Fifield Companies 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. Read the full article here
“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.
“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 short, comfortable walk away via the new Aventura station’s pedestrian bridge over Biscayne Blvd”
