & Residences Miami Tops Off In Miami's Park West District 11 Neighborhood

National developer PMG and E11EVEN® Partners have topped off E11EVEN® Club Hotel & Residences Miami in Downtown Miami’s Park West District 11 neighborhood, bringing residents one step closer to experiencing its one-of-a-kind resort-style, entertainment-driven experience. E11EVEN® Club Hotel & Residences Miami is the first tower to top off in the ultra-luxury, dual-tower development. Construction on the second tower, E11EVEN® Club Residences Beyond, is now surpassed the parking podium.

Centrally located in Downtown Miami’s Park West neighborhood, E11EVEN® Club Hotel & Residences Miami is a dual-tower development by E11EVEN® Partners and PMG offering a resort-style, entertainment-driven experience, and destination, the first of its kind in the Southeastern United States. The soaring 65-story towers are designed by internationally renowned Sieger Suarez Architects with interiors by award-winning design firm AvroKO.

The first tower, E11EVEN® Club Hotel & Residences, features turnkey residences and hotel rooms, while the second tower, E11EVEN® Club Residences Beyond, offers ultra-exclusive condominiums. Floorplans at both properties 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.

Amenities for E11EVEN® Club 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® Club Residences Beyond will have ultra-exclusive access to private facilities available only to residents of the second tower and the E11EVEN® Club 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 an upper and lower deck and expansive pool. The second tower will also feature the recently announced, ultra-premium social club The Clayton.

E11EVEN® Club Hotel & Residences is scheduled for completion in 2025, with E11EVEN® Club Residences Beyond following in 2026.

Renderings via ARX Creative, Photos via PMG

For more information about E11EVEN® Club Hotel & Residences or to inquire about purchasing a unit please fill out the form below:

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, 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. 

Nick Kyrgios Spotted Shopping For Miami Real Estate at E11EVEN Residences Beyond in Downtown Miami's District 11

No Wimbledon, No Problem: Controversial Australian tennis star Nick Kyrgios pulled out of the 2023 Wimbledon last minute due to a wrist injury but seems to be enjoying himself away from the court while he rehabs his wrist. At the 2022 Wimbledon, Kyrgios lost in the finals to Novak Djokovic, who, on Sunday (July 9, 2023), was back in London playing at Wimbledon, where he won an intense match against Herbert Hurkacz to advance to the quarterfinals. Meanwhile, Kyrgios is super relaxed and having tons of fun in Miami.

On Monday, he was seen shopping for Miami’s hottest real estate E11EVEN Residences Beyond located in the iconic District 11. Developed by E11EVEN Partners and PMG, the famed E11EVEN Residences Beyond recently announced exclusive social club The Clayton will join its lineup and the tower has been expanded to offer more inventory and amenity space, keeping the party going 24/11. The all-star and his girlfriend both tried out the YUPIX Meta-Reality™ Experience that allowed the couple to virtually walk through their possible future Miami crash pad. They were especially drawn to the access to flourishing nightlife in the neighborhood, as well as luxury amenities, services and access to exclusive member clubs, restaurants and entertainment venues in Miami’s hottest entertainment destination.

On Sunday evening, Kyrgios and his girlfriend, Costeen Hatzi, were also seen dining at Giselle, the new restaurant located on the rooftop of E11EVEN Miami. Businessman Romie Chaudhari joined the couple as they indulged in Ocean Breeze Oysters, Mediterranean Branzino, Skirt Steak, Bluefin Tuna Truffle Cones, and cocktails including the Rendezvous With You made with E11EVEN Vodka. The happy couple seemed very lovey and even posted on Instagram about their night out in the magic city.

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.

Largest Penthouse In The United States Sold At Waldorf Astoria Residences Miami

The crown-jewel penthouse at Waldorf Astoria Residences Miami, which will become the largest penthouse in the United States high-atop Miami’s first supertall tower, has sold for an undisclosed price. The five-story, 33,000+ square foot “Mansion in the Sky” will be the tallest residential unit south of Manhattan. The sale was spearheaded by PMG Residential agent Paul Lash, who represented both the developer and the buyer.

The transaction marks an auspicious first for the future of real estate in Downtown Miami. The undisclosed buyer sought out an exclusive residential property, and he worked closely with Lash and the development team to design what will constitute the crown jewel of both the buyer’s personal real estate portfolio and the Miami skyline.

When finished, this one-of-a-kind “Mansion in the Sky,” suspended 1,050 feet in the air, will occupy the top five floors of the tower and enjoy unprecedented views as far as the eye can see. With just under 34,000 square feet, the residence will boast 10 bedrooms, 11 and ½ baths, and ceiling heights as high as 25 feet. Its impressive repertoire of over-the-top amenities will include, but not limited to: a wall-street-style trading room, safe room, billiards entertainment area, private movie theater, screening room equipped with two 90-inch theater screens, 3 wine cellars, full-scale bar, wellness center furnished with state-of-the-art equipment, massage rooms, infrared sauna, and a 20-car garage to house the owner’s extensive car collection. The mega-penthouse also exclusively possesses the tower’s private roof deck. On the roof, one will find: a large pool, swim-up tiki bar, 3 cabanas, an outdoor gym, and a multi-purpose court built for racquetball, pickleball and basketball. As of today, other features are being finalized for the owner.

“This penthouse sale is an indicator of the strength and tenacity of the luxury real estate market in Miami, and just how special Waldorf Astoria is to buyers and brand enthusiasts,” said Ryan Shear, Managing Partner of PMG. “We are confident in the continued momentum at Waldorf Astoria Miami, and know the property will completely elevate the standard of luxury living as we know it.”

Waldorf Astoria Residences Miami officially broke ground on October 27th, 2022 with completion slated for 2026.

PMG, along with partners Greybrook, Mohari Hospitality, S2 Development and  global hospitality company Hilton, have set out to create a landmark beacon for the city of Miami, marking Waldorf Astoria’s first entry into the Miami market. The vision is to bring an architecturally stunning structure to Miami’s iconic Biscayne Boulevard with meticulously designed residences and unparalleled services for residents and future guests of the hotel to enjoy. As the first supertall tower in Florida and the tallest residential building south of New York, Waldorf Astoria Miami looks forward to anchoring a new era for this magic city.

Located at 300 Biscayne Boulevard, the architecturally awe-inspiring Waldorf Astoria Miami will feature 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. The tower’s concept design is led by Sieger Suarez Architects, in collaboration with renowned architect Carlos Ott, who worked in tandem to create an iconic structure in Downtown Miami offering 360-degree views of Downtown Miami, Miami Beach and the Atlantic Ocean. The developers also partnered with award-winning interior design firm BAMO, which prides itself on creating captivating environments that flow, function and make people feel welcome, at ease and inspired to live and dream more fully. The property will consist of 360 private residences, in addition to guestrooms and suites within the five-star hotel. Signature spaces will include Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a spa and fitness center.

Waldorf Astoria Hotel & Residences Miami Becomes First Supertall Tower to Break Ground In Miami

The first supertall tower to come to Miami has broken ground as the developers of Waldorf Astoria Hotel & Residences Miami have begun drilling and foundation work for the luxury mixed-use tower which is set to rise 1,049 feet in Downtown Miami. Waldorf Astoria Hotel & Residences Miami is being developed by PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT). Located at 300 Biscayne Boulevard, the soaring tower will rise 100 stories and 1,049 feet above Biscayne Bay, marking Miami’s first supertall tower and the tallest residential building south of New York City. This also marks the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami and South Florida market.

After coming to market in the spring of 2021, Waldorf Astoria Residences Miami has reached 87% sold, with over 50% domestic buyers, followed by significant activity from Latin American markets and other international markets. Remaining inventory primarily includes the Sky Collection within the eighth cube of the tower and penthouse residences within the ninth cube. The sales team, led by in-house firm PMG Residential, has leveraged its unrivaled knowledge of the Miami market and international expertise to complete over $1 billion in sales to date.

“The highly-anticipated groundbreaking of Waldorf Astoria Hotel & Residences Miami sets a new tone and new standard for development here in Miami. The market is thriving and projects like this are coming to life to meet the demand from our luxury audience,” said Ryan Shear, Managing Partner of PMG. “Working with our partners and the Hilton team behind Waldorf Astoria has been incredibly rewarding, and we look forward to continuing our upward momentum.”

The architecturally awe-inspiring Waldorf Astoria Hotel & Residences Miami will feature 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. The tower’s concept design is led by Sieger Suarez Architects, in collaboration with renowned architect Carlos Ott, who worked in tandem to create an iconic structure in Downtown Miami offering 360-degree views of Downtown Miami, Miami Beach and the Atlantic Ocean. The developers also partnered with award-winning interior design firm BAMO, which prides itself on creating captivating environments that flow, function and make people feel welcome, at ease and inspired to live and dream more fully.

“The groundbreaking of the Waldorf Astoria Hotel & Residences Miami is a very exciting milestone in this landmark project,” Sasha Cucuz, CEO Greybrook Securities Inc. “The success that has been achieved thus far is a testament to the caliber of our partners and the teams working on this development. We look forward to seeing this incredible building come to life and to be bringing the Waldorf Astoria to Miami.”

Known as the pioneer of elegant service and timeless luxury dating back to 1931, Waldorf Astoria’s arrival in Miami and commitment to building one of the world's most extraordinary landmarks is evidence of the city's continued growth amongst some of the world's most elite cities. Waldorf Astoria is known for providing unforgettable experiences in landmark destinations across the world, a tradition that strongly resonates with PMG’s core principles of creating innovative ways to offer a unique luxury living and lifestyle experience.

“Welcoming the Waldorf Astoria brand to the Miami market for the first time in our growing pipeline is an incredible milestone for us. The city has set the precedent for elevated experiences and rich culture, continuing to attract diverse and discerning travelers from around the world,” Dino Michael, Senior Vice President and Global Head, Luxury Brands, Hilton. “Residents and guests of the property are poised for an incredible one-of-a-kind experience, knowing that Miami is synonymous with luxury.”

Waldorf Astoria Hotel & Residences Miami will consist of 360 private residences, in addition to 205 guestrooms and suites within the luxury hotel, which will be located 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. The residences will also offer the latest smart-home technology with custom mobile app access to concierge service. 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 Hotel & Residences Miami will be managed by Hilton Management Services, offering residents and guests alike a truly refined haven through the brand’s relentless commitment to personalized service and best-in-class experiences.

“The groundbreaking of Waldorf Astoria Hotel & Residences Miami signifies much more than the property’s vertical construction. As Miami’s first supertall tower and Waldorf Astoria’s first entry into the city, this achievement further designates Miami as a global destination and sets a new benchmark for luxury real estate paired with superior hospitality,” said Kevin Maloney, President and Chief Executive Officer at PMG. “We could not be more honored to continue transforming Miami’s skyline with the iconic Waldorf Astoria Hotel & Residences Miami alongside our partners and prominent industry leaders.”

With luxury residential developments nationwide, PMG delivers impeccable attention to detail throughout each of its projects. The developer is notable for meticulously designed condominium developments such as 111 West 57th Street, Walker Tower, Stella Tower, 111 Leroy in New York City, Echo Aventura, Muse Residences Sunny Isles, Echo Brickell and Mei in South Florida, as well as E11EVEN Hotel & Residences Miami and The Elser Hotel & Residences in Miami. Currently, PMG is developing more than five million square feet of new development that will deliver sophisticated design, high-end finishes and premium quality.

PMG and Greybrook Launch The Elser Hotel & Residences In Downtown Miami

National investment and development firm PMG (Property Markets Group), alongside Toronto-based real estate private equity firm Greybrook, have launched The Elser Hotel & Residences, a 49-story new construction luxury condominium located at 398 NE 5th St. The newly completed tower offers 646 fully furnished residences, over 19,000 square feet of curated amenities and 5,000 square feet of prime retail space. PMG Residential is the exclusive sales team for the property, with residences priced from the $600Ks or the equivalent cryptocurrency exchange rate.

“Downtown Miami is the city’s most desirable location for luxury real estate, resulting in high levels of demand met with record-low inventory,” said Ryan Shear, Managing Partner of PMG. “On the heels of an incredible response to our recent pre-construction developments, Waldorf Astoria Residences Miami and E11EVEN Hotel & Residences, PMG continues to meet the demands of Miami’s evolving real estate market by now delivering a new, move-in-ready luxury residential tower to the heart of Downtown with The Elser Hotel & Residences.” Contributing to its growth, Miami has also experienced a flurry of notable corporate relocations from prominent financial institutions over the past two years including Citadel, Blackstone and Thoma Bravo, among others.

Offering sweeping views of Biscayne Bay and the Miami skyline, The Elser Hotel & Residences Miami is designed by Sieger Suarez Architects with interior architecture and design by Cotofana Designs. The fully-furnished residences range from studios to three-bedrooms spanning 404 to 1307 square feet. Managed by industry-leading management company Highgate, the property will allow owners to enter a short-term rental program with daily rental options through The Elser Hotel & Residences Owners Program.

“With historically low resale inventories and long lead times for new projects under development to be completed, we are very excited to be launching The Elser Hotel & Residences Miami, together with PMG, in order to capture the strong demand for move-in ready residences in the Downtown Miami market,” said Peter Politis, CEO of Greybrook Realty Partners. “The short-term rental optionality available to owners, coupled with the high caliber of finishes and offerings, will continue to serve the city as it experiences a population, tourism and corporate relocation boom.”

Amenities at The Elser Hotel & Residences include a double-level amenity deck spanning over 19,000 square feet which overlooks Downtown Miami and Biscayne Bay, a 132-foot resort-style pool with private lounge areas and a 16-foot poolside screening LED wall. Additional amenities include co-working spaces, oversized modern gyms and fitness studios with frequent group classes, multiple lounges, smart package lockers, bike storage facilities, and a yoga lawn overlooking Biscayne Bay, among others. The property will include a new lobby cocktail bar and restaurant by the creators of Jaguar Sun as well as a coffee lounge by Cafe Domino.

For more information about The Elser Hotel & Residences, private showings or purchasing/ leasing information please fill out the form below:

BH3 Starts Demolition On Future Site Of Design 38 Mixed-Use Office Development Coming To Miami Design District

BH3 Management has begun demolition to make room for a new nine-story, 90,000-square-foot retail, showroom and office development at 3801 N. Miami Ave designed by renowned architectural firm Sieger Suarez in Miami Design District. Dubbed Design 38, the project is positioned at the southwestern entrance to the Miami Design District. Construction is slated to commence this summer.

Design 38 will feature 25-foot ceilings on ground level and 14-foot ceilings on floors 2 through 9. Tenants will enjoy open floor plans with great branding visibility, including the opportunity for naming rights with Interstate 195 exposure. Rents vary based on the floor, but average approximately $70 per square foot for typical floors on a triple-net basis. Several letters of intent from notable tenants are already in place.

“Design 38 is poised to satisfy the pent-up demand of retailers, fashion brands, showrooms, studios, and office space users that want to be in the Design District, but don’t require ground-floor locations or the higher rents associated with them,” said Gregory Freedman, Co-Founder and Co-CEO of BH3.

Miami Design District is one of the hottest neighborhoods in the world, home to a number of luxury fashion houses, art galleries, fine dining experiences, and cafés. The open-air, pedestrian-friendly neighborhood, known for its many distinct and artistic façades, notably boasts a highly energy-efficient infrastructure and became the first neighborhood in the world to achieve the Gold level (LEED ND: Built v4 Gold). The neighborhood was inspired by the worlds leading shopping districts including Fifth Avenue and Rodeo Drive and visitors can enjoy mature canopy-covered streets and walkways, sculptural specimen trees, and extensive rooftop gardens.

Adjacent to Design 38, a planned 15-story, 180,000-square-foot office project, The Ursa, was recently announced and will be developed by Miami Design District Associates, a partnership of Dacra, L Catteron Real Estate, and Brookfield Properties.

“Combined, Design 38 and The Ursa solidify the relevance of North Miami Avenue as the vertical core for Miami Design District,” Freedman added.

Design 38 will accept cryptocurrency as an option for lease payments. “With Miami emerging as the cryptocurrency capital of the world, accepting it as a form of lease payment is a timely point of differentiation for potential tenants,” said Daniel Lebensohn, Co-Founder and Co-CEO of BH3.”

JLL Senior Vice President & South Florida Retail Lead Zach Winkler, Senior Associate Jonathan Rosen, and Associate Lee Koniver have been tapped to spearhead leasing for the project on behalf of BH3.

Bentley Motors And Dezer Development Announce Debut Of Bentley Residences 12,000 SF Sales Gallery In Sunny Isles Beach

Bentley Motors, in collaboration with Dezer Development, are set to launch the sales gallery for Bentley Residences Miami, the latest luxury condominium tower headed for Sunny Isles Beach and the first Bentley-branded residential tower in the world. Setting an entirely new standard for luxury living, these two pioneering industry brands have joined forces for one of the most revolutionary, highly-anticipated partnerships in the world of luxury and hospitality.

Bentley Residences Miami will feature 216 exquisitely finished residential units, each embracing an exquisite balance of indoor/outdoor living. Pricing starts at $4.2 million and every unit will encompass an individual balcony swimming pool, unobstructed seascapes, and floor-to-ceiling glass windows seamlessly implemented throughout.

The 12,000 sqft. sales gallery will unveil in January 2022, giving buyers a first-hand glimpse of the private beachfront enclave that will encompass a one-of-a-kind collection of residences. Poised to be nothing short of extraordinary, the sales gallery will feature an actual full-size 6,000 sqft. model unit replica within, establishing this particular sales gallery as the first of its kind for brokers and potential buyers. The Bentley Residences sales gallery will be located at 18325 Collins Avenue.

“Bentley Residences will be a true branding experience from the unseen details to the unique way the buyers will be able to go home. Having four parking spaces adjacent to your unit with a swimming pool is a game-changer,” says President of Dezer Development, Gil Dezer.

Bentley Residences, set to debut in Sunny Isles Beach in 2026, marks the world’s very first Bentley branded luxury residential property. Conceptualized by top U.S property developer, Dezer Development, designed by the world-renowned architectural firm Sieger Suarez Architects - known for their work on Dezer Development’s Porsche Design Tower and Residences by Armani/Casa - the tower will feature uninterrupted views of the ocean and waterways, bringing the beauty of the outdoors into each new home.

The Bentley design team is collaborating with Dezer on the interior and exterior architecture of the building, translating Bentley’s luxury design to the residential experience. Built with luxury car owners in mind, each residence will include an in-unit multi-car garage and a patented car Dezervator alongside all the most desirable luxury amenities and world-class services. Designed by world-renowned architectural firm, Sieger Suarez Architects, the luxury residential tower is designed to appeal to Bentley’s and Dezer Development’s most discerning customers.

As guests drive down the sprawling driveway into the sales gallery, they will be greeted by an abstract, life-size floating speed form Bentley sculpture, which will live outside of the Bentley Residences tower upon completion. Additional information about the Bentley design integration will follow in 2022.

Luxury and hospitality are at the forefront of the Bentley Residences experience. Keeping that in mind, the sales gallery is designed to exude the same magnificence that will be experienced by buyers once the luxury tower is officially launched. The sales gallery will offer a theatre room and separate lounge area for brokers, along with a bar stocked with a range of the finest whisky to entertain clients and host intimate dinners and events for automobile connoisseurs and high-end luxury enthusiasts. Additionally, a Bentley Brand Room will occupy a dedicated area within the gallery, where one of the finest examples of British craftsmanship will be displayed at the center, offering guests an extended experience and information on the brand.

Just minutes from Bal Harbour and Aventura, Sunny Isles Beach is located on a barrier island in Northeast Miami-Dade and borders both the Atlantic Ocean and the Intracoastal waterway. Dezer Development is profoundly known for the development of many top luxury hi-rise hotels and condominium projects in Sunny Isles beach.

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