Oct 13, 2016, 10:01am EDT
The developer hasn’t revealed the details of the proposed tower other than to say it would be 47-story tall, so it’s up to AS+GG to create the building. This will be the firm’s first project in Miami.
Other projects by the Chicago-based firm and its principals include Burj Khalifa in Dubia (the world’s tallest building), Jeddah Tower in Saudi Arabia (the world’s second-tallest building), and Wuhan Greenald Center in China.
“We are thrilled to be appointed for this project for OKO Group and to be designing AS+GG’s first Miami project,” said Adrian Smith. “We are impressed with OKO Group’s commitment to thoughtful design and quality construction and we look forward to creating a world-class building for them.”
In 2015, OKO Group paid $48 million for a 44-year-old condo building at 175 S.E. 25th Street, which is on Biscayne Bay just north of the Rickenbacker Causeway. After terminating the condo association, it plans to tear down the building and construct a luxury tower. Security Benefit Corp. provided a $34 million loan to the developer in February.
“Over the last two and a half decades I have built some of the tallest skyscrapers in Europe; a great synergy exists between Adrian Smith + Gordon Gill architects and OKO Group.” said Vladislav Doronin, Chairman and CEO of OKO Group. “This project, OKO Group’s second in our $1 billion pipeline of projects in Miami, further demonstrates our commitment to the City and the people of South Florida. I am personally looking forward to working closely with AS+GG as we transform the South Brickell skyline.”
OKO Group also plans to build the Missoni Baia condo in Edgewater. It is one of the few developers to launch condo sales this year, which has seen fewer sales for many new and existing condos in Miami.
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