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MON 09.21.202630-YR 7.28%10-YR 5.280.04HOMEBUILDERS 0.84%Newsletter

El-Ad Properties Plans Two Towers at North Bay Village

A filing at 7922 and 7925-7931 East Drive would put two towers over 450 feet on a Biscayne Bay island town best known for low-rise lots.

Edited by James Rogers · How we report
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46Stories, Tower 1 (518 ft)
39Stories, Tower 2 (465 ft)
165Total residences in the filing
427Parking spaces proposed

El-Ad Properties, a subsidiary of El-Ad Group, is seeking approval for a two-tower project at 7922 and 7925-7931 East Drive in North Bay Village, Florida YIMBY reported September 20. The filing calls for a 46-story, 518-foot tower and a 39-story, 465-foot tower with a combined 165 residences on the Biscayne Bay island municipality, designed by ODP Architecture and Garcia Stromberg.

Why it matters

North Bay Village is a half-square-mile island between Miami and Miami Beach that has drawn a wave of high-rise proposals as its causeway lots get assembled and rezoned. Two towers topping 450 feet with a combined 165 units would be among the tallest ever proposed on the island, and the filing tests how much density the village is willing to approve on its waterfront. Readers tracking the South Florida market hub will be watching whether the unit mix skews toward the large floorplans this filing describes.

The numbers

The filing describes 165 residences across one-bedroom to four-bedroom layouts, with the smallest unit around 1,240 square feet. The taller tower would reach 46 stories and 518 feet; the second would reach 39 stories and 465 feet. Amenities include 5,295 square feet of waterfront restaurant space, more than 10,000 square feet of public park space, a pool and a clubhouse, plus 427 parking spaces. Florida YIMBY’s report did not include a project cost.

What’s next

Florida YIMBY’s report does not list a North Bay Village board hearing date or approval status, and El-Ad Properties has not issued its own release on the filing. The project remains a proposal pending the municipality’s review.

Sources

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