After paying $23.5 million for 2.2-acre site with the strip club Dean’s Gold (2355 Northeast 163rd Street) in North Miami, the group of Avenura-based investors and developers bought the adjacent 1.8 acre parking lot for $12.7 million. The assemblage is located within recently rezoned district. The team plans to develop the site into a mixed-used project Riverwalk designed by Arquitectonica. The project will have three towers with 1.5 million square feet. It will include residential, retails space, and a hotel.
