Developers Property Markets Group (PMG) and Greybrook Realty Partners have officially announced their next grand development, and it will come in the form of a mixed-use supertall skyscraper: the Waldorf Astoria Hotel and Residences. Addressed as 300 Biscayne Boulevard, the 98-story tower will elevate the Downtown Miami skyline to new heights at 1,041 feet (317 meters). It will rise at the northwestern corner of Biscayne Blvd and NE 3rd Street, right across from Bayfront Park and Bayside Marketplace.
For the design of the building, the developers have tapped award-winning architect Carlos Ott of Uruguay, known for his unique style of architecture, and Sieger Suarez to serve as the architect of record. This development is also the first Waldorf Astoria, a luxury brand of hotels and resorts owned by Hilton Worldwide, to come to the city of Miami. Hilton Management Services will be managing the property. Pre-construction sales have launched and the developer’s in-house team is partnering with Douglas Elliman‘s Eklund | Gomes team to exclusively market the residences.
The official launch of the building comes at a perfect time as the condo market in Miami has recently become the center of attention in the world of luxury real estate. It is quite common now to see real estate developers collaborating with luxury brands to offer unique living experiences. PMG & Greybrook have done exactly that with Hilton’s Waldorf Astoria. The tower will be split between a hotel within the first three cubes offering 205 rooms and suites, while the upper six cubes will feature 360 residences ranging from studio – four-bedrooms and penthouses through the top floors, all featuring interiors from San Francisco-based Bamo Interior Design. Amenities include a spa and fitness center, resort-style outdoor pool with cabanas, event spaces both indoor and outdoor, and a Peacock Alley lounge. Units will start from US$1 million.
A timeline on when groundbreaking or construction will begin has yet to be announced.
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