The Waldorf Astoria Hotel & Residences is the first supertall building to break ground in Miami. It probably won’t be the last. Coming up on its heels are a handful of other proposed skyscrapers that appear to be moving steadily if slowly ahead after years of delays, grandiose announcements and some wishful thinking from developers looking to bust through the fabled 300-meter — nearly 1,000-foot — benchmark.
The County has issued an RFP for 17-acre site allowing for up to 23M square feet of real estate.
The lack of existing inventory that’s short-term rental friendly, and at that price point, prompted PMG and Greybrook to switch gears to condos.
One third of the office space has already been pre-leased, the developers said, even before the project was publicly announced.
A partnership with Airbnb allows owners to rent their condos restriction-free.
The project is slated for 2,351 residential units anbd 540,000 square feet of office space.
A pre-application meeting between reviewers and representatives of the developers is scheduled for June 30.
The supertall tower is planned to rise exactly 1,049 feet – the maximum permitted by Miami’s zoning rules.
Major is planned to top off at a height of 1,042 feet above ground, or 1,049 feet above sea level, according to the new FAA filing.
