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.
Developer Carlos de Narváez is moving forward with his $100 million luxury auto club project, Drivers Club Miami.Read more
The 2 -acre site was bought out for $1 million last year and is already getting ready to go up!The three-story, 54,300-square-foot building would be built on a 2-acre site. The units would each have two bedrooms and two bathrooms. Rents are expected to be about $1,645 a month. Global One Investment Group is the developer of the property.Read more
Beachside Residences brings a new brand of modern elegance and luxury living to Hollywood Beach. This boutique condominium of just 36 units features a minimalistic design and breathtaking views of the Atlantic Ocean and the Intracoastal Waterway.Read more
We have been writing about this future project for a while now, its offically out in the press! It will be the highest tower in Sunny Isles Beach reaching 749-feet with more than 60-stories!Read more