Miami's 2 Supertall Towers: Waldorf Astoria & Delano Residences

Miami is about to become home to two supertall skyscrapers on the same block — the Waldorf Astoria Hotel and Residences and the brand-new Delano Residences Miami — and if you're thinking about relocating here, this changes everything about how Downtown looks, feels, and prices 👉🏼 Download the Miami Relocation Survival Guide: https://miamirelocationsurvivalguide.... 📲 Thinking about renting, buying, selling or investing in South Florida real estate? Contact me here: Phone: ‭(954) 655-4322‬ Email: [email protected] Waldorf Astoria Hotel and Residences Miami At 100 stories and 1,049 feet, the Waldorf Astoria will be the tallest residential building south of New York City and the tallest structure ever built in Florida. The tower's signature design — nine offset, stacked glass cubes spiraling upward — was created by Sieger Suarez Architects and Carlos Ott. Construction broke ground in late 2022 and had already cleared the 50th floor by late 2025, advancing at roughly one floor every ten days. Topping out is expected in late 2026, with completion targeted for early 2028. Delano Residences Miami Announced in February 2026 and launched for sales in March 2026, the Delano Residences rises 90 stories and 985 feet at 400 Biscayne Boulevard — one block north of the Waldorf Astoria. Both towers meeting the international supertall threshold on the same block is something no other city in the Southeast can claim. What This Means for Miami Real Estate These two towers are not a trend — they're a signal. Buyers from New York, Chicago, and internationally are making permanent decisions about Miami, and Downtown Biscayne Boulevard is where some of the most consequential real estate in the city is now being built. Understanding how Downtown fits within Miami's broader neighborhood landscape — and who it's really built for — is the first step for any serious buyer or relocator. What are the two supertall towers being built in Downtown Miami? The two supertall towers under development in Downtown Miami are the Waldorf Astoria Hotel and Residences at 300 Biscayne Boulevard and the Delano Residences Miami at 400 Biscayne Boulevard. Both are developed by PMG and are located on the same block. Together, they will make Miami one of a small number of cities globally with multiple supertall skyscrapers. How tall is the Waldorf Astoria Miami, and when will it be completed? The Waldorf Astoria Hotel and Residences Miami stands 100 stories and 1,049 feet tall, making it the tallest residential building south of New York City and the tallest structure in Florida. Construction began in late 2022, with topping out expected in late 2026 and full completion targeted for early 2028. What is the Delano Residences Miami and who is developing it? The Delano Residences Miami is a 90-story, 985-foot supertall tower at 400 Biscayne Boulevard in Downtown Miami, developed by PMG in partnership with Ennismore. Announced in February 2026, it represents the first residential project under the globally recognized Delano hospitality brand. The tower will include Miami's first public observation deck at approximately 850 feet. What are prices at the Waldorf Astoria Residences and Delano Residences Miami? At the Waldorf Astoria, remaining residences in the Sky and Penthouse Collection start at approximately $3.2 million, and the tower is over 90% sold. At the Delano Residences, prices start at $800,000, with 421 total residences across two collections offering both short-term rental flexibility and longer-term residential options. Is Downtown Miami a good place to relocate to in 2026? Downtown Miami is experiencing a significant transformation driven by major luxury development, infrastructure investment, and growing demand from relocators from New York, Chicago, and internationally. The arrival of two supertall towers with world-class hospitality brands signals long-term institutional confidence in the neighborhood. For buyers evaluating Downtown against other Miami neighborhoods, understanding pricing, lifestyle trade-offs, and inventory is essential before making a decision.