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Bids due next week for downtown Miami site zoned for a supertall tower

Regalia on the Bay one of the last developable parcels of this scale along Biscayne Boulevard
The redevelopment site at 340 Biscayne Blvd. is up for auction. The property lies in one of the few areas in downtown Miami zoned for supertall development, with the Waldorf Astoria Hotel & Residences rising just next door. (CoStar)
The redevelopment site at 340 Biscayne Blvd. is up for auction. The property lies in one of the few areas in downtown Miami zoned for supertall development, with the Waldorf Astoria Hotel & Residences rising just next door. (CoStar)
CoStar News
December 11, 2025 | 8:45 P.M.

A development site in one of the few areas of Miami with permission to build a supertall tower has hit the auction block with bids starting at $72 million.

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