Under Construction

Okan Tower

Miami · Mixed-Use

Okan Tower is a 902-foot, 72-story mixed-use supertall rising at 555 North Miami Avenue in the Park West district of downtown Miami, developed by Turkish-owned Okan Group and designed by Behar Font & Partners.

Official Website
Dive Deeper
Last verified Jul 15, 2026
17 months to delivery
45%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
06.17.22
Start
2027
Completion
316
Keys
399
Units
72
Floors
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The story so far
Announced 2022 est.
Broke ground Jun 17, 2022
Halfway there Oct 2025Reached structural halfway mark per Florida YIMBY, Oct 2025 (75% structural / 50th floor by Apr 2026, top-out expected Aug 2026)
floridayimby.com
Financing secured Jan 2026$200M C-PACE from Bayview PACE closed Jan 2026 (The Real Deal); backfill address + 316 Hilton keys
therealdeal.com
Going vertical Apr 202675% structural completion; passed 50th of 72 floors
profilemiamire.com
Expected opening 2027
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
About the project

Okan Tower is a 902-foot, 72-story mixed-use supertall rising at 555 North Miami Avenue in the Park West district of downtown Miami, developed by Turkish-owned Okan Group and designed by Behar Font & Partners. Its tulip-inspired silhouette — a nod to Turkey's national flower — houses a 316-key Hilton Miami Bayfront hotel, 236 Hilton-managed condo-hotel residences, 163 private Sky Residences and Class-A office floors. Residents and guests share more than 80,000 square feet of amenities, including pools, a spa and wellness center, restaurants and panoramic skyline and Biscayne Bay views. One of the tallest towers on Miami's skyline, Okan Tower anchors the rapidly densifying downtown core.

Developer & design
Developer
Okan Group
Architect
Behar Font & Partners
Atlas Intelligence Powered by Onyx 4.1
Projected pricing at delivery
Okan Tower
Miami · Coming Q4 2027 · Mixed-Use
Onyx Projection
$•,••• / sq ft at delivery
Projected band $•,••• – $•,••• — modeled from 6 comparable launches nearby.
Sales launchTodayDelivery Q4 2027
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Comparable set — basis for projection

•••••••• mi
$•,•••
•••••••• mi
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Confidence: High · 6 comps · projections are modeled estimates, never listings
Projection values are a TMW Pro surface. The model, comps and band unlock instantly.Unlock with Pro
Scenario outlook
Okan Tower
Miami · Coming Q4 2027 · Mixed-Use
Onyx Projection
Projected price / sq ft
$•,•••
at delivery, base case
Sell-out timeline
••months
from sales launch to final close
Absorption pace
•.•units / mo
modeled from the comp set

Scenario assumptions

Fed rate path—
Submarket supply—
Luxury demand—
Comp appreciation—
Scenarios recompute against the submarket comp set · directional, not guaranteed
Scenario values are a TMW Pro surface.Unlock with Pro
The Miami market 95 · Saturated supplyDowntown Miami 80-project pipeline · 32,295 residences and keys · peak Late ’28 Explore the market →
Location
Map location
View on Map
Journal Coverage
Okan Tower has been covered in 2 articles on Markets of Tomorrow.
Jul 28, 2025
Construction worker count reaches an all-time high in Miami-Dade
Dec 2, 2023
70-story Okan Tower, offering the tallest pool in the US, unveils first look at their Hilton hotel
Common questions

Frequently asked

Where is Okan Tower located?

Okan Tower is located in Miami.

When will Okan Tower be completed?

Okan Tower is under construction, with completion expected in 2027.

Who is developing Okan Tower?

Okan Group is the developer behind Okan Tower.

Who designed Okan Tower?

Okan Tower was designed by Behar Font & Partners.

How big is Okan Tower?

Okan Tower rises 72 stories with 399 residences and 316 hotel keys.

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