An Older Conceptual Rendering of The Yacht Club Apartments and 1001 Brickell Bay Drive Site from 2021 1030x385

Current zoning allows for more than 3 million square feet of development and permits towers reaching up to 1,049 feet — potentially among the tallest in the region.

The new zoning initiative permits developers to propose high-rise residential and commercial projects with far more height and housing units than previously allowed, aiming to increase housing supply, improve affordability, and promote transit usage.

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If this momentum holds, Miami-Dade is on track to surpass last year’s investment totals, marking its third consecutive year of growth.

Developed by a Miami-based neuroscience researcher, a total of 144 Miami major construction projects have been meticulously visualized in 3D using official architectural plans. That gives the tool a high level of accuracy that isn’t available anywhere else.

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The surge in foreign interest in the South Florida housing market is driven by factors such as political instability abroad, Florida’s lack of state income tax, favorable business conditions, and the region’s year-round warm weather. This comes despite challenges in the local market, including high mortgage rates, increasing home prices, and stricter federal immigration policies.