With Tri-Level Entertainment & Food Hall
PMG, Michael Simkins’ Lion Development Group, and Marc Roberts Companies have just announced plans for a Park West tower called West Eleventh Residences, to be developed in collaboration with Airbnb.
West Eleventh Residences will rise 44 stories, with architecture by Sieger Suarez Architects.
The ground floor will include a 30,000 square foot tri-level “experiential” entertainment and food hall.
Above that will be 659 fully finished and furnished condos allowing short-term rentals, delivered turn-key and ready for occupancy.
There will also be 20,000 square feet of amenity spaces, including a resort-style pool, private lounge areas, fitness and wellness centers, and on-site restaurant
It will be the first centrally managed luxury Miami condo tower allowing owners to host 365 days on Airbnb, the developers said in a statement.
Typically, developers choose to only allow third party rentals for three months or up to 189 days, according to a press release.
A team will also be on site to assist owners with their Airbnb listings.
Condo sales for the project will officially launch February 20.
This is the fifth PMG property to launch in Downtown Miami in the past 3 years, with a nearly $3B total sellout value of all developments.
(renderings: ArX Solutions)