Swire Properties USA and Fortune International Group have signed purchase agreements for The Residences at Mandarin Oriental, Miami, valued at a total of $150 million, with nearly $1 billion in reservations. These include 2-, 3-, 4- and 5-bedroom apartments, with some priced at over $3,000 per square foot. Buyers of The Residences at Mandarin Oriental, Miami will have the opportunity to close their contracts immediately, coinciding with the unofficial opening of the highly anticipated sales gallery this month. In a tight residential real estate market and during what is typically a quiet season for Miami, the strong and immediate buyer response to The Residences at Mandarin Oriental, Miami demonstrates the property’s unique Miami offering and remarkable buyer appeal.

Located in a 66-story, 260-meter-tall tower on the southernmost tip of Brickell Key, The Residences at Mandarin Oriental, Miami features 228 residences, each with two to five bedrooms. The master plan and building were designed by world-renowned architect Kohn Pedersen Fox (KPF), with interiors by acclaimed Parisian designer Tristan Auer. The Residences at Mandarin Oriental, Miami offer panoramic views of Biscayne Bay and also offer Mandarin Oriental’s legendary service with an unparalleled range of world-class amenities.

Since the 1970s, Swire has pursued an extensive, long-term development plan for Brickell Key through various investment projects on the island, including the development of The Residences at Mandarin Oriental, Miami and the new Mandarin Oriental Hotel, both of which feature the unmatched world-class design, legendary service and elegance for which the Mandarin Oriental brand is known.

Construction is scheduled to begin in 2025, with occupancy possible from 2029.