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Okan Tower Reaches 75% Structural Completion As Construction Passes 50th Floor in Downtown Miami

April 28, 2026

The 902-foot Okan Tower has reached 75% structural completion, with 50 of its 72 floors now in place. With construction crews ascending at the breakneck speed of one floor a week, the Hilton Hotel-anchored, tulip-shaped supertall tower is zooming toward the finish line with a top off anticipated for August.

The tower, designed by Behar Font & Partners, is a masterful case of engineering meeting design. As the building continues its rapid ascent, its sculptural form is beginning to take shape on the skyline. Installation of the tower’s curtain wall has already advanced dozens of floors up the structure, while a series of stepped floor plates are creating the layered exterior inspired by the form of a Turkish tulip. Now rising above the surrounding Downtown buildings, the tower has quickly become one of the most visible projects reshaping Miami’s skyline.

Set to rise 902 feet, Okan Tower will be the second-largest tower in Downtown Miami. Developed by Okan Group and located at 555 North Miami Avenue, the tower is a mixed-use masterpiece, uniting hospitality, residential, wellness, and office components within a single vertical address.

The project will be anchored by a 316-key Hilton Miami Bayfront Hotel, with 236 condo-hotel units managed by Hilton Hotels & Resorts®. The tower will feature 163 Sky Residences and approximately 64,000 square feet of Class A office space.

Positioned in the urban core, Okan Tower offers direct connectivity to Miami Worldcenter and Downtown Miami’s expanding collection of cultural, dining, and entertainment destinations. From the Kaseya Center to the Frost Museum, the Adrienne Arsht Center for the Performing Arts, and Freedom Tower, the location sits at the nexus of the city’s cultural and entertainment centers.

“Reaching this stage of construction is a significant achievement for the project,” said Bekir Okan, Chairman of Okan Group. “Okan Tower represents years of planning, design, and coordination. Seeing the building take its place on the Miami skyline is both rewarding and a clear reflection of the team’s disciplined execution.”

Global buyers have taken notice. Since launch, Okan Tower has secured buyers from key domestic and international markets, including Argentina, Mexico, the United States, Colombia, Turkey, Spain, and Denmark. The steady demand reflects Miami’s continued strength as a global investment and residential market, supported by ongoing migration, capital inflows, and sustained interest in South Florida’s high-end real estate sector.

“The project’s steady construction progress reflects the consistency of buyer interest we’ve seen since launch,” said Michael Sadov, Sales Director at Okan Tower. “Purchasers increasingly view Downtown Miami condos as an asset class of their own with all the lifestyle benefits that come with living in the epicenter of the most exciting city on the planet.”

Rising as one of the most architecturally distinctive supertalls in the United States, the tower delivers a fully integrated lifestyle experience anchored in design and global hospitality. Its tulip-inspired silhouette introduces a new architectural icon to the Miami skyline. The building is anchored by a ground-floor arrival with 24-hour reception and concierge services. Residents will have access to a 72nd-floor rooftop pool and sky deck with private cabanas, among the tallest rooftop pools in the country, offering expansive views of Downtown Miami and Biscayne Bay, as well as a 12th-floor lap pool complemented by a clubroom and indoor-outdoor lounge spaces.

Wellness-focused amenities include a traditional Turkish hammam, sauna, steam rooms, and private treatment areas, alongside a state-of-the-art health and fitness center, yoga studio, and Peloton® bikes. Additional features include a children’s sensory and playroom, technology theater, wine cellar, and owner’s lounge, all supported by dedicated lifestyle services for residents and guests alike.

Exclusively marketed and sold by Fortune Development Sales, Okan Tower’s sales gallery is located at 542 North Miami Avenue.

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Renderings via Okan Tower

Past PROFILEmiami articles about OKAN Tower:

Featured
Okan Tower Reaches 75% Structural Completion As Construction Passes 50th Floor in Downtown Miami 2.jpeg
Apr 28, 2026
Okan Tower Reaches 75% Structural Completion As Construction Passes 50th Floor in Downtown Miami
Apr 28, 2026

The 902-foot Okan Tower has reached 75% structural completion, with 50 of its 72 floors now in place. With construction crews ascending at the breakneck speed of one floor a week, the Hilton Hotel-anchored, tulip-shaped supertall tower is zooming toward the finish line with a top off anticipated for August.

Read More →
Apr 28, 2026
Okan Tower_Building Close Up.jpg
Jan 8, 2026
Bayview PACE Provides $200 Million in C-PACE Financing for Florida’s Second-Tallest High-Rise, Okan Tower in Miami, Among the Largest Loans in the Country
Jan 8, 2026

Bayview PACE, a division of Bayview Commercial Mortgage Finance, has closed on $200 million in C-PACE financing for Okan Tower, a 72-story mixed-use high-rise being developed by Okan Group and designed by Behar Font & Partners.

Read More →
Jan 8, 2026
Okan Tower_Building Close Up.jpg
Aug 1, 2025
Master Construction Permit Issued For 70-Story Okan Tower in Downtown Miami
Aug 1, 2025

Okan Tower, Downtown Miami’s transformative new branded hospitality and residential development anchored by the 316-key Hilton Miami Bayfront Hotel, has reached a pivotal milestone with the issuance of its master construction permit.

Read More →
Aug 1, 2025
Sales Pass 60% At 902' Tall Okan Tower Anchored by Hilton Miami Bayfront Hotel in Downtown Miami 1.jpg
Jan 22, 2025
Sales Pass 60% At 902' Tall Okan Tower Anchored by Hilton Miami Bayfront Hotel in Downtown Miami
Jan 22, 2025

Downton Miami’s 902’ Okan Tower, anchored by a Hilton Miami Bayfront Hotel, has reached two milestones as sales have surpassed the halfway mark and are now at 60%; in addition, construction has advanced to the 12th floor following the completion of the massive 290,000-square-foot parking podium.

Read More →
Jan 22, 2025
1 - Okan Tower Hero Image.jpg
Mar 27, 2024
Okan Tower Set For Massive 1,200 Truck Concrete Foundation Pour Friday
Mar 27, 2024

Paving the way for a new landmark on the Downtown Miami skyline, a crew of 300 workers across three shifts with the help of 1,200 concrete trucks, will pour the foundation for Okan Tower, the highly-anticipated development set to be one of Downtown Miami’s next major mixed-use megaplex.

Read More →
Mar 27, 2024
1 - Okan Tower_Hilton Miami Bayfront Hotel Lobby.jpg
May 24, 2023
Okan Tower Reveals Luxurious First Look At Upcoming Hilton Miami Bayfront Hotel
May 24, 2023

Okan Tower, the new mixed-use megaplex set to become one of the tallest towers on Downtown Miami’s skyline at 902', has revealed a first look at the luxurious renderings of its Hilton Miami Bayfront Hotel. Showcasing the awe-inspiring lobby entrance, reception area, and lobby bar, the sophisticated design created by interior designer Adil Tunca, is highlighted with sweeping, breathtaking views of vibrant Downtown Miami and Biscayne Bay.

Read More →
May 24, 2023
Okan Tower Anchored By Hilton Hotel Breaks Ground In Downtown Miami
Jun 20, 2022
Okan Tower Anchored By Hilton Hotel Breaks Ground In Downtown Miami
Jun 20, 2022

Okan Tower, the new Downtown Miami megaplex, with residences anchored by a Hilton Hotel, broke ground on Friday, June 17 with all the fanfare of a major international milestone, attended by a who’s who of the business, political, civic, hospitality and real estate brokerage community. Okan Tower represents the largest Turkish investment in the United States with a design inspired by the country’s native flower, the tulip.

Read More →
Jun 20, 2022
Okan Tower Unveils Loft Penthouse Collection As Development Nears Groundbreaking In Downtown Miami
Apr 26, 2022
Okan Tower Unveils Loft Penthouse Collection As Development Nears Groundbreaking In Downtown Miami
Apr 26, 2022

Okan Tower, which is set to become one of the tallest towers in Downtown Miami, has unveiled its exclusive Loft Penthouse Collection. Rising 902’ in the air, the 70-story project’s highly-anticipated Loft Penthouse Collection consists of 14 impressive residences soaring above downtown Miami at the building’s peak.

Read More →
Apr 26, 2022
Plans for Okan Tower Fast Tracked on Heels of Border Reopening
Nov 10, 2021
Plans for Okan Tower Featuring Five-Star Hilton Hotel & Resort Fast Tracked on Heels of Border Reopening
Nov 10, 2021

On the heels of the U.S. border reopening to international travelers yesterday and preparing for the influx of overseas buyers anticipated to return to Miami, Okan Group announced that it has relaunched sales for Okan Tower, a 70-story mixed-use tower located at the epicenter of Miami’s urban core.

Read More →
Nov 10, 2021
Okan Tower Releases First Interior Renderings With Groundbreaking Planned For Late 2019
Jun 5, 2019
Okan Tower Releases First Interior Renderings With Groundbreaking Planned For Late 2019
Jun 5, 2019

Turkish developer Okan Group has released the first interior renderings of the Behar Font & Partners-designed Okan Tower in Downtown Miami. The tower is expected to break ground later this year and will rise 70-stories when complete, over 890’.

Read More →
Jun 5, 2019
The Behar Font & Partners-Designed Okan Tower Planning To Break Ground This Year in Downtown Miami
Aug 2, 2018
The Behar Font & Partners-Designed Okan Tower Planning To Break Ground This Year in Downtown Miami
Aug 2, 2018

Okan Tower, located at 555 North Miami Ave., will break ground in 2018 and is currently finalizing their partnership with a general contractor. The self-financed tower from Turkish developer Okan Group has pre-sold about 12% of of units since the project was first proposed in October 2017.

Read More →
Aug 2, 2018
Okan Group's Behar Font-Designed Okan Tower Approved In Downtown Miami
Apr 15, 2018
Okan Group's Behar Font-Designed Okan Tower Approved In Downtown Miami
Apr 15, 2018

Turkish developer Okan Group's 73-story, skyline evolving Behar Font & Partners-designed Okan Tower proposal has been approved by Miami's Planning & Zoning Department in Downtown Miami including waivers from the Miami 21 zoning code. 

Read More →
Apr 15, 2018
Okan Group Proposes The Sterling, A Mixed-Use, Behar Font-Designed Downtown Hotel Tower
Oct 6, 2017
Okan Group Proposes The Sterling, A Mixed-Use, Behar Font-Designed Downtown Hotel Tower
Oct 6, 2017

Turkish developer Okan Group has proposed a 73-story hotel project inspired by a tulip in Downtown Miami. The project is being dubbed The Sterling (although renderings show Okan Tower) and is located at 555 N. Miami Avenue.

Read More →
Oct 6, 2017

For more information about Okan Tower or to inquire about purchasing a unit please fill out the form below:

In Construction, Construction News, Construction Update, Development, Development News, Hospitality, Hotels, Downtown, News, News & Features, Residential, Commercial Tags News & Features, News, Development News, Development, Construction News, Construction, 555 North Miami Avenue, Hilton Miami Bayfront, Okan Construction LLC, Bekir Okan, Okan Group, Okan Tower, Commercial, Residential, Downtown, Downtown Miami, Hotels, Hospitality, Featured, Construction Update
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