Okan Group announced today in a press release that they have selected Suffolk Construction as the general contractor for downtown Miami’s Okan Tower.
“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.”
Groundbreaking is expected before the end of the year, the developer said.
The $300 million tower will become the tallest residential building in Florida upon completion at 70 stories and 890 feet above ground, in a shape inspired by the tulip, Turkey’s national flower (Okan Group is based in Turkey).
Suffolk’s other nearby projects include the guitar-shaped $1.5 billion Seminole Hard Rock Hotel & Casino Hollywood tower, and Brightline’s 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 include 149 residential condominiums, 236 condo-hotel units, and a 316-key Hilton Bayfront Miami hotel, along with 64,000 square feet of Class A office space and ground floor retail.