Aventura developer launches mixed-use office condo project

Rieber Developments plans to break ground in December and complete the project in 2021

Rendering of 1212 Aventura
Rendering of 1212 Aventura

Rieber Developments released plans for 1212 Aventura, a mixed-use development with office condos and senior living.

The Arquitectonica-designed project, at 21290 Biscayne Boulevard, will have 30,000 square feet of retail space, 30,000 square feet of office space, 150 luxury senior living units and a parking garage, according to a release. Cervera Real Estate was hired to handle sales of the office condos, which range from $329,000 for a 670-square-foot unit to $660,000 for a 1,200-square-foot unit.

Rieber Developments, led by Bernardo Rieber, plans to break ground in December and complete the project in 2021, according to a spokesperson.

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Rieber is also building Ivory 214, a medical and professional office building with a Tapestry Collection by Hilton hotel.

Aventura and the nearby Ojus neighborhood are home to a number of medical and professional office properties, in addition to other medical-oriented real estate. Earlier this year, SilverTree Residential paid $22.9 million for the senior living facility at 2751 Northeast 183rd Street.

A development group is planning West Aventura Town Center, a $200 million, 600,000-square-foot mixed-use development in Ojus that could include an assisted living facility or senior living component.

Last year, Integra Investments completed the final pieces of its $300 million Aventura ParkSquare mixed-use development with a 131-unit luxury condo building, a 100,000-square-foot Class A office component, 55,000 square feet of ground-floor retail and restaurant space, a 45,000-square-foot medical center, luxury senior living and a 207-key Aloft hotel.