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Developers sign three new tenants at Aventura ParkSquare

New lessees add to project's "health and wellness" theme
Apr. 22, 2016

The upcoming Aventura ParkSquare mixed-use project just signed on three new tenants, including a Mediterranean restaurant and an exercise studio.

Of the three tenants, the largest is Cycle House, a cycling studio that got its start in Los Angeles. The fitness studio’s 3,500-square-foot location at Aventura ParkSquare will be its first ever Florida branch.

Cycle House’s routines are focused on burning large amounts of calories in short periods of time, all to the beat of “high-energy music.”

Developer Integra Investments had told The Real Deal in the past that Aventura ParkSquare is meant to be a health-oriented project, with Cycle House joining other fitness studio tenants like Barry’s Bootcamp and greenmonkey yoga.

ParkSquare has also signed the Mediterranean Kitchen, a fast-casual eatery from the founder of Icebox Cafe founder Robert Siegmann. The shop will have “grab-and-go” natural foods as well as sandwiches and wraps. It will be located at the base of the project’s office condo building, which sold out last year. Icebox Cafe is also opening a restaurant at the Aventura ParkSquare.

Integra also announced its first beauty salon tenant: Lee Spa Nails. The salon will have 1,410 square feet of space and offer services like manicures, pedicures, facials, waxing, eyelash extensions, tanning, body massages, hair and skin care treatments.

Leasing is being handled by The Comras Company. Besides its retail space, the 7.5-acre project will have a 131-unit residential tower, 100,000 square feet of Class A office space, a 45,000-square-foot wellness and medical center, plus an Aloft Hotel with 207 rooms developed by Norwich Partners.

Integra broke ground on the project this month with a $100 million construction loan and expects to finish in 2017.

By Sean Stewart-Muniz


Read full article here therealdeal.com.