Swire Properties recently demolished the former Mandarin Oriental Hotel on Brickell Key.\u00a0In its\u00a0place, the developer will construct the Residences at Mandarin Oriental, Miami, an ultra-luxury\u00a0twin-tower\u00a0property with private residences and a new hotel.\u00a0<\/p>\n
So far,\u00a0Swire has sold\u00a0$1.3 billion<\/a>\u00a0of the units\u00a0ahead of groundbreaking,\u00a0including March\u2019s\u00a0record-breaking dual penthouse<\/a>\u00a0sales totaling $100 million.\u00a0Units in the\u00a0project\u2019s\u00a0South Tower start at $6.6 million, while North Tower homes begin at $3.9 million.\u00a0<\/p>\n The controlled-implosion of the 23-story hotel and its adjacent six-story parking structure took place in\u00a0only a few\u00a0seconds on April 12. Crews will now begin removing debris in a process that will last up to six months.\u00a0 Groundbreaking\u00a0is expected to\u00a0take place\u00a0later this year, with construction expected to last four years\u00a0and\u00a0delivery\u00a0in 2030.\u00a0<\/p>\n \u201cMandarin Oriental has been a defining part of Brickell Key for more than two decades, and the brand\u2019s legacy will live on with the development of two towers set to transform residential living and hospitality in Miami,\u201d Swire President Dave Martin said. \u201cWith demolition now behind us, our team is eager to get going with vertical construction as we entertain buyers from across the U.S. and around the world.\u201d\u00a0<\/p>\n The Residences at Mandarin Oriental, Miami, which will\u00a0offer\u00a0228 private\u00a0condominiums in the\u00a066-story\u00a0South Tower and 70 private residences, 28 hotel collection residences and what is\u00a0planned to\u00a0be Mandarin Oriental\u2019s\u00a0new North America flagship hotel with 121\u00a0rooms in the\u00a034-story\u00a0North Tower.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Swire Properties recently demolished the former Mandarin Oriental Hotel on Brickell Key.\u00a0In its\u00a0place, the developer will construct the…\n","protected":false},"author":2,"featured_media":243881,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[123,125,124],"class_list":["post-243880","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-miami","tag-miami-headlines","tag-miami-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/243880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=243880"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/243880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/243881"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=243880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=243880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=243880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}