Elevating Miami’s Skyline – Waldorf Astoria Hotel & Residences Tower Cranes Set to Soar Higher
The Waldorf Astoria Hotel & Residences in Downtown Miami, a remarkable 100-story skyscraper, is reaching new heights—literally and figuratively. On October 25, 2024, permits were filed with the Federal Aviation Administration (FAA) to raise the heights of two Maxim cranes currently stationed on-site. Located at 300 Biscayne Boulevard (or alternatively 249 Northeast 3rd Street), the building project initially received FAA approval for crane heights at 955 feet above ground level (966 feet above sea level). However, new permits now seek approval to extend these cranes to 1,214 and 1,225 feet (1,238 and 1,249 feet above sea level), enabling the construction team to push upward toward the tower’s ultimate planned height of 1,049 feet.
A unique collaboration of industry leaders has come together for this iconic project. PMG, Greybrook, Mohari Hospitality, S2 Development, and Hilton are the powerhouse developers behind the Waldorf Astoria Hotel & Residences, combining their expertise to deliver an unparalleled luxury experience in Downtown Miami. This ambitious project will ultimately feature 387 luxury residences and 205 hotel rooms, merging high-end living with the elegance and hospitality for which Waldorf Astoria is known.
Designed by the acclaimed Sieger Suarez Architects and renowned architect Carlos Ott, the building’s structure is defined by nine stacked and offset glass cubes. These cubes create a distinct visual profile that promises to redefine Miami’s skyline. General contractor John Moriarty & Associates is overseeing construction, while Capform Inc. is handling the turnkey concrete work. CHM Structural Engineers is serving as the structural engineer, ensuring that this monumental tower remains safe and resilient.
According to Christian Tupper, Vice President of Sales at PMG, the building’s structural shell has already made significant progress, reaching around 7 to 8 stories as of his LinkedIn update two weeks ago. This milestone brings the structure close to completing the first of its nine unique cubes, signifying a major step in the project’s upward journey. With the approval of the additional crane height, the construction team can continue their ascent, bringing the Waldorf Astoria Hotel & Residences ever closer to its final form.
A project of this scale requires substantial financial support, and the Waldorf Astoria Hotel & Residences has secured a record-breaking $668 million construction loan to fuel its progress. This financing underscores the importance of the development within Miami’s rapidly evolving real estate landscape. Upon its projected completion in 2028, the Waldorf Astoria will stand as Florida’s tallest building and the tallest residential structure south of New York, symbolizing a new era of architectural innovation and luxury living in Miami.
As construction progresses and additional permits are approved, the Waldorf Astoria Hotel & Residences will continue to capture the attention of Miami residents and architecture enthusiasts worldwide. This monumental project is not only redefining the Miami skyline but also setting new standards for luxury and mixed-use developments in South Florida.
