ADI ZILBERBERG | EXECUTIVE DIRECTOR OF LUXURY SALES





The proposed development at 1681 & 1725 Kennedy Causeway is a high-profile luxury residential tower that marks a significant expansion for Coral Gables-based MG Developer into the North Bay Village market. Partnering with the Prosper Group, MG Developer acquired the prime one-acre waterfront assemblage for $30.9 million in late 2024. Designed by the esteemed Revuelta Architecture International, the 30-story (occasionally cited as up to 34 stories in early planning phases) modern glass tower is set to become a focal point of the North Bay Village skyline. With a completion target of 2029, the project is part of a massive wave of redevelopment transforming the Kennedy Causeway into a high-end residential corridor.
The tower will feature 147 luxury condominiums designed as large, family-oriented spaces, with the smallest units starting at approximately 1,027 square feet. The building is architecturally distinct for its exceptionally high glass-to-stucco ratio, utilizing perforated metal panels and expansive glass balconies to ensure nearly every unit has direct, unobstructed views of Biscayne Bay. Beyond the residential units, the project includes 12 guest rooms, over 6,000 square feet of office space, and approximately 3,300 square feet of ground-floor retail, which is expected to house a signature waterfront restaurant.
The vision for the project, led by MG Developer CEO Alirio Torrealba and Prosper Group CEO Jay Roberts, is to create a “Community Hub” that redefines urban living in North Bay Village. By integrating high-end residential living with a public waterfront walkway the Island Walk the developers intend to enhance pedestrian connectivity along the bay. This 0.20-mile segment will eventually link with neighboring parcels to create one of the longest continuous public promenades in the Village.
The building is engineered to maximize its unique waterfront position. The podium is lined with residential units to conceal the parking structure and improve the streetscape aesthetics. A major focus of the design is view preservation, with a 20% view corridor maintained on the west side of the site. The developer’s strategy leans heavily into the “scarcity-driven upside” of North Bay Village, positioning this tower as a premier destination for those seeking a Miami Beach lifestyle with the modern amenities of a new-construction high-rise.
| Metric | Details |
| Total Residences | 147 Luxury Units + 12 Guest Suites |
| Building Height | 30–34 Stories (Approx. 390 feet) |
| Site Area | 1-Acre Waterfront Assemblage (42,750 sq. ft.) |
| Architect | Revuelta Architecture International |
| Developers | MG Developer & Prosper Group |
| Groundbreaking | Estimated 2027 |
| Delivery | Estimated 2029 |
Revuelta Architecture International has proposed a sleek, “all-glass” aesthetic that minimizes traditional stucco in favor of a high-performance glass curtain wall. This design ensures that the “light-filled” residences feel like sky villas hanging over the bay. The unit mix is heavily weighted toward larger configurations to accommodate the growing demand for primary family residences in the area.
The interior programming focuses on “Resort-Style Living,” with a focus on natural materials and high-efficiency systems. Residences will feature premium Italian cabinetry, professional-grade appliance packages, and 10-foot ceilings. The building’s footprint is strategically placed just 25 feet from the edge of Biscayne Bay to provide the most intimate waterfront connection possible.
| Feature | Specifications |
Unit Mix |
21 (1BR), 31 (2BR), 74 (3BR), and 2 (4BR) units |
Minimum Size |
~1,027 square feet |
Views |
Direct, unobstructed Biscayne Bay and skyline views |
Parking |
272 spaces in a concealed parking podium |
Office/Retail |
6,433 SF Office Space / 3,308 SF Restaurant Space |
Connectivity |
Integrated with the Village’s “Island Walk” public promenade |
Located at 1681 & 1725 Kennedy Causeway, the project sits at the center of the “New North Bay Village.” It is flanked by high-profile developments, including the Continuum Club to the east and the massive Sunbeam Properties mixed-use district to the west. This location offers residents a unique island enclave feel while being only minutes away from the Bal Harbour Shops, the Miami Design District, and the beaches of South Beach.
Waterfront Access: Direct frontage on Biscayne Bay with private dock potential.
Connectivity: Central location on the 79th Street Causeway linking Miami and Miami Beach.
Future Growth: Part of a multi-billion dollar neighborhood redevelopment.
Neighborhood: Walking distance to local staples like Benihana and the future Shoma Bazaar.
The project plans include several thousand square feet of shared and private amenity space spread across the ground floor, the 6th-floor podium deck, and the rooftop.
Amenities Table (Wellness and Social)
| Amenity | Details |
Six Pools |
2 shared common area pools + 4 reserved for private residences |
Rooftop Deck |
Sky lounge and pool with 360-degree panoramic views |
Wellness |
State-of-the-art fitness center and luxury spa |
Dining |
Ground-floor waterfront restaurant with outdoor seating |
Public Space |
The “Island Walk” public waterfront walkway |
Business |
Dedicated on-site office suites for residents |
As of early 2026, the project is in the pre-sales and shoreline review phase. Initial market signals suggest that residences will be positioned to compete with the high-end luxury benchmarks of the area, such as Shoma Bay and Continuum. Waterfront developments in North Bay Village have shown 20% to 30% appreciationupon delivery, making this MG Developer project a highly anticipated play for both local families and international investors.
| Phase | Estimated Date |
| Site Acquisition | October 2024 ($30.9 Million) |
| Shoreline Review Filing | November 2025 |
| Presales Launch | First Half of 2025 |
| Groundbreaking | 2027 |
| Completion | 2029 |
Architectural Pedigree: Designed by Luis Revuelta, a master of the Miami skyline.
Generous Floor Plans: Focus on large, 3-bedroom, family-oriented layouts.
Unique Amenity Stack: Six pools and a public waterfront promenade.
Investment Upside: Entry into North Bay Village at the height of its transformation.
Why Partner With Us for This Project
As experts in the North Bay Village redevelopment corridor, we offer exclusive access to the earliest pricing tiers and “first-look” floor plans before they hit the general market. Our team provides comprehensive analysis on view protection ensuring your unit selection maximizes long-term bayfront exposure and manages the complex reservation process for MG Developer’s latest luxury venture.
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