North Miami Beach-based developer Macken Companies received site plan approval for a waterfront townhome community in the city’s Eastern Shores neighborhood.
The company hopes to break ground on the 10-unit Koya Bay, along the Intracoastal Waterway at 4098 Northeast 167th Street, in the second quarter of next year, according to a press release.
Each four-story townhouse will have a private dock, elevator, rooftop terrace with a Jacuzzi and summer kitchen, and a two-car garage with an optional lift, according to the release. The townhouses will range from three to five bedrooms, and from 2,900 square feet to 3,600 square feet, with pricing starting at $1.9 million. The townhouses are designed by Randall Stofft Architects and Witkin Hults Design Group.
Macken Realty is the exclusive sales agent for the townhomes in the gated community.
In September, Jodi Macken, a principal at Macken Realty, had the listing on a waterfront home in the Seven Isles neighborhood of Fort Lauderdale that sold for $6.1 million.
In May 2018, Macken Companies sold a Walmart-anchored shopping center in Miami Gardens for $11.85 million.
Next month, Dezer Development is expected to get a re-vote on two ordinances tied to the contentious redevelopment of the Intracoastal Mall in North Miami Beach, despite securing approval earlier this month. The project, called Uptown Harbour, could eventually bring 2,000 units of housing, 375,000 square feet of retail, 200,000 square feet of office, a hotel, harbor and park to the waterfront site.