Downtown Miami’s 70-Story Okan Tower Celebrates Conversion To Contracts

Okan Tower marked the shift from the reservation phase of the sales process to the contract phase at an event last week, according to social media posts.

Photos show brokers being presented with commissions of $880,000 at the event.

Construction is planned to begin this year, Okan representatives said earlier this month. The project is 20% sold.

If built today, Okan would become Miami’s tallest tower at 70 stories and 890 feet. Others are planned to exceed that height, however.

Okan Tower is planned to include 149 condominiums, 236 condo-hotel units, a 316-key hotel, along with office, retail and restaurant space.