FOR IMMEDIATE RELEASE
Media Contacts:

Norm Glazer | Vice President, Investments
GCI Development
[email protected]
216.831.6100
______________________________
Christine Venaleck | Vice President, Marketing & Communications
GCI Residential
[email protected]
216.831.6100


GCI RESIDENTIAL AND LUMER REAL ESTATE ANNOUNCE GROUNDBREAKING OF BLÜ AVENTURA, A MIXED-USE DEVELOPMENT

MIAMI DADE COUNTY, FLORIDA (October 18, 2022): GCI Development of Beachwood, Ohio, and Lumer Real Estate of Sunny Isles, Florida, broke ground on their mixed-use development Blü Aventura on September 14, 2022 and begin construction this week. The project, located at the intersection of North Miami Gardens Drive and NE 24th Avenue, will be an upscale mixed-use development to include 700 midrise apartments with first floor retail and attached parking.

Blü Aventura will consist of two phases, West and East. GCI Construction will build the complex, and GCI Residential will manage it upon completion. The West phase is the first to begin construction with an anticipated opening date in early 2024.

The West and East phases of Blü Aventura will each include 26,800 square feet of street level retail space, and 350 apartments designed to appeal to the broad renter base of South Florida. The apartment mix will consist of studio, one-, two- and three-bedroom suites ranging in size from 586-1636sf. Living spaces will feature patios/balconies, premium finishes including hardwood-inspired flooring, quartz countertops, California-style walk-in closets, designer light fixtures, washers and dryers, stainless steel appliance packages, frameless walk-in showers and more.

Planned as a smoke-free and pet-friendly development, Blü Aventura will feature market-leading amenities including saltwater pools, multi-story clubhouses, gaming lounges, outdoor entertaining spaces, elevators, garage parking, virtual golf simulator with putting green, and rooftop terraces with lounges and plunge pools.

According to Norm Glazer, VP of Investments with GCI Residential, “Immediately upon seeing the site, we knew this was an area in which we wanted to invest long-term. With each visit to Aventura, I leave with a new appreciation for the area’s culture, sophistication, and overall lifestyle. Our ground-floor retail will further invigorate an already dynamic area. We look forward to welcoming residents in early 2024 and being part of this energetic community.”

Gustavo Lumer, CEO of Lumer Real Estate, adds, “"We are very happy to begin construction on this amazing project that we have envisioned for seven years: to expand and improve the Aventura lifestyle with much needed luxury rental apartments and premium retail."

The affluent, trendy area of Aventura is approximately 15 miles north of Miami and is internationally recognized as a premier destination for living, shopping, entertainment, dining and recreation. Aventura is conveniently located between two major South Florida airports as well as two of the most popular seaports in the world, and a hub for the new Brightline Station.
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About the Developers
With Blü Aventura, GCI will continue to build upon its 70 years of experience in the development, construction and management of residential, commercial and mixed-use properties. GCI Development is headquartered at 25101 Chagrin Blvd., Beachwood, Ohio 44122, and its subsidiary GCI Residential is located at 10720 Sikes Place, Charlotte, North Carolina 28277. www.goldbergcompanies.com

Lumer Real Estate is a boutique real estate firm in Miami led by Gustavo Lumer, with 35 years experience in commercial and residential real estate brokerage, principal investment, and development. Lumer Real Estate is located at 19370 Collins Avenue, Suite CU1, Sunny Isles Beach, Florida 33160. https://www.lumer.com/ • [email protected]