A VIBRANT ATMOSPHERE 1212 Aventura will offer dynamic ground-floor retail spaces with a range of enticing gourmet restaurants, wellness options, art, entertainment, and shops.
Set to be 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 Medical District.’ 12|12 Aventura is situated in a prime location at 21290 Biscayne Blvd, Aventura, FL 33180, 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 guests and locals alike while offering a unique mix of medical and professional office condos, a luxury senior community and ground-level retail complete with a market-style gourmet food hall.
Designed by Arquitectonica, 12|12 Aventura will be a 10-story complex consisting of 30,000 SF of commercial retail space, 25,000 SF of offices, a 140 luxury senior living residences and a parking garage. ID & Design International is outfitting the interiors of the common areas throughout the project.
12|12 Aventura will be located at 21290 Biscayne Blvd. Aventura FL 33180. This property is just two blocks from the Aventura Hospital, which has been designated a “Trauma II” facility – one of the only two facilities with designation in Miami.
The surrounding area is classified as the “Medical Office District” and only allows construction of medical service facilities and related services. This area is the epicenter for medical facilities, including the hospital as well as 300 surrounding medical practices.
To help alleviate road congestion and provide easier access to the area, the City of Aventura recently approved a Master Road Plan for the Medical District. This plan calls for the construction of 214th Street, which will connect US-1 with Ivory 214. Furthermore, the new passenger train will stop just three blocks from Ivory 214, making it simple to reach Ivory 214 without a vehicle.
EB-5 is the U.S. Immigrant Investor Program that allows entrepreneurs and their spouses and unmarried children under 21 to be eligible to apply for a green card (permanent residence) if they make the necessary investment in a commercial enterprise in the U.S. The permanent residency opens the path to citizenship. “Congress created the EB-5 Program in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. In 1992, Congress created the Immigrant Investor Program, also known as the Regional Center Program. This sets aside EB-5 visas for participants who invest in commercial enterprises associated with regional centers approved by USCIS based on proposals for promoting economic growth.”
Definition of an EB-5 Visa Qualified Investment
International investors and their family members (spouse and unmarried children under 21).