MIAMI—Aventura ParkSquare, a mixed-use development in Aventura, just inked two more upscale tenants. Integra Investments signed leases with Mediterranean Kitchen and Lee Spa Nails. Icebox Cafe, greenmonkey yoga, Graziano’s Market and Barry’s Bootcamp are among the previously announced tenants.
Slated to debut at Aventura ParkSquare in 2017, Cycle House is Los Angeles’ first premier indoor cycling studio. The new location will serve as the luxury fitness company’s first Florida outpost—and second on the East Coast—and will span 3,500 square feet with frontage to the project’s epicenter along its main boulevard.
“Aventura ParkSquare will completely change the landscape of the retail market in Aventura,” Eduardo Otaola, a development associate at Integra, tells GlobeSt.com. “Before our project, retail in the area primarily consisted of outdated town center and community retail concepts, in addition to the overwhelming presence of the Aventura Mall.”
Mediterranean Kitchen is a fast casual concept by Icebox Cafe founder Robert Siegmann and his second restaurant concept within Aventura ParkSquare, will offer healthy, all natural, “grab and go” items and fresh sandwiches and wraps. Mediterranean Kitchen will also offer catering to the building’s office tenants for corporate gatherings, events and meetings.
“Aventura’s healthy demographics have driven consistent demand for retail space with rental rates escalating at an organic pace,” Otaola says. “The success of retail sales at Aventura ParkSquare is a testament to the strong demand for mixed-use projects with strong retail components.”
Developed by Integra, the 7.5-acre Aventura ParkSquare will break from the chain restaurants, stores and large scale mass populace gyms that have marked most of Aventura’s traditional retail centers. Aventura ParkSquare has assembled an organically driven, group of local retail and restaurant tenants with concepts that aim to represent the needs of Aventura’s upscale population that desire more boutique and service-driven offerings.
Michael Comras, Jonathan Carter, and Michael Silverman of Comras Company spearhead the retail leasing for the project and brokered each of these transactions. The project will also be home to a 131-unit luxury residential condo tower, a flagship Aloft hotel; a 100,000-square-foot class A office building with outdoor event space, and a 45,000-square-foot wellness medical center with specialty healthcare tenants.
Located on the corner of 2900 Waterways Boulevard and Northeast 207th Street, Aventura ParkSquare is just minutes from Aventura Mall and close to Biscayne Boulevard and Ives Dairy Road. The project is slated for completion in 2017.