Update – developer PMG has released the following statement:
PMG is exploring the potential sale of units at the 639 unit Society Biscayne tower, and is accepting non-binding reservations. PMG has not determined whether it will actually sell units. Pre-leasing activity continues with great traction for opening as planned this summer.
Developer PMG appears to be considering switching from apartments to condos at the 49-story Society Biscayne tower, which is now nearly complete.
The tower is also being renamed Society Residences.
An announcement was made in an Instagram video by Ale Castillo Berto, an in-house broker for PMG.
Society Residences will include 646 apartments.
Short term rentals on platforms such as Airbnb will be allowed.
Units will be ready for move-in this Summer.
