Construction Up by Staggering Amounts in South Florida

Real Estate Blog Article

Wednesday, October 24, 2012
Image 1 of 1 Click to Enlarge Image
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
Comments: 0
There are no comments for this post.
Post a comment below
LEAVE A COMMENT
 
Name
 
Email Address
 
URL
 
 
Comment
 
Captcha

Type the characters you see in the picture above.
 
 
< Back

Updated: Thursday, September 28, 2023

Copyright ©2023Realty Times®. All Rights Reserved

Housing Rebound: Factors to Consider
In Miami we have had an incredible year of growth with an ever shrinking supply of condos...

Hoteliers Buy Versace Mansion at Auction
Gindi Family and Nakash Family of New York were the winners of the auction for Casa Casuarina...

Stunning Estate for Sale on Allison Island
Allison Island is one of the man made islands comprising Miami Beach. One half of the island...

Avant Garde and Luxurious Penthouse on Fisher Island
Fisher Island is home to some of the highest net worth individuals in Miami. It is a private...

6000 Indian Creek, Condominium Spotlight
6000 Indian Creek is a Sieger Suarez project that was completed in 2007 and consists of...

$35 Million Buys you THIS on Star Island
$35 Million for a home on Star Island is par for the course in Miami Beach real estate....

Development Update
It is looking like a dusty winter season in Miami, with all the construction rapidly underway,...

North Bay Road Charm, 4330 North Bay Road
4330 North Bay Road is a stunning example of Mediterranean architecture in Miami Beach....

Best Home Improvements for Resale Value
It could not be a better time for a homeowner to list their home for sale in Miami. The...

Biscayne Gets a New Development
The Melo Group of developers acquired 601 NE 23rd St last year and have conceived of 23...

520 West Ave Residence 2301
520 West Avenue is home of the Bentley Bay. Bentley Bay is comprised of two modern towers...

Spice 2013, Guide 101
Miami Spice is a program whereby most of the restaurants in the city encourage people to...

Hollywood has a New Hotel
Margaritaville Hollywood is coming to Hollywood Beach and is likely to completely alter...

Sustainable Waterfront Home on Normandy Isle, 1.85 Million
Rarely on the market do we find completely sustainable, off the grid, homes in Miami Beach....

Housing Inventory on the Rise at the Close of Summer
The Wallstreet Journal released numbers via Realtor.com regarding the inventory of available...

Warm Spanish Style Home Listed on the Sunset Islands
1844 W. 23rd Street is listed on the Miami Beach luxury real estate marketplace for $11...

Former Gansevoort Getting Complete Eco-Renovation
Last year the Perry Hotel, formerly the Gansevoort, was purchased for $230 million. The...

Affordable Luxury Waterfront on Hibiscus Island
A home that is considered affordable in Miami terms for waterfront is generally between...

Bart Reines New Masterpiece Released on the Market
Bart Reines is one of the worlds most impressive modern architects living, and he has just...

New Listing on La Gorce Island
98 La Gorce Court has just been listed for sale. This over 7800 square foot home with 8...