Leading property management company to work with developers of Okan Tower, The Plaza Coral Gables and 5775 Collins
MIAMI – May 18, 2018 – Developers of some of the most prominent and transformative projects in Miami-Dade County are turning to KW Property Management & Consulting to help bring their vision to life. The premier residential property management company has obtained development consulting assignments for the newly announced Okan Tower in downtown Miami, the mixed-use The Plaza Coral Gables development in Coral Gables and the redevelopment of the former Marlborough House property in Miami Beach.
In another example of KWPMC distinguishing itself from industry peers, the Miami-based company is frequently hired by developers of high-end, large-scale projects to provide consulting services long before a shovel hits the dirt. KWPMC’s experts are brought in to analyze the overall project plan, services and amenities, coordinate efforts with the development, sales and legal teams and leverage the company’s accounting roots to craft a budget that maximizes the project’s efficiency and profitability.
Announced earlier this month, Okan Tower is a 70-story hotel and condo tower that is the first U.S. project for renowned Turkish developer Bekir Okan. Plans for the 555 North Miami Avenue development include a 294-room Hilton-branded hotel, 236 condo-hotel units, 153 condos, 64,000 square feet of Class A office space and a restaurant on the 67th floor. Amenities include a 70th floor sky pool, Hammam spa, health and fitness center, outdoor lounge, playroom, gourmet kitchen, movie theater, wine cellar and cigar room.
Construction is expected to begin later this year.
“We are honored to have the opportunity to work with a prestigious developer like Okan Group on its first foray into the U.S. and Miami,” said KWPMC Managing Director and Co-Founder Paul Kaplan. “As indicated by the announced plans, this pioneering development is multi-faceted with a wide variety of product types, services and amenities. We look forward to working with the project team to ensure everything comes together smoothly and successfully before, during and after construction.”
In Coral Gables, developer Agave Ponce has hired KWPMC to consult on its long-anticipated The Plaza Coral Gables mixed-use project on Ponce Circle. Plans include 136 residential units, 137,000 square feet of retail space, a luxury hotel, office space, restaurants and substantial improvements to Ponce Circle Park.
At the site of the former Marlborough House in Miami Beach, Multiplan Real Estate Asset Management is redeveloping the property at 5775 Collins Avenue. The developer is replacing Marlborough House with a 17-story, 90-unit luxury condo building designed by Arquitectonica.
“These three assignments are signature developments that will have a dramatically positive impact on the neighborhoods they are located in,” said KWPMC Managing Director and Co-Founder Robert White. “It is a testament to our incredible team at KWPMC that we are getting called on by developers of this caliber to play an integral role in the execution of their project plans.”
