Continuum Company Closes $25 Million Pre-Development Loan for Continuum Club & Residences in North Bay Village

Continuum Company, a real estate development firm with offices in NYC and Miami, has closed on a $25 million pre-development loan for the Continuum Club & Residences, a planned 32-story luxury condominium development located at 1755 John F. Kennedy Causeway in North Bay Village, Florida. The financing was provided by Benmark Capital, a vertically integrated real estate private equity and debt investment firm. Continuum Club & Residences has reported strong pre-sales activity, with 50% of units already under contract.

The transaction provides capital to advance site preparation and development activities for the project, which is anticipated to bring 198 luxury waterfront residences to the revitalizing North Bay Village submarket. Developed in partnership with Aksoy Holdings, Continuum Club & Residences represents Continuum’s second Miami project following the successful delivery of Continuum South Beach.

“Benmark Capital is pleased to support The Continuum Company in advancing this highly anticipated development,” said Mark Simon, Chief Executive Officer of Benmark Capital. “This transaction reflects our commitment to financing institutional-quality projects sponsored by experienced developers in supply-constrained, high-demand markets.”

Joe Moser, Director at Benmark Capital, added, “Continuum Club & Residences is exceptionally well-positioned to benefit from the significant investment and infrastructure improvements underway in North Bay Village. We are proud to play a role in bringing this transformative project to fruition and to continue expanding our footprint in the Miami market.”

Designed by Arquitectonica, with interiors by Durukan Design and landscaping by Martha Schwartz Partners, the development will offer over 60,000 square feet of amenities, including multiple resort-style pools, a private marina, a waterfront fitness center and spa, curated dining, and wellness-focused services. The project broke ground in March 2025 and is targeting completion in early 2028.

"Securing this pre-development loan from Benmark Capital is a testament to the strength of our vision for Continuum Club & Residences and the confidence in our team's ability to deliver exceptional value," said Ian Bruce Eichner, Chairman and CEO of Continuum Company. "The tremendous support from our financial partners underscores the unprecedented demand for luxury waterfront living in Miami's emerging neighborhoods. This financing will enable us to maintain our momentum as we transform North Bay Village into Miami's next premier destination."

Renderings via Williams New York

For more information about Continuum Club & Residences or to inquire about purchasing a unit please fill out the form below:

Continuum Company Launches Continuum Club & Residences in North Bay Village

Continuum Company in partnership with Aksoy Holdings, Turkish developer of The Ritz-Carlton Residences, Bodrum, are proud to announce the official launch of sales for Continuum Club & Residences, the newest luxury bayfront condominium in Miami's exclusive North Bay Village. The project represents the unveiling of Continuum 2.0 – the second-ever Contniuum branded residences, and the latest addition to the Miami portfolio of visionary developer Ian Bruce Eichner, renowned in South Florida for his role in creating the iconic Continuum South Beach, and transforming the South of Fifth neighborhood into what it is today. Continuum Club & Residences is slated to break ground in winter of 2024.

The curated development will feature 198 residences. The beautifully designed one, two, three, four-bedroom homes and penthouses start just under $1,000,000. A curvaceous beacon sitting at 32-stories, the residences will range from 800 to 4,000 SF, with access to coveted views of the Atlantic Ocean, Biscayne Bay, Indian Creek and Downtown Miami.

“We see North Bay Village as we once saw South of Fifth, brimming with tremendous growth potential," said Ian Bruce Eichner, Chairman and CEO of Continuum Company. "We're excited to pioneer another neighborhood evolution. Our optimism for North Bay Village drives our dedication to usher in a new era for this community. With its stunning views, beach and mainland access, and private island community, choosing this location for our second Continuum-branded project was an easy decision.”

Douglas Elliman Development Marketing has been selected as the exclusive sales and marketing brokerage for Continuum Club & Residences, along with Phil Gutman in an advisory role to the developer. Also coined Continuum 2.0, the boldly enriched project sits on the last untouched island community in Biscayne Bay, providing effortless access to Miami's exquisite beaches, upscale shopping districts, Michelin-star dining, golf courses, beach clubs, and South Florida's highest-rated schools. In addition to its many attractions, North Bay Village is set to become the official training facility for the Argentina Football Association (AFA), fueled by Lionel Messi’s arrival.

"North Bay Village offers an ideal setting for buyers seeking both the privacy of an island community and the proximity to Miami’s hottest new restaurants and neighborhoods," said Jay Phillip Parker, CEO of Douglas Elliman Development Marketing, who heads the sales for the project. "We're excited to present the next phase of Continuum within this bold waterfront development that truly curates a vibe of its own.”

Continuum Company assembled a world-class team, combining architecture by the renowned Arquitectonica, interiors curated by Durukan Design, and landscape architecture by Martha Schwartz Partners (MSP), to create a chic and vibrant aesthetic. The residences will offer a variety of spacious floor plans, each featuring private wrap-around terraces with sunset to sunrise views from every residence. Merging style and substance, the best-in-class kitchens present state-of-the-art Subzero/Wolf integrated appliances, custom European cabinetry, a culinary island and quartz countertops. Stepping into primary baths, residents will find marble stone flooring, dual rainfall showerheads overlooking the water, arched mirrors and Dornbracht fittings.

Continuing to cater to the lifestyle brand that Continuum has curated, Continuum Club & Residences will offer over 50,000 SF of transformative indoor and outdoor amenities. Facilitating a luxurious resort lifestyle on the water, the project will feature a waterfront resort pool with cabana seating, a garden pool for recreational activities, a jacuzzi plunge, a marina with boating pickup and drop off, and a waterfront lawn for social ventures. For residents who desire a wellness destination to call home, the development will feature a state-of-the-art indoor fitness studio and separate movement studio, as well as an immersive resident spa, with private treatment rooms, cryotherapy chamber and infrared sauna. Active residents will also have access to a double-height indoor sports court for pickleball and other games, along with a watersports dock stocked with all your floating needs, including kayaks and paddleboards.

Enriched in livability, Continuum Club & Residences features several culinary and entertainment activities, such as a destination waterfront restaurant with dining terraces and resident charging privileges, a private dining room, outdoor dining pavilion, and exclusive Continuum 24/7 Marketplace and Minibar. With convenience at the center of it all, the project also features a Continuum Resident’s App, E/V Charging Stations, secured bicycle and e-bike storage, temper-controlled storage and Tesla House car.

Furthermore, the amenity offerings continue with kids-focused activities such as an arcade, virtual lounge, children’s playroom and outdoor splash pad. Young learners can also find homework pods and a study hall on-site. Adults at Continuum Club & Residences can relax while working from home in the outdoor garden or cabanas with WiFi, the waterfront board room with A/V capabilities, or the executive lounge with work pods and a waterfront workspace terrace. Furry friends are celebrated at the development, where they have access to amenities such as an outdoor dog park, an indoor dog wash and spa, a companions lounge and The Island Walk, a waterfront promenade featuring a dog walk.

Renderings via Williams New York