Construction Updates For E11even Residences And Beyond - Miami Luxury Homes
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BY Michael Light / On August 29, 2023

 
E11EVEN Residences and Beyond, the sister building to E11EVEN Hotel and Residences in Downtown Miami’s entertainment district, has received it’s Urban Design and Review Board, despite having broken ground in June and work commencing immediately.

The approval was received on July 24 with a 5-0 unanimous vote in favor of the highly successful project with the suggestion that the decorative façade on the north side of the building continue all the way to the ground and confirm that the parking configuration will function properly, according to The Next Miami.

The groundbreaking took place on June 21 and also served to commemorate the receipt of a $262 million construction loan to fund the project.

Rendering Of E11even Residences And Beyond Downtown Miami Club S

Rendering Of E11even Residences And Beyond Downtown Miami Club Space

About E11EVEN Residences & Beyond

After the success of E11EVEN Hotel and Residences and Hotel, the developer Property Markets Group (PMG) and the nightclub partner E11EVEN Partners decided to expand on their success. It seems Miami is in-fact ready for a true Vegas-style residential development that is tied to an entertainment brand.

E11EVEN Hotel and Residences sold out in record time, with many buyers even paying with crypto. For E11EVEN Residences and Beyond, the crypto option has expired however this has not been a deterrent for sales. Before word could even properly spread that a second tower is in the works, it was already 80% pre-sold.

When completed by the end of 2026, both towers will rise 65 stories adjacent to their namesake super-club. E11EVEN Residences and Beyond will have 550 units.

Current purchase opportunities range from the $600,000’s up to $30 million.

Rendering of E11even Residences Beyond Miami Pool

Rendering of E11even Residences Beyond Miami Pool

The residences at E11EVEN Hotel and Residences are available for the owner’s use or for rentals as short as nightly. E11EVEN Residences and Beyond are available for rentals with a 30-day minimum.

Amenities in the towers are set to include a “casino-style” sports lounge, wellness center with spa and fitness center, an E11EVEN Day Club at the pool with cabanas and service and a rooftop venue. Restaurants are expected to open by Riviera Dining Group and the project has recently added a $25 million private social and cigar club called The Clayton. There will also be a rooftop helipad.

Rendering of E11even Residences Beyond Miami Helipad

Rendering of E11even Residences Beyond Miami Helipad

Celebrities have also caught on to the project, with WNBA player Candace Parker, ESPN co-host Sage Steele, and MMA fighter Luke Rockhold purchasing units in the towers. Australian tennis star Nick Kyrgios has been seen in the sales center instead of being at Wimbledon although it is unclear whether or not he actually purchased.

In a record-setting deal, Jake Paul and Logan Paul purchased neighboring penthouses in the project for $20 million apiece.

For more information or a private presentation of E11even Beyond Residences with specific prices and layouts, please contact Douglas Elliman Real Estate broker Michael Light at 786-566-1700 or via email at michael@miamiluxuryhomes.com.

 

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