{"id":331801,"date":"2026-07-07T13:39:10","date_gmt":"2026-07-07T13:39:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/331801\/"},"modified":"2026-07-07T13:39:10","modified_gmt":"2026-07-07T13:39:10","slug":"aimco-attracts-restaurant-to-miami-project-amid-liquidation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/331801\/","title":{"rendered":"Aimco Attracts Restaurant to Miami Project Amid Liquidation"},"content":{"rendered":"<p>A real estate investment trust that\u2019s liquidating its holdings still managed to snag a high-profile restaurant lease for a condo development in Miami\u2019s Edgewater neighborhood.<\/p>\n<p>Thomas and Kassidy Angelo, the father-daughter restaurateur duo behind the Michelin Guide-recognized Daniel\u2019s, A Florida Steakhouse in Fort Lauderdale, are gearing up to open a waterfront restaurant at <a href=\"https:\/\/therealdeal.com\/company\/aimco\/\" rel=\"nofollow noopener\" target=\"_blank\">Aimco\u2019s<\/a> planned condo tower at 560 Northeast 34th Street, overlooking Biscayne Bay.<\/p>\n<p>Gioia Hospitality Group signed an 11,500-square-foot lease, including 2,500 square feet of outdoor dining space, on the ground floor of the development, according to a news release.\u00a0<\/p>\n<p>A spokesperson for the company declined to disclose the lease terms, but said the concept is expected to open late next year or early 2028.\u00a0<\/p>\n<p>The restaurant at the 38-story tower will feature a steak and seafood-focused menu and an outdoor waterfront bar. Additional details, including the restaurant\u2019s name and final concept, will be announced later.<\/p>\n<p>Rockwell Group, the architecture and design firm founded by David Rockwell, is designing the space. Michael Silverman and Jeff Evans of Comras Company represented the landlord in the lease deal.<\/p>\n<p>Aimco, led by CEO Wes Powell, announced plans for the Edgewater condo project in 2022. It was originally planned as a <a href=\"https:\/\/therealdeal.com\/miami\/2022\/05\/26\/aimco-plans-60-story-apartment-tower-on-waterfront-site-in-miamis-edgewater\/\" rel=\"nofollow noopener\" target=\"_blank\">60-story<\/a> building until the Miami Urban Development Review Board <a href=\"https:\/\/therealdeal.com\/miami\/2022\/06\/16\/miami-board-rejects-aimcos-proposal-for-waterfront-edgewater-tower\/\" rel=\"nofollow noopener\" target=\"_blank\">voted against<\/a> the proposal later that year.<\/p>\n<p>In December 2024, the Denver-based real estate investment trust secured <a href=\"https:\/\/therealdeal.com\/miami\/2024\/09\/17\/aimco-nabs-construction-financing-for-edgewater-rental-tower\/\" rel=\"nofollow noopener\" target=\"_blank\">$228 million<\/a> in construction financing for the development, comprising a $172 million loan from Apollo Global Management and $56 million in preferred equity from partner Sixth Street.<\/p>\n<p>In February, Aimco shareholders approved plans to <a href=\"https:\/\/therealdeal.com\/national\/2025\/11\/12\/aimco-to-propose-liquidating-assets-shutting-down\/\" rel=\"nofollow noopener\" target=\"_blank\">liquidate<\/a> the company through the sale of its remaining assets. At the time, its portfolio included 15 stabilized apartment communities, three recently completed developments, one project under construction and various land holdings across New York, Georgia, Illinois, California, Tennessee and Florida.<\/p>\n<p>The project is situated immediately south of Aimco\u2019s former 28-story, 276-unit Hamilton rental tower at 555 Northeast 34th Street, which it sold to Kushner Companies in 2024 for <a href=\"https:\/\/therealdeal.com\/miami\/2024\/10\/14\/kushner-buying-miami-apartments-from-aimco-for-190m\/\" rel=\"nofollow noopener\" target=\"_blank\">$190 million.<\/a>\u00a0<\/p>\n<p>Gioia Hospitality purchased the more than 7,500-square-foot Fort Lauderdale property at 620 South Federal Highway in 2024 to open Daniel\u2019s, replacing the former Canyon Restaurant, which had occupied the site for nearly 30 years.\u00a0<\/p>\n<p>Daniel\u2019s Fort Lauderdale location features a 4,500-square-foot main dining room with seating for 127 guests, including a six-seat chef\u2019s counter and a 17-seat bar, as well as a private dining room that accommodates up to 25 people.The group opened D\u2019s Sports Bar next door in early 2025.<\/p>\n<p>Daniel\u2019s Miami launched its Coral Gables spot last summer at the former Fiola Miami location at 1500 San Ignacio Avenue, which they co-owned and operated alongside Chef Fabio Trabocchi. The restaurant ranked No. 40 globally on the 2026 World\u2019s 101 Best Steak Restaurants list, landing No. 7 in North America and No. 6 in the U.S.\u00a0<\/p>\n<p>Gioia\u2019s La Sponda at <a href=\"https:\/\/therealdeal.com\/miami\/2025\/12\/18\/ugo-colombo-completes-vita-at-grove-isle-condo-project\/\" rel=\"nofollow noopener\" target=\"_blank\">Vita at Grove Isle<\/a> is slated to open later this year. Ugo Colombo\u2019s firm, CMC Group, completed the 65-unit project late last year.\u00a0<\/p>\n<p>\tRead more<br \/>\n\t\t\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/miami\/2024\/09\/17\/aimco-nabs-construction-financing-for-edgewater-rental-tower\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"106\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/07\/ft_MIA_Aimco-Construction-Loan-Edgewater-150x106.png\" class=\"FeaturedImage_image wp-post-image\" alt=\"Aimco Nabs Construction Financing for Edgewater Rental Tower\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tDevelopment\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n<p>Aimco scores $172M construction loan, $56M in equity for Edgewater apartment tower<\/p>\n<p>\t\t\t<\/a><br \/>\n\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/miami\/2022\/06\/16\/miami-board-rejects-aimcos-proposal-for-waterfront-edgewater-tower\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"143\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/07\/FT-Miami-board-denies-recommendation-of-Aimcos-plans-for-waterfront-tower-in-Edgewater-250x179.jpg\" class=\"FeaturedImage_image wp-post-image\" alt=\"\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Miami board rejects Aimco\u2019s proposal for waterfront Edgewater tower<\/p>\n<p>\t\t\t<\/a><br \/>\n\t\t\t\t\t\t<a class=\"BlogrollPost\" href=\"https:\/\/therealdeal.com\/miami\/2022\/05\/26\/aimco-plans-60-story-apartment-tower-on-waterfront-site-in-miamis-edgewater\/\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"81\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/Frame-2884.png\" class=\"FeaturedImage_image wp-post-image\" alt=\"\" loading=\"lazy\"\/>\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Aimco plans 60-story apartment tower on waterfront site in Miami\u2019s Edgewater<\/p>\n<p>\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"A real estate investment trust that\u2019s liquidating its holdings still managed to snag a high-profile restaurant lease for&hellip;\n","protected":false},"author":2,"featured_media":331802,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[136910,225,227,226],"class_list":["post-331801","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hialeah","tag-aimco-miami-restaurant","tag-hialeah","tag-hialeah-headlines","tag-hialeah-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/331801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=331801"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/331801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/331802"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=331801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=331801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=331801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}