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Old November 2nd, 2015, 10:21 AM   #1
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MIAMI | 175 SE 25th Rd. | 152m | 500ft | 48 fl | Pro

Russian Developer Buys Brickell Property For $48 Million, Plans 48-Story Tower

An 11-story condo building in Brickell will be demolished to make way for a 48-story tower after being sold.

Miami Waterfront Ventures, LLC, a division of OKO Group, paid just under $48 million for the 25 Bay Tower condo building. That equated to an average price of about $800,000 for each unit in the 60-unit building, which was built in 1971.

The property is about an acre, and has 150 feet on Biscayne Bay. It is located at 175 S.E. 25th Road.

OKO Group has a history of working with world-class architects, and is planning a 48-story tower, according to CBRE, which brokered the deal.


*Height is a placeholding estimate.
We are floating in space...

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Old November 2nd, 2015, 11:13 PM   #2
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This same developer is also planning a 646 footer nearby on 700 Northeast 26th Terrace.

Recently this was imploded to make way for it.

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Old November 3rd, 2016, 10:09 PM   #3
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Adrian Smith + Gordon Gill to Design Luxury Miami Tower
The world's tallest building, Dubai's Burj Khalifa, was designed by Adrian Smith of Skidmore, Owings and Merrill Chicago. In the years since that career-defining achievement, the visionary architect departed SOM offices with peers Gordon Gill and Robert Forest, forging their own successful practice in 2006 that has quickly gained a reputation for imaginative and sustainable design. Their expertise and ambitious concepts have brought them to Jeddah, where Adrian Smith is outdoing himself in designing the next tallest building in the world. But the firm is now swapping desert landscapes with breezy beaches, having been recently appointed to a property fronting Biscayne Bay in Miami, where OKO Group — itself rapidly becoming a household name in the city's development scene — is planning a 47-storey luxury condominium development.
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175 se 25th rd., brickell, miami, oko group

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