Although it seems that there is a new construction project being announced every day in Miami, right now in Bal Harbour there is nothing new to speak of. There has been talk of a new preconstruction project by the developers that brought Ocean Key Biscayne. It is being referred to by some as Ocean Bal Harbour. Details are still coming out. Have patients because it or one like it will be going up. If you don't feel like waiting, check out other areas of Miami where new construction is moving along at a fast pace. You can find luxury towers going up in the nearby areas of Aventura and Brickell.