Okan Tower Developer Is Increasing Hotel, Residential, & Office Space, While Reducing Retail & Restaurant

Okan Tower’s developer has filed with Miami Dade’s Water & Sewer Department to modify what will be included in the development plans.

The addendum was added late last month to a previous utilities agreement that lays out changes to the development program.

According to the newly signed agreement, Okan Tower will include:

  • 305 square feet of retail (previously 2,982 square feet)
  • 67,588 square feet of office (previously 34,191 square feet)
  • 2,690 square feet of coffee shop (previously 8,645 square feet of full service restaurant)
  • 316 hotel rooms  (previously 300 hotel rooms)
  • 399 residential units (previously 370 residential units)
  • 0 square feet of meeting rooms (previously 15,652 square feet)

The new deal supersedes an agreement for utilities with the county executed in September of 2018.

The 70-story Okan is on track to become Miami’s tallest tower upon completion at 890 feet above ground.

A construction permit is pending. Developer Bekir Okan said groundbreaking is expected to take place in January 2020, with completion in four years.