The Real Deal Miami

Vlad Doronin’s OKO Group opens Design District office

OKO has projects in Brickell and Edgewater

March 15, 2016 12:00PM
By Katherine Kallergis

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OKO Group's Miami office and Vlad Doronin

OKO Group’s Miami office and Vlad Doronin

Vladislav Doronin has set up shop in Miami.

The developer and investor’s OKO Group has opened an office in Miami’s Design District, a spokesperson told The Real Deal.

OKO Group is working on three developments in South Florida in the Brickell area and in Edgewater. The new office, at 4100 Northeast Second Avenue, has 15 employees and spans about 3,500 square feet. OKO leased the space a few months ago, according to a company spokesperson. The firm moved in in February, and no brokers were involved in the lease.

Back in October, a division of OKO paid nearly $48 million to buy out a condo building at the south end of Brickell with plans to build a 48-story luxury condo tower. The developer also bought 2.8 acres of waterfront land between 26th Street and 26th Terrace in Miami’s Edgewater neighborhood, and will build a 649-foot-tall luxury residential building there.

More recently, Doronin and developer Ugo Colombo ended their partnership on two Brickell projects. They previously had joint ownership of the Brickell Flatiron condo project at 1001 South Miami Avenue and an assemblage of parcels at 830 Southeast 1st Avenue. Colombo’s CMC Group is now the outright owner of Brickell Flatiron, while Doronin holds the title for the assemblage at 830 Southeast 1st Avenue.

The developer will also open an office in New York City, where Doronin’s Amanresorts is co-developing the historic Crown building along with Michael Shvo, the spokesperson told TRD. Doronin is also chairman of the Russia-based Capital Group, as well as owner and chairman of Aman, a luxury resort brand.

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