Photo Credit: ARX solutions

The iconic Waldorf Astoria Hotels and Residences is making its way to the Sunshine State. The latest addition to the Waldorf Astoria family is set to alter and redefine Miami’s skyline as we know it. 

The recently-launched Waldorf Astoria Residences Miami will be the tallest residential and hotel tower south of New York City. The tower is set to measure 1,049 feet. Led by concept designers Sieger Suarez Architects in collaboration with Carlos Ott, and architecture by Sieger Suarez, along with California-based interior design firm BAMO, this project was created not only to be a luxury residential and hospitality tower but a unique, freestanding sculpture in the sky, unlike anything built before. 

“We differentiated this cube-style architecture by tilting the first cube upward. From there, we offset the other cubes and pushed the top cube out even further, providing an illusion that the tower is even taller than it is,” says Charles Sieger. 

This project also marks another collaboration between developer PMG, Sieger Suarez Architects, and design architect Carlos Ott. The “supertall” skyscraper will rise over Biscayne Bay with a monumental height structure of nine spiraling offset cubes designed to be evenly stacked, tilted, and rotated upwards, wrapped in what can be referred to as “glass skin.” Despite its complex design, the modern sculptural exterior offers residents and guests 360-degree views of the surrounding Downtown and Atlantic landscapes. 

“The exterior glass skin design of Waldorf Astoria Residences Miami impacts the experience of those residing inside the tower. It offers a different, breath-taking view from each residence, kitchen, balcony, or bedroom. The shifted nature of the stacked cubes creates a perspective that is completely unique, depending on where you are within,” says Carlos Ott. 

Internationally-renowned interior design firm BAMO drew inspiration from the rich history of the Waldorf brand and the inherent vibe that comes with living in the awe-inspiring tower. 

“Our design work is guided by the awareness that the human experience and one’s frame of mind can be influenced by their surroundings. In designing for the Waldorf Astoria Residences Miami, our goal was to create an experience that felt transcendent, inspiring a sense of awe as you arrive, and in exploring further, a sense of discovery and reflection,” said Anne Wilkinson, Principal of BAMO. 

Recently, the Waldorf Astoria Miami Residences opened its one-of-a-kind sales office in downtown Miami. Built like an experiential museum experience, the gallery features a 24-foot scale model of the building as well as a full 3 bedroom model residence. Inside the space, guests can experience video simulations of the views they will experience from residences in the towers and a beautiful model of the Miami skyline with the new building within it.

Photo Credit: World Red Eye

The company hosted a VIP event on Thursday, June 17th where notable attendees included: PMG Managing Partners Kevin Maloney, Ryan Shear and Dan Kaplan, Greybrook Realty Partners, Mohari Hospitality, S2 Development, Mayor Levine Cava, Mayor Suarez, PMG’s in-house sales team, PMG Residential, and concept designers Charles M. Sieger and Carlos Ott.

Guests were treated to champagne and drinks, live music, delicious hors d'oeuvres, and tours of the model residences.

Photo Credit: ARX solutions

“Every single day people come to our city because they want to live in the most prosperous, free, and innovative city on the planet," said Mayor Francis X. Suarez. "We are so proud of this iconic project that will redefine who we are as a city.”

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Photo Credit: Courtesy of ArX Solutions

To be located at 300 Biscayne Boulevard, the tower will rise to be 100 stories and 1,049 feet, overlooking Biscayne Bay and becoming the tallest residential building south of New York City. The South Florida project and its residences will enjoy unobstructed water and classic Miami views. It is the first offering by Waldorf Astoria in Miami, a large indicator of the Magic City's continuing ascension among the world's top lifestyle cities.

"Miami has become a true global city, drawing in a high concentration of international buyers and travelers, as well as those domestically predominantly from the Northeast, Midwest, and California," said Ryan Shear, Managing Partner of PMG. "Waldorf Astoria's rich history and heritage combined with Miami's flare has evoked an overwhelmingly enthusiastic response from a new generation of luxury consumers, as well as generational Waldorf brand loyalists around the world."

Photo Credit: Courtesy of ArX Solutions

A total of 360 residences, with an additional 205 guestrooms and suites in the five-star hotel, will be housed in the building. Some of the main spaces will include the Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a spa and fitness center. The residences start at $1 million. Sales and marketing are led by the in-house team of PMG Residential, including Aura Aragon, Alejandra Castillo, Karine Carvalho, Daiana Quiceno, and Christian Tupper. They are also joined by Fredrik Eklund, Julia Spillman, and John Gomes of Douglas Elliman's Eklund | Gomes Team.

"We are incredibly excited to partner with PMG to bring the first Waldorf Astoria to Miami, one of the most dynamic and cosmopolitan destinations that draws discerning travelers from around the globe," added Dino Michael, senior vice president and global head of Waldorf Astoria Hotels & Resorts. "Waldorf Astoria Hotel & Residences Miami will not only transform the city skyline, but usher in a new level of service to the Miami market, creating unforgettable experiences for every resident and guest.

Photo Credit: Courtesy of ArX Solutions

Concept designer Carlos Ott, now in his fifth collaboration with PMG, designed the building to have nine spiraling offset glass cubes that will have a clear and lasting impact on Downtown Miami's famed boulevard. Ott worked with Sieger Suarez to create what is to become one of the most highly-awaited projects in the history of South Florida. California-based interior design firm BAMO was brought in by the developers to complete Waldorf Astoria Residences Miami's stellar team.

Ott said, "The unique nature of this project largely comes from not only creating an iconic building, but a distinguished sculpture that would permanently alter Miami's skyline with height and design never seen before."

Photo Credit: Courtesy of ArX Solutions

The residences will have smart-home technology with custom mobile app access to Waldorf Astoria's concierge service.

"It has been an absolute pleasure working with PMG, Hilton, and the entire project team of very talented professionals to design this truly remarkable building in which every detail has been carefully considered and meticulously designed," said Peter Politis, CEO of Greybrook Realty Partners. "We are very excited for the reveal of this iconic building that is a symbol of Miami's growing prominence on the world stage and is sure to attract discerning buyers seeking a luxury lifestyle experience that is in a league of its own."

Photo Credit: Courtesy of ArX Solutions

Added Kevin Maloney, managing partner of PMG, "Waldorf Astoria is one of the only five-star hotel brands worldwide, and we're honored to expand this timeless portfolio to Miami. We feel confident with our renowned partners on board, Waldorf Astoria Residences Miami is poised to lead the new development cycle and deliver a completely one-of-a-kind, priceless experience to South Florida."

Waldorf Astoria Hotel & Residences will be managed by Hilton Management Services, offering residents.

Photo Credit: Courtesy of ArX Solutions

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The event will be covered extensively by Fox Business Network and Anchor of FBN:AM, Cheryl Casone, who is taking her New York film crew to Miami's sandy beaches to interview some of the real estate industry's biggest names at the Summit.

The "Titans of Miami" panelists will start this year's Summit at one of the grandest residential locations in all of South Florida, where they will speak of the luxury real estate market and where they see it heading. Listen and learn from them by purchasing your ticket to the Summit HERE.

They are:

Gil Dezer, President, Dezer Development

Photo Credit: Dezer Development

An accomplished businessman and humanitarian, Gil Dezer is a visionary developer, and one of the largest oceanfront property owners in Sunny Isles Beach. Dezer and his father, Michael Dezer, own just over 27 acres of prime oceanfront property, arguably one of the largest holdings of beachfront property owned and developable in the state of Florida.

Dezer has been instrumental in changing the face and value of the South Florida residential real estate industry through the introduction of brand partnerships, connecting his developments with some of the world’s most recognized brand names.

In collaboration with real estate mogul and now-President of the United States, Donald J. Trump, Dezer led the Trump Organization’s first foray into the South Florida real estate market through the successful development of Trump Grande Ocean Resort and Residences and Trump Towers in Sunny Isles Beach.

Dezer Development received a $214 million construction loan from Wells Fargo in September 2013, at the time marking the largest loan for a single construction project in the Southeast in the post-recession era. The highly-anticipated Porsche Design Tower officially became a reality in the first quarter of 2017, marking the completion of the iconic tower.

Dezer leveraged this track record of success with marquee lifestyle brands to enter into an exclusive partnership with The Related Group and Armani/Casa Interior Design Studio to launch the world-renowned fashion and furnishings designer, Giorgio Armani’s, first residential tower in the U.S. real estate market, Residences by Armani/Casa. Designed by globally-acclaimed Argentine-born architect, César Pelli, the 56-story oceanfront tower features 308 luxurious residences and incomparable amenities spanning two floors, all exquisitely designed by Armani/Casa with rich textiles and custom furnishings.

Louis Birdman, Co-Developer, One Thousand Museum by Zaha Hadid Architects

Photo Credit: Louis Birdman Architect

For nearly three decades, real estate industry veteran Louis Birdman has taken a leadership role in the development of over 70 residential projects, comprising more than 18,000 residential units nationwide.

Mr. Birdman has a significant background in property acquisitions, dispositions, entitlements, financing, planning, design, construction, sales, and marketing. Mr. Birdman has been a principal investor and developer in numerous real estate development projects throughout Florida and nationwide, including Las Vegas, Arizona, Colorado, and Texas.

He is also the founder and principal of Louis Birdman Architect, an architectural consulting practice that provides consulting services to developers of real estate in both related and unrelated entities. He has been a registered architect licensed in Florida since 1989 and has held architectural licenses in multiple jurisdictions in the United States, including Chicago, New York, and Nevada.

Mr. Birdman is the co-Developer of One Thousand Museum Residences by Zaha Hadid Architects, a 62-story condominium tower in Miami with 84 half-floor and full-floor residences. One Thousand Museum just completed, ushering in a new era of luxury living in Miami.

Edgardo Defortuna, President, CEO and Founder, Fortune International Group

Photo Credit: Fortune International Group

Edgardo Defortuna is President, CEO and Founder of Fortune International Group, a Miami-based full-service real estate firm recognized throughout South Florida, Latin America and Europe as a leader in high-end luxury real estate. He oversees all of the company's activities across all of its business units.

Mr. Defortuna brings 30+ years of experience in the real estate industry and is considered a visionary and a driving force in South Florida real estate. Since its launch in 1983, Fortune International Group has been a preeminent leader in real estate sales, management, and development, successfully operating and building in South Florida’s best neighborhoods including Brickell, Key Biscayne, Coral Gables, Miami Beach, Aventura, and Sunny Isles Beach. Today, Fortune International Group maintains 18 offices worldwide with over 1000 agents. In addition, its portfolio of developments includes Jade Residences at Brickell Bay, Jade Beach, Jade Ocean, Auberge Beach Residences & Spa Fort Lauderdale, The Ritz-Carlton Sunny Isles Beach, and Jade Signature.

Fortune International Group is well-known around the world, with a strong presence in Latin America. The company has also penetrated the European and Asian markets at full speed, with a special focus on Spain, Britain, France, Turkey, and Russia. Through his company’s success, Mr. Defortuna is widely recognized for having made a significant contribution to the internationalization of Miami and its reputation as a global business, trade and vacation hub.

A pioneer in many areas, Mr. Defortuna can be credited for being of the first Miami developers to align with international “starchitects” to bring his vision to fruition. Fortune International Group has worked with the very best in the world including Herzog & De Meuron, Pierre Yves Rochon, Michele Bonan, Arquitectonica, Carlos Ott and others.

According to Mr. Defortuna, “the keys to successful residential real estate development include market knowledge, construction experience and access to plenty of capital. Equally important are ambition and reputation.”

Shahab S. Karmely, Founder, KAR Properties LLC

Photo Credit: KAR Properties LLC

With 35 years of international real estate experience, Shahab S. Karmely has honed an impressive pedigree in transactional, managerial, and developmental disciplines. These, combined with an extensive background in fine arts and design, are the foundational elements of his development expertise and overall vision. As the founder of KAR Properties LLC, and through KAR and/or its affiliates, Mr. Karmely has acquired, repositioned, and monetized over 3 million square feet of office, luxury mixed-use, and industrial space in the US, Southeast Asia, and Europe. With offices in New York and Miami, KAR currently oversees the management of a core portfolio of assets and a development pipeline in excess of 5 million square feet.

KAR has made a significant entry into the Miami market with acquisitions and investments in excess of $300 million in established and emerging neighborhoods. Mr.Karmely’s background as a developer/owner/manager gives him a unique perspective and invaluable insights in analyzing and implementing the appropriate strategies for a variety of asset classes. He champions innovative and inventive approaches in response to changing market conditions, trends, and new opportunities as is required in today’s dynamic and challenging real estate markets.

Marcelo Kingston, Managing Partner, Multiplan Real Estate Asset Management (REAM)

Photo Credit: Multiplan Real Estate Asset Management

Marcelo Kingston, Managing Partner of Multiplan Real Estate Asset Management (REAM), has more than 20 years of experience in the real estate development and financial sectors throughout the United States and Brazil.

Under Mr. Kingston’s oversight, Multiplan REAM--founded by José Isaac Peres, the internationally-recognized Brazilian developer, and owner of major residential and commercial real estate holdings--is currently developing 57 Ocean, a new, ultra-luxury wellness-inspired oceanfront condominium in Miami Beach. Designed by globally-acclaimed Miami-based firm Arquitectonica, the enclave will feature a limited collection of 81 residences in a one-of-a-kind, elegant and high-profile boutique residential building with luxury amenities.

Mr. Kingston is also the founder and former CEO of PatioMix Shopping Centers, a fully-integrated Brazilian mall company with development, construction, leasing and management capabilities. Active in the industry, as well as his surrounding community, he is a member of the ULI Florida Multifamily Product Council, the Key Biscayne Village Educational Advisory Board, and the Key Biscayne K-8 Educational Excellence School Advisory Council.

Mr. Kingston holds a BA in Finance from Louisiana State University, a Master of Design from the Illinois Institute of Technology, and an MBA from the Stanford Graduate School of Business.

Daniel Kodsi, CEO, Royal Palm Companies

Photo Credit: Royal Palm Companies

Photo Credit: Optimum Development USA

Ricardo Tabet is the co-founder and CEO of Optimum Development USA LLC, a fully integrated real estate and development investment firm with offices in the U.S. and Europe. An accomplished professional with more than 22 years of experience in the real estate industry, Mr. Tabet is widely regarded as a highly respected business executive and successful residential and commercial developer.

Curating, creating and delivering unique, exclusive lifestyle and architecturally distinctive properties, Mr. Tabet specializes in developing ultra-luxury condominiums, high-end retail, strategically located lifestyle boutique hotels and “Class A” office buildings in prime locations throughout the world. Among the company’s most notable recent projects are The Celino Hotel in Miami Beach, a Small Luxury Hotels of the World brand; 160 Imlay in Brooklyn, a luxury residential condominium conversion that was formerly the New York Dock Co.; Labels Berlin 1 and 2 in Germany; and the Exchange Palace in Budapest, a mixed-use project being developed in one of the most renowned buildings in Europe that formerly housed the country’s stock exchange.

As a former senior executive of several large national and international investments firms, Mr. Tabet has been involved in more than $4 billion in real estate transaction deals and has led the acquisitions, repositions and development of major real estate assets in the Middle East, Europe, the United States, and South America. He has also acted as an exclusive representative and real estate investment advisor to many institutions, foreign investment banks, and family wealth management offices.

Mr. Tabet earned his bachelor’s degree in finance and hotel administration from the University of Nevada, Las Vegas and his Master in Business Administration from Harvard Business School.

Eric Fordin, Vice President, The Related Group

Photo Credit: The Related Group

Eric Fordin is a Vice President at The Related Group. His commercial real estate experience spans more than 21 years, with specialization in the acquisition, entitlement, development, financing, sales, and marketing of multifamily and mixed use development projects. 

Since joining Related in 2004, Mr. Fordin has been involved in the development, from concept through construction completion, of over 2,000 units with a value in excess of $3 billion. These projects include the Residences by Armani Casa, Hyde Resort & Residences, Apogee Beach, Beachwalk Resort & Residences, Hyde Beach House, Loft and Loft 2.  

His oversight includes the negotiation of land acquisition and partnership agreements, development budget creation and project fiscal responsibility along with the overall management of the development process including overseeing the team of consultants including general contractors, architects, engineers and designers in the realization of The Related Group projects. 

After earning a bachelor’s degree in sociology from the University of South Florida, Mr. Fordin attended New York University where he completed real estate-related courses in project management, cash flow analysis, and construction essentials for owners and developers. 

Full Schedule of Events at Haute Residence 2020 Luxury Miami Real Estate Summit:

11:00am – 11:30am: Welcome and Registration

11:45am – 1:15pm: Titans of Miami – “East Coast Kings”

Masters of the Miami skyline sound off on where they see the luxury market heading and its evolution.

Developer Panelists: Gil Dezer, Louis Birdman, Dan Kodsi, Shahab Karmely, Marcelo Kingston, Edgardo Defortuna, Ricardo Tabet, Eric Fordin

1:15pm – 1:30pm: Jumbo Loan King

Eric Fessler, expert entrepreneur, has over 30 years of mortgage banking experience closing over $10 billion. Fessler discusses the procurement of jumbo loans in single-family homes along with warranty and non-warranty new condominium developments on a nationwide scale.

1:30pm – 2:30pm: Lunch – Residences by Armani/Casa

Network with the greatest minds of development and brokerage in the luxury real estate market.

2:45pm – 3:45pm: International Power Brokers Panel

Top broker/agents from key international real estate meccas such as Miami Beach, Los Angeles, New York City and Cayman Islands sound off on the latest in market conditions and development.

Panelists: Dolly Lenz and Jenny Lenz (NYC), Mary Ann Osborn (LA), Richard Steinberg (NYC), Cody Vichinsky (NYC) Olivia Hsu Decker (San Francisco) Jay Parker (Miami), Ben Bacal (Hollywood Hills), Michael Goldstein (Miami), Sue Nickason (Cayman Islands)

4:00pm – 5:00pm: Miami Power Brokers

Top South Florida brokers share their knowledge on the evolution and direction of the luxury market today.

Panelists: Jill Eber, Maria Eugenia Alvarez Vitale, Jeff Miller, Lourdes Alatriste, Steve Solomon, Crista Ryan, Sebastian Tettamanti, Christian Martinez

5:00pm: Summit Closing Remarks

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