Waldorf Astoria Reaches 72% Sold and Ground Breaking Scheduled for 2022
Things are moving along with Waldorf Astoria Miami Hotel and Residences. At just 72% sold, developers have officially announced the ground-breaking for the elusive 100-story Miami tower.
The pre-construction tower is being developed by PMG (Property Markets Group and Greybrook Realty Partner in a joint collaboration. Rising 1,048 feet tall, Waldorf Astoria Hotel and Residences Miami will be the tallest Miami tower and Miami’s first supertall skyscraper.
According to the Managing Partner of PMG, Ryan Shear, the 72% mark was achieved in just 9 months. Shear also stated, “Miami is booming and quickly entering a new development cycle, and we are thrilled to be part of the Waldorf Astoria Miami’s legacy, which will forever transform the city’s skyline.”
In the press release of Waldorf, the developers stated that around 55% of buyers are domestic while 45% are international buyers. Most of the domestic buyers were from the Northeast, California, and South Florida. The international buyers include Mexico, Russia, Turkey, and Colombia.
This luxury project will include 360 condo residences, 205-key hotel rooms operated by Waldorf Astoria.
Towe Amenities:
Private bar/wine tasting room
Signature restaurant
Meeting and boardrooms
All-day dining brasserie
Waldorf Astoria Kids Club
Peacock Alley
True Waldorf service and concierge
24-hour valet parking
Waldorf Astoria immersive resort-style pool with outdoor cafe and private cabanas
24-hour doormen and lobby desk attendants
Live-in resident manager and 24-hour security
24-hour concierge services as well as access to dedicated on-site professionals
Signature spa
A leading-edge fitness center with private training studios
Owners Lounge with high ceilings, billiard and entertainment room, and adjacent catering kitchen
Private residential pool deck with whirlpools and lounging areas
Frontdoor package and service delivery via signature Concierge Closet
Exclusive Waldorf Astoria Miami access and benefits, including preferred spa and restaurant rates and access to a la carte hotel services
Residence Features:
The latest “smart building” technology with a custom Waldorf Astoria Residences app linking residents to 24-hour concierge services and building amenities
10-foot-high ceilings with floor-to-ceiling windows sporting stunning views of the city, Biscayne Bay, Miami Beach, and the Atlantic Ocean
All residential interiors designed by award-winning interior design firm BAMO
A contemporary lighting package including recessed lighting, dimmers, and lighting control
Includes integrated audio, video, and lighting systems
Fully built-out closets in all residences curated by BAMO
Flooring selections included with specifications recommended by BAMO
Built-in top-of-the-line in-unit washer and dryer
Valet parking included
Pre-wired for high-speed communications and data connection
Sub-Zero and Wolf appliance package with wine storage and integrated paneled microwave, dishwasher, built-in convection oven, and refrigerator/freezer
Kitchens featuring custom Italian cabinetry curated by BAMO
Dornbracht and Duravit bathroom fixtures and accessories
Master bathrooms with rainfall showers and custom Italian vanities
The building was designed by Carlos Ott and Sieger Suarez Architects. The design will resemble nine large, staggered/stacked glass cubes. The interiors of Waldorf Astoria Residences Miami were designed by BAMO.
Currently, there is a construction permit currently under review with Miami’s Building Department. The groundbreaking is scheduled for the first quarter of 2022 with a completion date set for 2026.
Introducing the “Sky Collection” at Waldorf Astoria Residences Miami
Waldorf Astoria Hotel and Residences Miami will rise 1,049 feet tall making it Miami’s tallest and its first supertall skyscraper. The tower itself offers 100 floors of luxury residences and amenities expanding over 1.5 million square feet vertically.
With nine offset, stacked glass cubes rising over Miami, this tower will be like no other residential project in Miami or in the world. Sieger Suarez, responsible for the Burj Al Arab tower in Dubai, and Carlos Ott, responsible for Echo Brickell, have partnered on the design of this remarkable tower.
Waldorf Astoria Hotel and Residences Miami will feature 361 condo units and 205 hotel rooms. The condo residences will range from 1 to 4 bedrooms (located in cubes 4 through 7), not including the “Sky Collection” or the penthouses.
Until today, the developer of Waldorf Astoria Residences Miami had only released cubes 4 through 7. In a two-part VIP Broker event this afternoon, Cube 8, known as the “Sky Collection”, was unveiled.
The sky collection consists of four units per floor totaling 40 units altogether (floors 80-89), ranging from 2 to 4 bedroom floor plans. The 2 and 3 bedroom units will be west-facing while the 4 bedroom units will be east-facing. The residences will feature 2,465 to 2,575 total square feet including terraces. Sky residences will feature 12-foot ceilings and will have the same finishes as the penthouse residences. Sky collection pricing range from $5 to $9.2 million.
For buyers requiring more living space, Waldorf Astoria Residences Miami will have five, full-floor penthouses, all located in Cube 9 of the supertall tower. Each floor will total 13,155 square feet, including east and west terraces, and feature 14-foot-high ceilings with floor-to-ceiling glass windows. The west terraces will include a summer kitchen and plunge pool. Two of the five penthouses have already sold, and the remaining three are asking $40 million.
Tower Amenities:
Peacock Alley
True Waldorf Service and concierge
Unobstructed views of city and downtown skyline, Miami Beach and the Atlantic Ocean
Waldorf Astoria immersive resort-style pool with outdoor café and private cabanas
Private Bar/ Wine Tasting Room
Signature Restaurant
All-Day Dining Brasserie
Pre-function and function spaces
Meeting and boardrooms
Waldorf Astoria Kids Club
24-hour valet parking
Signature spa
A leading-edge fitness center with private training studios
Residential Amenities:
24-hour doormen and lobby desk attendants
Private porte cochère with 24-hour valet service and private residential entry
24-hour concierge services in addition to dedicated on-site professionals
Live-in resident manager and 24-hour security
Front-door package and service delivery via signature Concierge Closet
Owners Lounge with high ceilings
Billiard and entertainment room with panoramic bay views
Designed for private functions and equipped with adjacent catering kitchen
Private residential pool deck with whirlpools with lounging areas
Exclusive Waldorf Astoria Miami access and benefits, including preferred spa and restaurant rates and access to à la carte hotel services
Currently, Waldorf Astoria Residences Miami is 60 percent sold. At today’s VIP broker event, it was announced that full sellout (totaling $1 billion) is expected by March 2022. Groundbreaking is still planned for Q1 2022.
Waldorf Astoria Hotel & Residences Receives Official Approval for Demolition
The Waldorf Astoria Hotel & Residences Miami will rise 100 stories at 1,049 feet tall making it the “highest skyscraper south of Manhattan.” In June, the developers launched Waldorf Astoria’s official sales gallery located at 400 Biscayne Bay, right across from the construction site.
Waldorf Astoria has received official approval to begin clearing the site. According to the Miami Building Department, the demolition permit was submitted in early June 2021 and officially approved on August 4, 2021.
Clearing the actual 5,000 square foot site is estimated to cost around $30,000. The developer is working with The BG Group for demolition.
The developers include PMG with Sieger-Suarez Architects are the designers for the project. This tower will be truly one-of-a-kind with a unique design featuring 9 stacked glass cubes offsetting each other as they go vertical. Design interior created by BAMO design firm.
Waldorf Astoria Hotel & Residences will rise 1,049 feet tall and will feature 360 condos, 205 hotel rooms, and suites.
Tower Amenities:
Peacock Alley
True Waldorf Service and concierge
Unobstructed views of city and downtown skyline, Miami Beach and Atlantic Ocean
Waldorf Astoria immersive resort-style pool with outdoor café and private cabanas
Private Bar/ Wine Tasting Room
Signature Restaurant
All-Day Dining Brasserie
Pre-function and function spaces
Meeting and boardrooms
Waldorf Astoria Kids Club
24-hour valet parking
Signature spa
Leading-edge fitness center with private training studios
Residential Amenities:
24-hour doormen and lobby desk attendants
Private porte cochère with 24-hour valet service and private residential entry
24-hour concierge services in addition to dedicated on-site professionals
Live-in resident manager and 24-hour security
Front-door package and service delivery via signature Concierge Closet
Owners Lounge with high ceilings
Billiard and entertainment room with panoramic bay views
Designed for private functions and equipped with adjacent catering kitchen
Private residential pool deck with whirlpools with lounging areas
Exclusive Waldorf Astoria Miami access and benefits, including preferred spa and restaurant rates and access to à la carte hotel services
Property Markets Group, Greybrook, and Hilton are also partnering on the project. The groundbreaking is still planned for the beginning of 2022.
