PMG, partners launch Palm Tree-branded Miami condo project

PMG, Lion Development Group, Eden Residential and Sterling Equities have partnered to launch a short-term rental-friendly condo project in Miami. It marks the first ever branded residence for Palm Tree Crew, the music festival purveyor led by the DJ Kygo and his manager, Myles Shear. The planned Palm Tree Residences Miami is slated for the site at 31 Northwest 10th Street, according to a spokesperson for the project. The tower will span 37 stories and 483 fully furnished units, the press release shows. Floor plans will range in size from studios to three bedrooms, and prices will range from $500,000 […]This article originally appeared on The Real Deal. Click here to read the full story.