Regency redevelops South Florida center

Regency Centers has demolished most of its Aventura Shopping Center in the South Florida town of the same name, and is underway with a near-total redevelopment.



The Publix grocery anchor at the center south of Hollywood is the only structure that remains, though the 35,500-sq.-ft. space will be expanded to 49,000 sq. ft. with parking below the store.



“Some 85,500 sq. ft. of new construction will emphasize contemporary design with wood and stone tile accents that “will distinguish itself among the area’s shopping and dining options,” said Doug Pearl, Regency’s VP of architecture and placemaking.



New tenants will include C VS and HSBC bank, according to a report in The Real Deal, a South Florida real estate publication. More than 32,000 sq. ft. remains available for lease.



Construction is underway, too, at the nearby Aventura Mall, which is adding a three-story, 241,000-sq.-ft. retail wing.

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