Construction is officially approaching the 50-story milestone on Okan Tower, the 902-foot-tall mixed-use skyscraper rising at 555 North Miami Avenue. The reinforced concrete superstructure has successfully reached level 48, placing the 70-story tower at approximately 70% of its planned height. With just over 20 floors remaining before its distinctive tulip-inspired crown begins to take shape, the project developed by Okan Group and designed by Behar Font & Partners is moving steadily toward its 2027 delivery date.
The tower's expansive program integrates 316 Hilton Miami Bayfront hotel keys, 236 condo-hotel residences managed by Hilton Hotels & Resorts, and 163 exclusive Sky Residences. Beyond residential and hospitality, the building includes Class A office space and more than 80,000 square feet of high-end amenities, highlighted by a flagship Equinox location planned as the brand's largest facility in the tower's base. Upon its completion, Okan Tower will hold the title of the second-tallest structure in Florida, surpassed only by the nearby Waldorf Astoria Hotel & Residences Miami.
This structural transformation reflects an unprecedented density in the Downtown Miami skyline, signaling a shift toward hybrid residential formats. The introduction of Hilton-managed products provides a flexible model that appeals to both full-service end-users and investors seeking income-generating opportunities. As vertical construction continues toward the upper tiers, Okan Tower is set to redefine the submarket's luxury landscape and skyline profile.
Frequently Asked Questions (FAQs)
What is the current construction progress of Okan Tower?
The building has reached floor 48 of its planned 70 stories, completing about 70% of its total vertical height.
Where is Okan Tower located?
The project is situated at 555 North Miami Avenue in the heart of Downtown Miami.
How tall will the building be when finished?
Okan Tower will reach a final height of 902 feet, making it the second-tallest building in the state of Florida.
What types of units are available in the project?
The tower includes 316 Hilton hotel rooms, 236 condo-hotel units managed by Hilton, and 163 private Sky Residences.
What major amenities will be included?
Residents and guests will have access to over 80,000 square feet of amenities, including a flagship Equinox fitness center.
When is the estimated completion date?
Okan Tower is currently on track to be completed in 2027.