Developer PMG has just applied for a construction permit to begin work at the 100-story Waldorf Astoria supertall tower.
It is the first time in Miami’s history that a developer has applied for a construction permit to build a supertall.
At 1,049 feet, the Waldorf Astoria will be nearly 200 feet taller than the current tallest building in Miami.
City records show that the construction permit application was filed on October 27, earlier this morning. It is not yet in review.
The permit is for foundation work only. A permit for vertical construction does not yet appear to be pending.
According to the permit filing, site and soil improvements over a total of 43,791 square feet of area is planned.
The foundation work is estimated to cost $5,165,000. Keller North America is listed as the contractor.
Miami’s Urban Development Review Board voted last week to recommend approval of the tower’s design.
PMG said this month that condo sales are strong, and that sitework would begin in the fourth quarter of 2021.