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SoFla roundup: Miami reaches mid-point in development cycle, “Sky Club” revealed… and more

Don Peebles
Don Peebles

From the November issue: Prices for condos and rental apartments in downtown Miami are up as the market reaches the development cycle’s midpoint ahead of a major shift in supply in 2016, the Miami Downtown Development Authority reported.

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Condo prices rose 6.74 percent over the past six months, with the average unit at $459 per square foot, the authority’s Residential Market Update said. [more]