Search
 

The Venture Sells Out in One-Day Event

AVENTURA, FL-Hundreds of people attended the Oct. 15 event for the 500-unit, two-building condominium project planned here, which will be the first phase of a redeveloped town center. Construction on The Venture is set to begin in the spring.

By Melissa Bogdany | Updated on October 21, 2003

AVENTURA, FL-The Venture, a 500-unit condominium project planned for the city, held an Oct. 15 event that resulted in a complete sellout. Hundreds of people attended the buyout event for The Venture. The doors opened at 9 a.m., and by the end of the business day, no units were remaining.

The developers pitched tents and served meals to the crowds. The Related Group of Florida is the project’s developer. “We anticipated crowds but were surprised by the overwhelming response and strong turnout,” says John Chappelear, a senior vice president with the Related Group and the project manager for The Venture. “Buyers are eager to have the opportunity to live in a new type of urban setting.”

Buyers were invited to buy residences for as low as $139,900 for a one-bedroom unit. Related Cervera Realty Services is handling sales for the project, to be located just east of Biscayne Boulevard at Northeast 187th Street and 29th Avenue.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.