New Construction Projects in Palmetto Bay, Florida

Project 1: Laguna Vista (Palmetto Bay Village Center redevelopment)

• Developer: Goddard Investment Group (site marketed by Avison Young)
• Location: 17777/18001 Old Cutler Road, Palmetto Bay, FL 33157 (former Burger King HQ / Village Center site)
• Type: Mixed-use (residential, retail, office, hotel)
• Units/Size: 413 multifamily units + 42 townhomes (approx. 455 total residential units); 280,000 SF retail; 315,000 SF office; 120-key hotel
• Status: Announced / Pre-construction (fully entitled and approved in 2025; site currently marketed for sale)
• Expected Completion: TBA (vertical construction not yet started as of mid-2026)
• Description: Major waterfront mixed-use redevelopment transforming an existing office campus into a walkable bayfront village with multi- and single-family housing, commercial space, and hospitality. Preserves significant green space and existing structures where possible.[1]

Project 2: Shores at Palmetto Bay

• Developer: Shores at Palmetto Bay LLC (Drew Rosen)
• Location: 17800 Franjo Road, Palmetto Bay, FL 33157
• Type: Mixed-use (apartments + retail)
• Units/Size: 80 units (3-story buildings; scaled down from initial 120-unit proposal) + approx. 5,880 SF retail
• Status: Under Construction (broke ground January 2026 with $19 million construction loan)
• Expected Completion: Not publicly specified (ongoing as of early 2026)
• Description: Scaled multifamily development with ground-floor retail/live-work elements in south Miami-Dade. Secured financing and began site work in 2026.[2]

Project 3: The Addison Townhomes

• Developer: Coastland Residential (Coastland Construction)
• Location: 18185 SW 98th Avenue, Palmetto Bay, FL 33157
• Type: Residential (rental townhomes)
• Units/Size: 83 townhomes across 13 two- and three-story buildings (3- and 4-bedroom floor plans)
• Status: Recently Completed (construction began January 2024; substantial completion targeted for late 2024)
• Expected Completion: Late 2024
• Description: Garden-style rental townhome community with amenities including green space and a dog park. Focuses on multi-generational living features.[3]

Notes: - Individual new single-family homes appear frequently on listing sites but do not qualify as larger-scale "projects." - Limited public details are available on some smaller multifamily proposals (e.g., The Residence of Palmetto Bay at 17920 S. Dixie Highway). Municipal projects like Veterans Park or the Recreation Center are not residential or commercial developments. - Information drawn from developer sites, local news, and real estate tracking sources as of September 2026. Projects can change status.