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Miami Mayor Francis X. Suarez led a panel discussion on Downtown Miami’s renaissance on Jan. 24 at Okan Tower, Downtown’s newest mixed-use megaplex.
Moderated by Carmen Casadella, vice president of Development Sales at Fortune International Group, and headlined by Bekir Okan, owner and chair of the board of directors of Okan Group, developer of Okan Tower; Kasim Badak, CEO of Okan Group, developer of Okan Tower, and Edgardo Defortuna, president and CEO of Fortune International Group, a panel discussion on “The New Miami – An Inside Look at the Growing Downtown Neighborhood” was conducted.
More than 75 of Miami’s leading brokers attended, with hundreds of others joining by livestream. Topics ranged from how Miami is now No. 1 in the country for tech job growth and migration, and how it has seen a 200 percent year-over-year growth in completing tech deals.
The panel noted that Miami now is poised to overtake San Francisco should the momentum continue and highlighted how the city has become the “capital of capital,” the epicenter of where capital allocation decisions are going to be made and where the companies of tomorrow are going to be formed.
Defortuna, whose company exclusively manages sales and marketing for Okan Tower, weighed in, adding Miami is not just the city of the future but also the “City of the Present.”
“Everybody wants a piece of Miami now, and it’s no longer just about waterfront property,” he said.
With people from all over the country relocating to Miami, real estate prices are soaring to new levels. Mayor Suarez said it’s a supply and demand issue and enthusiastically endorsed the importance of Okan Tower’s impact on the city’s skyline. The 70-story architectural masterpiece is set to break ground this summer, and will be anchored by Hilton Hotel & Residences.
The project will present 163 Sky Residences with exclusive owners-only amenities, 236 Condo-Hotel Residences, a Hilton Hotel & Residences with endless amenity and entertainment areas, and Class A Office Space — all accessible by separate elevators for Sky Residence owners and Condo-Hotel owners and hotel guests. The sales gallery is located at 542 N. Miami Ave. Pricing starts from $387,000 for the Condo-Hotel Residences and $587,000 for the Sky Residences. For more information, call 305-600-1000.
