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Vitalis Tower in Aventura Set to Break Ground in Q2 2027

Vitalis Tower in Aventura Set to Break Ground in Q2 2027

Aventura, FloridaSource: Florida YIMBY
MarketsZoning

Construction is expected to begin in the second quarter of 2027 on Vitalis Tower, a seven-story medical and professional office building at 21291 NE 28th Avenue in Aventura, Florida. Arcadia Real Estate Developers, led by Bernardo Rieber and Noel Epelboim, is behind the project, which will sit on a 1.63-acre site.

The building is planned to offer roughly 114,000 square feet of usable medical and professional office space. The developer has said permits are in hand, and the City of Aventura has approved a revised site plan that includes project enhancements. Completion is targeted for early 2029.

The tower sits less than 100 yards from Aventura Hospital and will include about 15,000 square feet of ground-floor retail and 364 covered parking spaces. Office suites start near 200 square feet and can be combined into units of up to 30,000 square feet, designed for medical practices, healthcare providers and wellness services.

Fortune Development Sales, led by César Youkhadar, is handling sales and leasing. About 30 percent of the project has already sold, and the developer is also courting investors looking for income from medical office ownership.

Practical implication: developers and lenders tracking Aventura's healthcare corridor should note the permitted site plan and the pre-sales level when assessing demand for medical office space.

Topics

arcadia-real-estate-developersaventuraaventura-hospitalmedical-officesite-planvitalis-tower

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