Doronin’s OKO Group, through a land trust, closed on 6.7 acres south of the New River and Las Olas Boulevard, an area that has attracted a group of developers, property records show. OKO’s seven deals cover 27 parcels, including developer Dev Motwani’s site of the planned 629 Residences, a 34-story, 251-unit apartment building at 629 Southeast Fifth Avenue.
OKO Group, based in New York and Miami, is planning a mixed-use project on the assemblage.
Billionaire Michael Dell’s MSD Partners, OKO’s lender for 830 Brickell, provided a $33 million loan for the purchase.
This is fifth property Oko is to develop in South Florida-at this time Oko-has 830 Brickell office tower going vertical, Una residences construction moving forward in Brickell, Missoni Baia in Edgewater and new development for the Aman Hotel and Resort in Faena district Miami beach.
5801 S Dixie Hwy, South Miami, FL 33143, USA. The project is a four minute walk from the South Miami Metrorail Station. It will include an eight story building. The student housing development will have a total of 99 units with 326 beds. Each unit will be equipped with a private living room and kitchen.Read more