PMG Proposes Delano Residences, Miami’s Second Supertall Skyscraper at Nearly 1,000 Feet

Miami has seen an influx of supertall proposals since the turn of the century, but few developers have advanced beyond renderings to actual construction. PMG stands alone as the developer behind Miami’s first supertall, Waldorf Astoria Residences, which is currently under construction. The company has now released plans for Delano Residences, a 90-story condominium tower rising 985 FT on Biscayne Boulevard. The project marks a partnership between PMG and Ennismore, owner of the internationally acclaimed Delano hotel brand, and will deliver 421 residential units.

The new development will be located at 400 Biscayne Boulevard, directly adjacent to the Waldorf Astoria Residences. The 0.4-acre site was acquired by PMG in early 2018 for $55 million from the First United Methodist Church of Miami. Though the developer listed the property for sale in 2024, plans have since shifted toward developing the site themselves.

With sales now launching, the developer anticipates achieving pre-sales milestones to support a groundbreaking in 2027. Residences will start at approximately $800,000, with interior design by Meyer Davis. The exterior design, characterized by a distinctive curved form, is being handled by Carlos Ott Architecture and Cube 3.

The development will include studio, one-bedroom, two-bedroom, and three-bedroom residences. Units feature custom kitchen cabinetry, custom bathrooms, and modern finishes. Residents will have access to a comprehensive amenity package including a resort-style pool, lounge areas, a sky pool, fitness center, spa, and additional Delano-branded resort amenities.

The tower does not include a traditional parking podium. While detailed site plans and elevations have not yet been released, the development is expected to utilize off-site parking through the adjacent Waldorf Astoria and X Miami (now named Alea) developments. Residents benefit from 24-hour doorman and reception services, valet parking, and concierge offerings.

The tower’s upper levels will feature Miami’s tallest observation deck, complete with a cantilevered glass platform offering views of Edgewater, the Atlantic Ocean, and surrounding Miami landscapes. The development will also include food and beverage venues such as Cafe Delano, the Rose Bar, and a sky-level restaurant.

The construction timeline for Delano Residences is expected to be substantially shorter than that of Waldorf Astoria. According to PMG, groundbreaking is anticipated in 2027, with construction projected to take approximately four years. The accelerated timeline reflects lessons learned during Waldorf Astoria’s development, particularly regarding foundation work and engineering solutions for Florida’s climate conditions.

Ryan Shear, managing partner at PMG, told CoStar, “We feel incredibly equipped. We’ve done it before,” emphasizing the company’s confidence in executing the project successfully and on-time.