Developers Ellen Buckley, Gaetano Caltagirone and Jeffrey Adrizon discussed challenges in the year ahead at annual Miami commercial real estate conference.
Though Art Basel lasts only a week, its influence on Miami’s real estate market endures year-round, solidifying the city as a global center for business, culture, and luxury living. The fair’s impact will continue to shape Miami’s future, from luxury sales to the revitalization of artistic neighborhoods.
Zoning allows for over three million square feet of development.
Being one of the fastest-growing property markets within the U.S., Miami offers an array of opportunities for both domestic and international investors, solidifying its reputation as a dynamic and diverse destination.
Upland Park is set to be a massive $1 billion project, featuring over 2,000 mid-rise and garden-style apartments, roughly 282,000 square feet of retail space, and around 414,000 square feet of additional commercial facilities.
The planned development will feature 517 apartments, 9,700 square feet of restaurant space, and a six-level parking garage with 506 spaces.
The new High Impact Film Fund program includes annual incentives of up to $10 million.
The prime location offers the potential for constructing a supertall building.
Both projects will be reviewed by the Wynwood Design Review Committee on Nov. 18.
A South Florida-based startup has advanced plans for an all-electric fleet aimed at transforming transportation.