Continuum Company Expands North Bay Village Presence with Major Acquisition

Continuum Company has expanded its holdings in North Bay Village by acquiring Shuckers Waterfront Bar & Grill and Best Western On The Bay Inn & Marina. A $67.5 million acquisition and pre-construction development loan was secured from Longline Financial for this purchase. The newly acquired property is adjacent to the company’s latest waterfront development, Continuum Club & Residences, expanding Continuum’s North Bay Village waterfront footprint to 4.5 acres. The on-site restaurant and hotel will continue to operate as usual.

“Securing Shuckers Waterfront Bar & Grill and Best Western On The Bay Inn & Marina demonstrates Continuum’s confidence in the promising future of North Bay Village,” said Alexandra Eichner, president of Continuum Florida. “This premier acquisition marks a significant milestone in bringing that vision for North Bay Village’s exciting development to life.”

“The vision for North Bay Village is the same as the Continuum on South Beach 20 years ago. We saw a substantially undervalued oceanfront development opportunity and then transformed the neighborhood into one of the most coveted places to live,” said Ian Bruce Eichner, Chairman and CEO of Continuum Company. “And this waterfront island address is surrounded by the best of Miami: the Beaches, Bal Harbor Shops, Wynwood, Design District, Culture and Dining, Schools, and Country Clubs.”

North Bay Village is primed for redevelopment following its 2020 rezoning, ushering in a new era of luxury and elevating the waterfront enclave to new heights. Continuum Companies recently launched Continuum Club & Residences, the latest luxury bayfront condominium in Miami’s exclusive North Bay Village, adjacent to the Shuckers Waterfront Bar & Grill property. The development will rise 32 stories and offer 198 residences. Other development projects in the neighborhood include Shoma Bay and Pagani Residences Miami.