Oak Row Equities and OKO Group Close Largest Land Acquisition in Florida With $520 Million Waterfront Land Deal in Brickell

Oak Row Equities, a leading vertically-integrated real estate private equity and development company with over $4 billion of development in South Florida, OKO Group, the Miami-based development company founded by international investor and luxury real estate developer, Vlad Doronin, and Mariposa Real Estate have successfully completed the single largest land acquisition in Florida. The joint venture closed on the $520 million purchase of Aimco’s 4.25-acre waterfront parcel—located at 1001 and 1111 Brickell Bay Drive—with 485 feet of continuous Biscayne Bay frontage.

TYKO Capital is the senior lender, providing a $464.5 million acquisition and predevelopment loan. Positioned in the heart of Miami’s Brickell financial district, the overall site is zoned for over three million square feet of development, allowing for multiple towers that can rise up to 1,049 feet. The assemblage, the largest and last remaining developable site of this scale in Brickell, will feature an ultra luxury destination that redefines the future of holistic living and leisure. The first phase of development will feature a hotel and branded condominiums.

“Closing on Brickell Bay Drive is a historic moment for our growing firm—a milestone that speaks to the caliber of our team—and for the future of Miami. We are honored to partner with OKO Group to create a globally-coveted experience and new way of living that is singular to this once-in-a-lifetime waterfront site,” said Erik Rutter and David Weitz, Managing Partners at Oak Row Equities. “Tyko Capital has been an incredible partner and a true pleasure to work with. Their financing is a powerful validation of the underlying fundamentals of this exceptional transaction, and we are grateful for their partnership and belief in the unprecedented growth ahead for South Florida.”

“This landmark acquisition represents a pivotal moment for Miami and reinforces OKO Group’s long-term commitment to elevating the city’s global profile,” said Vlad Doronin, Founder and CEO, OKO Group. “Brickell’s final remaining waterfront site of this scale provides a rare opportunity to create an iconic mixed-use development that will set a new benchmark for design, wellness, and luxury hospitality in the United States. We are pleased to collaborate with Oak Row Equities, whose vision and expertise align with our ambition to deliver enduring value and an unparalleled lifestyle experience for residents and guests on Biscayne Bay.”

Oak Row Equities has rapidly ascended as a preeminent development firm in the South Florida real estate industry. Wynwood Plaza, the largest mixed-use development in Wynwood, is home to Amazon’s South Florida headquarters and 509 brand new luxury rentals. Oak Row assembled the land for this project in the largest off-market transaction in Wynwood’s history.

2900 Terrace, a premier luxury multifamily tower in Miami’s vibrant Edgewater submarket, broke ground in October following the close of a $142.5 million senior loan from Bank OZK and a $68.0 million mezzanine loan provided by Canyon Partners Real Estate. 2600 Biscayne, a 41-story Class AAA office and multifamily tower in Edgewater and currently under construction, was funded by a $181M construction loan from Bank OZK with over 50% of the commercial space pre-leased.

Simultaneously, ORE is finalizing plans for First & Fifth, a brand new luxury multifamily tower designed by ODP Architects, that will rise across the street from MiamiCentral Station – the hub of all four major train systems in South Florida. ORE is also advancing permits for Venus, a 440-unit multifamily project in North Miami Beach.

OKO Group builds on the formidable expertise of Doronin, one of the most successful and respected international developers, and his peerless track record in constructing world-class office, retail and luxury residential space over a total of 82 buildings.

OKO Group’s current U.S. portfolio of prime properties and development projects include 830 Brickell, a Class A-plus office tower in Miami’s Brickell Financial District; two luxury residential developments in Miami, Missoni Baia in Edgewater and Una Residences in Brickell; Aman Miami Beach, spanning two oceanfront buildings at 3425 Collins Avenue; the Crown Building in New York City, which opened in 2022 as Aman New York at the crossroads of Fifth Avenue and 57th Street; and One Beverly Hills, a 17.5-acre multi-billion dollar master planned development in partnership with Cain International which will include Aman Beverly Hills which will encompass an Aman hotel, branded residences, and a private club.

OKO Group and The Bastion Collection Partner To Introduce 'Seia', A New Hospitality Concept Atop 830 Brickell

OKO Group, the international real estate development firm founded by investor and developer Vlad Doronin and The Bastion Collection, a global leader in fine dining and luxury hospitality with a portfolio distinguished by 10 Michelin Stars and 3 Michelin Keys since 2019, have revealed a landmark partnership atop 830 Brickell, Miami’s premier 55-story Class A office tower.

The first building of its kind to be developed in the city for over a decade, 830 Brickell is a fitting home for the collaboration between OKO and Bastion who will bring a distinctive blend of business sophistication and vibrant social energy to Miami’s culinary landscape—filling a necessary niche in the city. The debut concept from the partnership introduces Seia, a contemporary Italian restaurant and private membership club located on the highest two floors of the tower (54th and 55th), complete with an expansive open terrace and panoramic views over Miami’s bustling financial district.

The two intrinsically connected yet distinct spaces, with interiors designed by Zervudachi, Roberts and Macadam London, will launch in 2026, complemented by an exclusive all-day café available to 830 Brickell tenants. Developed by OKO Group and Cain International, the newly delivered contemporary office tower brings a prestigious commercial offering to Miami’s Brickell Financial District – often referred to as the “Wall Street of the South.” The fully-leased building’s roster of best-in-class global tenants includes Microsoft, Citadel, Kirkland & Ellis, Marsh, Sidley Austin, Corient (formerly known as CI Financial), Thoma Bravo, Santander Bank, A-CAP, among others.

A distinguished partner to bring a refined hospitality offering to the area, The Bastion Collection’s stellar reputation in Miami is underscored by two acclaimed restaurants in the Design District: L’Atelier de Joël Robuchon, the city’s sole two-Michelin-starred establishment, and Le Jardinier, honored with one Michelin star.

Speaking about the collaboration, Vlad Doronin, Chairman and CEO of OKO Group, said, "With 830 Brickell, we set out to deliver an international calibre of architecture and lifestyle to the heart of Miami's financial district. Partnering with The Bastion Collection to develop Seia and Seia Club elevates that vision and introduces a new benchmark for culinary and exclusive social experiences in the city. Together, we are creating a destination that reflects Miami's global stature, bringing a new dimension of sophistication and world-class gastronomy to Brickell.’

“We’re proud to partner with premier developer OKO Group on Seia, which we know will become a crown jewel within the iconic 830 Brickell,” said Jamal Daniel, owner of The Bastion Collection. “This project is an extraordinary opportunity to bring our culinary and operational expertise to Miami’s most prestigious address, introducing concepts designed to evolve into institutions that serve Brickell’s corporate clientele by day. By night, Seia will become a destination for those seeking an elevated social experience.”

Images via The Bastion Collection

OKO Group Commences Vertical Construction at Aman Residences, Miami Beach

Following extensive below-grade piling, excavation work and construction from OKO Group and Access Industries’, Aman Residences, Miami Beach, will commence vertical construction. With the development’s foundation system now complete, general contractor Suffolk is now progressing skyward with approximately one floor set to be completed every two weeks through top-off in early 2026. Delivery of the fully committed 18-story residential tower, designed by renowned architect Kengo Kuma, remains on track for 2027.

Located at 3425 Collins Avenue, Aman Miami Beach will blend ultra-luxury amenities and residential offerings within Miami Beach’s Faena District. The tower will feature 22 Aman-branded residences alongside the preserved historic Versailles Hotel, which will host 56 hotel rooms, designed by the acclaimed Jean-Michel Gathy of Denniston, a long-time interior and architecture collaborator with Aman.

“With the foundation of Aman Residences, Miami Beach nearing completion, we’re entering a pivotal stage in the project as the structure begins to rise visibly above grade,” said Alan Chun, Chief Operating Officer of OKO Group. “This momentum builds on Aman’s record-setting residential sell-out, with the development poised to elevate Miami Beach as a world-class destination for design, wellness, and luxury living.”

The start of vertical construction follows intensive groundwork, including the creation of a two-level underground parking structure – an engineering feat made possible through advanced Deep Soil Mixing and Triple Soil Mixing techniques. These methods stabilized the beachfront site’s soil and mitigated groundwater intrusion, enabling the installation of the building’s foundation system.

“Suffolk is honored to help bring this exceptional project to life,” said Tom Thrasher, General Manager of Suffolk’s Florida East Coast. “The prestige of the Aman brand and the design pedigree of Kengo Kuma make this one of the most exciting builds in the history of Miami Beach. We are thrilled to leverage our cutting-edge technologies, data, and AI solutions to deliver an exceptional experience and project that will exceed expectations and help redefine how iconic projects are built.”

Designed by celebrated Japanese architect Kengo Kuma, Aman Residences, Miami Beach, embraces a minimalist aesthetic that combines angular lines and soft, undulating forms. It draws on Japanese materials and motifs while respecting Miami Beach’s Art Deco heritage. Kuma’s design introduces fluid transitions between interior and exterior spaces, creating a structure that is both visually striking and harmonious with the surrounding landscape.

Images via OKO Group/Access Industries

For more information about Aman Residences, Miami Beach or to inquire about purchasing a unit please fill out the form below:

OKO Group and Tao Group Hospitality To Launch 'Miami Members Hospitality' Joint Venture

OKO Group, the international development firm founded by international investor and real estate developer Vlad Doronin, and Tao Group Hospitality, led by Co-CEOs Noah Tepperberg and Jason Strauss, have announced a joint venture to introduce Miami Members Hospitality. Born from the relationship between Doronin and Mohari Hospitality, the global investment firm that owns Tao Group Hospitality, the two leading forces in the real estate and hospitality industries will partner together on one shared vision.

Miami Members Hospitality’s first venture will consist of a Mediterranean restaurant and club which features a private members-only lounge, expected to open in 2025. Located atop 830 Brickell, a 724-foot-tall architectural icon designed by Adrian Smith + Gordon Gill Architecture, the restaurant and the club will offer complementary concepts providing a refined experience catered to business professionals and residents of this evolving district.

"This partnership represents a true meeting of minds between two organizations that share a vision for redefining luxury hospitality on a global scale. Miami, with its dynamic international appeal, and 830 Brickell, the city’s prestigious office tower and symbol of excellence, fully leased by some of the world’s leading finance, technology and professional services firms, is the perfect setting for the first collaboration. Together with Tao Group Hospitality, we will craft an elevated experience that resonates with the district’s dynamic spirit and sets a new standard for the city and beyond,” said Vlad Doronin, Chairman and CEO of OKO Group.

“Miami is a world-class destination, and we are excited to further expand our presence in this vibrant market,” said Noah Tepperberg, Co-CEO of Tao Group Hospitality. “This collaboration with OKO Group allows us to build on our success in Miami, introducing premier dining and social experiences, and solidifying 830 Brickell as a key hub for the city’s business and cultural leaders.”

Developed by OKO Group and Cain International, 830 Brickell is a newly delivered contemporary office tower that brings a prestigious commercial offering to Miami’s Brickell Financial District – often referred to as the “Wall Street of the South.” 830 Brickell’s roster of best-in-class global tenants includes Microsoft, Citadel, Kirkland & Ellis, Marsh, Sidley Austin, Corient (formerly known as CI Financial), Thoma Bravo, Santander Bank, A-CAP, among others.

830 Brickell is part of an extensive portfolio of leading projects being delivered across South Florida by OKO Group and Cain International Their joint ventures include both luxury residential and commercial properties, such as Una Residences, a luxury condominium under construction in Miami’s Brickell enclave; Missoni Baia, a recently completed luxury condominium in Miami’s Edgewater neighborhood; and One River, a rental condominium in Downtown Fort Lauderdale.

The joint venue with OKO Group follows the success of Tao Group Hospitality’s latest Miami venture, Casadonna, a Coastal Italian-inspired waterfront restaurant developed in partnership with Groot Hospitality. Tao Group Hospitality is a global leader in premium hospitality, operating over 80 branded locations in over 20 markets. From world-class cuisine, including Michelin-starred restaurants, to award-winning nightlife and globally renowned daylife, Tao Group Hospitality’s widely recognized brands include TAO, Hakkasan, Crane Club, OMNIA, Marquee, LAVO, Beauty & Essex, Yauatcha, Cathédrale, Ling Ling, Little Sister, The Highlight Room, Sake No Hana, Jewel, and more.

OKO Group & Cain International Complete Fully-Leased 830 Brickell Class A+ Office Tower

Construction of 830 Brickell, the Class A+ office tower that elevated Miami’s position as a destination for some of the world’s largest finance, technology, and professional services firms, has officially been completed after receiving its full Temporary Certificate of Occupancy (TCO) from the City of Miami. 830 Brickell’s TCO allows for all of the building’s tenants to now begin buildouts and take occupancy of their spaces, while construction crews continue putting the finishing touches on the interior common areas and amenity spaces, which are expected to be ready within months.

The 57-story tower, developed by OKO Group and Cain International, is the first stand-alone Class A+ office tower to be built in Miami’s Brickell Financial District in over a decade. The fully leased building has emerged as the home base for new-to-market firms arriving in Miami, with more than 90 percent of the building’s tenants establishing their first office in Miami. Since its 2020 launch, average rents at the building have more than tripled – from $60-70/square foot, to nearly $200/square foot.

830 Brickell’s roster of best-in-class financial, technology, professional services firms and other global companies includes Microsoft, Citadel, Kirkland & Ellis, Marsh Insurance, Sidley Austin, CI Financial (Corient), Thoma Bravo, Santander Bank, A-CAP, among others. About 20% of the building is currently occupied and operational, with the remainder of tenants slated to complete their individual build-outs and open for business by the end of the year.

“As the only office tower of its caliber in the market, we are delighted to announce that 830 Brickell has successfully secured full TCO. The building has been a catalyst for the migration of business to South Florida, becoming the headquarters for the world’s leading finance, technology and professional services firms, and boosting an office market that continues to outperform other major cities. This achievement marks a major milestone for Miami as a city and as a global business destination,” said developers Vlad Doronin, Chairman and CEO of OKO Group, and Jonathan Goldstein, CEO of Cain International.

Since construction of 830 Brickell launched in 2020, the tower’s average leasing rates have more than tripled, setting pace for an office market that continues to outperform other major cities.

830 Brickell was designed by renowned architecture firm Adrian Smith + Gordon Gill, with interiors by Italian architecture and design company Iosa Ghini Associati. The tower’s amenities will include a Mediterranean restaurant with an outdoor terrace, and bar / private club on the top floor showcasing expansive views of the City and Biscayne Bay, a world-class health and wellness center, conferencing facilities, an outdoor terrace, cafeìs and street-level retail. Multiple transit options are nearby, including Metrorail and Metromover, the Brightline, walking paths, cycling lanes and bay access points. Additionally, some of Miami’s top residential and lifestyle-driven neighborhoods are situated just minutes away, such as Miami’s Design District, Wynwood, Edgewater and Miami Beach.

830 Brickell is part of an extensive portfolio of best-in-class offerings being delivered across South Florida by OKO Group and Cain International. The portfolio, encompassing both luxury residential and commercial spaces, also includes Una Residences, a luxury condominium under construction in Miami’s Brickell enclave; Missoni Baia, a newly delivered luxury condominium in Miami’s Edgewater neighborhood; and One River, a rental condominium in Downtown Fort Lauderdale.

OKO Group and Cain International’s partnership further extends to One Beverly Hills, a 17.5-acre mixed-use urban destination master planned by Norman Foster. The development will mark the introduction of Aman’s inaugural urban resort and Aman Branded Residences to the West Coast of North America, designed by Kerry Hill Associates, featuring a limited number of Aman residences, an Aman Hotel, and an exclusive Aman Club.

FIRST ON PROFILE: OKO Group and Cain International Top Off Bayfront Una Residences in Brickell at 47 Stories

Construction of Brickell’s first waterfront residential development in over a decade, Una Residences, has completed vertical development and “topped off” at 47 stories. The ultra-luxury project, situated at 175 NE 25th Road within Miami’s picturesque and private South Brickell enclave, is being developed by OKO Group and Cain International. Construction is expected to complete in early 2025.

Designed by world-renowned architects Adrian Smith + Gordon Gill (AS+GG), Una Residences comprises 135 spacious condominiums with unobstructed views of the Atlantic Ocean, Key Biscayne, and the Downtown Miami skyline.

The construction milestone comes amidst South Florida’s recent business and wealth migration trend which has driven steady pre-sales to the tower, now nearly sold-out. In 2022, Una’s two upper tri-level penthouses sold for $17.75 million each – a price point which still stands today as the highest recorded condominium sale in Miami’s Brickell submarket. A handful of residences remain available for purchase priced from $4.4 million to $10 million.

“This marks a pivotal moment for our team, as we introduce a one-of-a-kind building to the Brickell City skyline. With its yacht-inspired aesthetics, world-class amenities, and a prime waterfront location, Una Residences offers a luxury living experience unique to the South Florida market. This exceptional combination has enabled the project to command market-leading premiums in Miami and set a new standard for luxury residences in Brickell,” said developers Vlad Doronin, Chairman and CEO of OKO Group, and Jonathan Goldstein, CEO of Cain International, in a joint statement.

Residences range from two- to five-bedroom units measuring between 1,100 to 4,786 square feet. Una’s two ultra-exclusive upper tri-level penthouses measure approximately 7,089 square feet with an additional 2,871 square feet of outdoor terrace and rooftop space, with each residence boasting two private pools, a summer kitchen, sauna, and steam room.

Amenities at the boutique-style tower will complement Miami’s outdoor lifestyle, including a private marina, three swimming pools, a children’s splash-pad area and playroom, a movie theater, a resort-inspired spa and steam room, a state-of-the-art fitness center featuring yoga and personal training facilities, onsite dining, and more. Una’s amenities will also extend beyond the property, as residents will receive exclusive membership to the Grand Bay Club on the beachfront of Miami’s Key Biscayne.

Una Residences is part of an extensive portfolio of best-in-class offerings being delivered across South Florida by OKO Group and Cain International. The portfolio, encompassing both luxury residential and commercial spaces, includes Missoni Baia, a newly delivered luxury condominium in Miami’s Edgewater neighborhood; 830 Brickell, a class A-plus office tower nearing completion in Miami’s Brickell Financial District; and One River, a luxury multifamily tower under construction in Downtown Fort Lauderdale.

Cain International and OKO Group’s partnership further extends to One Beverly Hills, a 17.5-acre mixed-use urban destination master planned by Lord Norman Foster. The development will mark the introduction of Aman’s inaugural urban resort to the West Coast of North America, featuring a limited number of Aman residences, an Aman Hotel, and an exclusive Aman Club.

Separately, OKO Group, the U.S. development firm founded by Aman’s CEO and Chairman Vlad Doronin, is also developing Aman Miami Beach, which encompasses a restored Art Deco hotel and a newly constructed Kengo Kuma-designed Aman-branded residential tower, now under construction along the oceanfront.

Images via GoldenDusk Photography

Global Financial Services Firm Rothschild To Open Miami Office At 830 Brickell

Global financial services company Rothschild & Co. will open a Miami office at 830 Brickell after leasing space at OKO Group and Cain International’s premier Class A+ office tower which is nearing completion in the city’s Brickell Financial District. Rothschild & Co. is one of the world's largest independent financial advisory groups, employing 3600 people in 40 countries across the world.

The deal marks a continuation of the influx of new-to-market companies to South Florida, with many firms opting to take space at 830 Brickell. The 640,000-square-foot project, which is over 90%, is slated for completion this year. It will be the first new standalone office tower in Brickell in more than a decade.

Brian Gale and Andrew Trench led the Cushman & Wakefield team that represented the developers in the deal. Scott Quick and Alan Wildes, also of Cushman, represented the tenant.

"The ownership behind 830 Brickell in Miami has completed a 5,000 square foot lease with global financial firm Rothschild & Co. Rothschild becomes the latest new-to-market firm to join a roster of best-in-class tenants that will move into the building upon delivery this year. With more than 90 percent of 830 Brickell’s tenants being new to the Miami market, the tower has solidified its position as the address of choice for inbound firms spanning banking and finance, technology, and law and professional services.”

Rothschild will join a roster of world-leading companies at the building, including Microsoft, financial services company Citadel, international law firms Kirkland & Ellis, Sidley Austin, Winston & Strawn LLP and Baker McKenzie, New York-based insurance firm A-CAP, private equity firm Thoma Bravo, CI Financial, Marsh Insurance, AerCap and others.

830 Brickell will feature spectacular only-in-Miami panoramic ocean and city views, floor-to-ceiling windows, column-free spans, state-of-the-art digital infrastructure with Wired certification and a LEED Silver certification due to its progressive environmentally efficient design. The tower offers tech-forward, first-class amenities including an upscale rooftop restaurant and bar, a sky lobby with a nearly 2,500 SF health and wellness center and first-class conference facility, a 14th floor outdoor terrace designed by Enea Landscape Architecture, valet parking, electric vehicle charging stations, cafés and white-glove customer service including a 24-hour concierge.

International Law Firm Kirkland & Ellis Inks 115K SF Lease At OKO Group and Cain International's 830 Brickell

Kirkland & Ellis, one of the largest law firms in the U.S., will open a Miami at 830 Brickell, the Class A+ tower nearing completion in the city’s Brickell Financial District. The firm signed a six floor, 115,000 square-foot lease at the tower, the largest new-to-market office lease signed in Miami in 2022. The 55-story tower, developed in partnership by OKO Group and Cain International, will be 100% leased ahead of its delivery in early 2023.

Kirkland joins the roster of world-leading professional services firms and other global companies at the building, which has become the address of choice for new-to-market firms looking to plant their flag in Miami. International law firms Sidley Austin, Winston & Strawn LLP and Baker McKenzie recently signed leases at 830 Brickell and will occupy a combined 100,000-plus square feet of space. Other blue-chip tenants that have announced plans to open offices at 830 Brickell include Microsoft, financial services company Citadel, New York-based insurance firm A-CAP, private equity firm Thoma Bravo, CI Financial, Marsh Insurance, AerCap and others.

“When OKO Group and Cain set out to develop 830 Brickell, Miami was on the way to becoming a global destination for professional services, finance and technology firms. Today, the city is a vital business hub, with 830 Brickell serving as a catalyst for international companies moving here,” said Vlad Doronin, Chairman and CEO of OKO Group, and Jonathan Goldstein, CEO of Cain International. “The arrival of Kirkland & Ellis, along with the building’s other blue-chip tenants, has solidified 830 Brickell as one of the most desirable office towers in the United States and underscores the strength of the Miami market.”

830 Brickell’s ownership was represented by Cushman & Wakefield’s Brian Gale, Ryan Holtzman and Andrew Trench. Kirkland & Ellis was represented by Neil Goldmacher, Mitchell Millowitz and Ryan Rosalsky of Newmark, and Kevin Kushner of CBRE.

“830 Brickell is the only Class A-plus office building in Miami history to be fully pre-leased ahead of its completion, with the majority of its tenants being major new-to-market corporations. Global companies like Kirkland & Ellis, Microsoft and Citadel are changing the face of Miami’s business landscape and they’re looking to 830 Brickell as their home in one of the world’s most dynamic cities,” said Andrew Trench, Executive Director of Cushman & Wakefield.

830 Brickell was designed by renowned architecture firm Adrian Smith + Gordon Gill, with interiors by Italian architecture and design company Iosa Ghini Associati.

The tower’s amenities will include a rooftop bar/lounge and restaurant – with menus developed alongside a three-Michelin-starred chef – showcasing expansive views of the City and Biscayne Bay, a world-class health and wellness center, conferencing facilities, an outdoor terrace, cafeìs and street-level retail. Multiple transit options are nearby, including Metrorail and Metromover, the Brightline, walking paths, cycling lanes and bay access points. Additionally, some of Miami’s top residential and lifestyle-driven neighborhoods are situated just minutes away, such as Miami’s Design District, Wynwood, Edgewater and Miami Beach.

Tri-Level Penthouse at Una Residences Sets Brickell Record With $17.75 Million Sale As Vertical Construction Passes Fifth Level

An upper tri-level penthouse atop OKO Group and Cain International’s Una Residences in Miami has sold for $17.75 million, a record sales price for the City’s Brickell submarket. The 7,084-square-foot residence, sold at $2,506 per square foot, also stands as the highest price per square foot deal in the City of Miami. Una's upper penthouse residence was purchased by a domestic buyer seeking a secondary home in Miami amidst South Florida’s recent business and wealth migration trend – which has driven steady sales to the tower, which is currently over 80% sold. Situated at 175 NE 25th Road within Miami’s picturesque and private South Brickell enclave, the 47-story development will be the first waterfront residential tower to deliver in the Brickell Financial District in over a decade upon its completion in 2024.

Designed by world-renowned architects Adrian Smith + Gordon Gill (AS+GG), Una Residences will comprise 135 spacious condominiums with unobstructed views of the Atlantic Ocean, Biscayne Bay, and the Downtown Miami skyline. Vertical construction is currently underway, with crews having recently surpassed the tower’s fifth level and now constructing residence levels.

“The unprecedented sales momentum at Una Residences is representative of the solid dynamics backing Miami’s luxury real estate market and reaffirms our belief in the region as an increasingly important player in the U.S. and on the global stage,” said Vlad Doronin, Chairman and CEO of OKO Group, and Jonathan Goldstein, CEO of Cain International. “We continue to see strong levels of domestic and international interest as market leaders establish a base in the city and anticipate this trend to progress as Miami continues its growth as a world-leading hub for businesses, hospitality, and residential living."

Una’s three-story penthouse – located on levels 45 through 47 of the building – measures approximately 7,084 square feet of interior space, with an additional 2,871 square feet of outdoor terrace and rooftop space. The expansive unit includes six bedrooms, seven bathrooms, and features a media room, study, and private internal elevator accessing all three floors of the residence. Additionally, the triplex penthouse features two private rooftop pools – a lap pool and plunge pool – with a summer kitchen, sauna and steam room.

The penthouse will be delivered fully finished and include over 12-foot-high ceilings, private elevator entry, premium finishes and fixtures, and panoramic 180-degree vistas of the expansive Brickell waterfront.

Amenities at the boutique tower will complement and enhance Miami’s desirable outdoor lifestyle, including a private marina, three swimming pools, a children’s splash-pad area and playroom, a movie theater, a resort-inspired spa and steam room, a state-of-the-art fitness center featuring yoga and personal training facilities, onsite dining, and more. Una’s amenities will also extend beyond the property, as residents will receive exclusive membership to the Grand Bay Club on the beachfront of Miami’s Key Biscayne.

Una Residences is OKO Group and Cain International’s latest residential tower in South Florida. The successful joint venture between the two companies has another three developments under construction, including Missoni Baia, a luxury condominium in Edgewater; 830 Brickell, a class A-plus office tower in the Brickell Financial District; and One River, a multifamily tower in Downtown Fort Lauderdale.

Ken Griffin Expands Brickell Holdings As Citadel Leases 95,000 SF At 830 Brickell

The multi-billionaire hedge fund magnate Ken Griffin, who founded the Chicago-based Citadel Securities, has continued to expand his Brickell portfolio while Citadel signed a lease for 95,000 SF at OKO Group’s 830 Brickell office tower. Griffin announced earlier this year that both Citadel and Citadel securities will move to Miami from Chicago. Through an entity Griffin acquired acquired the adjacent 1250 Brickell Bay Drive and 1260 Brickell Bay Drive for $20 million, the lots total roughly 6,655 SF. The lots are adjacent to 1221 Brickell Avenue, which an entity tied to Citadel reportedly acquired in June 2022 for $286.5 million.

The assemblage of properties spanning from 1221 Brickell Avenue to 1250-1260 Brickell Bay Drive is across the street from 1201 Brickell Bay Drive, which Citadel was revealed as the buyer of after Tibor Hollo’s Florida East Coast Realty sold the 2.5 acre supertall development lot in a $363 million mega-deal also in April 2022. The price equated to $145 million per acre, $3,340 PSF dirt value. Citadel is planning to develop the property with the Chicago-based developer Sterling Bay.

The lease signing at 830 Brickell comes following the news of developers OKO Group and Cain International buying WeWork out of their 146,000 square foot lease covering 10-floors. WeWork was one of the first to sign a major lease at the Class A office tower in 2019 which was set to become their largest location Florida. Rents at 830 Brickell are now in excess of $125 PSF, representing a 42% rise year-over-year. Other top-tier office users who have signed leases at 830 Brickell include Microsoft, international law firm Sidley Austin LLP, New York-based insurance firm A-CAP, private equity firm Thoma Bravo, CI Financial, Marsh Insurance, AerCap, and others.

The news comes as the Miami office market continues to boast one of the lowest vacancy rates with absorption faring better than other competing markets across the U.S, according to the Miami Downtown Development Authority’s 2021 Office Market Report. In fact, Downtown Miami was the only major urban office market in the country to achieve net-positive absorption in 2021.