Swire Properties Breaks Ground on The Residences at Mandarin Oriental, Miami on Brickell Key
Swire Properties has broken ground on The Residences at Mandarin Oriental, Miami, marking the start of construction on one of the nation’s most significant new ultra-luxury developments. Designed by world renowned, New York based architects Kohn Pedersen Fox (KPF), the project will unfold across two architecturally distinct towers on Brickell Key.
Swire Properties has broken ground on The Residences at Mandarin Oriental, Miami, marking the start of construction on one of the nation’s most significant new ultra-luxury developments. Designed by world renowned, New York based architects Kohn Pedersen Fox (KPF), the project will unfold across two architecturally distinct towers – a 33-story North Tower featuring what is poised to be Mandarin Oriental’s North American flagship hotel with 121 guest rooms, alongside 70 private residences and 28 turnkey Hotel Collection residences; and a 66-story South Tower dedicated to 228 private residences.
Advancing on schedule for delivery in 2030, The Residences at Mandarin Oriental, Miami marks Swire Properties' largest luxury residential development to date and its first branded residential development globally. The groundbreaking comes as total sales across the North and South Towers have surpassed $1.7 billion, driven largely by sustained demand from domestic buyers.
In 2026 alone, The Residences has generated more than $620 million in sales, including a record three-month summer period that delivered more than $150 million in new sales, underscoring continued buyer engagement during a season when luxury residential activity often moderates. The North Tower has reached 25% sold since opening the Signature Gallery in May, while the South Tower is now 80% sold.
Anchored by what is destined to be Mandarin Oriental’s North American flagship hotel, The Residences at Mandarin Oriental, Miami combines private homeownership with the brand’s globally recognized standards of hospitality, wellness programming and culinary experiences. The hotel is central to the development’s value proposition, ensuring that the residential experience is continuously elevated by Mandarin Oriental’s signature service culture and dedicated colleagues.
"Breaking ground on The Residences at Mandarin Oriental, Miami marks another important milestone in Swire Properties' long-term vision for Brickell Key," said Tim Blackburn, Chief Executive of Swire Properties. “Our strong sales momentum reflects the project’s differentiated value in South Florida’s competitive luxury market—driven by its prime waterfront location, the development team’s track record, the global brand recognition of Mandarin Oriental, and world-class design partners.”
Earlier this year, the project’s two crown penthouses sold to separate buyers for $49.9 million each, totaling nearly $100 million and establishing mainland Miami records for both condominium sale price and price per square foot, at approximately $6,300.
Set on Brickell Key, the exclusive 44-acre island enclave combines waterfront privacy, panoramic views and immediate access to Brickell and downtown Miami. Beginning with the evolution of Brickell Key continuing through the development of Brickell City Centre, the company has maintained a long-term vision for placemaking at scale. The groundbreaking comes less than six months after the controlled demolition of the former Mandarin Oriental, Miami hotel, which paved the way for the waterfront site's next chapter.
“This groundbreaking marks an exciting new chapter for Mandarin Oriental and our return to Brickell Key,” said Laurent Kleitman, Group Chief Executive of Mandarin Oriental. “Our ambition is to create an exceptional hotel and residences that bring together memorable experiences, outstanding craftsmanship and the legendary service that defines Mandarin Oriental. Today marks an important step in bringing that vision to life and creating an enduring connection with Miami and its community.”
The project also brings together a globally acclaimed design team. Private residences in the North Tower are imagined by renowned AD100 designer Laura Gonzalez, defined by warmth, craftsmanship and richly layered detailing. The South Tower’s interiors are envisioned by acclaimed AD100 designer Tristan Auer, whose modern vision redefines contemporary luxury through a timeless, sophisticated approach deeply attuned to the residential experience. Landscape architecture by Thailand-based SHMA brings a lush, nature-driven vision to the development’s outdoor spaces, creating a seamless connection between the residences, amenities and waterfront setting.
Designed to embrace seamless indoor-outdoor living, residences in the North Tower range from two- to four-bedrooms while residences in the South Tower range from two- to five-bedrooms – all featuring expansive living spaces framed by floor-to-ceiling glass sliding doors and thoughtfully oriented to capture sweeping views of the ocean, Biscayne Bay and the Miami skyline. Private elevators and entry lobbies provide an added sense of arrival and privacy. Kitchens feature custom Italian cabinetry, state of-the-art appliances and natural stone countertops, while bathrooms are appointed with marble flooring, natural stone vanities and private water closets in each primary suite.
Seamlessly connecting the North and South Towers is a 100,000-square-foot, multi-tiered, resort-style amenity podium serviced by Mandarin Oriental Hotel Group and defined by the brand’s legendary standards. The extensive amenity collection includes state-of-the-art fitness and wellness facilities, resort-style pools cascading across multiple levels with private cabanas, wellness cabanas for outdoor treatments, dining pavilions, warm and cold plunge pools, curated social lounges, a business lounge with private meeting rooms and conference suite, library and coffee bar, a multi-use sports court, game room with billiards and indoor golf simulator, private screening lounge and dedicated children’s club. Residents of the North Tower will also enjoy privileged access and connectivity to Mandarin Oriental, Miami, including the brand’s signature spa and waterfront dining, along with 24/7 personalized services provided by a dedicated Mandarin Oriental residential team.
Pricing for the remaining South Tower residences begins at $7 million, with remaining North Tower residences starting at $4 million. Fortune Development Sales is exclusively managing sales for The Residences at Mandarin Oriental, Miami.
Event images via Alain Martinez, renderings via RMOMIA, tower rendering via Binyan Studios
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Swire Properties Implodes Mandarin Oriental Hotel on Brickell Key Paving The Way For The Residences at Mandarin Oriental, Miami
Miami’s Brickell Key is entering a new era with The Residences at Mandarin Oriental, Miami, an ultra-luxury development comprising private residences and a new hotel, following the successful demolition of the building that housed the city’s former Mandarin Oriental Hotel.
Miami’s Brickell Key is entering a new era with The Residences at Mandarin Oriental, Miami, an ultra-luxury development comprising private residences and a new hotel, following the successful demolition of the building that housed the city’s former Mandarin Oriental Hotel. The milestone marks a significant step forward for the new development, which has achieved $1.3 billion in residential sales – including last month’s record-breaking dual penthouse sales totaling $100 million – ahead of groundbreaking later this year.
“Mandarin Oriental has been a defining part of Brickell Key for more than two decades, and the brand’s legacy will live on with the development of two towers set to transform residential living and hospitality in Miami,” said Dave Martin, President of Swire Properties. “With 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.”
The controlled-implosion of the 23-story hotel and its adjacent six-story parking structure took place in a matter of seconds on the morning of Sunday, April 12th, clearing the site for The Residences at Mandarin Oriental, Miami, which will feature 228 private residences in the South Tower and 70 private residences, 28 turnkey hotel collection residences, and what is destined to be the brand’s new North America flagship hotel with 121 keys in the North Tower.
The existing structure came down in a controlled manner as part of a carefully orchestrated demolition process that required nearly two years of planning and coordination among specialized experts – including The BG Group LLC, Controlled Demolition Inc., and Moss Construction – working in collaboration with the City of Miami.
See PROFILEmiami video coverage of the implosion:
At the start of 2025, Swire Properties launched a comprehensive community outreach and safety initiative to support the implosion process. This included more than 30 meetings with Brickell Key residents and the broader Brickell community, distribution of protective materials to neighboring buildings, and detailed safety guidance for nearby residential, commercial, and restaurant operators. On-site measures included the installation of perimeter container walls and temporary barges, as well as the deployment of vibration and air quality monitors across Brickell Key. In addition, Swire and its team of experts conducted a pre-implosion survey of Biscayne Bay, which will be compared against post-implosion findings to ensure the marine environment remains unaffected.
Crews will now undertake a debris removal process from the site that will last up to six months, with material set to be cleared from the site in a tightly choreographed manner. Preparations for groundbreaking are underway, with the groundbreaking ceremony expected to take place later this year. Construction is expected to last approximately four years, with delivery anticipated in 2030.
Renderings via RMOMIA, Tower Rendering via Binyan Studios
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Swire Properties' The Residences at Mandarin Oriental, Miami Completes Two Record-Setting Penthouse Sales Totaling Nearly $100 Million
Swire Properties has announced the sale of its two crown jewel penthouses at The Residences at Mandarin Oriental, Miami, each at a record setting $49.9 million. Sold to separate buyers within two weeks of each other, the nearly $100 million in combined sales – approximately $6,300 per sq. ft. – mark the highest-priced condominium transactions in mainland Miami history.
Swire Properties has announced the sale of its two crown jewel penthouses at The Residences at Mandarin Oriental, Miami, each at a record setting $49.9 million. Sold to separate buyers within two weeks of each other, the nearly $100 million in combined sales – approximately $6,300 per sq. ft. – mark the highest-priced condominium transactions in mainland Miami history and underscore sustained demand for the world-class enclave.
With these transactions, The Residences at Mandarin Oriental, Miami has surpassed $1.3 billion in total sales across its two towers, with February alone generating more than $90 million in sales. Pre-development work remains ahead of schedule, with groundbreaking anticipated in late 2026
“The record-setting sales of our two penthouses are a defining moment for The Residences at Mandarin Oriental, Miami and a testament to the enduring confidence in Swire Properties’ legacy on Brickell Key,” said Dave Martin, incoming President of Swire Properties Inc. “Setting a new benchmark for ultra-luxury living with the highest price per square foot ever achieved in mainland Miami, these sales affirm Miami’s status as a global destination and the strength of the Mandarin Oriental brand among discerning buyers who value timeless elegance and world-class service.”
Two penthouse sales prior to groundbreaking are an extraordinary achievement in the luxury residential market, affirming the enduring appeal and unmatched stature of The Residences at Mandarin Oriental, Miami. The milestone reflects buyers’ confidence not only in the enduring prestige of the Mandarin Oriental brand and Swire Properties’ proven track record, but also in the vision of the project’s world-class design team, whose architectural, interior and landscaping expertise has resonated with the most sophisticated audience.
Located on Brickell Key, the exclusive island enclave developed by Swire Properties in the heart of Miami, each two-story penthouse encompasses nearly 8,000 square feet of interior living space atop the development’s 66-story South Tower. Combining the scale and privacy of a standalone estate with the service and ease of resort living, each residence features an expansive rooftop terrace integrated into its bi-level design, complete with a private lap pool, built-in bar, and panoramic views spanning Biscayne Bay, the Atlantic Ocean, and the Miami skyline.
Each penthouse includes five bedrooms, seven bathrooms, three powder rooms, and a library. Private elevators open into a grand entry foyer and expansive entertaining spaces. A gourmet Molteni&C kitchen with Gaggenau appliances is complemented by a separate chef’s kitchen. Additional features include a wine bar, sauna, staff quarters, and private storage adjacent to the residence.
“These milestone sales mark a significant moment for The Residences at Mandarin Oriental, Miami and reflect the extraordinary success the project has achieved since launch,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The sale of both penthouses speaks to the strong global demand for exceptional branded residences and highlights the momentum this landmark project continues to generate, not only in Miami, but across the new construction market.”
These penthouse sales are the latest signal that affluent buyers continue to gravitate toward Miami and South Florida. In 2025, the region’s ultra-luxury segment recorded one of its strongest years ever, with closings above $10 million reaching the second-highest total on record, according to the MIAMI Association of Realtors. Early 2026 activity indicates heightened demand from buyers relocating from high-tax states such as California and New York – with these dual penthouse transactions serving as a clear indicator of that sustained momentum.
Designed by globally renowned architecture firm Kohn Pedersen Fox (KPF), The Residences at Mandarin Oriental, Miami unfolds across two distinct towers. The 66-story South Tower is dedicated to 228 private residences, while the 33-story North Tower introduces 70 private residences, 28 turnkey Hotel Collection residences, and 121 hotel guest rooms – seamlessly integrating residential ownership with Mandarin Oriental’s signature hospitality.
The South Tower’s amenities and common spaces are envisioned by acclaimed Parisian designer Tristan Auer, bringing a refined, hospitality-driven sensibility to shared environments. The North Tower’s private residences are imagined by AD100 designer Laura Gonzalez, defined by warmth, craftsmanship, and richly layered detailing. Together, the interiors reflect the project’s dual-tower composition – each with its own character, unified by a shared standard of design excellence.
Floorplans range from two- to five-bedroom residences in the South Tower, while the North Tower offers two- to four-bedroom private residences alongside turnkey Hotel Collection residences. Homes are defined by floor-to-ceiling glass sliding doors, private elevators and entry lobbies, and expansive living areas that blur the line between indoor and outdoor living – all thoughtfully oriented to capture sweeping vistas of the ocean, bay and city skyline. Kitchens feature custom Italian cabinetry, state-of-the-art appliances, and natural stone countertops, while bathrooms are appointed with marble flooring, natural stone vanities, and private water closets in each primary suite. Optional infrared saunas are available in select residences.
Seamlessly connecting the North and South Towers is a 100,000-square-foot, multi-tiered, resort-style amenity podium serviced by Mandarin Oriental Hotel Group and defined by the brand’s legendary standards. Conceptualized by Thailand-based landscape architect SHMA, the lushly landscaped podium includes an immersive forest walk woven through verdant gardens.
The amenity collection includes two state-of-the-art fitness centers, 11 resort-style pools cascading across multiple levels with private cabanas, wellness cabanas for outdoor treatments, and dining pavilions with outdoor grills. Residents also enjoy warm and cold plunge pools, curated social lounges, a business lounge with private meeting rooms and conference suite, library and coffee bar, a multi-use sports court, game room with billiards and indoor golf simulator, private screening lounge, and a dedicated children’s club. Within the hotel, residents have access to Mandarin Oriental’s award-winning signature spa, globally recognized for treatments blending ancient healing traditions with modern luxury.
Pricing for the remaining South Tower residences begins at $6.6 million, with North Tower Residences starting at $3.9 million. Fortune Development Sales is exclusively managing sales for The Residences at Mandarin Oriental, Miami.
Renderings via RMOMIA, Tower Rendering via Binyan Studios
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Swire Properties Launches Sales For North Tower of The Residences at Mandarin Oriental, Miami
Swire Properties, Inc. has officially launched sales of the North Tower of The Residences at Mandarin Oriental, Miami. Part of the unparalleled residential and hospitality destination that is The Residences at Mandarin Oriental, Miami, The Residences’ North Tower will feature 70 two- to four-bedroom Private Residences and what is destined to be Mandarin Oriental’s new North American flagship hotel.
Swire Properties, Inc. has officially launched sales of the North Tower of The Residences at Mandarin Oriental, Miami. Part of the unparalleled residential and hospitality destination that is The Residences at Mandarin Oriental, Miami, The Residences’ North Tower will feature 70 two- to four-bedroom Private Residences and what is destined to be Mandarin Oriental’s new North American flagship hotel. The exceptional development is scheduled for delivery in 2030. Pricing for the North Tower’s Private Residences is anticipated to begin at $3.9 million.
The North Tower also hosts Hotel Residences, comprising 28 turnkey, fully furnished one- to two-bedroom homes, which start at $3.8 million and are already 75% reserved. The launch of the North Tower Residences follows the remarkable success of the development’s South Tower, which began sales in April 2024 and is currently over 50% sold with $1.2 billion in sales. Within the last month, The Residences at Mandarin Oriental, Miami has seen an impressive $127 million in sales. Pricing for the remaining South Tower Residences starts at $6.6 million.
Within the North Tower, Private Residences are conceived by AD 100 Parisian designer Laura Gonzalez, her first new residential development in the United States. Known for her maximalist flair, Laura Gonzalez’s interiors will bring the highest level of design and elegance to Miami. Her experience spans the globe with projects that include Printemps’ first location in New York, Paris’ Saint James Hotel, and Cartier Maisons across the world. The building’s exterior is designed, like the South Tower, by renowned architect Kohn Pedersen Fox.
“Bringing the North Tower to market is a significant milestone,” said Henry Bott, President of Swire Properties. “With the tremendous buyer response we’ve seen to date on the South Tower, we’re pleased to offer a new and differentiated product for those who enjoy the convenience of the hotel lifestyle. We look forward to exceeding both buyer and market expectations and further establishing The Residences at Mandarin Oriental, Miami as the foremost ultra-luxury branded residence in Miami.”
“For The Residences at Mandarin Oriental, Miami, we sought to capture the spirit of Brickell Key. We wove in a Miami-inspired palette of blues and sands, along with organic textures and soft, curving forms. This approach aimed to infuse each home with soul, fostering joy and a true sense of belonging for every resident,” said Laura Gonzalez.
The North Tower
Rising 426 feet, the North Tower offers two distinct arrival experiences, one exclusively for hotel guests and another reserved for residents. Both entrances open into a lush, resort-inspired oasis designed by renowned Thai landscape firm SHMA, setting the tone for the indoor-outdoor lifestyle that defines The Residences. Inside, floor-to-ceiling glass windows flood each home with natural light and seamlessly connect to expansive private terraces, a hallmark of Florida living.
The 70 Private Residences are expected to feature custom Molteni&C cabinetry available in warm or cool palettes, sleek Dornbracht fixtures, state-of-the-art Gaggenau appliances, and an undercounter wine storage with capacity for up to 34 bottles that transform everyday culinary moments into elevated experiences. Spa-inspired primary bathrooms continue the sense of refinement with Dornbracht fixtures, custom vanities with backlit mirrors, and built-in storage designed for modern living.
North Tower residents will enjoy private access to an extraordinary 80,000 square feet of amenities on a multi-tiered podium, offering distinct zones for relaxation, dining, and connection. Additional North Tower exclusives are anticipated to include an Honor Bar in the lobby, as well as a 19th-level Residents’ Lounge with a chef’s kitchen and flexible private dining or meeting spaces, perfect for intimate gatherings or business needs.
Beyond the North Tower, residents are granted privileged access to the world of Mandarin Oriental, Miami. From resort and lounge pools to the iconic Spa at Mandarin Oriental and signature waterfront dining overlooking Biscayne Bay, every day offers an opportunity to unwind, celebrate, or connect, all just steps from home. Complementing these amenities is the dedicated Mandarin Oriental residential team, on hand 24/7 to provide personalized services that make life effortless and truly exceptional.
Group Chief Executive of Mandarin Oriental, Laurent Kleitman, said, “The North Tower represents a rare opportunity to own a home that unites Miami’s vibrant spirit with Mandarin Oriental’s legendary service and craftsmanship. Conceived with exceptional design and privileged access to our world of wellness, dining and cultural experiences, these residences will redefine private living on Brickell Key. For owners, it is not simply about acquiring a residence, but about embracing a way of life that is both refined and truly exceptional.”
A Legendary Offering on Brickell Key
The Residences at Mandarin Oriental, Miami combines world-class architecture with Mandarin Oriental’s legendary service on the exclusive island enclave of Brickell Key. As the culmination of Swire Properties’ decades-long legacy on Brickell Key, this landmark development offers buyers the final opportunity to own a new-construction home on this exclusive island.
Mandarin Oriental, renowned for operating more Forbes Five-Star spas than any other hotel group, will also bring its expertise in wellness to the property. Residents will have access to signature spa treatments, wellness retreats, and personalized fitness programming, complemented by amenities such as a forest yoga lawn, tea garden, saunas, hammam, wellness pool deck with cold plunge and hot tub, private cabanas, state-of-the-art fitness center, and a multi-use sports court.
The Residences’ Sales Pavilion on Brickell Key is now open for buyers seeking more information. Construction on The Residences is slated to begin in 2026, with completion anticipated in 2030. Fortune Development Sales is managing sales.
Renderings via Binyan Studios
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Swire Properties Reveals Unprecedented Exclusive Partnership With Harrods at 'The Residences at Mandarin Oriental, Miami'
Swire Properties has revealed a groundbreaking partnership with Harrods Interior Design, marking the brand’s first-ever collaboration with a residential development in the United States. This partnership brings Harrods’ renowned craftsmanship and personalized service to The Residences at Mandarin Oriental, Miami.
Swire Properties has revealed a groundbreaking partnership with Harrods Interior Design, marking the brand’s first-ever collaboration with a residential development in the United States. This partnership brings Harrods’ renowned craftsmanship and personalized service to The Residences at Mandarin Oriental, Miami, introducing bespoke design offerings unlike anything currently available in the market.
Through this partnership, each buyer at The Residences will receive a complimentary consultation with the Harrods Interior Design team. When utilizing Harrods Interior Design’s services, buyers can envision their homes with the same excellence that has defined Harrods for over 175 years. Exclusive Harrods Interior Design services encompass a fully customized vision, including planning, custom furnishings, interior styling, white-glove installation, global sourcing, and project management.
At the pinnacle of the collaboration is Harrods Interior Design's concept for The Knightsbridge Penthouse within The Residences at Mandarin Oriental, Miami’s South Tower, a one-of-a-kind opportunity for a distinguished buyer to personalize the $50 million residence with interiors imagined by Harrods Interior Design, representing the height of elegance and exclusivity.
This partnership brings together three iconic luxury brands—Swire Properties, Mandarin Oriental, and Harrods—with more than 400 years of combined global expertise. Together, they are delivering an unmatched level of sophistication and service to Miami’s Brickell Key.
A Penthouse Like No Other
The Knightsbridge Penthouse represents the most exclusive offering within the partnership between Harrods Interior Design and The Residences at Mandarin Oriental, Miami. Imagined by Harrods Interior Design, this fully customizable residence offers a unique opportunity for the buyer to shape their home at the highest level of luxury. Its name pays tribute to the heritage of refinement and international elegance, referencing London’s prestigious Knightsbridge neighborhood, home to the iconic Mandarin Oriental Hyde Park, London. Originally opened in 1902 as the Hyde Park Hotel and reimagined as Mandarin Oriental Hyde Park, London in 1996, the hotel has long been the city’s destination of choice for the royal family, dignitaries, and global tastemakers.
Every element of the vision for The Knightsbridge Penthouse features distinctive details and refined touches that combine seamlessly, creating a living showcase of craftsmanship and elevated design. The expansive four-bedroom residence is anticipated to span approximately 7,965 square feet of interior space and include multiple terraces and an outdoor pool that captures sweeping views of Biscayne Bay and downtown Miami. Luxurious materials and artistic elements are layered throughout the home, beginning with a bespoke Murano glass chandelier in the entrance foyer. Additional highlights include Taj Mahal marble flooring, richly veined travertine, and specially commissioned fixtures and artwork, including a striking metallic mosaic pool design by artist Mathilde Jonquiere.
The penthouse’s principal suite is conceived as a textured sanctuary, inspired by the serene atmosphere of a luxury yacht and opening onto a private terrace. The en-suite bathroom engages the senses, featuring a carved stone vanity, brushed nickel fixtures, and a freestanding bathtub positioned to take in the water views. Thoughtfully created “his” and “hers” dressing rooms balance function and indulgence, turning the act of getting ready into a luxurious daily ritual.
The concept also features a dedicated wellness wing offers the ultimate private retreat, including a fully outfitted home gym with PENT equipment and Swarovski crystal-accented dumbbells. An adjacent terrace features a private lap pool and an open-air shower by Sola, suspended 800 feet above the city. Additional wellness amenities include a Dornbracht feature shower in 24-karat champagne gold and a sauna with a one-of-a-kind Himalayan salt wall.
The home features expansive outdoor terraces ideal for sophisticated entertaining and gatherings under the stars, alongside a dramatic formal dining room and lounge with panoramic views. For more intimate occasions, a speakeasy-style bar provides a warm, atmospheric retreat, complete with backlit shelves to showcase rare and premium spirits. Enhancing every aspect of the living experience, the buyer will enjoy exclusive access to dedicated Mandarin Oriental residential staff, ensuring every detail is flawlessly managed and every moment at home is effortless.
Global Design Meets Miami Excellence on Brickell Key
The Residences at Mandarin Oriental, Miami comprises two towers, bringing together world-class design and the legendary service of Mandarin Oriental. The Residences’ South Tower will feature 228 residences, while the North Tower will feature the new Mandarin Oriental hotel with 121 rooms and an additional 70 private residences and 28 hotel residences set to launch sales later this year.
At The Residences at Mandarin Oriental, Miami, world-class design is paramount. Harrods' interior design team joins an impressive roster of talented designers that spans the globe, including AD 100 honorees Tristan Auer and Laura Gonzalez, who are responsible for the private residences within the South and North Towers, respectively. Harrods’ wide range of services available to The Residences’ buyers is on par with Mandarin Oriental’s legendary service, which stands at the cornerstone of The Residences and the new Mandarin Oriental, Miami hotel, set to become Mandarin Oriental’s new North American flagship. These services bring the luxury Harrods is known for to The Residences’ discerning buyers, offering sophistication and ease as they move into their new home.
“The Residences at Mandarin Oriental, Miami, are designed to provide a best-in-class luxury lifestyle. At Swire, as a company founded in the UK in 1816, we have a unique appreciation for Harrods’ brand and legacy. We are excited to bring our buyers this rare offering, allowing them to collaborate with this lauded team for the first time on a luxury development in the US,” said Henry Bott, President, Swire Properties, Inc. USA.
Led by Head of Interior Design Letitia Fitzgibbon, who has been with Harrods for 25 years, Harrods Interior Design is known for its visionary work across Europe and the U.K., from historic estates to five-star hotels. The studio brings the highest level of discretion, quality, and customization, backed by the Harrods legacy of excellence and personal service.
“The Knightsbridge Penthouse is an amazing space, and the significance of this partnership cannot be underestimated. This guided our vision to create something that honors the excellence and heritage of the brands whilst cultivating an elevated and enriched art of living for the Penthouse residents, unparalleled in Miami. Every detail has been considered, from the palette of hand-picked and carved natural stone to the exquisite private glass elevator overlooking Biscayne Bay and Miami's skyline,” said Letitia Fitzgibbon, Head of Interior Design Studio at Harrods.
Set for delivery in 2030, The Residences at Mandarin Oriental, Miami, has seen a tremendous sales response to date with $1 billion in sales and the South Tower over 50% sold. Swire Properties has been responsible for developing Brickell Key for more than 40 years, and The Residences offers discerning buyers the final opportunity to own a luxurious piece of a new development on the highly desirable island community.
Pricing for The Residences at Mandarin Oriental, Miami’s South Tower begins at $4.9 million.
Renderings via RMOMIA, Tower Rendering via Binyan Studios
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The Residences at Mandarin Oriental, Miami Hits $1 Billion In Sales at 50% Sold
The Residences at Mandarin Oriental, Miami, being developed by Swire Properties and designed by Kohn Pedersen Fox, has hit $1 billion in sales, with the South Tower now 50% sold, after launching sales last year.
The Residences at Mandarin Oriental, Miami, being developed by Swire Properties and designed by Kohn Pedersen Fox (KPF), has hit $1 billion in sales, with the South Tower now 50% sold, after launching sales last year. The Residences have seen impressive buyer response from across the globe and underscores the appeal of this one-of-a-kind offering, set on the last developable site of Miami’s prestigious Brickell Key.
Swire Properties is also giving a first look at the forthcoming Mandarin Oriental, Miami hotel, soon to become the renowned hospitality brand’s new North American flagship. The hotel will be situated in the North Tower of the development and will also feature additional Residences for sale, which will be launched later this year. The property will feature 100,000 square feet of world-class amenities spread across a lushly landscaped, multi-tiered resort-style podium, with landscapes by Thai firm Shma.
The Residences at Mandarin Oriental, Miami, combines world-class design with the legendary service of Mandarin Oriental Hotel Group and offers the final opportunity to own new development on Miami’s exclusive Brickell Key. The Residences comprise two towers designed by Kohn Pedersen Fox (KPF).
The South Tower, featuring 228 residences, includes interiors envisioned by renowned Parisian Tristan Auer. The Residences’ North Tower will house Mandarin Oriental's new North American flagship hotel along with an additional 66 private and 28 hotel residences. Fortune Development Sales is the exclusive sales and marketing agent for The Residences. Pricing for current availability starts at $4,900,000 with an anticipated completion date of 2030.
Renderings via Binyan Studios
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The Residences at Mandarin Oriental, Miami Unveils Extensive Amenities and Achieves $800 Million in Sales
The Residences at Mandarin Oriental has officially unveiled its impressive array of amenities, boasting over 100,000 square feet dedicated to high-end leisure and relaxation. Developed by Swire Properties, the project features a multi-tiered, resort-style podium surrounded by lush landscaping.
The Residences at Mandarin Oriental has officially unveiled its impressive array of amenities, boasting over 100,000 square feet dedicated to high-end leisure and relaxation. Developed by Swire Properties, the project features a multi-tiered, resort-style podium surrounded by lush landscaping, promising an unmatched living experience in one of the city’s most coveted neighborhoods.
The response from buyers has been overwhelmingly positive, with sales reaching an impressive $800 million to date, averaging a remarkable $100 million per month in transactions. This strong performance is particularly notable within Miami’s competitive residential market, as the properties have been selling at an approximate price of $2,500 per square foot, with several residences exceeding $3,000 per square foot.
Fortune Development Sales is the exclusive sales and marketing firm representing The Residences with pricing starting at $4,900,000. The property has an anticipated completion date of 2030.
The appeal of The Residences is significantly enhanced by its robust array of amenities, all serviced by the prestigious Mandarin Oriental brand, which will also include the new North American flagship hotel on-site. Key highlights of the amenity offerings include:
An Unrivaled Pool Experience: Eleven pools—more than any other new development in Miami—along with a luxurious poolside lounge operated by Mandarin Oriental.
Wellness Facilities: A wellness deck featuring a hot tub, cold plunge, and private cabanas for outdoor treatments amid serene greenery.
Meditative Spaces: An immersive hammock garden and a forest yoga lawn complemented by various meditative garden areas designed to promote tranquility.
Dining Options: A choice of private dining venues, including a pavilion with stunning sunset and skyline views, an indoor private dining room with a chef’s kitchen, and a wine cellar, alongside multiple restaurants led by renowned chefs from around the world.
Recreational Amenities: An indoor multi-purpose sports court catering to basketball, pickleball, or padel, enhancing the active lifestyle options for residents.
Spa Services: The signature Mandarin Oriental spa offering award-winning treatments in a serene environment.
Hospitality Features: A dedicated hospitality console in the lobby providing infused water and daily provisions for residents.
The Residences at Mandarin Oriental, Miami, encompasses two towers designed by the acclaimed architecture firm Kohn Pedersen Fox (KPF). The South Tower will feature 228 residences with interiors by renowned Parisian designer Tristan Auer. The North Tower, with interiors by AD 100 designer Laura Gonzalez, will feature the new North American flagship Mandarin Oriental hotel – with 121 rooms, a signature Spa at Mandarin Oriental, and multiple intimate fine-dining and al fresco restaurants – along with an additional 66 private residences and 28 hotel residences slated to be launched soon. Swire Properties has been responsible for developing Brickell Key for more than 40 years, and The Residences offers the final opportunity to own a luxurious piece of a new development on the highly desirable island community.
Renderings via The Boundary, The Residences at Mandarin Oriental & Optimist Consulting
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The Residences at Mandarin Oriental, Miami, Reveals New Waterfront Sales Pavillion And Announces Nearly $500 Million In Sales
Swire Properties, Inc. has revealed the highly anticipated Sales Pavilion for The Residences at Mandarin Oriental, Miami. Located on the southern tip of Brickell Key, the future site of The Residences, this 7,000-square-foot pavilion has been designed as three expertly curated spaces.
Swire Properties, Inc. has revealed the highly anticipated Sales Pavilion for The Residences at Mandarin Oriental, Miami. Located on the southern tip of Brickell Key, the future site of The Residences, this 7,000-square-foot pavilion has been designed as three expertly curated spaces floating on water with panoramic ocean views. The Residences at Mandarin Oriental, Miami, has seen close to $500 million in contracts signed in the first 60 days of sales, out of almost $1 billion in reservations to date. Pricing for current availability starts at $4.9 million with sales and marketing exclusively overseen by Fortune Development Sales. The Residences are expected to be completed from 2029.
“When we set out to design the final development here on Brickell Key, the one that would complete our 40-year master plan, we knew it had to be something special. Our Sales Pavilion for The Residences is extraordinary and worthy of what will become the jewel in the crown of Swire Properties’ legacy in Miami. With custom finishes throughout and breathtaking views, guests will truly experience what life will be like at The Residences,” said Henry Bott, President of Swire Properties.
The Sales Pavilion offers prospective buyers a first look at the interiors and views from their new home. Conceived by The Residences’ global design team, including Parisian interior designers Tristan Auer and Laura Gonzalez, it features bespoke finishes and decor throughout. For example, the hospitality desk, which welcomes guests upon arrival, is adorned with hand-placed, individually painted coconut shells, along with hand-woven leather screens that filter light into the space. The one-of-a-kind, hand-painted Mandarin Oriental hospitality bar, imagined by Laura Gonzalez, mimics the flow of water with ripples of blues and greens. In the model residence bungalow, envisioned by Tristan Auer, guests experience furnishings, lighting, and finishes that evoke the final lifestyle available to buyers, including honed marble in the kitchen and bathroom, leather-wrapped interiors in the primary closet, and a midnight bar adjacent to the primary bedroom for ease. The design team for The Residences also includes architecture by lead architect Kohn Pedersen Fox, landscapes by Thai firm Shma, and lighting by UK-based lighting architect Speirs Major.
"The quality and overall experience of the sales pavilion align perfectly with Fortune’s commitment to not only delivering an exceptional product but also creating an experience that enhances the way people live. We are proud to partner with Swire Properties and the Mandarin Oriental brand, and we look forward to breaking barriers in the vibrant heart of Miami," said Edgardo Defortuna, President & CEO, Fortune International Group.
The Residences at Mandarin Oriental, Miami, will comprise two towers and will bring together world-class design, legendary service of Mandarin Oriental, and stunning panoramic views. The South Tower will feature 228 residences with interiors by renowned Parisian designer Tristan Auer. The North Tower, with interiors by AD 100 designer Laura Gonzalez, will feature the new North American flagship Mandarin Oriental hotel – with 121 rooms, a signature Spa at Mandarin Oriental, and multiple intimate fine-dining and al fresco restaurants – along with an additional 66 private residences and 28 hotel residences slated to be launched soon. Swire Properties has been responsible for developing Brickell Key for more than 40 years, and The Residences offers the final opportunity to own a luxurious piece of a new development on the highly desirable island community.
Renderings via Swire Properties
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The Residences at Mandarin Oriental, Miami Converts To Sale Contracts With Over $150 Million In Sales
Swire Properties USA and Fortune International Group have converted sale contracts at the Residences at Mandarin Oriental, Miami, with a total value of $150 million, out of close to $1 billion in reservations. These include 2, 3, 4, and 5-bedroom homes, with some per square foot prices exceeding $3,000 PSF.
Swire Properties USA and Fortune International Group have converted sale contracts at the Residences at Mandarin Oriental, Miami, with a total value of $150 million, out of close to $1 billion in reservations. These include 2, 3, 4, and 5-bedroom homes, with some per square foot prices exceeding $3,000 PSF. Moving forward, buyers at The Residences at Mandarin Oriental, Miami, have the opportunity to convert to contract immediately, timed with the soft opening of the hotly anticipated sales gallery this month. In a dense residential market, and in a typically slow season for Miami, the strong and immediate response from buyers to The Residences at Mandarin Oriental, Miami, showcases the property’s one-of-one offering in Miami and its remarkable desirability for buyers.
The Residences at Mandarin Oriental, Miami, are located in a 66-story tower rising 850 feet at the southernmost tip of Brickell Key and feature 228 residences consisting of two- to five-bedroom units. The masterplan and building are designed by world-renowned architect Kohn Pedersen Fox (KPF) and interiors by acclaimed Parisian designer Tristan Auer. With panoramic vistas of Biscayne Bay, the Residences at Mandarin Oriental, Miami, also feature Mandarin Oriental’s legendary service through its unparalleled array of world-class amenities.
Since the 1970s, Swire has fostered a substantial, long-term development plan for Brickell Key through various investment projects on island, including the development of the Residences at Mandarin Oriental, Miami, and the new Mandarin Oriental Hotel, both of which boast the unsurpassed world-class design, legendary service, and sophistication for which the Mandarin Oriental brand is known.
Construction is expected to begin in 2025 with occupancy from 2029.
Renderings via The Boundary and The Residences at Mandarin Oriental
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Swire Properties Launches Sales of The Residences at Mandarin Oriental, Miami
Swire Properties, Inc. has officially launched sales at The Residences at Mandarin Oriental, Miami, part of an unparalleled residential and hospitality destination set within a secluded island sanctuary moments from Miami’s vibrant core.
Swire Properties, Inc. has officially launched sales at The Residences at Mandarin Oriental, Miami, part of an unparalleled residential and hospitality destination set within a secluded island sanctuary moments from Miami’s vibrant core. Located on Brickell Key, the development will feature two architecturally iconic towers connected by an expansive landscaped podium with more than 80,000 square feet of indoor and outdoor amenities. The South Tower will feature The Residences at Mandarin Oriental, Miami, while The North Tower will feature what is destined to be the new North American flagship Mandarin Oriental hotel, along with additional Residences for purchase. Offering unobstructed, panoramic views of Biscayne Bay and the dynamic Miami cityscape, it will be one of Swire Properties’ crowning achievements in its portfolio of world-class properties and a defining landmark on the Miami skyline. The permanent sales gallery will open in the summer, with new details to be unveiled for The North Tower, which will launch sales later this year. Construction is expected to begin in 2025 with occupancy from 2029.
The South Tower is the first of the two towers to come to market and features several ultra-luxury homes, including a $100 million duplex penthouse that could be sold as a single residence or divided into two marquee homes. Spanning 23,000 square feet, this one-of-a-kind duplex penthouse is located at the apex of The South Tower. It features 16,000 square feet of interior space and 7,000 square feet of private outdoor space, including one of Miami’s highest private infinity pools. Other residences coming to market include 2-bedrooms starting at $4.9 million, 3-bedrooms starting at $5.8 million, 4-bedrooms starting at $10.5 million, and 5-bedrooms starting at $17.5 million. The Residences represent the last opportunity to purchase a new home on Brickell Key. Fortune Development Sales is exclusively handling sales.
“Launching sales at The Residences at Mandarin Oriental, Miami, is a monumental event for us. We are excited to unveil the full scope of the project and share details of the incredible Miami lifestyle that can only be offered here,” said Henry Bott, President of Swire Properties. “The development is a showcase of our continued commitment to the neighborhood, which started 40 years ago when we conceived Brickell Key. We are thrilled to bring these ultra-luxury residences to market along with what is positioned to be Mandarin Oriental’s North American flagship hotel, which, combined with the ongoing success of our Brickell City Centre development, will establish the Brickell neighborhood as one of the most vibrant destinations in South Florida.”
The 66-story South Tower is designed by world-renowned architecture firm Kohn Pedersen Fox (KPF). Rising 850 feet, it is situated on the southernmost tip of Brickell Key, offering unobstructed panoramic views of Biscayne Bay and the dynamic Miami skyline. It will feature 228 two- to five-bedroom private homes that offer the utmost luxury for residents, with interiors by acclaimed Parisian designer Tristan Auer. Each residence has private elevator access, and gracious interior space measuring up to 5,800 square feet with 11-foot ceilings throughout. Extraordinary views are framed by floor-to-ceiling glass sliding doors that open onto expansive private terraces, the depths of which are not typically found in the Miami market. Each kitchen will feature custom Italian cabinetry by Molteni&C, Dornbracht fixtures, state-of-the-art Gaggenau appliances, and design selections available for buyers to customize their countertops, backsplashes, and cabinetry finishes. Primary bathrooms will feel like private spas with handcrafted stone vanities, marble floors, Dornbracht fixtures, and Duravit soaking tubs and shower heads. Select residences will also include a private sauna.
“The Residences at Mandarin Oriental, Miami, is an unparalleled luxury residential offering that will attract buyers seeking a refined lifestyle in one of the most sought-after residential locations in South Florida,” said Edgardo Defortuna, President and CEO of Fortune International Group. “Swire Properties’ longstanding commitment to the Brickell neighborhood is paired with legendary Mandarin Oriental service and an unmatched collection of amenities. The attention to detail is evident throughout the property, from the thoughtfully chosen finishes to the visionary exteriors. Our team has already been impressed by the high level of interest in The Residences and we are excited to bring the development to market.”
The North Tower is also designed by Kohn Pedersen Fox and will feature what is destined to be the new North American flagship Mandarin Oriental hotel with 121 keys, a signature Spa at Mandarin Oriental, and multiple intimate fine-dining and al fresco restaurants. Rising 426 feet, The North Tower will also offer an additional 66 private residences and 28 hotel residences that will launch sales later this year. The hotel and residences will feature interiors by AD100 Parisienne designer Laura Gonzalez.
“We are delighted to be writing a new chapter of Mandarin Oriental's sought-after hospitality in Miami and strengthening our partnership with Swire Properties,” said Laurent Kleitman, Group Chief Executive of Mandarin Oriental. “We have been very fortunate to have a hotel presence in the city for more than 20 years, and it has become a property that is genuinely embraced by our guests. As we continue on this journey with Swire, we are excited to bring a new standard of luxury living with The Residences at Mandarin Oriental, Miami.”
Crowning the South Tower will be the remarkable $100 million penthouse, which is being offered as a duplex residence or can be sold as two individual penthouses. The combined duplex penthouse will offer a total of 23,000 square feet of space, including 16,000 square feet of interior space and 7,000 square feet of private outdoor space. Situated 780 feet above the ocean, the exclusive home features interiors by Tristan Auer, who has selected the most exquisite finishes throughout. Its bespoke floor plan offers the ultimate experience in elevated living and striking design details, including 30-foot-high ceilings in select areas on both floors, unrivaled views of the water and Miami city skyline, and a stunning spiral staircase. The penthouse’s private outdoor space creates an indoor and outdoor lifestyle unlike any other property in Miami. It includes one of Miami’s highest private infinity pools, multiple areas for outdoor dining and entertaining, and a sky cabana, which can be transformed into an additional bedroom or guest room. Finally, with privacy and security being of the utmost importance, the penthouse resident will have access to a private garage with spaces for up to eight vehicles. An adjoining private elevator lobby and elevator will provide direct access to their residence.
Every resident at The Residences at Mandarin Oriental, Miami, will experience exceptional recreational, dining, and wellness amenities across an 80,000-square-foot, lushly landscaped podium with landscaping by Thai firm SHMA. Lifestyle amenities include ten pools with a poolside lounge all serviced by Mandarin Oriental, an immersive hammock forest with a series of gardens nestled within, an art walk featuring rotating exhibitions by selected artists, an indoor golf simulator, a game room with billiards, a private screening lounge, and a children’s club and activity center. Dining amenities include signature fine-dining restaurants within the hotel, a dedicated outdoor dining pavilion for entertaining fitted with a barbecue, a tea pavilion, a stunning glass-encased experiential private dining room with a complete chef’s kitchen surrounded by mesmerizing water views, and a wine cellar. Mandarin Oriental, which has more Forbes Five Star Spas than any other hotel group in the world, will curate an extraordinary collection of wellness offerings such as signature spa treatments, retreats, and curated fitness programming dedicated to wellness and anti-aging. The property will also feature a forest yoga lawn, a tea garden for relaxation, men’s and women’s saunas and a hammam, a wellness pool deck with private cabanas flanked by cold plunge and hot tub, a state-of-the-art fitness center, several multi-use sports courts, and a dog grooming spa. Residents will also have access to shared hotel amenities and concierge services at the adjacent Mandarin Oriental Hotel with more information to be announced.
The Residences at Mandarin Oriental, Miami, represents Swire Properties' commitment to sustainability, resiliency, and mission to become the world's most sustainable developer by 2030. Swire Properties endeavors to achieve net carbon neutrality across its portfolio by implementing a multitude of sustainable design strategies. At The Residences, the design team adopted a passive design strategy to optimize energy use while maximizing daylight and cross-ventilation for resident comfort and well-being. Extensive plantings at various levels of the building provide heat island reduction and prevent heat absorption of the site. As part of Swire’s wellness pledge, its developments always prioritize the provision of high-quality indoor air for residents. The development also implements air filtration, provides separation between residential units to mitigate air transfer, and prioritizes the selection of low-emitting building materials. Solar panels will offset power consumption and promote renewable energy adoption, while each parking space will be configured for EV charging. Finally, Swire will address climate resiliency through the refurbishment of the surrounding seawall and elevation of the development site to combat sea level rise, along with expanding the Brickell Key Baywalk around the full perimeter of the island, which further reinforces the firm's commitment to placemaking that benefits the entire community.
Swire Properties has broken ground on The Residences at Mandarin Oriental, Miami, marking the start of construction on one of the nation’s most significant new ultra-luxury developments. Designed by world renowned, New York based architects Kohn Pedersen Fox (KPF), the project will unfold across two architecturally distinct towers on Brickell Key.