A townhouse or condominium development could be suitable for the assemblage, which is called The River Line and is in the largely residential Spring Garden Historic District.
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A panel of major Miami developers, many of them billionaires, gathered at The Real Deal South Florida’s Real Estate Forum & Showcase to talk about their upcoming projects and give their take on when this real estate cycle will come to a close.
Craig Robins, Jeffrey Soffer, Richard LeFrak, Gil Dezer and Michael Simkins
In attendance was Richard LeFrak of the LeFrak Organization, Jeffrey Soffer of Turnberry Associates, Gil Dezer of Dezer Development, Craig Robins of Dacra and Michael Simkins of the Innovate Development Group.
The five heavyweights touched on themes like what it means to build a neighborhood and the challenges involved with planning a multibillion-dollar project. However, one topic reigned supreme: is South Florida headed for a crash?
“In the long run, what is going to happen is what always happens: the weak will not survive, the strong will survive, and the ones who survive will thrive,” said LeFrak, chairman and CEO of the LeFrak Orgnization.
To watch the panel from start to finish, check out the video below, or go to The Real Deal‘s YouTube page.
Source: The Real Deal