Downtown Miami is an urban city center. The neighborhood is divided by the Miami River and is bordered by Brickell to the South, and upcoming areas as Midtown, Edgewater, and Wynwood to the north. Locally known as Downtown, the area is a cultural, financial, and commercial center of South Florida, tracing its present-day history back to the 19th century. Greater
Downtown is home to museums, parks, banks, and company headquarters and it is the home of the famous Freedom Tower. In recent years, Downtown Miami has grown and physically expanded to become the fastest-growing area in Miami, with rapid increase in population and the greatest concentration of high-rises, cutting-edge building designs, and new developments.
A few of the ultra-high-end luxury condominiums in Downtown include One Thousand Museum, Paramount Miami, 900 Biscayne, and 50 Biscayne. The talk-of-the-town is the spectacular Waldorf Astoria, a pre-construction opportunity with one hundred stories and white glove service.