Okan Tower – the more than $300 million mixed-use development in Downtown Miami – 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.
Okan Group – a leading multinational and significant developer – is bringing its international presence to South Florida through the blossoming of Okan Tower, a 70-story architectural masterpiece inspired by the silhouette of a tulip, Turkey’s official flower. 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.
“We are thrilled to welcome the Suffolk Construction family to our robust team,” said BekirOkan, Chairman of Okan Group. “Okan Tower will be a landmark addition to South Florida and it’s only fitting to partner with acompany 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 70thfloor, 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 67thfloor.
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.
Exclusive sales and marketing for Okan Tower is by ONE Sotheby’s International Realty. The project is slated to break ground before year’s end.
About Okan Tower
Okan Tower is the first U.S. development, and latest pioneering, mixed-used project by leading Turkish developer Okan Group. Set in downtown Miami, the 70-story building presents a diverse collection of multi-functional elements – a 316-key hotel by Hilton Hotels & Resorts, 64,000 square feet of ‘Class A’ office space, 236 additional condo-hotel units, and 149 condominium residences with four penthouses– delivering sophistication, convenience and the finest fusion of brands. Located at 555 North Miami Avenue, Miami, Florida,33132, Okan Tower’s distinctive façade, designed by Behar Font & Partners, architecturally-emulates the silhouette of a blossoming tulip, the national flower of Turkey. Okan Group brings nearly five decades of experience to South Florida, having successfully funded and developed ventures in Turkey and around the globe, in industries that include construction, tourism, education, health, and hospitality. Exclusive sales and marketing for Okan Tower are by ONE Sotheby’s International Realty. The project’s sales center is located at 542 North Miami Avenue, Miami, Florida, 33136. For more information, please call (305) 600-1000.
About Okan Group
Founded in 1972, Okan Group is Turkey’s leading, innovative enterprise. Boasting international experience and advanced technology, the company began in the industrial arena and has since expanded to a real estate focus, with its first U.S. development in Downtown Miami, Okan Tower. Its investments in the Turkic Republics, primarily Turkmenistan and Kazakhstan, as well as around the world, have earned Okan Group a deep-rooted reputation in the construction, banking, textile, production and tourism industries, among others. Continuously engaging in quality research and identifying growth opportunities, the company’s global footprint has resulted in nearly 40 projects that service the community through technological, economic and cultural advancement. For more information, visit www.okan.com.tr/en/.
About Suffolk Construction Company
Suffolk is a national building contractor with $2.9 billion in annual revenue and offices in Boston, New York City, Miami, West Palm Beach, Tampa, Estero, Dallas, Los Angeles, San Francisco and San Diego. We service clients in every major industry sector, including healthcare, science and technology, education, federal government, gaming, aviation and commercial. Suffolk is privately held and is led by Founder, Chairman and CEO John Fish. Suffolk is ranked #26 on the Engineering News-Record list of “Top 400 Contractors” in the country.Suffolk is a community-conscious organization dedicated to environmentally friendly and sustainable business practices and is committed to making a positive impact in its local communities through grassroots volunteer work, employee fundraising and corporate giving. For more information, visit www.suffolk.com
