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.
The Southerly at Southbank has finished construction in Jacksonville, FL. The venture offers luxury studio, one-bedroom, two-bedroom, and three-bedroom units. Per Apartments.com, they range from 404 square feet to 1,714 square feet each.
Preliminary plans have been revealed in a pre-application filing with the Miami-Dade County Department of Regulatory and Economic Resources requesting an administrative site plan review for The Ursa, a 15-story Class-A office building proposed for 3825 North Miami Avenue in Miami’s Design District. Located between North Miami Court and North Miami Avenue on Northeast 39th Street, the 0.598-acre assemblage is a block away from Interstate 195 (Florida State Road 112) and within walking distance of the Design District’s upscale fashion and design stores. Designed by Arquitectonica and developed by Dacra, the building would contain 180,000 square feet of office space and 6,800 square feet of ground floor retail with museum-quality exterior public art and interior art curated by Daniel Arsham.
Parasol is continuing construction in Melbourne, FL. The community’s designed for older people looking to maintain healthy and active lifestyles. Construction began on the venture in early 2021. It will ideally open in Winter 2022.
A pre-application has been initiated for an administrative site plan review with the Miami-Dade County Department of Regulatory and Economic Resources for 700 North Miami Avenue, the site of the cancelled Marriot Marquis Miami Worldcenter and the former location of the Miami Arena (demolished in 2008). The application lists WG 700 North Miami LLC, an entity owned and managed by New York City-based Witkoff Group, as the owner of the application, and reveals Miami-based Kobi Karp Architects is leading the design for the project. Plans for the 4.7-acre site consists of three 57-story mixed-use buildings with up to 2,195 residential units, 540,000 square feet of office space, and 49,999 square feet of retail space. Witkoff, along with Chicago-based Monroe Capital, acquired the property for $94 million from MDM Group in July of last year.