BUSINESS DRIVERS

MAJOR CORPORATIONS AND EMPLOYERS

  • 10-Story, 104,436 SF Class A Office Building
  • Sweeping views of some of Florida’s magnificent destinations
  • 104,436 Gross Leasable Square Feet
  • Million Dollar Renovation
  • Modern Porte Cochere and State-of-the-Art Lobby
  • State-of-the-Art Technology Building
  • 24 Hour Security Access
  • Ample Complimentary Parking
  • Full Service Banking with Drive Thrus and ATM
  • Restroom Commons per Floor
  • Contracted Covered Parking Canopy

OVERVIEW

Aventura is a planned, suburban city located in northeastern Miami-Dade County, Florida, that began its development during the early 1970s and was initially referred to as Turnberry. Aventura became an incorporated city in 1995.

While commercial retail centers are the most evident commercial use in Aventura and have been developed to support its growing and affluent residential population; hotel construction has not kept pace leaving viable hotel space at a premium.

ADJACENT HOTEL SITES

Located directly adjacent to the Site, is the Aventura Courtyard Marriott as well as plans for Aventura’s newest brand hotel, Embassy Suites by Hilton.

AVENTURA MALL

Located across the street from the Site, Aventura Mall is one of the 10 top-grossing centers in the nation with nearly 2.0 million SF and a 650,000 SF entertainment wing with a 24-screen movie complex. Major anchors Nordstrom, Macy’s, Sears, Bloomingdale’s and J.C. Penney. Aventura Mall has become the centerpiece of an emerging retail hub for northeastern Miami- Dade and southeastern Broward County.

AVENNTURA COMMONS

This $35 million “power” center opened along the east side of Biscayne Boulevard between N.E. 207th Street and the county line includes an 117,000 square foot Target, plus outlets occupied by PetSmart, Whole Foods Market and Best Buy. Another large complex in the immediate area is anchored by Bed, Bath & Beyond, Old Navy and DSW, and has a 162-room Courtyard by Marriott hotel to the rear.

TURNBERRY ISLES

In the center of the heart of Aventura is The Turnberry Golf Course encapsulated by Aventura’s Country Club Drive Circle, a multimillion dollar horticultural three-mile walking/jogging paved promenade which overlooks lakes, opulent residential highrises, yachts and the Atlantic Ocean.

GULFSTREAM PARK

Just north of Aventura is Gulfstream Park, a 225- acre thoroughbred horse racing facility and a major tourist attraction hosting year-round concerts, festivals and a full slate of horseracing. January 2006 marked the completion of an enlarged main track, expanded turf course and expanded 300,000 square foot air conditioned clubhouse. Additionally, Phase I of the $1.2 billion Hallandale Beach complex includes 410,000 square feet of retail space, 90,000 square of office space and 310,000 square feet of clubhouse space.

 

TOURISM AND HOSPITALIY

Aventura’s international shopping destinations, beaches, warm weather and unique culture make the area a top international tourist destination. As the worldwide economy continues to improve, Aventura will benefit from further growth in domestic, European and Latin American travel.

In the fiscal year ending 2013, had set a new record providing an increase in visitation of nearly 7% from the previous 12-month period. Since then growth rates have been 2.4%, 3.3% and in July, just 0.6% with more than 1.1 million overnight visitors to Miami-Dade in July.

Observers say the area is also gaining stature internationally because of the growth of arts and culture, as well as its ability to attract business from places including Russia and Asia in addition to Latin America.

 

DEMOGRAPHICS
Current Population 26,279
Adjusted Total Pop (Carrier Route) 29,143
Total Daytime Pop 35,240
Workplace Pop 20,007
Average Household Income $104,123
Median Household Income $77,256
Total Households $12,103
Median Home Value $370,209
Total Consumer Spending/Capita (Weekly) $329

Sources: City of Aventura Business Directory, LoopNet, US Census.gov, City-Data.com and MiamiDade.gov

Disclaimer: Even though obtained from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the information herein, and it is subject to errors, omissions or other changes in the data due to economic, social or other unforeseen conditions.

TRANSPORTATION

Public Transportation

Public transportation in Miami is operated by Miami-Dade Transit and SFRTA, and includes commuter rail (Tri-Rail), heavy-rail rapid transit (Metrorail), an elevated people mover (Metromover), and buses (Metrobus). Miami has Florida’s highest transit ridership as about 17% of Miamians use transit on a daily basis. Miami’s heavy-rail rapid transit system, Metrorail, is an elevated system comprising two lines and 23 stations on a 24.4- mile (39.3 km)-long line. Metrorail connects the urban western suburbs of Hialeah, Medley, and inner-city Miami with suburban The Roads, Coconut Grove, Coral Gables, South Miami and urban Kendall via the central business districts of Miami International Airport, the Civic Center, and Downtown.

 

Roadways

The William Lehman Causeway connects Aventura with it’s beaches, Sunny Isles, MIami Beach and South Beach while A1A, Federal Highway, Dixie Highway/US 1, I-95 and the Florida Turnpike acting as the main north/south corridors.

Other major corridors include SR 112 (Airport Expressway), 826 (Palmetto Expressway), SR 836 (Dolphin Expressway), SR 874 (Don Shula Expressway), 826/Bird Road to Homestead Extension of Florida’s Turnpike/Kendall, SR 878 (Snapper Creek Expressway), SR 874/Kendall to U.S. Route 1/Pinecrest & South Miami and SR 924 (Gratigny Parkway) Miami Lakes to Opa-locka.

Miami International Airport

Miami International Airport serves as the primary international airport of the Greater Miami Area. One of the busiest international airports in the world, catering to over 35 million passengers a year. Miami International is the busiest airport in Florida, and is the United States’ second-largest international port of entry for foreign air passengers, and the seventhlargest such gateway in the world. The airport’s extensive international route network includes nonstop flights to over seventy international cities in North and South America, Europe, Asia, and the Middle East.

Fort Lauderdale-Hollywood International Airport

Alternatively, nearby Fort Lauderdale-Hollywood International Airport also serves commercial traffic in the Miami area is undergoing a massive 2.3 billion expansion to handle the substantial growth in air traffic into south Florida. The expansion includes a long-haul international terminal with increased international traffic and increased gate capacity from 66 to 97 gates.

PortMiami

Miami is home to one of the largest ports in the United States and is often called the “Cruise Capital of the World” and the “Cargo Gateway of the Americas.” It is the number one cruise/passenger port in the world and is one of the nation’s busiest cargo ports, importing more than 7.8 million tons of cargo annually.

Port Everglades

A short distance north of Aventura is Ft. Lauderdale’s Port Everglades which generates is home to the world’s two largest cruise ships, Royal Caribbean International’s Oasis of the Seas and Allure of the Seas. Port Everglades is a top container port in Florida, handling more than 5.9 million tons of cargo annually and generating more than $31.3 million in revenue.

 

All Aboard - Aventura Station

Aventura commissioners say they support a proposed new commuter rail line serving South Florida’s coastal cities. Unlike the existing Tri-Rail line, the new rail line will take travelers directly to and from coastal cities with growing urban populations and large concentrations of downtown offices including Aventura to downtown Miami and northern Florida cities.

The proposed Aventura station would be across from the north end of the Aventura Mall, where the railroad tracks run parallel to Biscayne Boulevard. There could be a bridge across Biscayne Boulevard to help passengers cross the busy street.

PortMiami Expansion

PortMiami’s Deep Dredge project will deepen the Port’s existing channel from its current 42-foot depth to minus 50-52’ in preparation for the Panama Canal Expansion, scheduled for completion in 2015. The Deep Dredge will make PortMiami the only U.S. port south of Norfolk, Virginia, that can accommodate the new, mega cargo vessels that will pass through the expanded Panama Canal.

The deepening of Miami’s channel will create 33,000 new jobs, double cargo throughput, and increase PortMiami’s annual economic impact to more than $34 billion. Located in the heart of downtown Miami, PortMiami contributes nearly $27 billion annually to the local and state economies and supports 207,000 jobs, both directly and indirectly, in the State of Florida.

2875 NE 191st Street • Suite 511
Aventura, Florida 33180
305.935.1000

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