Miami breaks ground on 1,049ft tall skyscraper – the largest residential building south of NYC

Miami’s first super-tall skyscraper is on its way up after developers put the ground into the project.

The Waldorf Astoria residential tower will test a number of new construction and safety techniques that will ensure the 1049ft tower remains stable near sea level.

Supertall towers are usually defined by architects as buildings that rise at least 300 meters or 984 feet and are common in major metropolitan areas such as New York and Chicago.

However, the WA construction will be the first in Miami and will be the tallest buildings in South Florida and the tallest residential building south of New York City.

The development team expects development to be completed in 2027.

It will contain 205 guest hotel rooms as well as 260 luxury apartments, 87 percent of which have already been sold.

The 100-storey tower will resemble a series of nine spiral cubes stacked on top of each other.

The construction timetable is about four full years – with an expected completion date of 2027 – developers were able to break ground last month

It was designed by Sieger Suarez Architects in collaboration with Carlos Ott. Interiors were conceived by California-based interior design firm BAMO.

The hotel – located at 300 Biscayne Boulevard, will be the first Waldorf Astoria to open in Miami, will feature a resort-style pool deck with private cabanas, a spa and fitness center, meeting and boardrooms, indoor and outdoor spaces, and a restaurant called Peacock. alley.

The units starting in the $2 million range have already sold out, while the top cube houses remain on the market. Prices for those homes start at $10 million, with buyers having to put down 30 percent.

Because of the structure’s proximity to sea level, the construction requires construction crews to dig deep into the earth, past the porous limestone and water table until they hit the more stable rock below.

Buildings on the Florida coast can’t shake when hurricane storms approach, and developers must comply with all current hurricane codes. The developers say the Waldorf building is so heavy and large that the 150-200 knot hurricane winds that tend to arrive with the wet season won’t affect it.

Managing Partner at PMG – which is developing the building – Ryan Shear, says Miami building regulations are “the strictest in the country, and that’s true for 300-meter or eight-storey towers.”

“There is no city where I feel safer than Miami in terms of hurricane code,” he said.

The property – Waldorf Astoria Residences Miami – will consist of 360 private residences and 205 rooms and suites in a five-star hotel

So far, 87 percent of the apartments have been sold. All units starting in the $2 million range have been sold, leaving the top cube units starting at $10 million

A view showing what one of the residences in the tower might look like. The building was designed by Sieger Suarez Architects in collaboration with Carlos Ott, with the interior by California-based interior design firm BAMO

All properties offer ‘the latest smart-home technology with custom mobile app access to concierge service’

The builders will also use the city’s first tuned mass damper, which resembles a large pendulum and will be installed at the top of the building to prevent it from swaying in the wind.

Developers are also using a technique called deep soil mixing to reinforce the soil beneath the structure so as to cause minimal vibrations to the surrounding buildings over the four anticipated construction years.

PMG’s chief executive Kevin Maloney told the Wall Street Journal that while other buildings may have only taken four months to prepare the foundation of the building, “it will take us a year to get all that construction underground to support this building.”

PMG has faced several recent challenges, including the massive Hurricane Ian, which caused significant damage across Florida and subsequently caused insurance rates to rise.

The relative state of the US economy and skyrocketing mortgage rates haven’t helped either – although presale of units prior to construction helps offset current costs.

The luxury building will feature a resort-style pool, gym, spa and dining options including Peacock Alley

The building rises as Miami continues to forge its place as a global capital for commerce, and as affluent Americans across the country continue to move to the area

Each resident, of which there are 360, will boast floor-to-ceiling windows and up-to-date technology improvements, including a custom concierge service app

However, Maloney says that despite the current circumstances, he expects a completely different financial environment to emerge by 2027 when the building is completed.

“There is no doubt that the economy is in a dark position and financing is difficult, but you also have to understand that it will take 48 to probably 55 months to build this thing,” he said.

The project is also being developed by Toronto-based private equity firm Greybrook Realty Partners, global investment firm Mohari Hospitality, S2 Development and Hilton – the owner of the Waldorf Astoria brand.