Miami, June 21 2021: The Waldorf Astoria Hotels and Residences Miami, a flagship Mohari Hospitality investment, recently opened its sales gallery to showcase this iconic mixed-use tower in Downtown Miami.
Mohari became a strategic partner and investor in the hotel development in December 2019, which is being developed with PMG, Toronto-based private equity firm Greybrook Realty Partners and global hospitality company Hilton. To showcase the Waldorf Astoria Miami Residences, an experiential sales gallery opened in downtown Miami, which featured a 24-foot scale model of the building, a full 3-bedroom model residence and a 70-foot LED wall that showcases views from every residence.
Located at 300 Biscayne Boulevard, the tower will rise 100 stories and 1,049 feet above Biscayne Bay as the tallest residential building south of New York City. Architect Carlos Ott, with the help of Sieger Suarez, designed the building to resemble a pile of unevenly stacked glass cubes. Offering 360-degree unobstructed views of Miami, the development will include a market leading luxury hotel of approximately 200 rooms and suites, private residences, retail and several culinary destinations.
In addition to the Waldorf Astoria Hotels and Residences Miami, Mohari Hospitality invests in a broad range of real estate investment activities, with emphasis on luxury hospitality in prime urban and resort markets. Mohari’s existing investments include Peninsula Papagayo, a 2,200-acre sustainable master development, located in Costa Rica’s Guanacaste province and anchored by a Four Seasons luxury resort; The Ritz-Carlton Yacht Collection, a new ultra-luxury cruise line launching in 2020; Centro Canalejas, a group of seven adjoining historical buildings in the center of Madrid, featuring the first Four Seasons branded hotel in Spain and 1 Hotel Toronto, a sustainable luxury lifestyle hotel in downtown Toronto opening in August this year.