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Waldorf Astoria Hotel & Residences Miami (Miami)

Greybrook invested equity capital alongside PMG and is overseeing their development of 300 Biscayne.

Located in the heart of downtown Miami, rising 100 stories and 1,049 feet above Biscayne Bay, the highly anticipated Waldorf Astoria Hotel & Residences Miami will stand as one of the tallest hotel and residential towers along the East Coast. It will consist of 360 private residences as well as 205 guestrooms and suites within the five-star hotel.

Ideally located just minutes away from the new Miami World Center and several state-of-the-art cultural attractions, the 800,000 square-foot ultra-luxury tower will feature expansive function spaces, a resort-style pool, a state-of-the-art fitness centre, and the second wellness-focused spa of its kind.

Equity Investment:
$37,370,000 USD
Asset Type:
High-Rise
Total Units:
Over 500 Ultra-Luxury Units
Developer Partner:
PMG
Status:
Active
Completion Value*
$970,000,000 USD
*Total completion value estimated at time of investment.
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Project News

Historic Foundation Pour Kicks Off Vertical Construction at Waldorf Astoria Hotel and Residences Miami

Portfolio Updates
June 25, 2024

Recently our Waldorf Astoria Hotel and Residences Miami achieved a remarkable milestone with a historic foundation pour led by John Moriarty & Associates alongside CAPFORM. Over 31 uninterrupted hours, 195 construction workers and a continuous rotation of 1,240 trucks delivered…

Waldorf Astoria Hotel & Residences Miami

Greybrook, PMG, Mohari Hospitality, S2 Development and Hilton Secure $668M in Construction Financing for Waldorf Astoria Hotel & Residences Miami

Portfolio Updates
June 14, 2024

Greybrook, along with partners PMG,  global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton (NYSE: HLT) proudly announce they have secured $668M in construction financing for Waldorf Astoria Hotel & Residences Miami. This monumental milestone marks the…

Florida’s Rapid Growth – People and Businesses Are Migrating to the Sunshine State in Droves

Insights
March 30, 2023

Since we began investing in Florida, we have watched the Sunshine State grow significantly, benefiting from consistent migration to the state and a transformation of cities and key markets along the east coast. With a population of over 22.2 million…

Miami’s First Supertall Tower Holds Official Groundbreaking in Downtown Miami

Portfolio Updates
October 20, 2022

Excitement over this noteworthy milestone in the city’s history has been covered by the Miami media over the past several days leading up to the event. On October 27th, 2022, PMG, Greybrook and various partners and a number of news…

Florida’s First Supertall Tower, Waldorf Astoria Miami Residences, Reaches 72% Sold

Portfolio Updates
January 13, 2022

Our Waldorf Astoria Miami Residences project with partner PMG, has sold 72% of its residential inventory since launch 9 months ago. Rising 100 stories and 1,049 feet above Biscayne Bay as the tallest residential and hotel building south of New…

Watch the Waldorf Astoria Residences Miami Project Film

Multi-media
October 22, 2021

Watch the short film below. Designed unlike anything built before in Miami, this luxury residential and hospitality tower will include a stack of nine offset glass cubes, replicating a freestanding sculpture in the sky. The design is led by concept…

Waldorf Astoria Residences Miami Launches One-of-a-Kind Sales Gallery Experience

Portfolio Updates
June 22, 2021

Guests were invited to an exclusive grand opening event to tour the expansive 11,000 square foot sales gallery, which is among the largest and most technologically advanced galleries in South Florida. Watch the feature video below. The development team set…

Greybrook Hosts Exclusive Preview Waldorf Astoria Residences Miami Webinar, featuring Million Dollar Listing star, Fredrik Eklund

Portfolio Updates
March 27, 2021

The exclusive event was moderated by Hunter Milborne, CEO of Milborne Group and featured Peter Politis, CEO of Greybrook Realty Partners, Ryan Shear, Managing Partner of PMG, and the Waldorf Astoria Residences Miami all-star sales team, including Fredrik Eklund of…

Our Waldorf Astoria Residences Miami Launch Creates Media Frenzy

Portfolio Updates
March 26, 2021

Our stunning Waldorf Astoria Residences Miami project, in partnership with Property Markets Group and Hilton, officially launched sales last week. The highly anticipated announcement set the industry and social media ablaze with featured coverage in many notable publications. In case…

Waldorf Astoria Residences Miami Commences Sales

Portfolio Updates
March 22, 2021

The Greybrook Miami Limited Partnerships Residential Development New York and Miami-based developer PMG, Toronto-based private equity firm Greybrook Realty Partners and  global hospitality company Hilton (NYSE: HLT) proudly announce the commencement of sales for Waldorf Astoria Residences Miami. Located at 300 Biscayne Boulevard,…

Waldorf Astoria Hotel & Residences Miami in the News

Portfolio Updates
October 11, 2018

We are pleased to share that our Waldorf Astoria Hotel & Residences Miami announcement from September 28th has received significant media coverage. Excitement has continued to build since the development’s partnership announcement was originally featured on Bloomberg and the Miami…

Miami Introduces First Waldorf Astoria

Portfolio Updates
September 28, 2018

MIAMI – September 28, 2018 – New York-based developer Property Markets Group (PMG), along with Toronto-based private equity and asset management firm Greybrook Realty Partners, global hospitality company Hilton (NYSE: HLT), and S2 Development, announce their partnership to bring one of…

Sales Centre Construction Continues at 300 Biscayne

Portfolio Updates
July 16, 2018

Construction of the sales centre for our 300 Biscayne development with Property Markets Group is progressing well. As mentioned in our last update, the Eventstar Experience Center exterior framing, wall and roof panels are complete, as well as the interior…

Miami Sales Centre Construction Continues

Portfolio Updates
February 12, 2018

Construction of the sales centre at our 300 Biscayne development with Property Markets Group continues to advance, with utility work now in progress (see image below). The Eventstar Experience Center framing, wall and roof panels are now complete, and the…

300 Biscayne featured on front page of Miami Herald

Multi-media
November 23, 2017

Our 300 Biscayne development with Property Markets Group was featured in a front-page article in the Miami Herald this week. The 1,036 foot tall Sieger Suarez Architects designed tower will become the tallest residential building south of New York City…

Construction Continues on 300 Biscayne Sales Centre

Portfolio Updates
November 13, 2017

Construction continues to proceed on the 20,000 square foot 300 Biscayne Sales Centre since our last update. The foundation and framing are now complete, with utility work and roof installation currently in progress. Custom Modspace trailers have been procured and…

Property Markets Group Releases Stunning 300 Biscayne Renderings

Portfolio Updates
November 2, 2017

We are thrilled to share the conceptual renderings Greybrook’s developer partner, Property Markets Group, released of our 300 Biscayne development in downtown Miami. The 800,000 square foot ultra-luxury tower will feature a 5-star hotel brand and residences, as well as…

Sales Centre Under Construction at 300 Biscayne

Portfolio Updates
October 19, 2017

We are pleased to report that construction of the state-of-the-art sales centre for 300 Biscayne in Miami is underway. The superstructure that will form the shell of the sales centre has been erected, and we expect to complete the sales…

PMG Partners with Deepak Chopra on Muse

Portfolio Updates
February 28, 2017

Greybrook’s developer partner for 300 Biscayne, Property Markets Group (PMG), is elevating luxury real estate to a new level thanks to an exclusive partnership with New Age wellness guru Deepak Chopra and real estate wellness consultancy Delos on PMG’s Muse…

Biscayne Green Will Convert Parking to Park Space

Portfolio Updates
January 12, 2017

Over 101 parking spaces and two traffic lanes are set to become park space adjacent to Greybrook and PMG’s 300 Biscayne development as part of a pilot project by the Miami Downtown Development Authority. Running until January 26, the pilot…

PMG Closes $110M in Construction Financing for 300 Biscayne Rental Building

Portfolio Updates
June 16, 2016

Property Markets Group has secured $110 million in construction financing for the 36-storey rental building (formerly known as Vice) located next door to PMG and Greybrook’s luxury condominium development site. PMG principal Ryan Shear told The Real Deal Miami that the…

300 Biscayne to debut state-of-the-art sales experience centre

Portfolio Updates
May 17, 2016

Now that demolition is complete, the 300 Biscayne site is prepped and ready for construction of a spectacular and technologically advanced 20,000 square foot sales “experience” centre that will undoubtedly be a strong testament to the luxury and overall caliber…

300 Biscayne Demolition Update

Portfolio Updates
May 16, 2016

We are pleased to announce that demolition at the 300 Biscayne site is now complete. The process progressed smoothly and was completed without incident despite the discovery of traces of asbestos in the previous structure which required an additional two…

300 Biscayne: The Tallest Tower in Miami

Portfolio Updates
March 9, 2016

Miami-based realty news sites Curbed and The Next Miami both featured the news that PMG and Greybrook received approval from the FAA to build the tallest tower in Miami at the site of 300 Biscayne Boulevard. Standing 1,049 feet above…

New Renderings of MiamiCentral Released

Multi-media
January 11, 2016

Construction is underway on MiamiCentral and new renderings released this week showcase exterior views of the project’s new state-of-the-art public train station. Situated at 721 NW 1st Ave, MiamiCentral is just four blocks west of Greybrook and PMG’s ultra-luxury development…

Greybrook’s Involvement in 300 Biscayne Picked Up by Miami Media

Multi-media
December 23, 2015

Excitement surrounding the tallest tower in Miami has been building for some time, even before Greybrook’s involvement with the 300 Biscayne project broke on The Real Deal Florida on December 15th. Miami based media outlets were abuzz with the news…

Greybrook Invests USD $37,370,000 in Partnership with Property Markets Group to Develop Tallest Ultra-Luxury Residential Condominium in Miami, Florida

Company News
December 21, 2015

REVISION: The press release, issued on Thursday December 17, 2015, has been revised to clarify the reference to population growth projections for the state of Florida. Greybrook Securities Inc. and Greybrook Realty Partners Inc. are pleased to announce the successful…

The Real Deal Florida Breaks 300 Biscayne Story

Multi-media
December 16, 2015

Greybrook Realty Partners’ latest venture into the US realty market was featured on The Real Deal Florida last night. Partnering with New York based Property Markets Group, Greybrook invested $37.37 million to acquire a parcel of land at 300 Biscayne…

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