An affiliate of New York-based KIMCO has filed plans for the latest addition of Dania Pointe in Broward County. Its newest phase would feature two eight-story buildings that would host both residential and retail space.

Construction is underway on Pagani Residences, a 30-story waterfront condominium tower at 7940 West Drive in North Bay Village. Designed by A++ and developed by Riviera Horizons in collaboration with Horacio Pagani and Pagani Arte, the boutique residential project will yield 70 all-corner residences overlooking Biscayne Bay and the Atlantic Ocean. The development will also include expansive private terraces, a rooftop pool with 360-degree views, a 29th-floor wellness level, a private marina, a 240-foot waterfront boardwalk, yacht club and beach club access, and an automotive concierge program powered by Prestige Imports.

El-Ad National Properties has acquired the property at 3265 Virginia Street in Coconut Grove for $45.5 million, marking the South Florida-based developer’s entrance into the Miami neighborhood and establishing the site as a future redevelopment opportunity. The acquisition closed on May 14, 2026, with El-Ad 3265 Virginia LLC acquiring the property from WNG Miami LLC. Omar Morales of Berkadia represented the seller in the transaction.