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News Release: 12|12 Aventura Announces Groundbreaking

FOR IMMEDIATE RELEASE

Community-Focused Development to Feature Senior Luxury Residences, Gourmet Marketplace and Professional Offices; Will Further Establish the Aventura Health District

AVENTURA, FL (May 12, 2020) – Aventura-based Rieber Developments has announced the groundbreaking of 12|12 Aventura, a premier mixed-use project with medical and professional offices, senior luxury residences and a vibrant dining and shopping food hall.

Designed by Arquitectonica with interior designs from Interiors by Steven G., 12|12 Aventura will be a 10-story complex consisting of a 30,000-square-foot gourmet marketplace and food hall, 25,000 square feet of offices, a 160-residence luxury senior residential component and a structured parking garage.

Among the first of its kind in South Florida, the visionary project, along with its sister development, the under-construction Ivory 214, a medical and professional office building with an accompanying Tapestry Collection by Hilton™ hotel, will serve as the epicenter of the ‘Aventura Health District.’

“Breaking ground on 12|12 Aventura is a significant milestone for us, especially in these challenging times,” said Bernardo Rieber, principal of Rieber Developments. “Our philosophy in creating this project has always been to bring something new and unique to the neighborhood, melding community, culture, health and wellness to benefit the area. We are extremely proud to move one step closer to delivering this project, and furthering the Aventura Health District.”

Situated in a prime location at 21290 Biscayne Blvd, Aventura, FL 33180, 12|12 Aventura is less than one mile from Aventura Mall, and directly adjacent to Aventura Hospital. The centrally located development will serve as a destination for dining and shopping for area guests and locals alike, while offering a unique mix of professional office condos, a luxury senior community and commercial retail complete with a Chelsea Market-style food hall on the ground floor.

12|12 Aventura is located at the epicenter of Aventura’s leading medical facilities, within a designated ‘medical office district’ solely dedicated to medical and related services. With more than 300 surrounding medical and professional practices, and Aventura Hospital’s designation as a Level II trauma center – one of only two facilities in Miami-Dade County with this designation – 12|12 Aventura is uniquely positioned to serve the surrounding community.

Rieber Developments is led by Bernardo Rieber, an established developer specializing in mixed-use developments, with a track-record of high-quality, innovation and value in the related industries of multifamily, office and commercial retail.

Cervera Real Estate serves as the exclusive brokerage for 12|12 Aventura’s office condos. Forty percent of the offices are sold and under contract.

12|12 Aventura boasts a central location minutes from major thoroughfares including US 1 (Biscayne Blvd.), I-95 and the Florida Turnpike.

Construction is being led by Winmar Construction, an affiliate of Coastal Construction, with completion slated for 2022. For more information, please call 786.408.5055 or visit 1212aventura.com.

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CONTACT:

Israel Kreps
ikreps@krepspr.com

Ansley Campbell
acampbell@krepspr.com
305-663-3543

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