AURA MIXED-USE PROJECT IN NORTH MIAMI BEACH TOPS OFF CONSTRUCTION
8-Story Development to Deliver 375 Luxury Rental Units and 17,000 SF of Retail to Downtown Corridor
NORTH MIAMI BEACH, Fla. (Jan. 11, 2023)–Macken Companies, a vertically integrated real estate development, construction and brokerage firm, has announced that Aura, a 533,835-square-foot, eight-story mixed-use development with 375 luxury rental units and 17,000 square feet of retail space located at 16955-17071 West Dixie Highway in North Miami Beach, has topped off construction.
Developed in partnership by Dallas-based Trinsic Residential Group and South Florida-based Macken Companies, Aura will play a significant role in revitalizing the City’s Downtown area and its major corridors.
Trinsic owns the residential portion of the project, and Macken Companies owns the full retail component.
Designed by Coral Gables-based Corwil Architects, and taking cues from sustainable design, portions of the building are elevated above street level on a stilt-like framework, referencing the area’s maritime history and coastal environment. Residents will enjoy a rooftop pool, plenty of open space, and a third level amenity deck with sweeping views of Greynolds Park to the Intracoastal Waterway, Sunny Isles Beach and the Atlantic Ocean. The ground floor will feature a lush courtyard and the retail has been designed to integrate the surrounding community and improve the walkable streetscape.
Situated at the gateway to North Miami Beach directly on the West Dixie Corridor at 16955-17071 West Dixie Highway, Aura is bordered by neighboring Aventura and nearby Sunny Isles. The project directly north of the historic Ancient Spanish Monastery and Arthur Snyder Tennis Court Complex, and in close proximity to the county’s 265-acre Greynolds Park. Aura offers easy access to Biscayne Boulevard, I-95 and all major arteries.
Headquartered in North Miami Beach for nearly 35 years, Macken Companies is also currently developing Koya Bay, a luxury waterfront townhome community on the Intracoastal Waterway in the Eastern Shores neighborhood of North Miami Beach, nearing completion. The firm has developed, constructed and sold luxury a wide variety of projects throughout the tri-county area and west coast of Florida, including single-family and luxury townhome communities, condominiums, mixed-use developments, shopping centers and more.
For more information on Macken Companies, please contact www.mackencompanies.com.
About Macken Companies
Macken Companies is a vertically integrated firm with real estate investment, development, construction, financing and brokerage entities. Over the course of more than 30 years, Macken Companies has been instrumental in the repositioning and revitalization of neighborhoods throughout South Florida. The name Macken has become synonymous with visionary planning and development, superior construction, and record-breaking sales and marketing. As a fully integrated firm, Macken Companies’ affiliate entities—VCM Builders and Macken Realty—work in tandem to offer clients complete residential and commercial real estate solutions. Regardless of the size and scope of the endeavor, Macken Companies approaches every opportunity with equal passion, diligence and accountability. As a result, Macken Companies is highly regarded throughout the state for its reputation and integrity. For more information, visit www.mackencompanies.com.
About Trinsic Residential Group (TRG)
TRG develops suburban, high-end institutional, garden-style properties as well as high-density urban communities, concentrating on areas of population and business growth. TRG also performs the general contracting for its product and uses “best in class” planning and construction practices, emphasizing high-end finishes, distinctive design elements and a full complement of amenities. The firm’s team of industry veterans has, in total, well over 50 years of experience. TRG principals have developed or acquired in excess of 20,000 units with a total capitalization of over $4 billion in multifamily real estate. Fore more information, please visit https://trinsicresidential.com.
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