PMG launches first Delano-branded supertall in Miami

An iconic Miami Beach hotel attached its brand to a supertall condominium that PMG is developing next door to its under-construction Waldorf Astoria Hotel & Residences. 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 966 feet, or 90 stories with 421 units. PMG’s Ryan Shear said the development will likely take about five years to complete. Supertalls are more complex construction projects and take longer to build than other kinds of developments. Shear acknowledged […]This article originally appeared on The Real Deal. Click here to read the full story.