PMG adds hotel to apartment high-rise in downtown Miami
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08/14/2018
PMG adds hotel to apartment high-rise in downtown Miami

Property Markets Group is bringing a hotel component to X Miami, its newly completed apartment tower in downtown Miami.

The Guild Hotels, a tech-oriented, boutique hotel group, is opening on four floors with 64 units of the 32-story, 464-unit building at 240 Northeast Fourth Street. Hotel guests will have access to X Miami’s amenities, which include a gym, sky dog park, screening lounge, co-working lab, pool deck, a covered bar, grilling area, mini market, courtyard, and coffee and cocktail lounge in the lobby.

The hotel is set to open in September, according to a spokesperson, who declined to provide hotel rates. PMG delivered the apartment tower earlier this year, and it’s about 50 percent leased. Alliance is handling the majority of leasing with ISG’s Alex Vidal and Joe Azar. Rents range from the $1,300s and go up to about $3,000. The building offers rent-by-bedroom options.r window dressing, but spaces residents enthusiastically embrace.

To read the full article at The Real Deal, follow the link here.

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