Once a gritty strip pockmarked by motels where prostitutes and drug dealers plied their trade, the Miami Modern Biscayne Boulevard Historic District is now a burgeoning area with new hotels, restaurants, shops and office space. The Real Deal‘s new South Florida Market Report explores the deals behind the transformation of Miami’s new hottest neighborhood, the MiMo district, in our cover story.
Have you noticed that lately, some domestic buyers are showing somewhat of a preference for the less-pricey areas north of Miami, pushing development in Broward — both residential and mixed-use — to ramp up significantly? We explore the trend in depth.
Meanwhile, as investment capital from countries south of the border declines, China’s star is rising in Miami. Read our piece about a firm dedicated to servicing wealthy Chinese clients, and its plans for new developments dedicated to Chinese visitors.
Closer to home, you can learn about the Nakash family’s burgeoning holdings beyond the Versace mansion, and hear what famed architect Richard Meier has on tap for the Surf Club restoration. Discover the secrets behind some of South Florida’s most prominent, yet under the radar, real estate players, too.
The 106-page issue also includes a look at the big uptick in the commercial market in Miami-Dade and Palm Beach, the inside scoop on how major projects are getting their funding, and our first-ever ranking of new development marketing firms.
There is much more, too, in our spring 2015 South Florida Market Report. We hope you enjoy the issue. (Click here to see the digital version.)
And we hope to see you at The Real Deal’s upcoming Forum & Showcase on April 23 at DCOTA in Dania Beach, which will focus on both Broward County’s new-found popularity as well as continuing volatility in foreign markets. We’re all looking forward to it. — TRD