The Real Deal Miami

Neighborhood evolution

What’s ahead in seven Greater Miami areas that are hotbeds of new development

November 17, 2015 10:30AM
By Francisco Alvarado

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A rendering of Miami Worldcenter

A rendering of Miami Worldcenter

From the October issueOvertown, North Beach in Miami Beach, the Arts & Entertainment District and Coconut Grove are among several areas that have emerged as the hottest real estate submarkets in greater Miami as the fourth quarter gets under way, according to recent interviews with real estate analysts and developers.

“These emerging areas are seeing a renaissance of activity,” said Alex Zylberglait, a senior vice president for brokerage firm Marcus & Milichap. “Pricing is going up as land is becoming [scarcer].” [more]