New transit-oriented development brings 266 luxury apartments to booming Aventura neighborhood, 17 miles north of Miami

February 3, 2022, Fifield breaks ground for Avida Aventura

MIAMI (Feb. 3, 2022) — National developer Fifield Cos. today announced the start of construction for Avida Aventura (“Avida”), its 266-unit, transit-oriented apartment community located in north Miami, at 19401 W. Dixie Hwy., near the new Aventura Brightline high-speed rail station and Aventura Mall.

“Avida will meet the growing demand in the Aventura submarket where options are limited for renters seeking upscale residences,” said Erin Spears, president of Fifield Cos. “With construction on the nearby Aventura Brightline station underway and the Miami metro rental market continuing its upward trajectory, breaking ground on an apartment building that brings the unit mix, amenities and services of a downtown-style building to this market comes at the right time.”

The eight-story Avida will offer studio, one-, two- and three-bedroom residences ranging from 470 to 1,400 square feet. Recognizing the broad demographics of the area, Fifield Cos. designed Avida to include a larger number of three-bedroom apartments than typical of the market, providing the additional space desired by residents like families and couples with hybrid work arrangements. At the other end of the spectrum, the developer has factored in demand from younger professionals seeking smaller residences at lower price points.

Amenities at Avida will include a 20,000-square-foot rooftop entertaining deck with a resort-style heated pool, shade cabanas, dining areas, grills, sauna and spa; dog spa; fitness center with state-of-the-art equipment; two resident lounges with dining and coworking/hosting areas; and dedicated coworking space with private office or conferencing rooms and a variety of open work areas. The thoughtfully designed apartments at Avida will feature luxury finishes and all will include balconies.

“As we do with all our buildings, we are approaching this development to integrate seamlessly into the Aventura lifestyle and community, which is known for its highly social energy and affinity for design,” said Navi Sandhu, senior vice president at Fifield Cos. “From the resort-inspired design throughout the common areas and residences, to the live-work-play amenities, Avida Aventura will offer the holistic, elevated experience renters in this part of southeast Florida are seeking.”

Sandhu added, “Avida’s location couldn’t be better. With the new Aventura Brightline station just steps away, our residents will be able to reach downtown Miami or Fort Lauderdale in under 30 minutes. Aventura Mall, with its numerous dining and entertainment options, will be a comfortable walk away via the new Aventura station’s pedestrian bridge over Biscayne Blvd.”

Fifield Cos. has partnered on Avida with capital partners CrowdStreet, an online real estate investing platform, Chilean real estate development firm Sencorp, and Bank OZK. The building was designed by MSA Architects, with ID & Design International handling interior design, and Current Builders as general contractor.

In addition to Avida Aventura, Fifield Cos. is developing an eight-story, mixed-use residential building in Miami’s Wynwood neighborhood. Located at 65 NE 27th St. near the proposed Wynwood Brightline station, the building will include 210 apartments, nearly 10,000 square feet of retail space and a pedestrian paseo. Fifield plans to begin construction on the Wynwood project in fall 2022.

About Fifield Cos.:

Fifield Cos. is one of the nation’s premier developers of luxury mid- and high-rise rental apartments. Established in 1977, Fifield has earned a reputation for creating superb living environments in some of the country’s most renowned locations, including Chicago, Dallas, Austin, southeast Florida, Los Angeles, Las Vegas and Honolulu. Fifield has completed more than 70 projects in the United States worth more than $7 billion. For more information, visit www.fifieldco.com.

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Editors:

For more information or to schedule an interview, contact Traci Failla at tfailla@taylorjohnson.com or (312) 267-4526.

Photo captions:

Avida Aventura Street View Rendering: Fifield Cos. has started construction on Avida Aventura, a 266-unit apartment development located on Dixie Highway, across Biscayne Blvd. from Aventura Mall, and steps from the new Aventura Brightline high-speed rail station.

Avida Aventura Outdoor Amenities Deck: Avida Aventura’s best-in-class amenities will include a 20,000-square-foot rooftop deck for outdoor entertaining, with resort-style pool, spa, cabanas, dining areas and more.