High-rise construction site with red tower cranes and foundation work beside the water.

July 2024 l Miami's First Supertall Tower Begins Vertical Construction

The 1,049-foot Waldorf Astoria Miami has begun vertical construction, as shown in new photos.

The Waldorf will be Miami's first supertall tower and the tallest residential building south of New York.

It will feature 387 condos and 205 guestrooms and suites, with the residential component already 90 percent sold.

A record-breaking foundation pour was recently completed, alongside the issuance of a record-breaking construction loan this month.

The foundation pour began on June 14 and was planned to last 36 hours, with 1,400 trucks delivering over 13,500 cubic yards of concrete to the site.

Developers PMG, Greybrook, Mohari Hospitality, S2 Development, and Hilton secured $668 million in construction financing earlier this month, marking the largest construction loan for a residential condominium development in Florida’s history.

Completion is planned for Q2 2028, according to the developers.

 

Please reach out to David Freed, your go-to Miami Real Estate Agent, for any inquiries regarding condo sales in Brickell and Miami.

 

Have real estate questions or need tailored advice in Miami? Contact David Freed for professional insights and personalized services. 

High-rise construction site with a red tower crane and dense reinforcing bars rising from the foundation.
Downtown Miami skyline at sunset, with a tall blue-glass tower, marina, and illuminated Ferris wheel.
Downtown Miami skyline at dusk across Biscayne Bay, with a bridge and illuminated Ferris wheel.
Glass high-rise tower with offset stacked sections against a blue, cloud-filled sky.
Glass tower rising above clouds over Miami’s bay at sunset
Miami skyline across Biscayne Bay at golden hour, with a tall tower above downtown.

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