100-Story Waldorf Astoria ‘Might Be One Of Miami’s Fastest-Selling Buildings To Date’

The 100-story Waldorf Astoria Residences is seeing strong demand from condo buyers, according to a broker involved with the sales effort.

Sales at the Waldorf are so strong that the tower might be one of Miami’s fastest selling condo project to date, broker Fredrik Eklund said.

Eklund, who is the star of the Million Dollar Listing New York TV show, is involved with sales at the tower. He made his comments in an interview with Ocean Drive Magazine published yesterday.

Sales at the Waldorf launched earlier this year. By May, developer PMG said there were already hundreds of millions worth of units sold.

The developer said in June that groundbreaking would take place in early 2022.

The Waldorf Astoria Residences will become Miami’s tallest tower ever built, at 1,049 feet above sea level.

Eklund told the magazine that the tower will make a worldwide statement.

“It is 100 stories and you can already see it on the skyline like how you see the Empire State Building and the Eiffel Tower,” he said.

 

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Anonymous
4 months ago

Loft Downtown 2 sold out in a weekend.
E11even didnt open a sales office before being sold out.

The list is long

Anonymous
4 months ago

Loft 2 was a billion dollar sell out… great comparison!

Anonymous
4 months ago

One weekend to sell out nearly 500 units equals a higher overall value in one weekend than this building has done in months.

Math may be difficult, but others on this site are willing to help.

Anonymous
4 months ago

Ummmm….
The Loft buildings sold fast, like churros at a street fair. The starting prices where at $95k and “reserved” for school teachers and first responders. Great projects and well done.
This is a 1,000+ luxury tower starting at prices 20x what Loft “towers” entry pricing was.

Yes. Churros are easy to sell. If you are fascinated by units, then maybe Loft is a good comparison.

If you are a developer or a Million Dollar Listing Agent you would count volume as dollar volume not number of units.

Anonymous
4 months ago

Please educate me…
When did Loft 2 hit the $200m in sales mark?

Anonymous
4 months ago

a bit underwhelming that the tallest, most significant tower in the city will look like a random, low dexterity kid’s lego tower. Understanding it is a concept and to each it’s own, this tower falls short from an exquisite, elegant, classical yet modern design other sky scrapers around the world carry with them forever.

The next 100 years Miami will have a zig-zagging crooked finger instead as the focal point to its skyline.

Anonymous
4 months ago

Amen!

Anonymous
4 months ago

I don’t think it’s that bad.

Anonymous
4 months ago

Austin already has a “child’s blocks” tower. Kinda fun.

Anonymous
4 months ago

Immaculately-said. “Crooked finger,” 100%

Anonymous
4 months ago

fair enough, but let’s be a bit more pragmatic. The buyers get great unit layouts and the Waldorf Astoria brand/image/amenities in a great location in Downtown. So if the picky Waldorf Astoria likes it and the buyers like it, then well it getting built before any other supertall. Now as for the crooked finger, pragmatically s-waking you get either a nice rigid tall middle finger or the crooked one. I take the crooked for now. The other nice on papear designs at this height lose too much valuable unit space, these units are selling at high $sqft.

MAK
4 months ago

I agree. It looks like a two year old stacked some blocks. After the Surfside collapse, you couldn’t pay me to live in this, especially that high up.

Anonymous
4 months ago

MAK.
Be honest. If I didn’t pay you to live there, you couldn’t afford to live there.
Save your keystrokes.

Anonymous
4 months ago

“a bit underwhelming that the tallest”
Your post reminds me of the meeting of Howard Roark and the Board of the bank when he is called in to win the award.
Everyone on this board should have read that book…but if you are ultra lazy…watch the movie.

Anonymous
4 months ago

This will not be a 100-story tower unless someone believes 9′ finished ceilings will sell today.

Yet Another Anonymous
4 months ago

1040 ft is enough for 10.5 ft floor to floor so 9.5 feet ceilings for 98 floors might be possible. Some floors being shorter could make some be 10 ft or double height penthouses.

???
4 months ago

An your an expert on real estate? Just shut up please!

Anonymous
4 months ago

^^Next time you want to post on this site, don’t.

Anonymous
3 months ago

Lolol

Anonymous
4 months ago

You are correct sir.
Stories and floors are not quite the same.

Anonymous
4 months ago

So the pool is in the back with no views?!?!?!?!?

anonymous
4 months ago

its the only place tha gets the south and west sun or the noon to sunset sun.

Anonymous
4 months ago

The pool will be entirely blocked by X Miami?

Anonymous
4 months ago

Not the quickest sell out, but still very impressive. Looking forward to this actually getting built.

Anonymous
4 months ago

Realtors can’t be sued for saying such inaccurate statements, so they always use “fastest,” “best,” and “iconic” since they aren’t actually responsible for proving any of that.

What a “profession.”

Anonymous
4 months ago

Source?

Anonymous
4 months ago

The Ferris wheel in the photo looks silly.

Anonymous
4 months ago

The design of this building would be much better suited for a smaller building that fits in line with the other unusually beautiful architecture downtown. But as the singular building that stands taller than the rest, this design does not work. It looks goofy; haphazard. For an incredibly tall building to positively define a city’s skyline, I think it should be smooth, curvilinear elements, more organic, more elegant.

Anonymous
4 months ago

Thank you Anonymous!!!! Your insight has just broken the tie!
“This design does not work”. Awesome insight. With your sage guidance, I am going to chose another building instead…we will choice the Waldorf Astoria that has the “more organic, curvilinear elements”.
Thank you Anonymous!
(DM me and let me know where you are putting the other Waldorf Astoria. Thanks.)

Anonymous
4 months ago

Great rendering the tower over the clouds.
Do you know which company did the renderings?
I have a project and I need to contact them.
Any help will be appreciated.

Anonymous
4 months ago

Arxsolutions

Anonymous
4 months ago

I don’t know for sure, but lookup ARX Solutions. They do a lot of work for PMG

Anonymous
4 months ago

That lot is hella small they parking garage must be robotic

Anonymous
4 months ago

X Miami is going to share it’s garage…. That’s why the garage was built, for both towers

Anonymous
4 months ago

Are they ever going to replace the artwork that came off in the hurricane? These buildings aren’t built very well it seems.

Miami Conch Fritter Eater
4 months ago

It has nothing to do with the building, the artwalk was jut a giant tarp.

Miami Conch Fritter Eater
4 months ago

Okay Makes sense

Jaroz
4 months ago

The ugliest building terrible architectural design. How can the city if Miami approve
Such a ugliest building. Only in Miami.

Anonymous
4 months ago

Excellent insights Jaoz.
Please come to my next dinner party! I’ll bet your ideas will light up the room.

Anonymus
4 months ago

A crooked monster in the middle of downtown. Ugly af.

Anonymous
4 months ago

Should have been taller

Anonymous
4 months ago

Stop complaining! You will look like an ant next to it!

Gonzalo Navarro
4 months ago

I would be great it you give us credit. Renderings by @Arxsolutions

dude you really gonna build that?
3 months ago

IT’S STILL BUTT-UGLY

Anonymous
3 months ago

I really hope it has an observation deck because that’s something that Miami needs

Anonymous
4 months ago

This and the SkyRise would have been amazing!

Anonymous
4 months ago

The skyrise can still happen. Someone will pick it up, it’s too important of a project.

Anonymous
4 months ago

Skyrise is trash.

Anonymous
4 months ago

what makes it important?

Anonymous
4 months ago

Every major city has an observatory that is representative of the city. Miami needs one and this was it!

Anonymous
4 months ago

Learn more about the engineering. The patents. The way it is constructed. Skyrise is nothing short of amazing.

Anonymous
4 months ago

IF SOMETHING HAPPENS IN ONE OF THESE WHO. WILL HELP ONE AS WE DO NOT HAVE A TRUCK. LADDER REACHING THAT HIGH. AN WIILL THE DEVOLPER PAY INTO OUR INFSTRUCTURE.

Anonymous
4 months ago

First of all, call the nurse and have her un-sticky your CAPLOCK button. Secondly, ahhhh…..just get the first of all fixed first..

Anonymous
3 months ago

Hahaha I love it