Related and Macklowe secure approval for North Bay Village condo towers

by Katherine Kallergis

The Pérez family’s Related Group and Harry Macklowe’s Macklowe Properties secured initial approval for their planned two-tower luxury condo development in North Bay Village.  The North Bay Village commission unanimously passed a zoning ordinance on first reading that will allow the developers to build two 498-foot, 43-story waterfront buildings at 8000 East Drive and 7946 East Drive via a special area plan. Commissioner Andy Daro, a real estate agent with Compass, recused himself from voting.  The developers assembled more than 4.1 acres, which include the Biscayne Sea Club co-op and the Majestic Isle condo building.  Coconut Grove-based Related is leading […]This article originally appeared on The Real Deal. Click here to read the full story.

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