Real Estate

Miami Waldorf Developer Pitches Second 1,000-Foot Skyscraper

A rendering of PMG’s Delano Residences Miami, center right, and the Waldorf Astoria Residences Miami, center left.Source: ARX Creative

The real estate developer building a 1,049 foot-tall Waldorf Astoria-branded condo tower in Miami is now proposing a second supertall skyscraper down the block.

Property Markets Group, the Miami-based firm which also co-developed the super-slender building at 111 W. 57th St. on Manhattan’s Billionaires’ Row, plans to break ground on the 985-foot tower in downtown next year and will partner with Delano, a hotel brand that includes a historic art deco hotel in Miami Beach and locations in Paris and Dubai.