fbpx

North Bay Village Nets Big Gains From Messi’s Miami Arrival 

The Magic City will also be one of the host cities for the 2026 FIFA World Cup.

Lionel Messi’s signing with Inter Miami CF has been a boon for the local economy in more ways than one. With soccer interest at an all-time high for the area, ticket sales have increased for the club, but so has international real estate interest in South Florida. Messi’s arrival has resulted in a surge of demand from potential Argentine buyers for one of North Bay Village’s new luxury residential projects. The project at 7918 West Drive is also actively marketing towards this demographic to take advantage of the growing popularity of Inter Miami CF.

In March 2023, Argentina accounted for 7.05% of all international searches on MiamiRealtors.com, according to a Miami Association of Realtors report. The 2022 Profile of International Home Buyers of MIAMI Association of REALTORS® (MIAMI) Members also revealed that Argentina purchased the most real estate in South Florida among foreign countries in 2022, with a share of 16% of all international purchases. The area of North Bay Village, located near Miami Beach’s Normandy Island and North Beach, is also known for having a significant population of Argentineans.

The North Bay Village City Commission recently granted its final approval to a proposal allowing for the development of certain areas of Miami Dade County Public Schools’ Treasure Island Elementary School in North Bay Village. One of the projects entails the construction and management of the Argentine Football Association’s (AFA) U.S.-based headquarters and soccer complex. The AFA intends to operate a youth soccer training program on the land. The proposed complex will feature soccer fields, a new community center, offices, sports facilities, and a park. The partnership with AFA will include scholarships and discounts for North Bay Village children and a free after-school soccer program at select times of the day. The Miami-Dade County School Board has also approved the project.

In February 2023, North Bay Village experienced the first groundbreaking in ten years with the development of a state-of-the-art luxury waterfront condo project at 7918 West Drive. The 21-story building will house 54 luxury residences on a 33,600-square-foot lot on the Intracoastal Waterway. Developed by Pacific & Orient Properties, LLC, an international leader in integrated technology solutions, the project is expected to be completed by the first half of 2025. The company has its U.S. headquarters based in Lauderdale-by-the-Sea and has locations in Kuala Lumpur, Malaysia; London, England; and Bangkok, Thailand.

You May Also Like

Sales Launch for First-Ever Viceroy Residences in Miami

It is the ideal location for those who desire to be at the center of commerce and culture.

First Turnkey Resort Condominium Coming to Fort Lauderdale

Groundbreaking of Natiivo is expected in the first quarter of 2025, with a 2028 anticipated completion date.

The Rider at Wynwood Sales Gallery Includes Motorcycles                     

The 146-unit condominium will feature turnkey residences and luxury amenities.

Sticker Shock: Florida Home Prices Double in Just Six Years

Point2Homes, an international real estate search portal, released a revealing study.

Other Posts

A Love for Pediatric Care

Insights into the growth of Nicklaus Children’s Health System.

Nicklaus Children
Editor’s Letter: Old Friends and New Developments

There are a lot of interesting people and families in our May issue.

Casa Ya’ax Provides an Insightful Experience Into Authentic Mexican Cuisine

Chef Omar Montero takes diners on a culinary journey through his homeland.

Vision Board: Dr. Ann Monis

Meet the trailblazing figure in Florida’s healthcare industry.

Dr. Ann Monis

Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.