Russian Submits Plan For 613-Foot Brickell Tower

A Russian developer is moving forward with plans to demolish an 11-story Brickell condo building and replace it with a much taller tower.

Plans were filed with the FAA yesterday to build a 613-foot tower at 175 SE 25th Road. OKO Group, led by Vladislav Doronin, has said that they plan a 48-story condo there.

Doronin’s company paid $48 million to buy out the 61 condos in the bayfront building that will be demolished, or an average of $800,000 apiece.

 

Update: OKO Group is led by Vladislav Doronin. A representative confirmed that he remains the developer behind this project.

 

Previously: Russian Developer Buys Brickell Property For $48 Million, Plans 48-Story Tower

Russia’s OKO Group Bullish On Waterfront, Paid Double Market Value To Buy Out Brickell Condo Owners

 

 

9 Comments
most voted
newest oldest
Inline Feedbacks
View all comments
Anonymous
4 years ago

Oh this is near the Rickenbacher Causeway. At first I thought this property was on Brickell Bay Drive closer to downtown Brickell. The $48. Million seems high for that location but it is on the water and out of towners keep pushing the envelope on price so we will see if the party is still in full swing.

Anonymous
4 years ago

This location will have great views. The bridge and Key Biscayne, the Grove, Brickell and Downtown, 360 degrees of great views. It’s not in the middle of the hot spots, but there will be great view of them from here.

Anonymous
4 years ago

Another developer has made an offer for the parking area of Brickell Bay Club around the corner from this property. Behind 175 SE 25th Road is 2451 Brickell with a huge under used parcel of land. The building on it Brickell Townhouse is about 54 years old and the parking lot occupies most of the land. This parcel could have several high rise Condo’s built on it. Great opportunity! Compared to other Brickell properties the units sell for less per square foot and are still a bargain. Sooner or later this first built Condominium on Brickell will be replaced. Progress moves on!

Anonymous
4 years ago

Oleg Baybakov is the owner of OKO Group, not Doronin.

Anonymous
4 years ago

Would not be surprised to hear that several investors might be interested in Brickell Town House 2451 Brickell Ave. An under used property with one of the largest parking lots. It is on the water and also fronts Brickell Ave. A portion of the parking lot on Brickell would support a nice building. It will happen but when is the question.

Anonymous
4 years ago

I heard that he flipped the property already

Anonymous
4 years ago

Directly under the landing flight path to MIA. Doubt the FAA will allow that height. Condos will have lots of noise from planes overhead.

suomynona
4 years ago

You sure about that? Why wouldn’t it have a similar maximum to Edgewater’s 649ft?

Anonymous
4 years ago

All of Miami waterfront, from I-195 to the Grove is “Directly under the landing flight path to MIA”. Your comment makes no sense.