
Extension Granted: What It Means for North Bay Village
Masoud Shojaee and his team at Shoma Group have secured an important extension from North Bay Village, allowing them until Halloween to obtain a master building permit for the Shoma Bay condo tower. This extension is pivotal, particularly as it comes with a commitment to contribute an additional $1.5 million to the village’s growth coffers.
Understanding the Condo Project
The ambitious Shoma Bay project plans to feature a 24-story mixed-use tower comprising at least 333 apartments, alongside several townhouses. The residential options will range vastly in size, from cozy 344-square-foot studios to spacious 2,700-square-foot three-bedroom condos. While the initial goal was ambitious, the developers are now looking to ramp up the project's density by 53 additional units, which could also lead to requests for increased building height.
Height, Density, and Community Responsibilities
This potential density increase from 119 units per acre to 150 creates several questions among villagers. Mayor Rachel Streitfeld clearly stated that any amendments allowing for increased density would come with associated fees. This transparency aims to prevent misunderstandings in future development discussions. “If you do come back to take advantage of the full scope of the density that’s allowed, you will need to pay those fees for the additional density,” she asserted, reflecting the village’s insistence on ensuring community interests are safeguarded.
Impact on North Bay Village Residents
This condo tower is not just about numbers; it's about the community's future. While the added density may provide more housing options, it raises additional concerns regarding local infrastructure, traffic flows, and neighborhood character. As one local remarked, "We need growth, but we also need to ensure that North Bay Village remains a great place to live and grow.”
The Road Ahead
As the Halloween deadline approaches, the Shojaees’ willingness to adapt and meet the village's requirements will likely dictate whether this ambitious project comes to fruition. Observers are keen to see if this strategy to negotiate additional units will be met with more support from the community and its leaders.
Conclusion: A Call to Engage
Residents are encouraged to engage in this dialogue as construction continues to unfold and decisions are made about urban growth. Understanding these factors not only empowers homeowners but strengthens the fabric of our community.
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