Calling all developers! Want the inside scoop on where South Florida’s hottest development opportunities lie? Look no further! Here’s a breakdown of top picks from industry experts:
Brickell Financial District (Miami): Inigo Ardid of Key International highlights the walkability, strong tenant demand, diverse offerings, and available land for future growth.
Northwest Corridor of Palm Beach County: Marcie DePlaza of GL Homes points to vast tracts of affordable land ripe for single-family home communities.
West Palm Beach: John Ebenger (Berkowitz Pollack Brant Advisors) and Jordan Rathlev (Related Companies) see major potential due to:
- A growing presence of high-net-worth individuals
- Investment by The Related Companies in Class A office space
- Infrastructure improvements like a new university and hospital
Northwest Miami-Dade: Stephanie Rodriguez of Colliers emphasizes the area’s proximity to transportation hubs and ongoing infrastructure projects, making it ideal for industrial development.
Boca Raton: Ian Weiner (Pebb Enterprises) notes the city’s transformation into a family-friendly location with excellent schools, attracting young families and complementing its existing office space.
So, where will you set your sights? These insights offer valuable guidance for developers seeking to capitalize on South Florida’s booming real estate market.