The Real Deal Miami

Developers file plans for new Ojus office condos

Offices would have wet bar, ping pong tables and sky lounge
January 07, 2016 02:15PM

A rendering of the proposed Aventura Square office condo in Ojus

A rendering of the proposed Aventura Square office condo in Ojus

Prive Land Banking and CK Holdings have filed an application for their second Ojus office condo project: Aventura Square.

The proposal is for a six-story building with about 80,000 square feet of usable space, according to a news release from the partnership. Included in that space is 8,000 square feet of ground-floor retail, and the developers also hope to build 16 residential units at the back of the property. Aventura Square, designed by Arquitectonica, would also feature a parking garage with 333 spaces.

Saleable space ranges from entire floors to individual suites that will be between 600 and 2,000 square feet. Pricing details have not yet been released. Along with its offices, Aventura Square would host a package of amenities for its buyers: a sky lounge with conference rooms, entertainment areas with ping pong tables and a wet bar, according to the release.

CK and Prive are awaiting word from county officials who are reviewing their application. Late last year, the pair nabbed approvals for another nearby office condo project, Forum Aventura, which officially launched sales this week.

Aventura Square is slated to be built on a 1.34-acre stretch of land at 18802 and 18820 West Dixie Highway in Ojus, an unincorporated piece of Miami-Dade County that sits between North Miami and Aventura. Some contend that Ojus is gentrifying: investors and developers have been assembling chunks of vacant land with hopes of building mixed-use projects there — somewhat due to attractive pricing compared to more established markets like Aventura.

The development partners paid a combined $2.925 for both parcels in 2014, according to Miami-Dade County records. That breaks down to about $50 per square foot. They also recently picked up a North Miami Beach strip club in September with hopes of turning it into a new mixed-use project— Sean Stewart-Muniz