Okan Tower, to be Miami’s tallest, due in 2022
The Okan Tower is still on track to be finished in mid 2022, according to Okan CEO Kasim Badak. The $300 million project was put on hold because of the pandemic. “The pandemic affected us,” Mr. Badak said. “But it affected everyone around the world. We stopped any operations, but we are back in business.”
Bekir Okan, Turkish billionaire businessman, is building what would be the tallest tower in Miami and first for Okan in the US from the ground up. The building was designed by Behar Font and Partners Miami architecture firm to represent a tulip, the flower of Turkey. It is to rise at 555 N Miami Ave. and stand 70 stories tall, with 64,000 square feet of Class A office space, 294 rooms by Hilton Hotel & Resorts, 149 condominium residences and four penthouses.
In its 890 feet of height, the Okan Tower is still planned to include three pools, one outside on the 70th floor, a spa, an outdoor lounge, a fitness center, a gastro kitchen, a children’s play center, a wine cellar, a rooftop restaurant, a movie theater and a cigar room.
“We are celebrating an extraordinary person, Mr. Okan,” Miami Mayor Francis Suarez said at the Okan Tower launch party at the Perez Art Museum on May 21, 2018. “We open our arms to you and we know your project is going to be very successful.” They had already sold 30 condos and condo-hotel units by May 2018.
When Mayor Suarez asked Mr. Okan why he loved Miami, he answered, “I love the weather, I love the casual lifestyle, but most importantly I love the people.”
Miami’s tallest tower today is the Panorama Tower, standing 868 feet.