A team of engineers, contractors, and construction workers imploded the former Mandarin Hotel in Miami on April 12. The demolition by explosives of the well-known Brickell Key property marks a significant moment in Miami’s development landscape, as older buildings are being replaced by new luxury condominium towers.
The event is notable because building implosions are now rare in Miami, especially for structures as young as the Mandarin Hotel, which was about 26 years old. The hotel opened in November 2000 and closed nearly a year ago. It was known for its bayfront location and amenities such as the MO bar and La Mar restaurant. Swire Properties, the developer behind much of Brickell Key, closed the hotel last May to make way for a two-tower luxury condo and hotel project that will also carry the Mandarin name.
According to Swire Properties, total sales volume at the new project has already surpassed $1.3 billion. Two penthouses have been presold for nearly $50 million each—potentially setting a record in Miami at $6,300 per square foot once completed. Unit prices range from $4.9 million to $100 million, with completion expected by 2030.
In addition to this redevelopment effort, Brickell Key will undergo a multimillion-dollar seawall replacement project following concerns expressed by residents last year related to both environmental impact and safety during demolition activities.
Observers note that more redevelopment could be coming to Brickell Key soon amid reports of ongoing condo buyouts nearby on the island.
