PMG launches Delano-branded supertall condos in Miami

PMG is launching a Delano-branded supertall in downtown Miami, next door to its under-construction Waldorf Astoria Hotel & Residences supertall. The planned Delano Residences Miami marks the first branded condo project for the hotel, according to a news release. Slated for the 1.2-acre site at 400 Biscayne Boulevard, the project is set to rise 850 feet, or 90 stories with 421 units. PMG’s Ryan Shear said the development will likely take about five years to complete. Supertalls, due to their height, are more complex construction projects and take longer to build than other kinds of developments. Shear acknowledged the longer […]

This article originally appeared on The Real Deal. Click here to read the full story.