1819-1855 79th St. Causeway Update 06/21/24

Continuum Company Adds to North Bay Village Portfolio with $75 Million Acquisition

 

 

Continuum Company has added to its holdings with the $75 million acquisition of a 2.3-acre site in Miami’s North Bay Village. Continuum secured a $67.5 million acquisition and pre-construction loan from Longline Financial. The location is adjacent to a parking lot that is the future site of the 198-condominium Continuum Club & Residences which launched sales in December 2023 with construction expected in Winter 2024. The site is currently occupied by a Best Western Hotel and Shucker’s Waterfront Bar & Grille. The plans are to redevelop the waterfront site with a hotel, condominiums and multiple restaurants. The hotel and restaurant are expected to remain in operation until 2026 before being demolished to make way for the new development.

Photo: Continuum Company

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