Miami developers Terra and AB Asset Management have secured funding for a luxury condominium building in the heart of Coconut Grove. 

The project will combine living, working and entertainment space totaling 4 million square feet.

The unit will top the Waldorf Astoria Residences, which will be the tallest residential building south of Manhattan when it’s completed. 

The gated community, AKAI Estates, will consist of 16 properties with modern styling and amenities ranging from 7,000 to 15,000 square feet.