Are There New Developments Planned for North Bay Village?

Yes—and North Bay Village is currently experiencing one of the most significant periods of development in its history.

Located in the heart of Biscayne Bay between Miami Beach and the mainland, North Bay Village has long been known for its waterfront setting, residential islands, and convenient access to some of Miami’s most desirable destinations. Today, the community is entering a new chapter, with several luxury condominium developments, mixed-use projects, new retail, waterfront amenities, and long-term neighborhood improvements planned or already underway.

For buyers, sellers, and investors researching North Bay Village real estate, understanding these new developments is increasingly important. The changes taking place today could reshape how people live, shop, dine, and experience this small waterfront community in the years ahead.

Why Is North Bay Village Seeing So Much New Development?

Part of the transformation can be traced to the Village’s long-term planning strategy. The NBV100 Master Plan establishes a vision centered around livability, resilience, and prosperity, with updated zoning intended to encourage thoughtful growth, sustainable streetscapes, and a more pedestrian-friendly community.

That planning framework, combined with North Bay Village’s waterfront location and limited land supply, has attracted significant interest from developers.

The result is a growing collection of new construction condos in North Bay Village, ranging from boutique residences to larger mixed-use developments that incorporate retail, dining, wellness, and public waterfront spaces.

Shoma Bay: Mixed-Use Living Arrives in North Bay Village

One of the largest projects underway is Shoma Bay, located at 1850 John F. Kennedy Causeway.

The 24-story mixed-use development is planned to include 333 condominium residences, along with a major retail component anchored by an approximately 36,000-square-foot Publix supermarket. Additional retail space is also planned, creating new everyday conveniences within the community.

Amenities are expected to include more than 60,000 square feet of lifestyle spaces, including a rooftop pool deck, wellness spa, two-story fitness center, padel court, owners’ lounge, and coworking areas. In September 2026, Shoma Group announced that it had secured $172.5 million in C-PACE construction financing for the development.

For residents, the significance extends beyond another new condominium building. Adding grocery and retail options directly within North Bay Village could contribute to a more walkable, convenient neighborhood experience.

Continuum Brings Its Luxury Vision to North Bay Village

Another major addition to the North Bay Village luxury real estate market is the Continuum development.

Continuum is already a recognizable name in Miami luxury real estate because of its presence in South of Fifth. Its expansion into North Bay Village signals the growing interest in the area as a destination for high-end waterfront living.

The initial Continuum Club & Residences concept includes 198 residences and penthouses, with homes ranging from one to four bedrooms. The waterfront development also highlights approximately 300 feet of waterfront frontage and an Island Walk pedestrian promenade, along with more than 60,000 square feet of amenities.

Beyond the initial residential tower, planning documents have also advanced a broader Continuum Waterfront District, reflecting the larger-scale redevelopment now being considered throughout parts of North Bay Village.

Pagani Residences: A Boutique Branded Waterfront Tower

For buyers searching for something particularly distinctive, Pagani Residences North Bay Village introduces an automotive-inspired branded residential concept to the area.

Located at 7940 West Drive, the project broke ground in May 2026. The development is planned as a 30-story waterfront tower with just 70 residences, creating a more boutique alternative to some of the larger developments in the neighborhood.

Plans include all-corner residences, expansive terraces, a rooftop pool with panoramic views, a wellness level, private marina, waterfront boardwalk, and automotive concierge services.

Pagani Residences demonstrates how North Bay Village is beginning to attract a broader range of luxury projects—from large mixed-use communities to highly specialized boutique developments.

The Larger Sunbeam Properties Vision

The future of North Bay Village extends beyond individual condominium towers.

One of the most ambitious proposals involves properties controlled by Sunbeam Properties and related entities. Public documents associated with an amendment to the Sunbeam Special Area Plan describe a potential multi-phase mixed-use development of up to approximately 7.3 million square feet, including as many as 1,936 residential units.

The proposed uses include residential, office, commercial, hotel/lodging, and civic components. Because this is a long-term, multi-phase planning framework, the ultimate design, timing, and individual components may continue to evolve as approvals and development plans progress.

Still, its scale illustrates just how substantial the long-term transformation of North Bay Village could become.

What Does This Mean for North Bay Village Real Estate?

For existing homeowners, prospective buyers, and real estate investors, the new development pipeline creates both opportunities and important considerations.

New luxury residences, retail, waterfront promenades, restaurants, wellness amenities, and public improvements may change how North Bay Village is perceived within the broader Miami waterfront real estate market. At the same time, increased construction and future residential inventory can affect traffic, views, neighborhood density, condominium competition, and individual property values differently depending on the building and location.

That makes property-specific analysis especially important.

A waterfront condo overlooking Biscayne Bay, a single-family home on North Bay Island, and a residence near a future development site may each experience the neighborhood’s transformation differently.

Buyers considering homes for sale in North Bay Village should therefore look beyond asking prices and square footage. Future development plans, building financials, assessments, insurance, reserves, views, location, and surrounding construction should all be part of the conversation.

North Bay Village Is Entering a New Era

So, are there new developments planned for North Bay Village?

Absolutely.

Projects such as Shoma Bay, Continuum, Pagani Residences, and larger redevelopment plans are creating a new landscape for this waterfront community. While timelines and individual development details can change, the overall direction is clear: North Bay Village is undergoing substantial investment and redevelopment.

For people considering buying, selling, or investing in North Bay Village real estate, understanding what is being built—and what may be coming next—is essential to making an informed decision.

Thinking About Buying or Selling in North Bay Village?

North Bay Village is changing quickly, and navigating new construction, resale opportunities, waterfront homes, and future development plans requires local market knowledge.

Contact Vanesa Carpignano Group today for a personalized consultation on North Bay Village real estate. Whether you are searching for a waterfront residence, exploring new construction opportunities, considering an investment, or thinking about selling your property, we can help you understand the market and make an informed move.

Discover what’s next in North Bay Village—and where your next real estate opportunity may be.

Vanessa Carpignano
Top Producer & Real Estate Specialist in
Normandy Shores, Normandy Isles, North Beach, North Bay & North Miami Beach
Executive Director of Luxury Sales
Douglas Elliman – Sports & Entertainment Division
305-790-1249 | [email protected]
www.vanesacarpignano.com