Riviera Horizons has broken ground on a 70-unit tower where Horacio Pagani is personally directing the design.
Riviera Horizons has broken ground on a 70-unit tower where Horacio Pagani is personally directing the design.
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North Bay Village is not where Miami’s branded residence story has traditionally been told. Brickell carries the finance premium. Sunny Isles hosts the tower-row model that has defined Florida branded living for a decade. South of Fifth draws the legacy buyer. North Bay Village, an island municipality of roughly 8,000 residents sitting between Miami Beach and the mainland, has been the quieter subplot: smaller footprint, lower profile, growing interest.
On May 15, Riviera Horizons put their stake in the ground – literally. Pagani Residences broke ground at 7940 West Drive, placing a Huayra BC, a Huayra Coupé, and a Utopia Coupé on the site as the ceremony’s visual argument. They were a statement: that the Pagani brand standard — one of the most labor-intensive production processes in the automotive world — is the design ethos being applied to 70 waterfront residences on Biscayne Bay.
Mikael Hamaoui, founder and CEO of Riviera Horizons, originated the collaboration with Horacio Pagani and Pagani Arte, the Made-in-Italy interior design division Pagani established as an extension of the automotive atelier. Pagani Arte curates the interiors; Revuelta Architecture, a Miami firm with deep local market experience, designed the building’s exterior envelope.
Sales and marketing representation falls to Fortune International Group, led by Edgardo Defortuna; the firm currently representing Cipriani Residences, The Residences at Mandarin Oriental Miami, and Baccarat Residences Miami, among others. Fortune’s presence signals a project with institutional sales infrastructure behind it, not a boutique launch operating on speculation.
Horacio Pagani’s personal involvement is the development’s primary differentiator. This is his first residential project worldwide. The press release states direct involvement across architectural vision through interior details, a claim worth taking seriously given how tightly Pagani controls production quality in the automotive context.
“Today’s buyers are increasingly discerning, seeking projects with a distinct point of view and an authentic sense of authorship.”
30 stories, 70 residences, all-corner positioning, two to four bedrooms. Every unit carries a private terrace oriented toward Biscayne Bay and the Atlantic. The tower’s two penthouse units are two-story, each with a private rooftop pool, hot tub, and summer kitchen.
Interior finishes draw directly from Pagani’s signature design style: carbon fiber panels, hand-finished metalwork, supple leathers. Pagani Arte has also produced a bespoke furniture collection specific to the project, meaning the designed environment extends to furnishings rather than stopping at architectural shell. A wellness level occupies the 29th floor, positioned as a reference to the Italian Dolomites. The rooftop carries a pool with 360-degree views.
The Auto Privata program, operated through Prestige Imports and Brett David, CEO of Pagani of Miami, will provide vehicle storage, maintenance, and transportation services for residents. This is a coherent brand extension rather than a marketing add-on: the expected buyer profile for a project rooted in hypercar provenance is also a collector.
Entry pricing is set at $3.9 million.
Entry Price $3.9M
Units 70 all-corner, 2–4 bedroom
Height 30 stories North Bay Village
Exterior Architect Revuelta Architecture
Interior Curation Pagani Arte
Sales Fortune International Group
Automotive Concierge Auto Privata / Prestige Imports
North Bay Village is not competing with Brickell’s unit-count plays or Sunny Isles’ beach-tower model. The positioning here is boutique, 70 units across 30 floors.
The Pagani brand does not carry a hospitality operation that drives aspiration through room nights and F&B. It carries aspiration through scarcity and craft: the automotive atelier has produced roughly 150 cars per year in recent years. That scarcity premium is what Riviera Horizons is importing into the residential market, and it represents a meaningful structural difference from how most branded residences are sold.
Whether buyers in that $3.9M-and-above range will price the Pagani provenance as a true premium over comparable Biscayne Bay product is the market test this project now runs. Comparable North Bay Village inventory is thin, which works in the project’s favor on supply. Demand-side validation will come from sales velocity, which Fortune’s international network, 21 offices, legions of South American and European buyers, is well-positioned to drive.
The broader significance of Pagani Residences is not the tower itself but what it tests. Miami has absorbed hotel-flag branded product for two decades. It has seen fashion houses, spirits brands, and art-world names attached to residential towers with varying degrees of authenticity. What it has not seen is a maker, someone who actually fabricates objects with this level of material precision, directing a residential program from architectural concept through furniture design. If Horacio Pagani’s direct involvement delivers at the standard his atelier maintains in Modena, North Bay Village will have a genuinely singular address on Biscayne Bay.
