North Bay Village Towers: Related and Macklowe Propose Twin High-Rises

A Major Residential Vision for the Village

The North Bay Village luxury towers planned by The Related Group and Macklowe Properties aim to transform 8000 East Drive into a vibrant, upscale destination. This two-tower proposal, submitted under the Special Area Plan (SAP) process, introduces a compelling mix of high-end residences, public amenities, and long-term economic investment.

Alt attribute: Rendering of North Bay Village luxury towers proposed by Related Group and Macklowe Properties

Distinctive Design and Waterfront Amenities

Arquitectonica’s design features two 43-story towers reaching over 500 feet, including mechanical structures. Together, they will house 364 residences averaging 2,138 square feet, along with a 356,000-square-foot podium offering over 100,000 square feet of shared amenities and 798 parking spaces.

The project activates the shoreline with a 9,000-square-foot public waterfront park, a 1,266-foot Island Walk, and a 42-slip private marina. Public investments will also include $5 million in seawall repairs and complete utility system upgrades—improvements funded by the developers, not taxpayers.

Architecture That Elevates the Village

Designed with curved floorplates, frameless glass balconies, white stucco bands, and wood-grain steel accents, the towers aim to embody coastal elegance. Landscaped public spaces with art installations and shaded seating will enhance the street-level experience for both residents and visitors.

Significant Economic Contributions

The developers will contribute $18.2 million in upfront funding, including $10 million for Transfer of Development Rights to build a new Village Hall, $2 million in height-related fees, and $6.2 million in impact and permitting fees. Over the next two decades, the towers are expected to generate $110.6 million in property taxes—boosting site-specific revenue by 47% and increasing the city’s total tax base by 11%.

Project Timeline and Approval Process

The North Bay Village Planning & Zoning Board is set to review the proposal on July 2, 2025. With staff recommendations for approval and minor design refinements pending, final clearance will rest with the Village Commission. Developers must then secure a Master Building Permit within two years, with the option for two one-year extensions.

Urban Growth in Context

This ambitious proposal joins a wave of upscale redevelopment in North Bay Village, with major contributions from developers such as MG Developer, Continuum Company, and Shoma Group. The North Bay Village luxury towers not only add to the housing supply but also deliver lasting infrastructure and fiscal benefits.

To explore more about the local development pipeline, check out our latest market analysis or visit our listings page for opportunities in the area.