OKO Group and Cain International’s Missoni Baia tower in Miami is one step closer to completion after topping out at 57 stories, 649’. The Missoni-branded luxury condominium is designed by Asymptote Architecture, led by Hani Rashid, and is located at 777 NE 26th Terrace along Biscayne Bay.
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Una Residences by OKO Group and Cain International.
OKO Group and Cain International Complete $74 Million in Condo Sales Since the Start of the New Year at Miami’s Missoni Baia and Una Residences
Miami’s newest luxury condominium towers are tapping into a surge of domestic buyers fueled by the city’s desirable quality of life, lower business and living expenses, and Florida’s tax-friendly policies.
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Construction On Missoni Baia Passes Halfway Point Milestone In Edgewater, On Track For 2021 Delivery
Vertical construction on Missoni Baia, a 57-story waterfront glass tower now rising along Biscayne Bay at 777 NE 26th Terrace in Miami’s Edgewater neighborhood, has reached the milestone halfway mark. The building’s general contractor, Civic Construction, has completed the skyscraper’s 28th floor, with about one full level expected to be completed every week going forward until top-off in March 2021.
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OKO Group Reveals New Townhome Collection At Missoni Baia In Edgewater
Miami-based OKO Group has revealed their new townhome collection at Missoni Baia in Miami’s Edgewater neighborhood. The 57-story waterfront tower is currently under construction rising alongside Biscayne Bay. Missoni Baia’s two-story townhomes will provide buyers with the best of both worlds, the feeling of life in a waterfront home and the amenities of a luxury condominium.
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OKO Group's Vladislav Doronin Buys Fort Lauderdale Assemblage for $63 Million
A land trust controlled by OKO Group’s Vladislav Doronin, a billionaire real estate developer from Russia who is now has headquarters in New York and Miami, has acquired a 6.7 acre assemblage in Fort Lauderdale for $63 million.
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Vanessa Grout Named CEO of OKO Group’s New Venture
Vanessa Grout has been named the CEO of OKO Real Estate, a new venture to expand the sales and marketing capabilities of Vladislav Doronin’s OKO Group. OKO Group currently has four projects under construction in Miami, including Una Residences and Missoni Baia, and another project under construction in Manhattan.
Read MoreMissoni Baia Completes Foundation With Second Concrete Pour
The second part of Missoni Baia’s foundation was recently completed by joint venture partners Civic Construction and Ant Yapi. Over the course of 17 hours, starting at 3 a.m., 3,900 cubic yards of concrete and 810 tons of rebar (the weight of approximately 65 school buses) was poured. This completed the mat foundation for the project.
Check Out The Construction At OKO Group's Missoni Baia Where Vertical Rise Has Now Passed The 6th Floor
Construction is rapidly progressing at the Missoni Baia site in Edgewater where the parking garage has reached three quarters of its full height since construction teams completed the sixth floor. The tower first went vertical in September 2018 and broke ground in October 2017.
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Construction At OKO Group's Missoni Baia Goes Vertical In Edgewater
OKO Group, the Miami-based development company founded by international real estate magnate and hotelier, Vladislav Doronin, has announced that the foundation work for Missoni Baia is now complete and construction crews have taken the tower vertical.
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Nukondo: Capturing the International Buyers Market in Miami
South Florida has and continues to be a hotbed for international buyers, according to the 2017 Survey conducted by the Miami Association of REALTORS. Foreign buyers purchased 15,400 residential units (between August 2016 - July 2017), totaling over $7.2 billion in sales in the Miami-Dade, Broward, Palm Beach, and Martin counties.
A new real estate tech company called Nukondo is attempting to capitalize on this market segment. Their app provides a platform for real estate developers and new construction brokers to stay informed on the latest luxury projects. It standardizes and distributes this information globally, so that buyers and their agents can decide which condominium is most suited for their needs.
After three months of beta-testing, Nukondo has successfully on-boarded 72 of the most prominent projects in Miami such as One Thousand Museum, Missoni Baia, and Turnberry Ocean Club, with over 10,000+ units in inventory. “Our app helps developers expose their projects globally 24/7, allowing them to speed up sales and cut marketing costs,” says founder Jorge Brugo. “Be informed when you’re searching for that special new condominium and make sound buying decisions.”
Nukondo exposes international buyers to the Miami and Florida markets and directs them to a condominium sales team. In Miami, these international buyers are primarily coming from:
1. Argentina: 15%
2. Venezuela: 11%
3. Canada: 11%
4. Colombia: 9%
5. Brazil: 8%
The company will move into its full release once user feedback and content curation have been finalized. The company plans to scale beyond its pilot market of Miami, into other major U.S. and international metropolitan cities.
Article by: Katya Demina & Stephanie Warren