Waldorf Astoria Miami will become the tallest tower south of Manhattan

Rising 1,049 feet and 98 stories into the south Florida sky, the new Waldorf Astoria Miami will become Miami’s first supertall tower and the tallest tower south of Manhattan. Carlos Ott, with the help of Sieger Suarez, is designing the project.

The design is conceived as a stack of glass cubes, one on top of the other, in slightly different positions.The tower will comprise a hotel and open-concept residences with views Biscayne Bay, the Port of Miami, Brickell Avenue, Downtown Miami, Key Biscayne, and South Beach.

Waldorf Astoria Miami

Units will be offered in studio, one-, two-, three-, and four-bedroom options ranging from 873 sf to 3,256 sf. Studios are located in cube 4 above level 40, one-, two-, and three-bedroom units in cube 5 above level 50, and four-bedroom units in cube 6 above level 60. The hotel will occupy the bottom cubes of the tower. Amenities will include a pool, a spa, a gym, recreation areas, multiple dining options, parcel receiving and delivery to residences, and valet parking.

PMG and Greybook Realty Parters are developing the project.

Waldorf Astoria Miami at dusk

Across the country, multifamily rents have skyrocketed. Year-over-year rents are up by double digits in nine of the top 30 markets, while national YoY rent growth is up 6.3%. Emerging from the pandemic, a perfect storm of migration, enhanced government stimulus and a hot housing market, among other factors, has enabled this extremely strong growth.