School Concurrency Agreement Reached For 100-Story Waldorf Astoria Hotel & Residences In Miami

Waldorf Astoria Hotel & Residences. Rendering courtesy of ArX Creative. USA LLC.

Miami’s skyline is set to gain its first supertall tower with the development of the 100-story Waldorf Astoria Hotel & Residences, following a recent agreement between the School Board of Miami Dade County and the project’s developers. According to county records, the deal, entered on December 5, 2022, and recorded on March 6, will enable the construction of the 1,049-foot supertall tower at 300 Biscayne Boulevard. The School Board had previously authorized the agreement on October 19, 2022.

As reported by The Next Miami, to secure development approval for the ambitious project from the city, the concurrency deal stipulates that adequate school capacity must be provided. Without this agreement, sufficient facilities for public school students would not have been available. To address this issue, the developers have agreed to select the Proportionate Share Mitigation option, committing to fund one elementary school classroom with 22 student stations. As a result, the total mitigation amount outlined in the agreement stands at $548,526.

Waldorf Astoria Hotel & Residences. Rendering by ArX Solutions.

The project is in its early stages, with site and soil improvements being carried out as part of the site work-only phase. Upon completion, the Waldorf Astoria Hotel & Residences is poised to become Miami’s first-ever supertall tower, marking a significant milestone in the city’s architectural landscape. This information comes from an amended Notice of Commencement filed on March 9.

The Waldorf Astoria Hotel & Residences’s development represents a significant investment in Miami’s skyline and showcases the importance of collaborative efforts between public institutions and private developers. By working together to ensure that the necessary infrastructure and facilities are in place to support the project, both parties contribute to the city’s sustainable growth and development.

Waldorf Astoria Miami. Rendering courtesy of ArX Solutions USA LLC.

National developer Property Markets Group, Canadian private equity firm Greybrook Realty Partners, global investment company Mohari Hospitality, and S2 Development are the developers behind this ambitious project, collaborating with global hospitality giant Hilton. The stacked cube design for the Waldorf Astoria Hotel & Residences is the creation of acclaimed architects Carlos Ott and Sieger Suarez Architects. John Moriarty & Associates is the general contractor.

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11 Comments on "School Concurrency Agreement Reached For 100-Story Waldorf Astoria Hotel & Residences In Miami"

  1. One classroom? $550K for a community contribution? Paltry does not even begin to describe this amount.
    A developer of this scale could easily commit to more given the impact this project will make on this neighborhood. Shameful job Francis Suarez and the Miami Planning Commission. You should all be removed.

    • I think the most problematic thing is ONE classroom costs over HALF A MILLION DOLLARS!!!! Is the ceiling gold leafed or something?? That’s insane.

      • I agree, you shoulbe be able to build an entire school for that. And let’s be honest, the few residents in this tower, with school aged children, won’t be sending them to a local public schools. So this is just a brib being paid to corrupt government bureaucrats.

        As for the tower, it will be exciting to see a supertall in Miami, but of all those that have been proposed, this is the worst looking among them.

  2. I wonder how many kids will actually live in this ginormous building?

    Is the 500,000 for schools yearly?

  3. Patrick FitzGerald | April 7, 2023 at 12:12 pm | Reply

    Yet another stack of boxes. Is there anything original about this comically late addition to the Jenga school of design? Apparently Francis Suarez and the Miami Planning Commission didn’t get the message that the future is not about buildings that are functionally and aesthetically obsolete before they are built.

    If it doesn’t look good in the renderings, the reality will be far worse. The only possible salvation is that they will have a hard time financing this stupid project in today’s financial climate. That will, hopefully, delay it’s start and as time passes people will realize thatthere were better ways to creatively solve this program. The school “contribution” is a pathetic joke. They’ve already paid Suarez more that that for his “yesterday’s” vision.

  4. Bobby Siemiaszko | April 7, 2023 at 1:07 pm | Reply

    So impressed with Miami. Chicago used to do these kind of supertalls. That’s what happens when so many move to Florida from Chicago.

    • That’s what happens when people vote for Mayors who like to play experiments by releasing violent criminals onto the streets to see how high they can raise the murder rate.

  5. With a building like that, I guarantee you that there will not be even one public school student living there.

    Miami is beginning to look like Hong Kong. They will be so sorry when the congestion becomes impossible. With Florida turning into Fascist-Central, I wonder if all these buildings will rent or sell. In addition to everything else like book-banning, with no permit concealed carry, I certainly won’t even visit there.

    • The population of Florida is rising, while those in California and New York are dwindling. And it’s because the leadership in Florida is not as fascist as CA and NY. The numbers don’t lie.

    • I am sure when the owners of the building hear that you won’t visit they will change everything to your liking.

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