La Mare Bay Harbor Islands: Pre-Construction Buyer's Guide (2026)

La Mare Bay Harbor Islands -- formally the Regency Collection at La Mare -- is the first South Florida project from Regency Development Group, the family-run Chicago firm founded in 2004 by Alex Troyanovsky, Igor Michin, and Michael Troyanovsky. The building sits directly on Biscayne Bay at 9927 East Bay Harbor Drive, with architecture by Kobi Karp Architecture and Interior Design and interiors by Sao Paulo-based Debora Aguiar Arquitetos -- the designer behind 1 Hotel and Homes South Beach.

The Regency Collection is an 8-story, 33-residence boutique tower with two- to four-bedroom floor plans ranging from roughly 1,567 to 4,200+ square feet. Pricing starts at approximately $1.5 million and climbs to $17 million at the penthouse end. The building is targeted for LEED certification, raised on elevated pilings, and finished with Italian materials throughout -- Antonio Lupi bathroom fixtures, Poliform cabinetry, Miele appliances, and travertine.

Completion is targeted for 2026, following a December 2024 construction start backed by a $55.7M JLL-arranged construction loan. La Mare is the first of two La Mare buildings on East Bay Harbor Drive -- a smaller 9-residence Signature Collection at 9781 East Bay Harbor Drive completed first.

View the La Mare Bay Harbor Islands building page for floor plans, current pricing, and available units.

The Quick Take

Where is La Mare?

The address is 9927 East Bay Harbor Drive on the East Island of Bay Harbor Islands, the man-made twin-island community built into Biscayne Bay between Bal Harbour, Surfside, and Indian Creek Village. The lot sits on the bay-facing west side of the East Island, looking across open water toward the Miami skyline.

Bay Harbor Islands is a 0.7-square-mile town created by developer Shepard Broad in the 1940s and connected to the mainland by the Broad Causeway -- the toll bridge Broad himself authorized in 1947 that finally opened in 1951. The town's two islands -- originally Broadview (West) and Bay Harbor (East) -- still function as a residential community of roughly 6,000 people, zoned tightly enough that almost everything new is boutique-scaled.

Drive times from 9927 E Bay Harbor Drive:

• Bal Harbour Shops: under 5 minutes east across Indian Creek
• Surfside / 96th Street: 5 minutes
• South Beach / Lincoln Road: ~15 minutes via Collins Avenue
• Aventura Mall: ~15 minutes north
• Miami International Airport: ~25-30 minutes
• Wynwood / Design District: ~20-25 minutes via Broad Causeway

This is a walk-everywhere island with bay access at the door and the beach a five-minute drive away.

Who's Behind La Mare?

Regency Development Group is a Chicago family firm founded in 2004 by Alex Troyanovsky, Igor Michin, and Michael Troyanovsky. La Mare is the firm's debut project in South Florida and its largest residential bet outside the Midwest. Construction financing was arranged by JLL in late 2024 -- a roughly $55.7 million loan that aligns with the project's December 2024 groundbreaking.

The development now spans three collections under the La Mare umbrella, all by Regency:

• Regency Collection (this building) -- 33 residences at 9927 E Bay Harbor Drive
• Signature Collection -- 9 residences at 9781 E Bay Harbor Drive, the smaller sister building that broke ground first
• Bay Villa Collection -- a later announcement of stacked villa-format residences

Together, the La Mare master plan delivers roughly 50 residences across the East Island parcels. The Regency Collection is the largest single building of the set.

Architecture and Design

The design architect is Kobi Karp, founder of Kobi Karp Architecture and Interior Design (KKAID), the Miami firm he started in 1996. Karp's portfolio includes Palazzo Del Sol and Palazzo Della Luna on Fisher Island, Monad Terrace in South Beach, the Four Seasons Private Residences Fort Lauderdale, and Legacy Miami World Center. KKAID has worked on projects with an aggregate development cost reported at over $36 billion.

La Mare's exterior is a glass-clad rectangular volume sized for the small island parcel -- 8 floors, modest footprint, with wrap-around floor-to-ceiling glass on every residence to pull in the bay light. The massing is calibrated for 2-4 residences per floor on the lower levels and one residence per floor on levels 5 through 8. The top of the building includes two penthouses, each with a private rooftop pool.

Interiors come from Debora Aguiar Arquitetos, the Sao Paulo firm founded by Brazilian architect Debora Aguiar in the late 1990s. Aguiar is best known in Miami for the residential interiors at 1 Hotel and Homes South Beach -- a project commissioned by Barry Sternlicht and Richard LeFrak that became the template for the natural-material, reclaimed-wood interior look that defined a generation of Miami Beach branded residences.

For La Mare, Aguiar leans into the same vocabulary: bleached driftwood, travertine, sand-toned natural stone, raw concrete, and metals. The brief reads as a tropical villa stacked vertically -- the kind of interior that makes a high-rise apartment feel like a beach house rather than a hotel room.

Finish specifications include:

• Antonio Lupi Italian bathroom fixtures (Tuscan family-owned brand, founded 1950, known for proprietary materials like Cristalmood and Flumood)
• Poliform Italian cabinetry in kitchens and closets (Como-based, founded 1970)
• Miele appliance suite, including coffee machine and wine cabinet
• Stone countertops throughout
• Travertine and natural stone in primary finishes
• Dual showers and deep soaking tubs in primary baths
• Private or semi-private elevator entry to each residence

Residences at La Mare

The Regency Collection details from developer materials:

• 33 residences across 8 stories
• Two- to four-bedroom layouts
• ~1,567 to 4,200+ square feet of interior space
• Floor-to-ceiling, wrap-around glass walls
• Levels 5-8: one residence per floor (full-floor product)
• Top of building: 2 penthouses with private rooftop pools
• HEPA filtration systems and in-line water heating (tankless, anti-mold)
• Private or semi-private elevator access to each home

Pricing reported across launch materials ranged from a low around $1.5 million for entry two-bedroom homes to roughly $17 million at the top of the penthouse stack. Two-bedroom homes were reported starting around $1.625M in earlier marketing.

Amenities

La Mare's amenity package is sized for a 33-residence building -- intentionally smaller and more private than a 200-unit oceanfront tower.

Rooftop and pool deck

• Rooftop infinity pool facing Biscayne Bay
• Jacuzzi
• Daybeds and lounge chairs
• Rooftop bar and summer kitchen
• Lounge seating and shaded daybed cabanas

Wellness

• Fitness center
• Spa facility with steam room and sauna
• HEPA-filtered indoor air across common spaces

Waterfront

• Private marina with boat slips available for purchase
• Slips sized for yachts up to roughly 45 feet
• Direct access to Biscayne Bay and out via Haulover Inlet

Building

• Elevated pilings (above flood elevation)
• Targeted LEED certification
• Resident concierge and lobby
• Two penthouse residences with private rooftop pools

How La Mare Compares to Other Bay Harbor Boutique Condos

Bay Harbor Islands' 2025-2026 pipeline is the densest cluster of boutique luxury development the town has seen. La Mare sits in the middle of the pack on unit count and toward the lower end on price-per-foot, with the architectural pedigree to compete on design.

A few read-outs from the comparison set:

• Smallest building in the high-end Karp-designed Bay Harbor set. Karp's Bay Harbor work runs to bigger floor plates elsewhere; La Mare is his small-island boutique format.
• Lower entry price than 9900 West or La Mare Signature. $1.5M vs $3M+ reflects the Regency Collection's mix of two-bedroom inventory on lower floors.
• Private boat slips are a differentiator. Onda markets 14 slips for 30-55-foot boats; 9900 West has a 10-slip private marina; La Mare advertises slips up to roughly 45 feet for purchase by residents. Most Bay Harbor projects do not have private dockage.
• LEED + elevated pilings is a meaningful commitment. Few Bay Harbor projects publish a LEED target. The pilings address the flood-elevation reality of building on a low-lying barrier island.
• Pure-condo, no hotel. Unlike The Well Bay Harbor (wellness-branded) or larger oceanfront branded product, La Mare is a clean residential building without a hotel program or licensed brand layered on top.

The Neighborhood

Bay Harbor Islands is a small, low-key residential town. The defining adjacencies are Bal Harbour to the east, Surfside south of Bal Harbour, Indian Creek Village to the south, and the open bay to the west.

Bal Harbour Shops (5 minutes east)

The closest serious retail destination is Bal Harbour Shops at 9700 Collins Avenue, the open-air luxury mall anchored by Saks Fifth Avenue (opened 1976) and Neiman Marcus (opened 1971) -- the first center anywhere to have both. The tenant mix runs to roughly 130 stores including Chanel, Gucci, Prada, Dior, Cartier, Bottega Veneta, Hermes, and Valentino, and the property is in the middle of a multi-year expansion.

Kane Concourse dining

The town's commercial spine is Kane Concourse / 96th Street, the east-west street that crosses both islands. The dining stretch includes Le Zoo (French-Mediterranean, 200 seats at the edge of Bal Harbour Shops), Emilio's Trattoria (Italian), Bay Harbor Bistro and Bakery, Makoto (Japanese, at Bal Harbour Shops), OPEN Kitchen by Pure Simple Cooking, Pura Vida, PAON Eatery, Macology, and several cafe-and-takeout options. The character is neighborhood-scale, not nightlife.

Ruth K. Broad Bay Harbor K-8 Center

The town's public school, Ruth K. Broad Bay Harbor K-8 Center, sits on the East Island. It ranks consistently among the strongest Miami-Dade public schools -- top 5% in Florida by Public School Review, #16 in Best Public K-8 Schools in Florida per Niche, and roughly 86% math proficiency vs a 52% state average. For families, the in-district school is one of Bay Harbor's strongest selling points and a meaningful resale factor.

Indian Creek Village

Just south across a short bridge is Indian Creek Village -- a 292-acre island of 39 single-family estates and the private Indian Creek Country Club. The village is one of the smallest and most exclusive municipalities in the United States; it is referenced from Bay Harbor mostly as context for the neighborhood's overall altitude rather than as a place residents access.

Surfside and the beach

Surfside sits east of Bal Harbour and runs to the Atlantic. The closest public beach access is on 96th Street in Surfside, roughly a 5-minute drive from 9927 E Bay Harbor Drive. Surfside's commercial spine on Harding Avenue includes restaurants, coffee, and the Four Seasons Surf Club further south at 9011 Collins.

Broad Causeway

Heading west off the island, the Broad Causeway is the toll bridge to the mainland, landing at NE 123rd Street in North Miami and connecting to I-95 in under 10 minutes. The bridge is in a long-running PD&E study for replacement, with lane closures during construction phases. Most Bay Harbor residents also use the longer Sunny Isles / Haulover route to the north or the Julia Tuttle / MacArthur causeways for trips south.

FAQ

What is the official name of La Mare Bay Harbor Islands?

The development is marketed as La Mare, with two delivered buildings: the Regency Collection at 9927 E Bay Harbor Drive (33 residences, the larger building) and the Signature Collection at 9781 E Bay Harbor Drive (9 residences). Most listings, sales materials, and the unified building page reference "La Mare Bay Harbor Islands" as a single project name.

Who is the developer of La Mare?

Regency Development Group, a Chicago-based family firm founded in 2004 by Alex Troyanovsky, Igor Michin, and Michael Troyanovsky. La Mare is Regency's first project in South Florida.

Who designed La Mare?

Kobi Karp of Kobi Karp Architecture and Interior Design is the architect. Interiors are by Debora Aguiar Arquitetos, the Sao Paulo firm founded by Brazilian architect Debora Aguiar, also responsible for the residential interiors at 1 Hotel and Homes South Beach.

How much do La Mare residences cost?

Starting pricing for the Regency Collection has been reported from roughly $1.5 million for entry two-bedroom homes, with the high end of the penthouse stack reaching approximately $17 million. Pricing for the smaller Signature Collection at 9781 E Bay Harbor Drive starts higher, around $3 million. Confirm current pricing with the official sales team.

How many residences are at La Mare?

The Regency Collection has 33 residences across 8 floors. The separate Signature Collection has 9 residences. Together with a smaller Bay Villa announcement, La Mare's master plan covers roughly 50 residences on the East Island.

When will La Mare be completed?

Completion is targeted for 2026. Construction on the Regency Collection began in late 2024, supported by a roughly $55.7 million construction loan arranged by JLL.

Does La Mare have boat slips?

Yes. The building includes a private marina with boat slips for purchase, sized for yachts up to roughly 45 feet. Access is direct to Biscayne Bay with ocean access via Haulover Inlet.

What sustainability features does La Mare include?

The buildings are designed to be LEED certified, raised on elevated pilings that decouple the structure from tidal flood levels, and include HEPA air filtration systems and tankless in-line water heating. Recycled and locally sourced materials run through the interior finish package.

Bottom Line

La Mare Bay Harbor Islands is a 33-residence, Kobi Karp-designed boutique condominium on Biscayne Bay with Debora Aguiar interiors, Antonio Lupi and Poliform finishes, private boat slips, and a LEED-targeted sustainability spec. Pricing starts around $1.5M with delivery targeted for 2026. For buyers who want a small-island Bay Harbor address with a credible architect, bay-front amenities, and a price floor below the mid-island branded competitors, the Regency Collection is one of the strongest reads of the 2026 delivery class.

Want a Data-Driven Read on La Mare?

If you're evaluating a pre-construction reservation -- pricing, floor selection, deposit schedule, or how La Mare stacks against Onda, 9900 West, Bay Harbor Towers, and The Well -- reach out to Kyle Benjamin, REHub Miami.

View La Mare Bay Harbor Islands building page | Browse Bay Harbor Islands pre-construction | Contact us

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Disclaimer: This article is for general informational purposes. Pre-construction pricing, floor plans, finish packages, amenity specifications, and delivery timelines can change between launch and completion. Always verify details directly with the official sales team and developer materials before making any reservation or purchase decision.