Malaysian developer downsizes plans for North Bay Village condo tower
The Malaysian developer of a previously rejected condo tower in North Bay Village has submitted plans for a slimmed down version of the project.
Malaysia-based P&O Global Technologies now plans to build a 19-story, 240-foot tower with 54 units, according to the South Florida Business Journal. Units would range from 1,200 to 6,200 square feet.
The North Bay Village Commission would likely review the project at 7918 West Drive in September or October, and P&O hopes to break ground in 2018.
In March, P&O’s plans for the 33,600-square-foot development site were rejected by the commission. Previous plans called for a 290-foot tower with 77 units and mechanical elevator parking spaces that have been removed in the revised proposal.
P&O bought the three-lot site in January 2015 for $8.3 million. The tallest building on the traffic-clogged island currently reaches only 170 feet. [SFBJ] – Grace Guarnieri