Waldorf Astoria Pompano Beach Breaks Ground with 70% Sold



The First Standalone Residential Property in Waldorf Astoria’s More Than 100-Year History is Set for a 2027 Delivery
POMPANO BEACH, FL (April 16, 2025) – Leading real estate developers Related Group (Related) and Merrimac Ventures, alongside hospitality leader Hilton (NYSE: HLT), today celebrated the groundbreaking for the Waldorf Astoria Residences Pompano Beach (The Residences). The landmark development – Waldorf Astoria’s first-ever standalone residential project and its debut in Broward County – is now more than 70 percent sold.
Nestled on a coveted two-acre oceanfront site, The Residences will feature 92 exclusive condominium homes. The property pulls back the curtain on Pompano Beach as a hidden gem among luxury destinations, offering world-class design spearheaded by Nichols Architects in collaboration with KORA, BAMO and Enea Landscape; and a comprehensive suite of resort-inspired amenities and services, meticulously managed by Waldorf Astoria.
“This groundbreaking marks a major milestone, not only for our project but also in Pompano Beach’s emergence as the region’s next premier luxury destination,” said Nick Pérez, President of Related’s Condominium Division. “Pompano Beach’s transformation results from years of thoughtful private development and public investment. Our vision extends beyond The Residences, to shaping a community that blends understated sophistication with a deep connection to its coastal surroundings.”
Life at The Residences is seamlessly connected to the ocean, with residents enjoying exclusive access to 200 linear feet of pristine beachfront and a private marina with nearly two dozen boat slips. The 20,000-square-foot oceanfront pool deck epitomizes the property’s waterfront lifestyle, enhanced by a private spa, an outdoor bar and dining lounge, and summer kitchens. Beyond its stunning outdoor spaces, The Residences boasts more than 15,000 square feet of curated indoor amenities and an extensive list of resident services.
Wellness-focused offerings include a state-of-the-art fitness center and a dedicated movement studio, as well as an on-site spa with private treatment rooms and His and Her sauna and steam rooms. For entertainment and leisure, the property features a ground-floor dining concept, a billiards lounge, a children’s entertainment center and a multi-sport simulator.
“As Hilton continues to expand its residential portfolio, we are honored to partner in bringing Waldorf Astoria’s first-ever branded residences to life,” said Jonathan Wingo, global head of residential programs at Hilton. “By combining Waldorf Astoria’s legacy of excellence with our deep expertise in world-class service and hospitality, The Residences redefine private homeownership and set a new benchmark for luxury condominium living.”
Delivering the legendary Waldorf Astoria experience, the property’s signature 24/7 resident services include in-residence dining, personalized concierge, and dedicated beach and poolside service. The property will also showcase an array of museum-quality artwork from the renowned Jorge M. Pérez Contemporary Art Collection.
“Our family has controlled this standout site for over a decade, and always knew it deserved something truly extraordinary,” said Dev Motwani, CEO of Merrimac Ventures. “As we break ground, I’m proud to say we’re honoring that vision, offering an unparalleled lifestyle backed by the legendary Waldorf Astoria. It’s been incredible to see the market’s reception, with buyers helping us cross the 70-percent mark in such a short period.”
The 28-story tower comprises homes ranging from two to five bedrooms spanning 2,100 to 6,100 square feet. Each residence boasts private elevator access, floor-to-ceiling windows and oversized balconies with panoramic Atlantic Ocean and Intracoastal Waterway views.
For those looking for an even more elevated lifestyle, The Residences offers four masterfully designed penthouse residences ranging from $16 million to $20 million. These expansive homes embody the ultimate in coastal living, with 70 linear feet of uninterrupted ocean views and wraparound terraces that showcase panoramic vistas of the ocean, Intracoastal Waterway and the vibrant Pompano Beach skyline. The two upper penthouses, perched on the 27th and 28th floors, feature sweeping 3,200- to 3,500-square-foot rooftop terraces, complete with air-conditioned entertainment spaces, summer kitchens and private pools.
Only select homes remain available at Waldorf Astoria Residences Pompano Beach. For more information or to visit the sales gallery, please call 754-202-0992 or visit waldorfastoriaresidencespompanobeach.com.
###
About Related Group
Established in 1979, Related Group is Florida’s leading developer of sophisticated metropolitan living and one of the country’s largest real estate conglomerates. Since its inception over 40 years ago, the company has built, rehabilitated, and managed over 120,000 condominium, rental, and commercial units. The firm is one of the largest privately owned businesses in the United States with a development portfolio worth more than $40 billion. Currently, Related Group has 90+ projects in varying phases of development.
The company has earned international status for its visionary designs and development of luxury condominiums, market-rate rentals, mixed-use centers, and affordable properties – all built with the goal of positively impacting neighborhoods and improving quality of life across all demographics. Related Group has redefined real estate by diversifying both its products and buyers, expanding internationally while also sponsoring public art installations that enhance cities’ global culture and streetscapes. For more information, please visit relatedgroup.com.
About Merrimac Ventures
Merrimac Ventures is a real estate investment and development firm located in Fort Lauderdale, Florida. Its primary focus is on prime resort and mixed-use development but also has extensive investments in multi-family residential, condominiums, retail and office. While Merrimac Ventures began its journey in South Florida, it has substantially expanded its holdings into a national footprint. Partners in Merrimac Ventures are currently involved in over $3 billion in real estate development projects, which are transformational, building communities and advancing cities. To learn more visit https://merrimacventures.com.
About Waldorf Astoria Hotels & Resorts
Waldorf Astoria Hotels & Resorts is an award-winning portfolio of 34 iconic properties, each embodying a distinct sense of place through sincerely elegant service, one-of-a-kind experiences, and culinary mastery in landmark destinations around the world. In Spring 2025, the highly anticipated reopening of Waldorf Astoria New York will mark a defining moment for the brand–reintroducing a legend while ushering in a new era of luxury. Inspired by their timeless environments, Waldorf Astoria hotels deliver an effortless experience seamlessly, creating a true sense of place for guests through stunning architecture, the famous Peacock Alley, refined art collections, Michelin-starred dining and elevated in-room amenities. In addition to the brand’s world-class hotel offerings, Waldorf Astoria boasts a global residential portfolio that provides the comfort of a private home combined with unsurpassed amenities and high-touch service. Waldorf Astoria is part of Hilton, a leading global hospitality company. Experience an unforgettable stay at Waldorf Astoria Hotels & Resorts by booking at waldorfastoria.com or through the industry-leading Hilton Honors app. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits. Learn more about Waldorf Astoria Hotels & Resorts at stories.hilton.com/waldorfastoria, and follow the brand on X and Instagram.