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Work underway as nearly sold-out downtown Miami condominium scores financing

One W12 Residences expected to be completed in 2028
Work is underway at One W12, the fourth condominium being built by PMG and its collaborators on Miami's 11th Street corridor. (ARX Creative)
Work is underway at One W12, the fourth condominium being built by PMG and its collaborators on Miami's 11th Street corridor. (ARX Creative)
CoStar News
December 17, 2025 | 10:10 P.M.

Developers PMG, Lion Development Group and Lndmark Development scored a $92.5 million construction loan for their latest downtown Miami collaboration, the One W12 Residences.

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