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The Real Deal Miami

Miami’s downtown sees development boom

October 28, 2011 10:32AM

Brickell and Downtown Miami could experience an even greater influx of
investment and development in years to come, experts say. “We’re seeing a
wave of investment the quality and size of which we’ve never seen
before in this area,” said Neisen Kasdin, a real estate lawyer at
Akerman Senterfitt. A wave of development is already underway, from
Genting’s $3 billion Resorts World Miami to additional retail in the
Design District. The Brickell and downtown area has seen nearly 24,000
condominium units built in the last decade alone, according to the
Downtown Development Authority’s Cesar Garcia-Pons. [Miami
Today]