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Mandarin Oriental Brickell Key, Live Local high-rise among $420M-plus South Florida construction permits for week ending July 22, 2026
Summary by The Miami Editorial Desk · Based on reporting by Eman Elshahawy, Matthew Elo , The Real Deal
· July 23, 2026
· 1 min read
🏆 New Building: The largest permit issued was a $240 million new construction permit for 1 Island Drive in Miami, where Swire Properties is developing The Residences at Mandarin Oriental, Miami and Mandarin Oriental Hotel on Brickell Key. The former Mandarin Oriental Hotel towers on the site were d
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Summary created by The Miami Editorial Desk — automated, rule-governed Original reporting Eman Elshahawy, Matthew Elo, The Real Deal Original story Read at the source Source published Jul 23, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The redevelopment will include condos and a hotel, totaling about 1.
Why this matters in The Miami
The recent construction permits issued in South Florida, including the $240 million permit for The Residences at Mandarin Oriental, Miami, signal a significant investment in Miami's luxury real estate market. This redevelopment on Brickell Key will not only bring new condos and a hotel to the area but also contribute to the local economy through job creation and potential tax revenue. As Miami continues to grow and attract international investors, projects like this one will play a crucial role in shaping the city's skyline and amenities. The fact that the former Mandarin Oriental Hotel towers were demolished to make way for this new development also highlights the city's efforts to revitalize and modernize its infrastructure. With Miami's strong ties to Latin American and Caribbean communities, it will be interesting to see how this new development caters to these populations and enhances the city's cultural offerings.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit The Real Deal . Have a tip or correction? Contact our newsroom .
Category: arts ·
Published: July 23, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
Frequently asked about this story
What is this story about? 🏆 New Building: The largest permit issued was a $240 million new construction permit for 1 Island Drive in Miami, where Swire Properties is developing The Residences at Mandarin Oriental, Miami and Mandarin Oriental Hotel on Brickell Key. The former Mandarin Oriental Hotel towers on the site were d
When was this published? This article was first published on July 23, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Eman Elshahawy, Matthew Elo at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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