PMG

400 Biscayne Secures $161.5M Construction Loan

400 Biscayne Site

400 Biscayne Site

400 Biscayne has secured a $161.5 million construction loan for the 49 story tower in Downtown Miami, according to The Miami Herald.

Developed by Property Markets Group and Greybrook Realty Partners, 400 Biscayne had the groundbreaking in June.

400 Biscayne will have 646 rental apartments and 51,000 square feet of commercial space.

Groundbreaking Begins At 400 Biscayne In Downtown Miami

400 Biscayne

400 Biscayne

Groundbreaking has begun on the 49 story 400 Biscayne in Downtown Miami.

Developed by Property Markets Group and Greybrook Realty Partners. the site was purchased for $53.6 million in July 2017.

400 Biscayne will have 714 rental units, 3,000 square feet of retail, 48,000 square feet of office space and a 25,000 square foot church to be occupied by the First United Methodist Church.

Plans Revealed For PMG X Biscayne At 400 Biscayne

PMG X Biscayne Rendering

PMG X Biscayne Rendering

Plans have been revealed for a 49 story tower located at 400 Biscayne Boulevard called PMG X Biscayne.

PMG X Biscayne will have 646 residential units 48,000 square feet of office space and 3,000 square feet of retail.

The Sieger Suarez designed building is being developed by Property Markets Group and Greybrook Realty Partners. The site was purchased for $53.6 million in October 2017.

Property Markets Group and Greybrook Realty Partners completed the nearby 31 story X Miami in July 2018.

The First United Methodist Church, which has been torn down on the site, is getting a new facility apart of the property with separate entrance.

Plans for PMG X Biscayne go for review by Miami’s Urban Development Review Board tomorrow.

Downtown Miami To Get The Waldorf Astoria Hotel and Residences Miami

The Waldorf Astoria Hotel and Residences Miami

The Waldorf Astoria Hotel and Residences Miami

The Waldorf Astoria Hotel and Residences Miami will open at 300 Biscayne Boulevard and will eventually rise 1,049 feet, surpassing the height of the current tallest Panorama Tower.

The project is being developed by Property Markets Group, Greybrook Realty Partners and S2 Development. The building was designed by Sieger Suarez Architects with sales to begin in 2019.

X Miami Rental Tower Now Completed

X Miami 

X Miami 

The 31 story rental tower in Downtown Miami, X Miami, is now completed. 

Construction started to get underway in August 2016 and eventually topped off June 2017. 

WIth 464 units, X Miami features a social lounge, gym, theater and pool deck with a DJ booth and dance floor. X Miami is 40 precent pre leased.

Construction photos of X Miami can be viewed here.

Muse Residences Now Completed In Sunny Isles Beach

Muse Residences Now Complete

Muse Residences Now Complete

The 50 story Muse Residences in Sunny Isles Beach is now completed and buyers have begun closing units. 

Developed by Property Markets Group and S2 Development, Muse Residences broke ground in September 2015 and topped off January 2017 with spectacular ocean views and views of Sunny Isles Beach and Downtown Miami. 

With only 68 residential units, Muse Residences was designed by Carlos Ott and Sieger Suerez Architects.

Previous construction photos of Muse Residences can be viewed here.

Murals Going Up At X Miami - Getting Closer To Completion

X Miami in Downtown Miami

X Miami in Downtown Miami

Located at 243 NE 3rd St in Downtown Miami, X Miami is getting closer to a Summer opening.

As the finishing touches are being added to the 31 story rental tower, murals by artist Sammy Slabbinck are staring to go up on the parking garage, starting with the Eastern side.

Developed by Property Markets Group, X Miami topped off June 2017 and will have 464 micro units. 

Previous construction photos of X Miami can be viewed here.