The Waldorf Astoria Hotel & Residences Miami will rise 100 stories with the shape of nine spiraling offset glass cubes. Targeted completion is 2025.
Condominium sales have launched for the 360 residences according to the joint venture partners Property Markets Group (PMG), Greybrook Realty Partners and S2 Development. The estimated development cost for the project is $970 million.
“This is really the tallest building, the best views and the best hotel in the most interesting location,” said Fredrik Eklund of Eklund-Gomes and Million Dollar Listing fame in a press release, on what makes this such a landmark project and one that Miami has never seen before.
The 800,000-square-foot project is located at 300 Biscayne Blvd. in the heart of downtown Miami. The property is expected to be the tallest residential tower south of New York City, according to the development team.
The project will feature a five-star hotel operated under Hilton’s Waldorf Astoria banner and 360 condominiums with interiors by San Francisco-based design firm BAMO. Residences will offer floor-to-ceiling glass windows with views of the Atlantic Ocean.
Shared amenities are set to include a lounge named Peacock Alley, indoor and outdoor event spaces, a signature restaurant, resort-style swimming pool with cabanas, spa and fitness center.
PMG is leading sales and marketing for the residential portion of the development, with the cost for condominiums starting at $1 million, according to reports by Architect Magazine.
Sieger Suarez Architects designed the project in collaboration with Carlos Ott.