Avida Aventura
Formerly known as Aventura Station, this 266 unit multifamily recovery and completion project required strategic coordination, stabilization, and leadership to drive turnover and closeout.
Aventura Station
Aventura, FL
Multifamily
266 Units
Multifamily Recovery And Completion In Aventura
Avida Aventura, formerly known as Aventura Station, required Strategic Group to step into a distressed, out of sequence multifamily project with major coordination, completion, and closeout items still remaining.
The project involved 266 residential units, a parking garage, pool deck, amenity areas, and ground floor retail space, requiring a focused recovery plan to restore momentum and drive the asset toward turnover.
The Challenge
- Took over a distressed, out of sequence 266 unit multifamily project with major completion, coordination, and closeout items remaining.
- Building lacked permanent power and water at takeover, limiting the ability to test systems, clear inspections, and progress toward turnover.
- Project required immediate re-engagement of existing subcontractors, vendors, consultants, and authorities to restart momentum.
- Historic flooding impacted the project during the final push toward completion.
The Approach
- Moved quickly to take assignment of existing subcontracts, reestablish communication, and restore accountability across the trade base.
- Established a recovery plan around permanent utilities, life safety, inspections, permit closeout, punch work, and turnover critical scopes.
- Re-sequenced field activities to correct out of order work, prioritize critical areas, and drive daily progress toward TCO.
- Organized private provider coordination, supplemental permit tracking, inspection records, and closeout documentation into a clear path forward.
- Coordinated ownership, design teams, inspectors, utilities, subcontractors, lenders, and insurance related stakeholders through recovery and turnover.
The Outcome
- Achieved TCO in just under one year, delivering 266 residential units plus a garage, pool deck, amenities, and ground floor retail space.
- Converted a stalled project into an operational multifamily asset.
- Restored project momentum and stakeholder confidence while demonstrating the ability to rapidly stabilize complex projects.
- Reengaged trade partners, managed private provider coordination, and led high pressure closeout through completion.
Recovery Across Residential Units, Amenities, Garage, Retail, And Turnover Critical Areas
Strategic Group helped stabilize the project through focused coordination, field driven problem solving, trade reengagement, utility planning, inspection tracking, and closeout management.
Modern Multifamily Spaces Completed Through A Focused Recovery Strategy
Managing A Distressed Project, Closeout, Or Multifamily Turnover?
Connect with Strategic Group to discuss project recovery, construction coordination, phased completion, and closeout support.