Delano Residences & Hotel Miami

Delano Residences & Hotel Miami is planned for 400 Biscayne Blvd, in the heart of Downtown Miami's waterfront corridor. The tower is designed to rise 90 floors and hold 421 units, with Carlos Ott and CUBE3 as architects and Meyer Davis handling interiors. Per the Biscayne Bay Tribune (March 2026), this marks the first branded residences to carry the Delano name — a brand built on Miami Beach for decades, now extending downtown.

The project is at planned status. Groundbreaking is targeted for June 2027, with completion targeted for 2031. No percentage-sold figure is published, and no project-specific construction lender has been identified in the record. This is early: the design team and the brand license are set, but the financing and sales-pace evidence that typically firm up a pre-construction story are not yet on file.

Units are planned to range from 311 to 1,760 square feet, covering studios through large three-bedroom layouts — a broad spread inside one tower. No price-from, price-to, or price-per-square-foot figure is published, and no neighborhood comparable band is on file, so there is nothing yet to judge pricing against.

The developer describes the residences as 'a composition of bespoke finishes, layered textures, and light-filled interiors framed by sweeping views of the city, the bay, and the Atlantic beyond.' That is the sponsor's language, not an independent verification of finish level — but the unit mix itself, spanning small studios to large family-sized layouts, is concrete and on the record.

The amenity program leans on scale and a hospitality pedigree: two restaurants including a sky restaurant, the Rose Bar, curated social lounges, and dedicated meeting and event space. Wellness gets a full floor — spa, sauna, steam, cold plunge, and treatment rooms — alongside a fitness center with movement studios. Two resort-style pools are planned, including a sky pool positioned 800 feet above the skyline, and an observation deck described as Miami's first, with 360-degree views toward Downtown, Miami Beach and the Atlantic. Select larger residences come with deeded private office suites — owned workspace, not co-working — plus access to the D Members' Club and a porte-cochère arrival.

The address sits in Downtown Miami's prime waterfront corridor, which anchors the location score at a strong baseline. One thing to watch: the Waldorf Astoria Hotel & Residences, under construction to the southwest at 100 floors and roughly 1,049 feet, targeted for 2027, is cited as having a partial impact on sightlines from Delano. The neighborhood itself continues to densify — this is a corridor in the middle of a supertall building cycle, not a settled skyline.

Property Markets Group, founded in 1991 and based in Miami, has delivered four Miami-Dade condo towers to TCO: Echo Aventura (2015), Echo Brickell (2017), Muse in Sunny Isles Beach (2017), and Mei Miami Beach (2008), plus The Elser Hotel & Residences downtown (2022). That is a genuine, multi-decade local delivery record, and it underpins the Delano brand license the sponsor secured for this site — described by the brand as extending 'a legacy of authentic hospitality, cultural relevance and exceptional design into the residential experience.'

No capital partners are listed for this project in the record, and no construction lender has been identified. The developer score on this project sits at 6 — a real track record, but not the clean sheet reserved for the top tier of established sponsors; the specifics behind that gap sit on this page's filings panel, not in this report.

The deposit structure front-loads meaningfully ahead of a 2031 close: 10% at contract, 10% in October 2026, 10% at groundbreaking (targeted June 2027), 10% one year after groundbreaking, and the 60% balance at closing. That is 40% of the purchase price due before the building closes. Florida statute guarantees escrow only on the first 10%; escrow treatment of the remaining 30% collected before closing is not published, and buyers should ask for it directly.

Rental policy is not published. No litigation naming this specific project appears in the record.

This is a seven-category picture with one gap. Value can't be scored — no price, no per-square-foot figure, no neighborhood band exists yet to test it against. Delivery sits at 4: planned status, no recorded lender, groundbreaking still 18+ months out. Buyer protection also sits at 4, driven by the same planned-stage, no-financing position plus the unpublished escrow terms on 30% of pre-closing deposits. Location scores 6 — a strong downtown waterfront address, marked down one point for the Waldorf Astoria's cited partial view impact nearby. Developer sits at 6, reflecting real delivery experience weighed against a pattern the filings panel details, not this page. Liquidity is the strongest line at 8 — a recognized brand, a wide unit-size spread, and a deep resale market downtown. Market momentum lands at 7: brand and sponsor recognition, but no sales-pace or loan data yet to push it higher.

This suits a buyer making a brand-and-location bet on a long horizon — someone comfortable committing capital through 2031 without yet knowing price, sell-through, or full escrow terms. It does not suit anyone who needs price certainty, a financed construction timeline, or near-term liquidity before committing.