Construction Up by Staggering Amounts in South Florida
It seems like every time we open the newspaper, there is another development that has been approved for construction in Miami and South Florida. It is no surprise that there have been reported increases started at 60% above 2011, however most recently, it was reported that the numbers have gone up to 90% since 2011, according to Mcgraw Hill construction. Residential contracts are at a total of $2.4 billion this year, which is up from $1.27 billion in 2011. IN South Florida there is a total of $4.4 billion for future contracts in the tri-county area. This figure is up 66% from 2011. This really is incredible news and is a further indication that real estate in South Florida is on the mend. Moreover, it suggests that the area is in a veritable Renaissance period. We report new construction regularly, but here is a list of developments in the works now. For more information on these properties and pre construction prices, contact us today.
Grove At Grand Bay, 2669 S Bayshore Dr, Miami, FL 33133
Faena Saxony, 3201 Collins Ave, Miami Beach, FL 33140
321 Ocean, 321 Ocean Dr, Miami Beach, FL 33139
Seville Marriott Edition, 2901 Collins Ave, Miami Beach, FL 33140
120 Ocean Drive, 120 Ocean Dr, Miami Beach, FL 33139
Piero Lissoni's Residential Project, 4701 Meridian Ave, Miami Beach, FL 33140
BrickellHouse, 1300 Brickell Bay Dr, Miami, FL 33131
Mybrickell, 30 SE 6th St, Miami, FL 33131
1100 Millecento, 1100 S Miami Ave, Miami, FL 33130
Brickell Citicentre, 801 S Miami Ave, Miami, FL 33130
Icon Bay, 428 NE 28th St, Miami, FL 33137
Porsche Design Tower, 18555 Collins Avenue, Sunny Isles Beach, Florida 33160
Chateau Beach, 17475 Collins Ave, Sunny Isles Beach, FL 33160
Mansions at Acqualina, 17749 Collins Ave, Sunny Isles Beach, FL 33160
400 Sunny Isles
Apogee Beach, 4053 S Surf Rd, Hollywood, FL 33009
1101 Brickell Avenue, 1101 Brickell Ave, Miami, FL 33131
One Ocean, 1 Collins Ave, Miami Beach, FL, 33139