MIAMI | Okan Tower | 893 FT | 70 FLOORS - Page 12

ChiND · #**221** Posted **Jun 10, 2024, 6:37 PM**

Quote:

Originally Posted by Zapatan

That'd be a shame about Waldorf if true.

Can't the buyers sue for their deposits back or were they really taking that much of a risk?

If the developers file for bankruptcy, I suspect that all of the deposited funds will have been spent. In that case, the buyers can only file bankruptcy claims.

montanamiami · #**222** Posted **Jun 11, 2024, 2:05 AM**

Quote:

Originally Posted by ChiND

If the developers file for bankruptcy, I suspect that all of the deposited funds will have been spent. In that case, the buyers can only file bankruptcy claims.

Uhh, this is a little scary..!!!!

BrickellBased · #**223** Posted **Jul 19, 2024, 7:22 PM**

There must have been some kind of activity on site because these yellow forms on the west side of the site were not there previously when I was last there June 4.

But generally speaking, this is microscopic progress for one month.

Compare July 14, 2024

to June 4, 2024

Dale · #**224** Posted **Jul 20, 2024, 1:05 AM**

Labor shortage ?

BrickellBased · #**225** Posted **Jul 20, 2024, 1:33 AM**

Here's another comparison from the east part of the site.

It does look like some concrete was poured.

So I'm not sure if the site became active for like a day and the stopped, or it just recently became active.

I'll stop by again in the not so distant future to make a deduction.

July 12, 2024

June 4, 2024

montanamiami · #**226** Posted **Jul 22, 2024, 4:34 PM**

you are right, this is a microscopic progress for a couple of moths due to as I heard only 7-8 people is working at construction site.
I think the main problem of this project is financial.
home prices are dramatically falling in Florida and Miami.
real estate is not the most profitable way of investing money anymore.

Altoic · #**227** Posted **Jul 30, 2024, 1:52 AM**

July 27th.

https://www.linkedin.com/posts/jacob...member_desktop

colemonkee · #**228** Posted **Jul 30, 2024, 10:46 AM**

Here we go! May not be flying, but that's progress.

BrickellBased · #**229** Posted **Jul 30, 2024, 11:35 AM**

Workers on site is better than workers not on site.

Quote:

Originally Posted by colemonkee

Here we go! May not be flying, but that's progress.

Dale · #**230** Posted **Aug 7, 2024, 6:48 PM**

Apparently full speed ahead, notwithstanding the doommongering

Dale · #**231** Posted **Aug 18, 2024, 12:17 PM**

https://floridayimby.com/2024/08/con...own-miami.html

Altoic · #**232** Posted **Sep 8, 2024, 2:05 AM**

Work now beginning on 2nd floor:

Via: https://www.linkedin.com/posts/bldup...member_desktop

BrickellBased · #**233** Posted **Sep 8, 2024, 3:08 AM**

This is great to see.

Quote:

Originally Posted by Altoic

Work now beginning on 2nd floor:

Via: https://www.linkedin.com/posts/bldup...member_desktop

wanderer34 · #**234** Posted **Sep 8, 2024, 5:10 PM**

Finally some progress!

chris08876 · #**235** Posted **Sep 14, 2024, 5:48 PM**

Credit: Ryan RC Rea

UrbanImpact · #**236** Posted **Oct 1, 2024, 6:05 PM**

Okan Tower ‘Averaging Floor Per Week Vertical Rise’
https://www.thenextmiami.com/okan-to...vertical-rise/
Okan Tower is now “averaging a floor a week vertical rise,” according to contractor Jacob Companies.
________________________________________________________________________
They're on the 4th floor according to the photo in the link.

chris08876 · #**237** Posted **Oct 3, 2024, 8:23 AM**

Credit: Miami Condos

BrickellBased · #**238** Posted **Oct 4, 2024, 2:54 PM**

October 3, 2024

4 floors. They are cranking now.

Waldorf and Okan are both on the 4th floor.

Altoic · #**239** Posted **Oct 28, 2024, 3:14 AM**

https://www.linkedin.com/posts/serka...member_desktop

BrickellBased · #**240** Posted **Yesterday, 4:35 PM**

11/03/24

Looks like Floor 7 - being outpaced by Waldorf - but this footprint is larger.

Bonus shot of crane bump in progress.