Skip To Content

Continuum Acquires Adjacent North Bay Village Property, Marina for $67.5 Million

Continuum Company Expands North Bay Village Assemblage With Acquisition of Waterfront Property and Marina

As a connoisseur of luxury living, you understand the allure of waterfront property in Miami’s most exclusive neighborhoods. The recent acquisition of Shuckers Waterfront Bar & Grill and Best Western On The Bay Inn & Marina by Continuum Company presents a rare opportunity to own a residence along the vibrant North Bay Village shoreline.

With over 4.5 acres of bayfront land following the rezoning, Continuum seeks to elevate this enclave and usher in a new era of high-end development. The adjacent Continuum Club & Residences with its 32 stories and 198 units demonstrates the firm’s confidence in the area’s promising future.

For discerning buyers who appreciate modern amenities alongside natural beauty, North Bay Village offers the ideal blend of culture, dining and oceanfront living. Act now to stake your claim in this soon-to-be coveted destination.

Continuum Expands North Bay Village Assemblage With New Acquisition

Strategic Waterfront Acquisition

In a strategic move, Continuum Company has expanded its North Bay Village assemblage with the acquisition of Shuckers Waterfront Bar & Grill and Best Western On The Bay Inn & Marina.

This premium waterfront property is adjacent to Continuum’s latest luxury development, Continuum Club & Residences, growing the firm’s footprint in the area to an impressive 4.5 acres.

The $67.5 million acquisition and pre-construction loan was secured from Longline Financial. This demonstrates Continuum’s confidence in the promising future of North Bay Village as a prime residential destination.

Transformative Vision for North Bay Village

Alexandra Eichner, President of Continuum Florida, expressed enthusiasm for this milestone acquisition, stating, “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.

This premier acquisition marks a significant milestone in bringing that vision for North Bay Village’s exciting development to life.”

Ian Bruce Eichner, Chairman and CEO of Continuum Company, drew parallels to their transformative impact in South Beach, “The vision for North Bay Village is exactly 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.”

Luxury Living in an Unrivaled Location

North Bay Village’s 2020 rezoning has primed the waterfront enclave for redevelopment, heralding a new era of luxury living. Continuum’s recent launch of Continuum Club & Residences, a 32-story bayfront condominium with 198 residences, is at the forefront of this transformation.

The unrivaled location surrounded by Miami’s best offerings – beaches, upscale shopping, vibrant arts and dining scenes, top schools, and private clubs – further enhances the appeal of North Bay Village for high-net-worth buyers seeking a luxury residential experience.

Details of Continuum’s Latest North Bay Village Acquisition

Expanding Waterfront Footprint

Continuum Company has significantly expanded its footprint in the burgeoning North Bay Village area. The $67.5 million acquisition of Shuckers Waterfront Bar & Grill and Best Western On The Bay Inn & Marina adds an adjacent 4.5 acres to their existing assemblage.

This strategic purchase demonstrates Continuum’s deep confidence in North Bay Village’s promising future as an ultra-luxury residential destination.

Securing a Landmark Site

The newly acquired site is a landmark waterfront property offering both a popular restaurant/bar and hotel with marina facilities. While operations will continue as normal in the short term, Continuum’s long-term vision is to redevelop the site into an iconic residential offering.

“Securing this premier site marks a huge milestone for bringing our transformative vision for North Bay Village to life,” said Alexandra Eichner, Continuum’s Florida President.

Replicating Past Success

Ian Bruce Eichner, Continuum’s Chairman/CEO, draws parallels to the company’s pioneering work in South Beach two decades ago:

“Just as we identified undervalued oceanfront potential in South Beach and catalyzed its luxury renaissance, we see profound opportunity in North Bay Village’s waterfront setting amidst Miami’s world-class attractions.”

The New North Bay Village

North Bay Village’s 2020 rezoning has unlocked its redevelopment potential. Continuum is leading the charge with Continuum Club & Residences, a 32-story, 198-unit bayfront tower adjacent to the newly acquired site.

Other elite developments like Shoma Bay and Pagani Residences Miami are also on the horizon for this emerging luxury enclave.

Significance of New Acquisition for North Bay Village

Transforming the Neighborhood

The $67.5 million acquisition of Shuckers Waterfront Bar & Grill and Best Western On The Bay Inn & Marina is a significant milestone for Continuum Company’s vision to transform North Bay Village into a premier luxury destination.

Just as Continuum revitalized South Beach two decades ago, this latest move demonstrates their confidence in North Bay Village’s promising future.

The newly acquired 4.5-acre waterfront assemblage, adjacent to Continuum’s Continuum Club & Residences development, will allow them to reshape the area into “one of the most coveted places to live.” The existing restaurant and hotel operations will remain open during this transformative process.

Capitalizing on Rezoning

North Bay Village’s 2020 rezoning has opened the door for elevated waterfront living and development. Continuum is perfectly positioned to capitalize on this by expanding their footprint in the area.

Their latest acquisition lays the groundwork to bring their luxury oceanfront vision to fruition in North Bay Village. Other major developments like Shoma Bay and Pagani Residences Miami are also underway, heralding a new era for this exclusive enclave.

Buyers can expect unprecedented luxury residences and amenities surrounded by Miami’s world-class beaches, shopping, dining, and more.

Unmatched Waterfront Lifestyle

As Alexandra Eichner stated, this premier acquisition allows Continuum to bring their proven track record to “bringing that vision for North Bay Village’s exciting development to life.” Residents of their future projects can anticipate an unmatched waterfront lifestyle rivaling Continuum’s famed South Beach properties.

With easy access to Miami’s top attractions, new zoning allowing greater density, and Continuum’s expertise in transformative developments, North Bay Village is truly “primed for re-development.” This strategic land purchase lays the cornerstone for unprecedented luxury living in this emerging world-class destination.

Continuum’s Vision to Transform North Bay Village

An Unparalleled Transformation

With the $67.5 million acquisition of Shuckers Waterfront Bar & Grill and Best Western On The Bay Inn & Marina, Continuum Company has cemented its commitment to elevating North Bay Village into a world-class waterfront destination.

This strategic move expands the firm’s assemblage in the area to an impressive 4.5 acres, laying the groundwork for an unparalleled transformation akin to their iconic Continuum on South Beach project two decades ago.

A Visionary Approach

Ian Bruce Eichner, Chairman and CEO of Continuum Company, envisions North Bay Village undergoing a renaissance similar to what Continuum catalyzed in South Beach.

“We saw a substantially undervalued oceanfront development opportunity and then transformed the neighborhood into one of the most coveted places to live,” Eichner states.

With North Bay Village’s 2020 rezoning paving the way for luxury redevelopment, the stage is set for Continuum to unlock the enclave’s untapped potential.

Luxury Living Redefined

Continuum’s vision crystallizes with their flagship Continuum Club & Residences, a 32-story bayfront condominium offering 198 luxurious residences adjacent to the newly acquired properties.

Joining esteemed projects like Shoma Bay and Pagani Residences Miami, this development epitomizes the area’s ascent to new heights of opulence and exclusivity. Surrounded by Miami’s finest attractions, from beaches to shopping and dining, North Bay Village is poised to become a coveted address for discerning buyers seeking an exceptional waterfront lifestyle.

North Bay Village Primed for Luxury Redevelopment

16 Continuum Club and Residences Amenities

North Bay Village, a waterfront enclave in Miami, is undergoing a transformative renaissance. Following the city’s 2020 rezoning, this exclusive island community is emerging as Miami’s newest luxury hotspot.

Upscale Developments Rising

Continuum Company’s recent $67.5 million acquisition of Shuckers Waterfront Bar & Grill and Best Western On The Bay Inn & Marina underscores their confidence in North Bay Village’s bright future.

This strategic move expands their local footprint to 4.5 acres, adjacent to their new Continuum Club & Residences project – a 32-story bayfront condominium offering 198 luxury residences.

Other high-end developments like Shoma Bay and Pagani Residences Miami are also taking shape, ushering in a new era of ultra-luxury living.

Coveted Waterfront Lifestyle

As Ian Bruce Eichner, Chairman and CEO of Continuum Company aptly stated:

“The vision for North Bay Village is exactly 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.”

North Bay Village offers the ultimate waterfront lifestyle, surrounded by Miami’s world-class beaches, upscale shopping at Bal Harbour Shops, vibrant arts districts like Wynwood and the Design District, diverse dining scenes, top-rated schools, and prestigious country clubs.

Elevated Standards

This redevelopment wave promises to elevate North Bay Village’s standards, cementing its status as an exclusive destination for luxury living. Alexandra Eichner, President of Continuum Florida, affirmed their commitment, stating:

“Securing Shuckers…demonstrates Continuum’s confidence in the promising future of North Bay Village. This premier acquisition marks a significant milestone in bringing that vision for North Bay Village’s exciting development to life.”

With its prime location and new high-end projects, North Bay Village is poised to become one of Miami’s most desirable residential enclaves, attracting affluent buyers seeking an unparalleled waterfront lifestyle.

North Bay Village Real Estate FAQ

What makes North Bay Village attractive for luxury real estate?

North Bay Village is a highly coveted waterfront enclave in Miami, offering an idyllic bayfront lifestyle. Its prime location near the beaches, Bal Harbor Shops, Wynwood, Design District, cultural attractions, and top schools make it an enticing destination for luxury buyers.

The 2020 rezoning has ushered in a new era, paving the way for upscale residential developments that elevate the island village to new heights of exclusivity.

What new luxury developments are coming to North Bay Village?

Several prestigious projects are underway, including Continuum Club & Residences, a 32-story bayfront condominium with 198 residences by the renowned Continuum Company.

Other notable additions include Shoma Bay and Pagani Residences Miami, further cementing North Bay Village’s status as a premier luxury enclave in Miami.

What makes Continuum Club & Residences stand out?

Developed by the visionary team behind the iconic Continuum on South Beach, this ultra-luxury condominium will offer an unparalleled waterfront living experience.

With its prime location adjacent to the newly acquired Shuckers Waterfront Bar & Grill and Best Western On The Bay Inn & Marina properties, residents will enjoy a seamless integration of world-class amenities and direct access to the bay.

What amenities can buyers expect in these luxury developments?

Residents can anticipate an array of upscale amenities tailored to an elevated lifestyle, such as private marinas, state-of-the-art fitness centers, resort-style pools, concierge services, and curated social spaces designed to foster a sense of community among like-minded individuals seeking the ultimate in waterfront living.

How does North Bay Village compare to other luxury neighborhoods?

While neighborhoods like Miami Beach and Brickell offer their own unique allures, North Bay Village’s intimate island setting and direct access to the sparkling waters of Biscayne Bay create a truly unmatched waterfront living experience.

Its prime location near Miami’s cultural epicenters and top attractions further solidifies its appeal for discerning luxury buyers seeking the best of Miami living.

Conclusion

Ultimately, Continuum’s expansion of its North Bay Village footprint through strategic acquisitions demonstrates the company’s commitment to transforming this waterfront neighborhood into an exclusive, luxury enclave.

With several high-end developments already underway or planned, North Bay Village is poised to become one of Miami’s most coveted residential destinations. As the visionary behind this transformation, Continuum is cementing its reputation in South Florida for creating highly desirable communities that appeal to discerning buyers seeking a luxury lifestyle.

The future certainly looks bright for North Bay Village and for Continuum as it continues executing its bold plans.

Discover an unparalleled opportunity to own in North Bay Village. Act now and be part of Miami’s next luxury waterfront destination! Call us today at (800) 257-5661.

Leave a Reply

You must be logged in to post a comment.