Values are expected to increase 11%, while yields will average 6%.
Miami is very well positioned to be the blockchain city of the world, experts are saying, as an influx of talented people in the blockchain technology industry are choosing the city to develop their businesses and create a crypto-enthusiastic community.
MAJOR. will be the firm’s fifth supertall skyscraper and third project in the Brickell neighborhood.
It started eight years ago, when Meg Daly had the idea to transform dead space under elevated rail tracks into a linear park — something she initially thought was “a crazy idea.”
The concept, dubbed SkateBird, will serve as a skating arena, shopping hub, event center and food hall.
Of renters looking to move, an average of 40 percent were looking to move out of the metro where they resided in the third quarter of 2021, according to a report from Apartment List, based on searches on their platform.
For the first time, Miami has topped the high-end residential price index according to a sales report issued by the Knight Frank firm that analyzes price changes for the most desirable and expensive properties in a given location in the market by value for 46 cities across the world.
Experts project rent to continue to rise by 8.9 percent through the end of the year.
The scarcity of space has had an effect in Miami-Dade, where the asking leasing rates increased 12.5% to $38.98 per square foot this third quarter, from $35.54 a square foot year-over-year.
Related has made offers to unit owners at both Champlain Towers North and Champlain Towers East.