A New 90-Story Supertall Is Set to Transform Miami’s Skyline

The newly announced Delano Residences Miami may be the clearest signal yet that South Florida is entering a new era—a vertical one.

The national developer PMG and the lifestyle hospitality company Ennismore have unveiled plans for the first-ever residential skyscraper under the Delano brand, a gleaming 90-story supertall slated to rise in downtown Miami alongside the Waldorf Astoria Hotel & Residences. With 421 homes, sweeping Atlantic Ocean and Biscayne Bay views, and an observation deck soaring roughly 850 feet above the city, the project underscores how Magic City is rapidly embracing the kind of skyline-defining architecture once reserved for global capitals like New York or Dubai.

“There wasn’t one single defining moment,” Ryan Shear, managing partner at PMG, tells Robb Report of Miami’s emergence as a supertall market. “We were seeing a significant influx of high-net-worth individuals moving to the city, and at the same time Miami was reaching a clear inflection point in its emergence as a global city.”

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Following the success of Waldorf Astoria Hotel & Residences Miami—the city’s first supertall—Delano Residences will become PMG’s second tower exceeding traditional height thresholds in the city and its third nationwide, alongside Manhattan’s ultra-slender 111 West 57th Street. Once underway, the firm will rank among the most prolific supertall developers in the United States.

The project also marks a pivotal evolution for Delano itself. Originally opened as an Art Deco hotel in 1947 and famously reinvented in the 1990s as a cultural epicenter that attracted figures from Madonna to Prince, the brand is now expanding into residential living for the first time. The tower will reinterpret signature spaces—including a reimagined Rose Bar—while introducing hospitality-driven amenities such as a members’ club, sky pool, and hotel-style concierge services. The New York-based design firm Meyer Davis, known for projects with Four Seasons and Auberge Resorts, will craft interiors envisioned as a “vertical resort,” blending residential privacy with immersive lifestyle programming. Crowning the building will be a $50 million penthouse.

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The Delano Residences launch, however, is about more than just a single skyscraper. It reflects a broader shift reshaping South Florida, where an influx of wealth, business, and international capital is fueling unprecedented architectural ambition. Industry observers increasingly view Miami’s building boom as structural rather than cyclical. According to Shear, today’s migration patterns reflect long-term decisions about where global wealth chooses to live and operate. “People aren’t just visiting—they’re planting roots, relocating businesses, and choosing to build their lives here,” he says.

Click here to see more photos of the South Florida supertall.