MIAMI | Residences at Mandarin Oriental | 856 & 446 FT | 66 & 33 FLOORS

[Urbannizer]

The Residences At Mandarin Oriental, Miami Achieves Two Record-Setting Penthouse Sales Totaling Nearly $100 Million

Swire Properties has announced the sale of the two uppermost penthouses at The Residences at Mandarin Oriental, Miami, a two-tower branded residential and hospitality development planned for Brickell Key in Miami. Each penthouse sold for $49.9 million, totaling $99.8 million across the two transactions. According to Swire Properties, the deals mark the highest-priced condominium sales recorded on mainland Miami and establish a benchmark of approximately $6,300 per square foot. The development is designed by Kohn Pedersen Fox, with Fortune Development Sales exclusively handling sales.

The transactions bring the project’s total sales volume to more than $1.3 billion across both towers, with more than $90 million in reported sales during February alone. Pre-development activity is said to be running ahead of schedule, with groundbreaking anticipated in late 2026.

[Urbannizer]

Swire Properties to Implode Former Mandarin Oriental, Miami on Brickell Key This Sunday

Swire Properties is scheduled to conduct the controlled implosion of the former 23-story Mandarin Oriental, Miami at 8:30 a.m. this Sunday, April 12, bringing down the hotel and its adjacent parking structure in what the developer is describing as the largest implosion event in Miami in more than a decade.

The operation follows nearly two years of planning and coordination with specialized contractors and the City of Miami. Swire said implosion was selected as the safest and most efficient demolition method after evaluation with BG Group, Controlled Demolition Inc., Moss Construction, Pepper Engineering Group, and Thornton Tomasetti in collaboration with city officials.

The developer cited worker safety, minimized disruption to Brickell Key and surrounding areas, and adherence to the construction schedule as the determining factors. The hotel, which opened in 2000 at 500 Brickell Key Drive, closed permanently on May 31, 2025. Post-implosion remarks are expected from Swire Properties President Dave Martin, Vice President of Construction Jessica Chen, and BG Group Managing Member Ivy Fradin.

[Hudson11]

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[wpolom]

The taller tower will be 850 FT tall.

[dave8721]

They applied with the FAA for 856 feet tall and it looks like 446 for the other tower

[wanderer34]

Originally Posted by wpolom

The taller tower will be 850 FT tall.

You might as well go for 1000 ft even for the taller tower, at least!