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.
AVENTURA 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 HOSPITALITY
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
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.