Delano Residences Miami: PMG’s Second Downtown Supertall

Downtown’s Second Supertall, and the First Delano Anywhere

Miami already has one supertall going up on Biscayne Boulevard. Now it has two. Delano Residences Miami is planned for the lot right next to PMG’s Waldorf Astoria Hotel & Residences, a 90-story tower that will carry the Delano name into residential real estate for the first time anywhere in the world. If the Waldorf Astoria site convinced you Downtown is building at a different scale than the rest of the city, this is the building that confirms it.

I follow every major pre-construction launch in Downtown, Brickell, and Edgewater for my clients. A second supertall going up one block from the first, from the same developer, with sales already open, is exactly the kind of project worth a serious look before the early pricing moves. Let’s talk if it’s on your radar.

About the Development

Delano Residences Miami is being developed by PMG (Property Markets Group), the same team behind the neighboring Waldorf Astoria tower, in partnership with Ennismore, the hospitality group behind the Delano brand. It’s the first-ever Delano-branded residential building, taking a name known for decades at the Delano Miami Beach hotel and putting it on a Downtown high-rise for the first time. The design team includes architect Carlos Ott and CUBE 3, with interiors by Meyer Davis. The tower is reported at 90 stories and just over the 984-foot threshold that defines a supertall building. PMG Residential is handling sales in-house, and the launch opened in spring 2026 with 421 residences, in layouts from studios up to three bedrooms. Ryan Shear of PMG has said the building will likely take about five years to complete once construction starts in earnest.

Location and Neighborhood

The site sits at 400 Biscayne Boulevard, a 1.2-acre parcel one block from the Waldorf Astoria site, right in the heart of Downtown’s Biscayne corridor. You’re a short walk from Maurice A. Ferre Park, the Pérez Art Museum Miami, and the Adrienne Arsht Center, and the free Metromover and Brightline’s MiamiCentral station are close enough to use without a car. If you want the wider picture of what it’s actually like to live in this part of the city, I wrote a full Downtown Miami neighborhood guide covering the different pockets of the district and how it compares to Brickell and Edgewater.

The Residences and Amenities

Interiors are planned with Italkraft custom kitchen cabinetry, Sub-Zero and Wolf appliances, Waterworks bathroom fixtures, and fully built-out closets, with smart home systems throughout. Some residences are reported to include a deeded, glass-enclosed private office suite, fully furnished, a feature that’s shown up at a few other Downtown and Brickell towers this cycle for buyers who work from home part of the time.

The amenity program leans into the Delano name. There’s a public observation deck, reported as the first of its kind in Miami, a cantilevered glass floor roughly 850 feet up with views out over Downtown and the Atlantic. Above that sits a Sky Pool around 800 feet in the air, plus a wraparound resort-style pool deck lower in the building. The Delano Rose Bar, reimagined from the original Miami Beach hotel, and Cafe Delano, an all-day restaurant, handle food and drink, alongside a members’ club with its own cultural programming. Wellness is branded as The Source by Delano: treatment rooms, sauna, steam room, cold plunge, and a fitness center with a dedicated movement studio.

I keep pricing and exact floor plans off this page on purpose. Both move as a launch progresses, and I’d rather send you what’s accurate the day you ask than what was accurate at announcement. Tell me your budget and what you’re looking for and I’ll get you current numbers directly, along with access to whatever release phase is open.

Who This Building Is For

A brand-first supertall like this tends to draw buyers who want the name and the amenity program as much as the address, alongside investors betting on Downtown’s trajectory the way early buyers did in Brickell a decade ago. The studio-to-three-bedroom range also means it works for a solo pied-a-terre buyer and a family buying a primary residence, not just one type of buyer.

Buying at Delano, Especially From Abroad

Many of the buyers I place in Downtown’s new towers live outside the United States, and that’s the core of what I do. I work with clients in English, French, and Spanish, and I help international buyers put the full picture together: the financing paths available to non-residents, how you might want to hold the property, and introductions to the attorneys and CPAs who handle the tax and structuring side properly. You don’t need to be a US citizen or resident to buy here. My complete guide for foreign buyers of Miami real estate is a good place to start, and my Downtown pre-construction agent page covers this corridor in full, including Waldorf Astoria Residences Miami next door and 14 ROC Miami a few blocks north.

Let’s Talk About Delano

If a second Downtown supertall, this one carrying the Delano name, is on your list, reach out and I’ll give you a straight read on where the building actually stands, what the current release phase looks like, and whether this tower, Waldorf Astoria next door, or something in Brickell or Edgewater fits what you’re trying to do better.

Call or WhatsApp me at (786) 238-0927, or email julien@luxemiamirealty.com. I’d be glad to help.

Julien Drieu, Luxe Miami Realty