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49-STORY TOWER NOW UNDER CONSTRUCTION IN DOWNTOWN MIAMI HAS A NEW NAME: SOCIETY BISCAYNE

Construction got underway earlier this year on a 49-story tower in downtown Miami, and it now has a name: Society Biscayne.

PMG and Greybrook Realty Partners are developing the project after obtaining a $162 million construction loan in September.

The 1 million square foot project will include a lobby lounge open to the public.

There will also be 646 rental apartments, 51,000 square feet of commercial space, and 22,000 square feet of church space (rebuilding a church that was formerly on the site was part of the deal to buy the land).

Society Las Olas (likely renamed from X Las Olas) and Society Wynwood are also planned to be built. It isn’t clear if the X Miami tower name will remain.

Two tower cranes are now in place at the Society Biscayne construction site. Completion is expected in 2021.

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