Carlos Ott

New Tower Crane Permits Submitted to FAA for Waldorf Astoria Hotel & Residences Supertall Site in Miami

8:00 am on November 10, 2024 By Oscar Nunez

Permits for additional tower crane heights have been filed with the Federal Aviation Administration (FAA) for the Waldorf Astoria Hotel & Residences in Downtown Miami. Located at 300 Biscayne Boulevard (alternatively addressed as 249 Northeast 3rd Street), the 100-story tower has two active Maxim cranes installed on-site, initially requested to rise to 1,255 feet above ground level (1,266 feet above sea level) but approved at heights of 955 feet above ground (966 feet above sea level). The latest permits, submitted on October 25, 2024, seek approval to extend these cranes to 1,214 and 1,225 feet (or 1,238 and 1,249 feet above sea level), allowing the construction team to continue building upwards to the tower’s final planned height of 1,049 feet.

Waldorf Astoria Hotel & Residences Secures Record-Breaking Construction Loan and Reaches Major Milestone in Downtown Miami

8:00 am on June 23, 2024 By Oscar Nunez

The Waldorf Astoria Hotel & Residences, a nearly 100-story luxury tower set to rise at 300 Biscayne Boulevard in Downtown Miami, has secured a historic $668 million construction loan, the largest ever for a residential condominium development in Florida. The project, developed by PMG, Greybrook, Mohari Hospitality, S2 Development, and Hilton, achieved this financing milestone with Bank OZK and Related Fund Management providing the funds.

Miami’s Building Department Issues Phased Vertical Permit For 100-Story Supertall ‘Waldorf Astoria Hotel & Residences’

8:00 am on January 28, 2024 By Oscar Nunez

The Miami Building Department has issued a phased vertical construction permit for the Waldorf Astoria Hotel and Residences, a 100-story supertall mixed-use skyscraper under construction at 300 Biscayne Boulevard in downtown Miami. Designed by Sieger Suarez Architects in collaboration with renowned architect Carlos Ott and developed by Property Markets Group in partnership with Greybrook Realty Partners, Mohari Hospitality, S2 Development, and Hilton, the soaring tower, designed in the form of nine stacked offset glass cubes, will be the first to achieve supertall status in Miami and the state of Florida. The phased permit, approved on January 10, outlines the specifics of the new construction valued at $426 million, making a significant step forward for the project since its groundbreaking in late 2022.

Fortune International Group Breaks Ground On ‘Nexo Residences’ At 13899 Biscayne Boulevard In North Miami Beach

8:00 am on October 16, 2023 By Oscar Nunez

Fortune International Group, in collaboration with Blue Road, has officially announced the groundbreaking of Nexo Residences, a 15-story condominium project offering full home-sharing capabilities at 13899 Biscayne Boulevard in North Miami Beach. Designed by Frankel Benayoun Architects Inc. with consultation from internationally-renowned architect Carlos Ott, and common areas, residential interiors, and landscaping curated by Urban Robot, the development features 254 fully furnished residences, giving homeowners complete discretion over their usage. Prices start from the mid $600s, offering a range of options from studios to four-bedroom townhomes, from 531 to 2,190 interior square feet. Nexo Residences, exclusively marketed by Fortune Development Sales, is expected to be completed in 2026.

Tower Crane Permits Filed For Waldorf Astoria Hotel & Residences Supertall In Downtown Miami

8:00 am on June 6, 2023 By Oscar Nunez

Tower crane permits have been filed for 300 Biscayne Boulevard, marking a significant step forward in the construction of Miami’s 100-story Waldorf Astoria Hotel & Residences. This supertall tower, designed by Sieger Suarez Architects in collaboration with Carlos Ott, is being developed by a consortium of high-profile partners. These include national developer Property Markets Group, Canadian private equity firm Greybrook Realty Partners, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton, with John Moriarty Associates as the general contractor.

Fortune International Group And Blue Road Launch EB-5 Investment Opportunity For Nexo Residences In North Miami Beach

8:00 am on August 18, 2022 By Oscar Nunez

Miami-based Fortune International Group and Bay Harbor Islands-based Blue Road announced that Nexo Residences, a 15-story condominium project planned for construction in North Miami Beach with unrestricted home-sharing rental capabilities, is now designated for EB-5 Program investment. Located at 13899 Biscayne Boulevard, Nexo Residences is one of the first condo projects in the rapidly growing area that offers short-term rental capability without restrictions amidst its 254 residences. Designed by Frankel Benayoun Architects Inc. with consultation from internationally-renowned architect Carlos Ott, and common areas, residential interiors, and landscaping curated by Urban Robot, the project’s well-thought, resort-style amenities are coupled with connectivity throughout to make one’s stay on the property seamless – giving meaning to the brand’s name, Nexo, which is “nexus” in Spanish, a central point for its location, lifestyle and technology.

Fortune International Group And Blue Road Launch 15-Story Nexo Residences In North Miami Beach

8:00 am on April 21, 2022 By Oscar Nunez

Fortune International Group, one of South Florida’s preeminent leaders in residential real estate development, in partnership with Bay Harbor Islands-based Blue Road, have launched Nexo Residences, a 15-story residential building planned for 13899 Biscayne Boulevard in North Miami Beach. Designed by Frankel Benayoun Architects Inc. with consultation from internationally-renowned architect Carlos Ott and Urban Robot Associates handling landscaping and interiors, the structure will yield 254 move-in ready condominium residences with short-term rental capability, one of the first of this kind for North Miami Beach. The developers, who are reportedly under contract to purchase the property, hope to break ground later this year on the triangular 1.74-acre site, bound by Northeast 139th Street on the north, Biscayne Boulevard on the west, Highland Drive on the south and Northeast 20th Place on the east. Fortune Development Sales is exclusively handling sales and marketing, with units starting from $400,000.

Vertical Construction Permits Filed For 100-Story Waldorf Astoria Hotel & Residences, Miami’s First Supertall Skyscraper

8:00 am on April 8, 2022 By Oscar Nunez

New building permits have been filed for the vertical construction of the highly anticipated Waldorf Astoria Hotel & Residences, a 100-story mixed-use supertall skyscraper that’ll soon rise at 300 Biscayne Boulevard in Downtown Miami. Designed by Sieger Suarez Architects in collaboration with renowned architect Carlos Ott, and developed by Property Markets Group, along with partners Greybrook Realty Partners, Mohari Hospitality, S2 Development and global hospitality company Hilton, the building will simultaneously become Miami’s first supertall skyscraper and the tallest residential building south of New York City. rising 1,049-feet into the skyline. John Moriarty & Associates of Florida Inc. has been named as the general contractor

1,049-Foot Supertall Waldorf Astoria Hotel & Residences Sells 72% Of Inventory Prior To Construction

8:00 am on January 15, 2022 By Oscar Nunez

National developer Property Markets Group, along with partners Greybrook Realty Partners, Mohari Hospitality, S2 Development and global hospitality company Hilton have announced that the Waldorf Astoria Hotel & Residences, Florida’s upcoming first supertall skyscraper, has sold 72% of its residential inventory in just nine months. Designed by Sieger Suarez Architects in collaboration with renowned architect Carlos Ott and featuring interiors by award-winning interior design firm BAMO, the building will rise 100 stories and 1,049 feet above Downtown Miami and Biscayne Bay as the tallest residential and hotel building south of New York City, set to become a landmark beacon for the city and an architectural wonder in Florida. Located at 300 Biscayne Boulevard, the development will mark the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami market.

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

Waldorf Astoria Residences Miami Unveils Sky Collection

8:00 am on December 13, 2021 By Oscar Nunez

The developers of Miami’s upcoming first supertall skyscraper have unveiled the Sky Collection of residences at the Waldorf Astoria Hotel & Residences, a 1,049-foot-tall mixed-use development planned to rise 100 stories at 300 Biscayne Boulevard in Downtown Miami. The tower’s design features 9 offset glass cubes stacked upon one another, designed by Sieger Suarez Architects in collaboration with Carlos Ott for developers Property Markets Group (PMG), Greybrook Realty Partners, Mohari Hospitality and S2 Development. The Sky Collection is comprised of 40 luxurious residences featuring interiors designed by award-winning California-based design firm BAMO, priced from $4.9 million.

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