Aventura City Commission approves Gulfstream Park development agreement extension

Aventura's Local Planning Agency is moving forward with a significant development agreement that could reshape the city’s landscape. During the February 20, 2025 meeting, city officials discussed a second amendment to the development agreement with Gulfstream Park Racing Association, which aims to extend the agreement's term to March 4, 2055. This extension will facilitate the construction of 1,633 residential units, alongside commercial and hotel developments on a 26.5-acre site.

Community Development Director Kevin Klop highlighted the key aspects of the agreement, which includes a maximum building height of 30 stories and a commercial floor area ratio of 2. The project will also introduce a new zoning district, TC 5, allowing for up to 62 units per acre. This zoning change is crucial as it aligns with the city’s vision for mixed-use developments that integrate residential and commercial spaces, enhancing accessibility to mass transit and promoting high-quality urban design.

The agreement also stipulates the establishment of unrestricted roadway access points and a traffic generation limit, ensuring that the development is sustainable and manageable. A public hearing is scheduled for March 4, 2025, where the city commission will consider the final approval of the development agreement and the associated rezoning.

As Aventura continues to grow, this development represents a pivotal step in shaping the city’s future, balancing residential needs with commercial opportunities. The anticipated outcomes of this project could significantly impact the local economy and community dynamics in the years to come.