Waldorf Astoria Residences Miami Passes 60 Floors
The 1,049-foot tower passed its halfway mark in December 2025 and the 60th floor in February 2026, with completion targeted for 2028.
Waldorf Astoria Residences, the 100-story, 1,049-foot hotel and condo tower at 300 Biscayne Boulevard, passed its halfway mark in December 2025 and had reached the 60th floor by late February 2026, according to Miami Today and Florida YIMBY. Topping out was expected later in 2026 and completion is targeted for 2028. As of October 13, 2026, we have not found a confirmed topping-out report.
Where construction stands
Miami Today reported in December 2025 that 50 of the 100 floors had been poured, at a pace of about one floor every ten days. Florida YIMBY reported the 60th floor on February 25, 2026, with the tower in the sixth of its stacked glass cubes.
The tower combines condo residences with a 205-room Waldorf Astoria hotel. Reported residence counts differ, from 360 in Miami Today to 387 in Florida YIMBY, so check the count in the condominium documents rather than in press coverage.
Who is building it
Property Markets Group (PMG) leads the project with Greybrook, Mohari Hospitality, S2 Development and Hilton, according to both outlets. Sieger Suarez Architects designed it with Carlos Ott, and John Moriarty & Associates is the general contractor, according to Florida YIMBY. Miami Today reported a $668 million construction loan from Bank OZK and Related Fund Management, and REBusiness reported the same $668 million loan.
What the resale listings show
Units are already listed on the MLS before delivery. As of October 13, 2026, Own.Miami counts 18 Waldorf Astoria residences listed for sale, at a median asking price of $8.98 million and a median $2,790 per square foot, with a median HOA fee of $4,700 a month on those listings. None has closed through the MLS in the last 12 months, since the building is not finished.
For context, a completed branded tower nearby, Aston Martin Residences, closed 25 sales in the last 12 months at a median $1,266 per square foot. Across Downtown, the median closing price was $587 per square foot, with about 30 months of supply.
Why it matters to buyers
A resale contract on an unfinished tower is a bet on two things: that the building delivers on schedule and that buyers in 2028 pay a large premium over completed towers. PMG's Developer Score on Own.Miami is 57 (B), from five scored buildings. Its most recent Downtown delivery, The Elser, sold 24 units in the last 12 months at a median $1,106 per square foot.
Frequently asked questions
When will Waldorf Astoria Residences Miami be finished?+
Completion is targeted for 2028; the tower reached its 60th floor in February 2026 and topping out was expected later in 2026.
How tall is the Waldorf Astoria tower in Miami?+
It is planned at 100 stories and 1,049 feet, at 300 Biscayne Boulevard.
Sources
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