Pagani Residences has officially broken ground in North Bay Village, marking a defining milestone for both the development and the neighborhood as it continues to emerge as one of Miami’s most coveted waterfront destinations.

On display during the ceremony were three Pagani Hypercars — the Huayra BC, Huayra Coupé, and Utopia Coupé — underscoring the craftsmanship, performance, and design excellence that inspire Pagani Residences.

The groundbreaking brought together key project stakeholders led by Mikael Hamaoui, founder and CEO of Riviera Horizons, whose vision brought Pagani Residences to life in collaboration with Horacio Pagani and Pagani Arte. Hamaoui was joined by Horacio Pagani, Edgardo Defortuna, president and CEO of Fortune International Group, Brenda Basso, chief executive officer of Pagani Arte, Nicola Volpi, chairman of Pagani Automobili, Christopher Pagani, marketing director of Pagani Automobili, and Brett David, CEO of Prestige Imports and Pagani of Miami, alongside local leadership including North Bay Village Mayor Rachel Streitfeld. Their presence reflected the highly collaborative and deeply personal nature of the project, further underscoring Pagani Residences’ significance within Miami’s evolving ultra-luxury landscape.

Developed by Riviera Horizons in collaboration with Horacio Pagani and Pagani Arte, the 30-story boutique tower will feature 70 all-corner residences designed to maximize natural light, privacy, and sweeping views of Biscayne Bay and the Atlantic Ocean. Expansive terraces extend the living experience outdoors, reinforcing the project’s connection to its waterfront setting.