Downtown Miami’s most anticipated new development, Okan Tower has announced Suffolk Construction as the project’s general contractor. The signing marks the launch of a strategic partnership that transcends geographic boundaries and further adds to each brand’s influence within its respective regions. We at ONE Sotheby’s International Realty are proud to be the exclusive sales and marketing team for this exciting project.
Okan Group is bringing its international presence to South Florida through Okan Tower, a $300 million, 70-story mixed-use development in Downtown Miami. With more than 40 years of construction experience, the global firm has delivered dozens of projects ranging from education to health and hospitality around the world. Located at 555 North Miami Avenue, Okan Tower will introduce a new, defining form to the city’s iconic horizon, an architectural masterpiece inspired by the silhouette of a tulip, Turkey’s official flower.
“We are thrilled to welcome the Suffolk Construction family to our robust team,” said Bekir Okan, Chairman of Okan Group. “Okan Tower will be a landmark addition to South Florida and it’s only fitting to partner with a company whose local and national reputation is impeccable, as well as one that we trust.”
One of the nation’s leading construction companies, Suffolk incorporates innovative and cutting-edge technologies that accelerate construction, boost dependability and minimize waste. Okan Tower, which will be the tallest residential building in the state upon completion, is among several high-profile developments in the firm’s South Florida portfolio, including Seminole Hard Rock Hotel & Casino Hollywood, and All Aboard Florida – Miami Central.
“We are honored and privileged to have an opportunity to begin a long-term partnership with Okan Group,” said John Fish, Founder, Chairman and CEO of Suffolk. “This is an exciting project for our team and it will be a pleasure partnering with an organization that shares our vision for innovation and the future.”
Okan Tower will be comprised of 149 condominiums ranging from one-to-three bedrooms, plus a den, four exclusive penthouses, 236 condo-hotel units, and a 316-key Hilton Bayfront Miami hotel.
World-class amenities will not be spared, with Okan Group carefully curating a menu of offerings that truly matter to the target demographic. This includes high-speed elevators with separate access points for the various mixed-use components, a sky pool with panoramic views of the bay and city on the 70th floor, Hammam spa, state-of-the-art health and fitness center, multipurpose room, and outdoor lounge. Additional features will be a playroom for kids, chef and gastro kitchen, a resident movie theater, and private area for owners with wine cellar and cigar room, as well as an activated rooftop restaurant on the 67th floor.
Presenting convenience as a key factor to its location, Okan Tower is uniquely situated where business, entertainment, culture and art converge. Relishing in the benefits of its locale, the project is in proximity to American Airlines Arena, Perez Art Museum Miami, Phillip and Patricia Frost Museum of Science, Miami-Dade College North Campus, and the master-planned Miami Worldcenter, as well as just one block from Brightline Train Station.
The project is slated to break ground before year’s end.