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.
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Image via Blue Water Drones
Miami Worldcenter Associates Sells Development's Retail and Entertainment District to Falcone Group and Partners For $210 Million
Miami Worldcenter Associates has sold Miami Worldcenter’s 27-acre retail and entertainment district to a venture comprised of affiliates of the Falcone Group, ROK Acquisitions, Andrew Mirmelli, The Davis Companies (Davis) and Jamestown for $210 million. The district features 300,000 square feet of retail, dining and entertainment businesses, approximately 2,000 parking spaces, and 100,000 square feet of parks and plazas.
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Kasumigaseki Capital Launches First Project in the United States at Miami Worldcenter
Kasumigaseki Capital Co., Ltd. (headquarters: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Koshiro Komoto; “KC”) announced that it has established a subsidiary in the United States, Kasumigaseki Florida LLC (headquarters: Florida), and commenced business in Miami.
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PMG and Ennismore Reveal Miami's 2nd Supertall Tower, The First-Ever Delano Branded Residences in Downtown Miami
Ennismore, one of the fastest-growing lifestyle hospitality company, and PMG, a national developer, have launched of the first-ever Delano residences in Downtown Miami and PMG’s second supertall tower in Miami.
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Faena, KAR Properties and Fortune International Group Reveal Dedicated 'Faena Rose' Members Space at Faena Residences Miami
Faena Residences Miami has revealed Faena Rose, the first permanent, purpose-built architectural setting dedicated to the Faena Rose patron community. Suspended across three dedicated levels from floors 61 through 64, nearly 700 feet above the Miami River, Faena Rose is a floating cultural and architectural landmark that architecturally unites the twin residential towers.
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Image via Filipe Cuevas
Inside Miami Worldcenter's Newest Bistro & Raw Bar from Maple & Ash, Eight Bar by Chef Danny Grant
Chef Danny Grant, known for award-winning restaurants Maple & Ash, Monarch, Kessaku, Marisella, and Eight Bar, has brought his next chapter to Miami. Eight Bar recently opened on the first floor of Maple & Ash at Miami Worldcenter, offering a vibrant indoor-outdoor setting and Maple Hospitality Group’s signature hospitality.
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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
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 MoreMaster Construction Permit Issued For 70-Story Okan Tower in Downtown Miami
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.
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Summer 2025 Construction Update For Miami's 325' Tall Signature Bridge As The Arches Take Form On 'The Fountain'
Miami’s Signature Bridge, known as The Fountain, is entering a new phase of construction as the project’s iconic arches begin to rise above I-395, offering a first glimpse of the monumental structure set to redefine the city’s skyline.
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Related Group and Alta Developers Top Off Casa Bella Residences by B&B Italia In Downtown Miami
Leading real estate developer Related Group and partner Alta Developers held a “topping off” ceremony for Casa Bella Residences by B&B Italia on July 9th, 2025, bringing the 56-story tower one step closer to completion with over 90% of units already in contract.
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