Ritz-Carlton Residences Planned for North Bay Village by Related Group and Macklowe Properties

The North Bay Village skyline is set to welcome a new luxury landmark. According to The Real Deal, Related Group and Macklowe Properties are partnering to develop a two-tower waterfront condominium project on Harbor Island that will carry the prestigious Ritz-Carlton brand. The development marks a significant step in the transformation of North Bay Village and represents Macklowe’s first major project in South Florida.

A Landmark Development on Harbor Island

Located at 8000 and 7946 East Drive, the site has been approved for two 43-story towers rising 500 feet, with plans calling for a total of 364 luxury residences. Designed by renowned Miami-based architecture firm Arquitectonica, the twin-tower project will combine elegant design, top-tier amenities, and Ritz-Carlton’s globally recognized standard of hospitality and service. The development will also feature approximately 800 parking spaces—nearly two per unit—providing an unusually high ratio for a luxury waterfront property.

Lifestyle Amenities and Waterfront Appeal

Beyond its impressive scale, the Ritz-Carlton Residences in North Bay Village will offer a lifestyle tailored to the city’s growing base of high-end buyers. Plans include a 42-slip private marina, allowing residents direct access to Biscayne Bay, as well as a 9,000-square-foot public park designed to enhance the pedestrian experience along the waterfront. Together, these features underscore the developers’ commitment to blending exclusivity with community access—an increasingly important factor in today’s urban luxury developments.

The Power of the Ritz-Carlton Brand

The Ritz-Carlton name continues to be one of the most powerful in luxury real estate, often commanding a premium in markets around the world. Miami is no exception, with existing Ritz-Carlton branded residences in Miami Beach and Coconut Grove setting a high bar for service, architecture, and resale value. The North Bay Village project builds on that legacy while introducing the brand to an emerging waterfront neighborhood positioned between Miami and Miami Beach. For both domestic and international buyers, the combination of the Ritz-Carlton name, waterfront location, and Related’s development pedigree makes this one of the most anticipated launches in Miami’s preconstruction pipeline.

Confidence in North Bay Village’s Transformation

Once a quiet island community, North Bay Village has been undergoing a gradual renaissance, attracting major developers eager to capitalize on its waterfront potential and proximity to key business and entertainment districts. The arrival of a Ritz-Carlton-branded project signals a new chapter for the area—one that aligns it with Miami’s most desirable neighborhoods. For Related Group, the project continues its expansion of branded luxury residences, while for Macklowe Properties, it represents a major entry point into the South Florida market.

What Comes Next

Details on pricing, floor plans, and delivery timelines have not yet been released, but the scale and brand positioning suggest that pricing will be competitive with other Ritz-Carlton-branded residences in Miami, where per-square-foot prices often exceed $1,500. Buyers can expect the full range of five-star amenities and services synonymous with the brand, from concierge and valet to spa, wellness, and waterfront leisure offerings. As the project moves forward, it will be one to watch—both for investors seeking premium branded residences and for those tracking North Bay Village’s emergence as Miami’s next luxury waterfront enclave.