830 Brickell's Restaurant Lounge Plan Shifts as OKO & Tao Group Dissolves JV

Key Points

• JV Dissolved: OKO Group and Tao Group Hospitality have mutually ended their joint venture to launch a Mediterranean restaurant and members‑only lounge atop 830 Brickell.

• OKO Presses On: The firm still plans to proceed with opening a restaurant and lounge on the top two floors.

• Strong Leasing Story: 830 Brickell—a 55‑story office tower completed by OKO and Cain International—is fully leased with high-profile tenants, setting record rents.

A hospitality pivot is underway at Miami’s most iconic office tower yet. OKO Group and Tao Group Hospitality have dissolved their planned joint venture to develop a Mediterranean‑style restaurant and private club atop the 830 Brickell tower. Regardless, OKO remains committed to bringing a culinary and social amenity to the building’s upper levels. 

JV Dissolution

• The JV was announced December 2024 between OKO Group and Tao Group to develop a members‑only restaurant/lounge at the top of 830 Brickell. 

• OKO still intends to launch a restaurant and lounge at the top two floors to service its tenants and visitors.

830 Brickell’s Market Strength

• Developed by OKO Group and Cain International, 830 Brickell is the first new standalone Class A+ office tower in Brickell in over a decade.

• As of late 2024, the tower is fully leased with firms like Citadel, Thoma Bravo, Kirkland & Ellis, Banco Master, and Corient with Maman, the popular french cafe concept, on the ground floor.

• The building has seen leasing rates more than triple—from $60–$70/sf to nearly $200/sf—underscoring its premium status amid Miami’s office market surge.

Implications for Investors & Developers

• Control Equals Flexibility: OKO’s decision to go solo may offer tighter strategic control and reduced complexity for executing the restaurant/lounge concept.

• Dining Demand Remains High: A prime hospitality component atop a fully leased Class A+ tower is a powerful draw for tenants and the surrounding district—especially in a competitive landscape.

• Branding Strategy Matters: While Tao’s hospitality expertise offered prestige, OKO's solo approach puts pressure on their ability to deliver a standout venue. Their success will hinge on execution.

Though the Tao‑OKO partnership has dissolved, OKO’s commitment to a top‑floor restaurant and lounge at 830 Brickell remains. The office tower still remains a beacon of leasing success and a signal of Miami’s commercial resurgence.