Noord, Aruba: A Premier Destination for Commercial Real Estate

Introduction

Nestled in the northern part of Aruba, Noord offers unique opportunities for commercial real estate (CRE) professionals. Known for its thriving tourism sector, Noord is a vibrant community with a burgeoning economy that attracts investors and developers alike. As a prime location for commercial ventures, Noord benefits from its strategic position within Aruba, offering access to key markets and diverse industry clusters.

Economic and Industry Overview

Noord's economy is predominantly driven by the tourism sector, which stimulates demand for retail, hospitality, and mixed-use developments. The area is also witnessing growth in ancillary industries such as retail, dining, and entertainment, which further bolsters the CRE market. The Aruba Economic Development Agency is instrumental in facilitating business growth and offers initiatives that encourage investment in the region.

Strategic Location and Transportation Infrastructure

Noord's strategic location on the island provides it with key logistical advantages. It is well connected to major highways, providing easy access to other parts of the island. Although Noord does not have a port or airport of its own, it benefits from proximity to the nearby Queen Beatrix International Airport and the Port of Aruba, which are crucial for freight and passenger transport. Aruba's Department of Transportation provides comprehensive information on transportation infrastructure.

Commercial Real Estate Inventory & Zoning

Noord's commercial real estate landscape is diverse, encompassing retail corridors, hospitality zones, and mixed-use developments. The city has seen an uptick in the development of office spaces and retail outlets catering to both locals and tourists. Zoning regulations in Noord are designed to support commercial growth while maintaining the area's cultural heritage. You can explore detailed zoning maps and plans through Aruba's Planning Department.

Major Employers and Institutions

The presence of major employers in Noord, such as renowned hotel chains and international retail brands, drives the demand for commercial real estate. The hospitality sector, in particular, is a significant employer, with numerous resorts and hotels headquartered in the area. For a list of top employers and business directories, visit the Aruba Chamber of Commerce.

Notable Commercial Developments & Projects

Noord is home to several large-scale commercial developments, including mixed-use projects and hospitality expansions that cater to the growing number of visitors. These developments often involve public-private partnerships and are strategically located to maximize accessibility and visibility. For details on current projects and development maps, refer to Aruba's Planning Department.

Building Permits, Planning, and Development Tools

To facilitate development, Noord offers various resources for investors and developers: - Building and Safety Department - Permitting Portals - Parcel Map Viewer / GIS - Planning Commission - Development Code

Market Data & Economic Reports

Access to reliable market data is crucial for making informed CRE decisions. Public data sets, such as economic impact reports and open data portals, provide valuable insights into Noord's market dynamics. Brevitas leverages AI-powered aggregation from public data and internal insights to deliver comprehensive market intelligence. Explore Brevitas-powered dashboards for Noord here.

Why Use Brevitas for Noord, Aruba CRE?

Brevitas stands out as a leading platform for commercial real estate in Noord, offering: - AI-driven CRE discovery - Real-time market alerts - Smart property pages - Dealroom collaboration tools

Unique features such as auto-generated listing pages, email and landing page tools, and integration with brokers and developers ensure premium exposure and exclusive listings. Discover how Brevitas can elevate your CRE strategy in Noord, Aruba here.