Under Construction

One West Twelve Residences

Name: One West Twelve Residences
Address: Miami

One West Twelve Residences (ONE W12) is a 23-story, 372-unit residential tower rising on Northwest Eleventh Terrace in Miami's Historic Overtown.

Official Website

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10.01.25

Start

2028

Completion

372

Units

Floors

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Details

1129 NW 1st Court, Miami. 23 floors and 372 residences. Broke ground October 2025, completing 2028. Financed with $93M in December 2025.

The story so far

Announced 2024 est.PMG, Lion Development Group and LNDMRK unveiled and launched One West Twelve, a 372-unit Historic Overtown condo tower with chef Marcus Samuelsson (The Real Deal)

therealdeal.com

Sales launched 2024Condo sales launched in 2024; project reported 97% presold ahead of its Oct 2025 groundbreaking.

floridayimby.com

Tenant announced Jul 2024Marcus Samuelsson's Vibe BBQ anchors the ground floor: chef Marcus Samuelsson signed on at launch with Vibe BBQ, a fast-casual comfort-food restaurant and lounge (TRD; confirmed by Florida YIMBY Oct 2025)

therealdeal.com

Broke ground Oct 1, 2025PMG/Lion/LNDMRK broke ground Oct 1, 2025 on the 23-story, 245-ft, 372-unit tower; ~97% under contract; completion 2028. Per Florida YIMBY, Traded.

floridayimby.com

97 percent sold Oct 2025the 372-residence tower was reported nearly sold out as it broke ground.

floridayimby.com

Financing secured Dec 2025PMG, Lion Development Group and LNDMRK secured $92.5M construction financing from Maxim Capital Group, per Commercial Observer

commercialobserver.com

97% sold Dec 2025developers report about 97% of the 372 condos under contract at construction-loan closing

commercialobserver.com

Under construction

Expected opening 2028

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TMW IntelligenceVerified Oct 21, 2026

AnnouncedBreaking GroundConstructionOpening SoonNow Open

TMW Intelligence

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About the project

One West Twelve Residences (ONE W12) is a 23-story, 372-unit residential tower rising on Northwest Eleventh Terrace in Miami's Historic Overtown. Developed by Property Markets Group with Lion Development Group and LNDMRK Development, and designed by CUBE 3 with interiors by Cotofana Designs, the short-term-rental-friendly building offers fully furnished studios, one-bedrooms, and one- to three-bedroom townhomes. Residents share a rooftop garden and pool deck, a fitness center, curated art installations, and a smart-building system. The ground floor is anchored by Vibe BBQ, a restaurant and lounge concept from James Beard Award-winning chef Marcus Samuelsson. The tower is built by general contractor John Moriarty & Associates.