Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MIAMI-Cigarette Racing Team LLC, a legendary powerboat manufacturer that has outgrown its headquarters facilities in Aventura, FL, has broken ground on a larger facility in nearby Hialeah Gardens that also will enable the company to consolidate operations.

“It’s called expansion,” Burt Weisberg, the company’s chief operating officer, tells GlobeSt.com. “The company has grown tremendously.”

The new location will replace four plants next to one another out of which the company operates now. The four plants total about 50,000 sf. The company also uses about 30,000 sf of outdoor space.

The new, single-building headquarters, at Okeechobee Road and Northwest 107th Avenue, will total about 87,000 sf. It also will house the company’s apparel store and administrative offices.

Operating from four separate plants is challenging and difficult during unfavorable weather conditions, Weisberg says. “A lot of times, it’s absolutely pouring here,” making it difficult to operate, he says. Having everything under one roof will make things considerably easier, he says.

The estimated construction cost of the new facility is $4.2 million. In addition, the company will buy the land from the developer for $1.1 million when the facility is finished next spring, Weisberg says.

Cigarette Racing Team, named after company founder Don Aronow’s first racing boat, Cigarette, started in 1970. The company makes boats that start at about $300,000.

The new facility will move about 100 employees to Hialeah Gardens. It is expected to add $25,000 to the city’s tax base.

The state-of-the-art building will have brand new machinery and will be laid out in a more efficient manner, Weisberg says. These characteristics will help the company increase profits and employees, he says.

The company’s current location east of U.S. 1 on Northeast 188th Street in Thunder Alley, where the company began, is being redeveloped into a condominium community.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.