Malaysian developer downsizes plans for North Bay Village condo tower

Earlier version seeking density and height increases was rejected by village commission

Miami /
Jul.July 19, 2017 01:30 PM

The Malaysian developer of a previously rejected condo tower in North Bay Village has submitted plans for a slimmed down version of the project.

Malaysia-based P&O Global Technologies now plans to build a 19-story, 240-foot tower with 54 units, according to the South Florida Business Journal. Units would range from 1,200 to 6,200 square feet.

The North Bay Village Commission would likely review the project at 7918 West Drive in September or October, and P&O hopes to break ground in 2018.

In March, P&O’s plans for the 33,600-square-foot development site were rejected by the commission. Previous plans called for a 290-foot tower with 77 units and mechanical elevator parking spaces that have been removed in the revised proposal.

North Bay Village residents were vehemently opposed the first proposal and even swarmed the council meeting.

P&O bought the three-lot site in January 2015 for $8.3 million. The tallest building on the traffic-clogged island currently reaches only 170 feet. [SFBJ] – Grace Guarnieri


Related Articles

arrow_forward_ios
Eden Multifamily heads Jay Massirman and Jay Jacobson with Cypress Equity Investments CEO Michael Sorochinsky (rendering courtesy of MSA Architects)
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
(iStock)
Home prices across globe hit records, prompting worries of bubble
Home prices across globe hit records, prompting worries of bubble
Steven and Beth Millner with One Thousand Ocean (Patrick McMullan/Getty, Google Maps)
Private equity honcho pays $5M for Boca Raton condo
Private equity honcho pays $5M for Boca Raton condo
Sunbeam Television leader Andrew Ansin and WSVN-Channel 7 location. (Google Maps, Getty, Ansin)
Sunbeam Television buys North Bay Village site next to Channel 7 for $29M
Sunbeam Television buys North Bay Village site next to Channel 7 for $29M
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)
Kate Ford’s Palm Beach estate sells for $55M
Kate Ford’s Palm Beach estate sells for $55M
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
Gables Town Colony apartment complex, Sue Ansel of Gables Residential
Gables Residential scores $85M loan for Boca Raton apartment complex
Gables Residential scores $85M loan for Boca Raton apartment complex
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...