WRE News: North Bay Village: A Modern Renaissance

North Bay Village: A Modern Renaissance

Two words: Transformative growth.

That has been the defining theme of North Bay Village, most notably in the past few years since the COVID-19 pandemic. The pandemic reshaped lives and prompted a significant migration to Florida, particularly towards its appealing waterfronts, leading Southeast Florida developers to explore previously overlooked waterfront properties in areas like North Bay Village.

Located in Biscayne Bay, North Bay Village was mostly underwater before the 1940s, with only a small five-acre area known as Broadcast Key above the waves, notable for housing radio station WIOD, which started broadcasting in 1926. The 1940s saw the transformation of North Bay Village through dredging and bulkheading, leading to the establishment of the first homes and the incorporation of Treasure Island and Harbor Island into the village.

Since the beginning of this decade, North Bay Village has undergone a dramatic transformation with $2 billion in new investments, as reported by ISG World. This once-overlooked enclave is set to see at least five new residential complexes and 947 new homes by next year.

A Closer Look at Pagani Residences in North Bay Village

Amongst the many giants rising in North Bay Village is Pagani Residences — the first of its kind from the Italian luxury automobile brand.

Miami-based developer Riviera Horizons and Pagani Automobili are launching the world’s first Pagani Residences, a boutique luxury residential building in North Bay Village with completion expected in 2027.

Designed by Revuelta Architecture International and with interiors by A++ and curated by Pagani Arte, the 28-story property will feature 70 handcrafted, waterfront residences ranging from 2,000 to over 3,300 square feet, including penthouses with up to 4,400 square feet of outdoor living space.

The Pagani Residences will offer an array of amenities, such as a 240-foot waterfront boardwalk, private boat slips, a state-of-the-art fitness center, spa, rooftop pool, and 24/7 concierge service. Each residence will be customized with high ceilings and expansive terraces, embodying Pagani’s meticulous design and engineering.

Located in the heart of North Bay Village, these homes are priced starting at $2.9 million, combining Miami’s dynamic energy with Pagani’s bespoke craftsmanship.

North Bay Village Poised to Become Hub for Argentine Youth Soccer Academy

he Argentine Football Associationen (AFA) plans to build a youth soccer academy in North Bay Village, potentially bringing some of the world’s top players to this small waterfront community.

North Bay Village has partnered with the AFA to enhance the community with new green spaces and recreational services, a collaboration that has earned them a finalist spot for the 2023 North American Soccer Community Initiative of the Year Award.

Set to break ground in 2024, the NBV Community Center and Park project will revitalize Treasure Island Elementary School (TIES) with a state-of-the-art community center and sprawling green spaces. The initiative will provide a hub for social engagement, cultural events, and recreational activities, including a recreational trail, illuminated playfields, and extensive after-school programs run by AFA sports professionals.

Horacio Gennari, a representative of the AFA, envisions the academy becoming the organization’s U.S. headquarters, possibly hosting training sessions for the Argentine men’s national team. Mayor Brent Latham, who has connections to international soccer, has championed the plan, which would revitalize the village’s largest green space and provide amenities for the community.

 

Shoma Bay has officially opened their Sales Gallery in North Bay Village.

Shoma Bay, a 24-story project in North Bay Village boasting 333 condominium units, will blend the classic art-deco charm with a modern facade. The unique residence offers a retreat from the hustle of Miami, featuring a zen garden, grocery delivery room, wine cellar, and more.

Lavish floor-plans feature spacious balconies, open layouts, and floor-to-ceiling windows. Designed for those seeking to harmonize life, work, wellness, and play, upscale amenities include a resident lounge, spa, golf simulators, TRUE Palladium-equipped fitness center, pet spa, and a 6,030-square-foot pool deck with breathtaking views of Biscayne Bay.

Residents will also enjoy 6,315 square feet of retail on the ground floor including a Publix and a Shoma Bazaar food hall, featuring exquisite cuisine from around the world.

 

Palm Tree Crew Launching “Palm Tree Club” at Former Shucker’s Bar & Grille Location This December

Palm Tree Crew, famed for its global music festivals, is launching its first restaurant and hotel in North Bay Village, in partnership with Continuum Company this December.

The new Palm Tree Club will take over the iconic Shuckers Waterfront Grill & Hotel location. This redevelopment will see the transformation of the beloved Shuckers into a premier destination, merging festival energy with relaxed hospitality.

The hotel and restaurant will feature picture-perfect waterfront dining, a 20-boat slip marina with dine-and-dock services, 118 well-appointed guest suites, and a pool adjoining the restaurant and hotel.

“We are incredibly excited to launch our first restaurant and hotel in North Bay Village, Miami, a city that embodies the spirit of Palm Tree Crew,” said Myles Shear, co-founder of Palm Tree Crew. “We’ve admired Shuckers for a long time as a staple of the Miami hospitality ecosystem, and we feel privileged to partner with Continuum Company to bring this property into its next chapter.”

The project promises to redefine the local hospitality scene, offering tropical vibes, coastal cuisine, and curated events, capturing Palm Tree Crew’s creative spirit in a vibrant new setting.

A Closer Look at Continuum Club & Residences in North Bay Village

A look at Continuum Club & Residences, a new luxury bayfront condominium in North Bay Village, Miami. 

The project from Continuum Company, in partnership with Aksoy Holdings, marks the introduction of Continuum 2.0 — the second project under the Continuum brand by developer Ian Bruce Eichner, known for the iconic Continuum South Beach. 

Slated to break ground later this year, this 32-story development will offer 198 residences, ranging from one to four bedrooms, with prices starting just under $1,000,000 and featuring stunning views of the Atlantic Ocean, Biscayne Bay, Indian Creek, and Downtown Miami.
The project boasts a comprehensive array of amenities, including a waterfront resort pool, marina, indoor fitness studio, immersive spa, and sports facilities. Residents will also enjoy a variety of dining and entertainment options, a dedicated app for convenience, and numerous family-friendly activities.

Sunbeam Properties Plans Mixed-Use Development in North Bay Village

Sunbeam Properties is set to transform North Bay Village with a colossal 7.3 million-square-foot mixed-use development (updated renderings pending).

The development, spanning 13 acres and located both north and south of the 79th Street Causeway, will feature nearly 2,000 residential units, including workforce housing, 112,500 square feet of hotel space with 300 rooms, 870,000 square feet of office and retail space, public areas such as a baywalk, approximately 5,000 parking spaces, and open spaces.

Purchased for $56.5 million in 2021, the land will now host buildings up to 650 feet tall on the north side and up to 450 feet on the south, following the North Bay Village Commission’s approval of a height increase in October.