Closings Begin At Privé at Island Estates In Aventura Despite Pending Litigation
Privé at Island Estates in Aventura has begun closings despite pending litigation. The luxury condo project has seen it all from a court ruling that a sidewalk built through homeowners properties as an easement was illegal to Dara Clarke, a resident whose property was used possibly used for the sidewalk, staging a sit-in that ended up in her and her husband driving a Porsche and BMW through freshly poured concrete and the couple ending up in jail. Privé at Island Estates is nearly 80% sold and has received a temporary certificate of approval (TCO) for the first tower with the second tower expected to receive its TCO soon. The towers first topped off in the fall of 2016. Privé at Island Estates features 160 luxury condo units with a total sellout of about $500 million. Pricing starts at $2.1 million and 2,585 SF.
Privé at Island Estates is being developed by Gary Cohen and BH3. The 16-story, 2 tower project was designed by Sieger Suarez Architects with interiors by Steven G.The development offers five-star resort-style amenities with 70,000 SF of public space, including a 10,000 SF gym and spa in each tower, a full-circuit running path tracing the shoreline of the island, outdoor summer kitchens and dining terraces, a private jetty, 2 expansive lap pools, a poolside café, wine and cigar rooms, a tennis court, multiple pools, jacuzzis, and a private marina; all located on an 8 acre island.