Waldorf Astoria Miami. Rendering courtesy of ArX Solutions USA LLC.

By Oscar Nunez

Waldorf Astoria Hotel & Residences Miami Reaches Construction Milestone as Superstructure Passes the 50th Floor

Property Markets Group (PMG) has announced a major construction milestone for the Waldorf Astoria Hotel & Residences Miami at 300 Biscayne Boulevard. Miami’s first supertall tower has completed the concrete pour for its 50th level, marking the halfway point of vertical construction for the planned 100-story, 1,049-foot structure. Once completed, it will become the tallest residential building south of New York City. The tower is being designed by Sieger Suarez Architects in collaboration with Carlos Ott, with interiors by BAMO. The development team includes Property Markets Group and Greybrook Realty Partners, alongside Mohari Hospitality, S2 Development, and Hilton. John Moriarty & Associates is serving as the general contractor.

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Minto Communities USA Announces New Westlake Neighborhood, The Oaks, With 266 Planned Homesites

By Oscar Nunez

Minto Communities USA has announced The Oaks, a new residential neighborhood within the City of Westlake. Opened December 6 and located off River Bend Drive, the community will include 266 single-family homesites in its first phase, with only 19 sites available in the initial release. Prices will start in the mid $400s. The Oaks introduces two new architectural elevations, Contemporary and Modern Farmhouse, expanding Minto’s established Cypress and Indigo home collections.

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Limestone Asset Management and Orion Real Estate Group Sell Renovated Pinecrest Town Center for $42.5 Million

By Oscar Nunez

Pinecrest Town Center, a mixed use retail and office property at 12651 South Dixie Highway in Miami Dade County, has been sold by Limestone Asset Management and joint venture partner Orion Real Estate Group for 42.5 million dollars. The transaction follows the completion of a comprehensive renovation of the property in early 2024. Eric Williams of Newmark represented the sellers.

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