West Aventura Developers Proposes Mixed-Use Development In Newly Rezoned Ojus Urban Area District

West Aventura Developers, led by Marina Kessler and Gustavo Lumer, have proposed there mixed-use buildings in the newly rezoned Ojus Urban Area District, just west of Aventura. The area which sits just north of Greynolds Park, was recently rezoned by Miami-Dade county to allow mixed-use development and more density. The 7.9 acre site is located at 2375 NE 186th St.

The proposal includes three buildings designed including an 8-story building with 378 apartment units, 31,375 square feet of retail and 585 parking spaces designed by Corwil Architects; a 12-story building with 114,385 square feet of leasable office space, 16,715 square feet of retail and 552 parking spaces designed by Arquitectonica; the final building would rise 8-stories offering 247 apartment units, 19,160 square feet of retail, 386 parking spaces and a rooftop pool, also designed by Corwil Architects.

Ness Realty Proposes The Gateway Mixed-Use Project In Aventura

An entity tied to Raphael Ammar and Ness Realty have proposed The Gateway, a mixed-use project that would feature office space, retail and a hotel. The developer has filed an Administrative Site Plan Review Application with Miami-Dade County for the 1.35-acre site located at 2630-2600 NE 203rd Street. The developer is seeking a zoning change to move the property entrance from NE 203rd Street to NE 26th Avenue. The property sits across Biscayne Boulevard (US-1) from Aventura Mall, adjacent to Beacon Tower, and is located within the Ojus Urban Area District. There is currently an older office and apartment buildings on the site.

The Gateway is designed by International Design Engineering Architecture (IDEA) and would be built in two phases. The current proposal calls for 100,800 square feet of office space, 7,200 square feet of retail, 21,760 square feet of convention space, 167 hotel rooms and 492 parking spaces. Phase 1 would include the construction of the 6-story office building and Phase 2 would include the 12-story hotel. The Gateway is expected to break ground in Q3 2021 pending approvals and obtaining building permits.

Reuben Brothers Acquires 25% Stake In The JW Marriott Miami Turnberry Resort & Spa

The British-based private equity and investment firm, Reuben Brothers, led by David and Simon Reuben, have acquired a 25% stake in the JW Marriott Miami Turnberry Resort & Spa from Jeffrey Soffer’s Fontainebleau Development. The price of the transaction was undisclosed. The JW Marriott Miami Turnberry Resort & Spa recently completed a $300 million renovation including the addition of 300 hotel rooms, a 3,000-visitor capacity waterpark known as Tidal Cove Waterpark and the expansion of its convention center. The hotel property is one of the largest in South Florida, featuring 685 hotel rooms and a 36-hole golf course. Reuben Brothers and Fontainebleau Development are reportedly exploring additional partnerships on investments.

DJ Khaled Sells Island Estates Waterfront Mansion In Aventura For $4.8 Million

DJ Khaled, whose real name is Khaled Mohamed Khaled, has officially sold his Island Estates waterfront mansion in Aventura for $4.8 million. The closing price is nearly 45% off of the initial $7.99 million list price from December 2018. The custom designed home, which is located at 3914 Island Estates Drive and built in 2001, spans 6,697 SF and is decked out with the music producers own personal taste including a custom sneaker room.

Khaled spent over $2.5 million remodeling the four-story, 5 bedroom, 6 bath Mediterranean estate to include 14k gold chandeliers with Swarovski crystals, beautiful open spaces with floor to ceiling windows, an elevator, dramatic foyers, granite staircase, a wine room, gourmet chef’s kitchen plus a master suite with a sitting area and veranda with water views. The master-suite features a massive sneaker closet with his signature slogan “WE THE BEST” printed on the closet floor with the capacity for over 500 shoes. The lushly landscaped outside features a stunning tropical pool and spa overlooking the bay where Khaled has played host to many parties for his friends, Jay Z and Rihanna included; as well as multiple outdoor lounge areas and summer kitchen.

The home was listed for $7.99 million by Janet Ben Zvi of ONE Sotheby’s International Realty and the buyer is being represented by Julian Johnston and Caterine Gomez of Corcoran. DJ Khaled initially purchased the property in 2014 for $3.84 million and has since moved to a 13,000 SF mansion he purchased for $22 million Pine Tree Drive, Miami Beach.

Photo via Life Style Production Group for ONE Sotheby’s

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Rieber Developments Breaks Ground on 12|12 Aventura in the Aventura Health District

Aventura-based Rieber Developments has announced the groundbreaking of 12|12 Aventura, a 10-story complex comprising of a 30,000-square-foot gourmet marketplace and food hall, 25,000 square feet of offices, a 160-residence luxury senior residential component, and a structured parking garage, all with interiors designed by Interiors by Steven G.

The Arquitectonica-designed mixed-use project and its sister development Ivory 214, a medical and professional office building accompanied by a Tapestry Collection by Hilton™ hotel, will both serve as the epicenter of a planned ‘Aventura Health District.’

12|12 Aventura is nestled near a designated ‘medical office district’ which includes many of Aventura’s leading medical facilities. The $100 million project is also surrounded by 300 medical and professional practices and services, including Aventura Hospital, one of the only two facilities in Miami-Dade County with the designation of a Level II trauma center.

The centrally located development is also situated less than a mile away from Aventura Mall and from major thoroughfares including US 1, I-95, and the Florida Turnpike. With its own vibrant Chelsea Market-style food hall on the ground floor, 12|12 Aventura is uniquely positioned to serve the local community and guests alike a designation for shopping and dining.

“Breaking ground on 12|12 Aventura is a significant milestone for us, especially in these challenging times,” said Bernardo Rieber, principal of Rieber Developments. “Our philosophy in creating this project has always been to bring something new and unique to the neighborhood, melding community, culture, health, and wellness to benefit the area. We are extremely proud to move one step closer to delivering this project, and furthering the Aventura Health District.”

Cervera Real Estate is the exclusive brokerage for 12|12 Aventura’s office condos, forty percent of which are already sold and under contract. Construction is being led by Winmar Construction, an affiliate of Coastal Construction. The development is expected to be completed in 2022.

By Isabella Zimmermann

Virgin Trains Announces Aventura, PortMiami & Boca Raton Stations Will Open In October 2020

Virgin Trains has announced that both the Aventura, PortMiami and Boca Raton stations are expected to come online in October 2020. Formerly known as Brightline, the train line is now in negotiations with Orlando entertainment parks and venues for a 2nd Orlando station while the Orlando International Airport station remains on schedule. Aventura will get a $77 million train station with on-site parking and a pedestrian bridge to Aventura Mall, which is the 2nd most visited mall in the United States with over 28 million visitors annually. Construction is expected to start late December 2019 to early 2020. The Boca raton station expects to break ground before the end of 2019 as well. Other stations in the works include PortMiami which is expected to open in late 2020 with construction set to begin in Q1 2020. The PortMiami, Aventura and Boca Raton stations are expected to bring an additional 2 million riders to the train system with Virgin Trains now looking at a railway expansion west of the Orlando International Airport. Virgin continues its expansion into South Florida with Virgin Voyages, Virgin Hotels and Virgin Trains.

Rieber Developments Closes On $36 Million Construction Loan For Ivory 214

The Aventura-based Rieber Developments has announced that they have closed on a $36 million construction loan for Ivory 214. The loan was provided by the Miami-based BridgeInvest and was formally granted to the property’s development LLC, Shalev Development Group. Ivory 214 is already under construction after general contractor Winmar Construction, an affiliate of Coastal Construction, broke ground in March 2018 and is on schedule to complete the project in the first quarter of 2020.

When complete Ivory 21 will be a 10-story medical and professional office building with an accompanying Tapestry Collection by Hilton™ hotel. Along with its recently announced sister project, 12|12 Aventura, the projects will serve as the epicenter of the ‘Aventura Medical District.’ Ivory 214 is a Class A+, state-of-the-art facility featuring an independent hotel and medical office space. The contemporary building is comprised of 10,942 SF of retail, 38,191 SF of offices, 100 hotel rooms, and 313 parking spaces.

The significant project milestone comes on the heels of the extraordinary sales interest for the project’s office condos, which has just four office spaces remaining, from the original 34. Sales of the Ivory 214 office condos has been led by Cervera Real Estate as the exclusive broker.

“Securing the construction financing for Ivory 214 is an especially proud moment and a key step in delivering this compelling project to Aventura,” said Bernardo Rieber, principal of Rieber Developments. “Today’s closing is an endorsement of the continued strength and market appeal of Ivory 214 as we continue our forward momentum.”

Driftwood Hospitality Management will serve as the hotel operator of the Tapestry Collection by Hilton™ hotel which will feature 100 extended stay rooms complete with kitchenettes, and premium amenities including a fitness center, pool and cabanas, meeting rooms, a lounge area, restaurant and bar, rooftop terrace, valet parking, and 360-degree views of Aventura.

Located at 2820 NE 214 St, Aventura, FL 33180, Ivory 214 boasts a prime central location, less than one mile from Aventura Mall, and directly adjacent to Aventura Hospital.

Rieber Developments Reveals Mixed-Use 12|12 Aventura In The New Aventura Medical District

The Aventura-based Rieber Developments, led by Bernardo Rieber, has revealed plans for 12|12 Aventura, a mixed-used project with offices for medical professionals, a luxury senior living component and vibrant dining and shopping. Set to be among the first of its kind in South Florida, the visionary project, along with its sister development, the under-construction Ivory 214, a medical and professional office building with an accompanying Tapestry Collection by Hilton™ hotel, will serve as the epicenter of the ‘Aventura Medical District.’ 12|12 Aventura is situated in a prime location at 21290 Biscayne Blvd, Aventura, FL 33180, less than one mile from Aventura Mall, and directly adjacent to Aventura Hospital. The centrally located development will serve as a destination for dining and shopping for area guests and locals alike, while offering a unique mix of medical and professional office condos, a luxury senior community and commercial retail complete with a Chelsea Market-style food hall on the ground floor. Designed by Arquitectonica, 12|12 Aventura will be a 12-story complex consisting of 30,000 SFof commercial retail space, 30,000 SF of offices, a 150-residence luxury senior living component and a structured parking garage. ID & Design International is outfitting the interiors of the common areas throughout the project.

“Our vision for 12|12 Aventura and the Aventura Medical District is to meld community, culture, health and wellness with unmatched convenience for our tenants, patrons and residents. We believe healing begins with architecture, and when we set out to develop this project we ensured every element was thoughtfully designed with this in mind,” said Bernardo Rieber, principal of Rieber Developments. “Offering a state-of-the-art food hall, lively contemporary restaurants, enticing retail and offices as well as modern-style luxury senior living where residents can interact more, this project was truly created to complement the surrounding community.” 

Sales of the 12|12 Aventura office condos recently launched with Cervera Real Estate as the exclusive brokerage. General contractor Winmar Construction, an affiliate of Coastal Construction, will break ground on the project in December 2019 with completion slated for 2021.

Take A First Look Inside The Shoreline At LeFrak & Turnberry's Solé Mia Mega-Project

The Shoreline, Solé Mia’s first two residential towers, has revealed a first look at the completed project where move-ins have begun. Jointly designed by Miami-based Arquitectonica and Robert M. Swedroe Architects, the Shoreline consist of two 17-story towers with 397 rental residences with studios, one, two and three-bedroom layouts. The Shoreline overlooks Sunny Isles, Oleta State Park, Biscayne Bay and the Atlantic Ocean. Amenities include two residential lounges, fitness center, business center, automated package rooms, a pool deck with jacuzzi, and access to South Florida’s first 7-acre Crystal Lagoon, Laguna Solé, which is set to open this Spring 2019.

The Shoreline is the first two towers of what will be 12 towers, 500,00 SF of retail and commercial space, a 225,000 SF University of Miami Health Center, all anchored around South Florida’s first 7-acre Crystal Lagoon, Laguna Solé, at the $4B, 184-acre master-planned community, Solé Mia. Solé Mia will ultimately be a 183-acre master-planned community with the entire development expected to take over 10 years to complete. In total Solé Mia will feature 4,300 residential units, retail, entertainment and recreation. Solé Mia is being developed by the NY-based LeFrak in collaboration with the Miami-based Turnberry Associates led by Jeff Soffer.

Construction On Esplanade At Aventura Now Underway At Aventura Mall

The New York-based Seritage Growth Properties has begun construction on the first phase of Esplanade at Aventura, the 215,000 SF ground-up development featuring experiential retail, unique entertainment and fine dining in a luxurious open-air high-street retail setting on the 12.3 acre site of the former Sears store at Aventura Mall. Once completed, the esplanade will offer a diverse mix of leading domestic and international retailers and restaurants, many of which will be new to the South Florida market, creating a world-class attraction for residents and visitors. Esplanade at Aventura is designed by SB Architects and Rockwell Group, which will feature a pedestrian boulevard, large outdoor plazas, as well as multiple patio and rooftop dining and entertainment areas. The project will also bring a new parking garage. Seritage Growth Properties is a publicly traded real estate investment trust which split off of parent company Sears in 2015. Seritage Growth Properties owns over 230 Sears properties nationwide, many of which they lease back to the struggling retailer. In 2016 Seritage Growth Properties sued Aventura Mall over the $214 million expansion which they claim violated a long-standing agreement but the case was settled and mall expansion is now nearly complete. Esplanade at Aventura is scheduled to open in late 2019.

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