Miami Real Estate: Here Comes the Next Wave of Condos

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By Toluse Olorunnipa
The aftershocks of the last housing boom are still lingering, but developers are once again rushing to buy up land and erect new condo towers in downtown Miami’s burgeoning metropolis.
At least six new condo projects are slated to break ground in Miami in the coming years, with developers promising to announce several additional projects soon. For skeptical housing analysts and weary homeowners, the sudden flurry of developer excitement in the midst of double-digit unemployment and stagnant home prices brings back not-so-distant memories of the last housing boom, and its epic bust. This time is different, say the developers, who profess to have learned their lesson and are adopting financial models with far less risk than the 20-percent-deposit pre-sales that were popular during the last building boom. “It’s time to think of where we’re going to be rather than where we are,” said Harvey Hernandez, whose Newgard Development Group recently announced plans for a new condo tower called Brickell House at 1300 Brickell Bay Dr. “It could not be a better moment for us to launch a project.” So why the sudden rush to build again?

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Pamela Diaz-de-Leon With an accomplished background encompassing Diplomacy, Architecture, Business and Film, Pamela Diaz-de-Leon brings to the real estate industry the entrepreneurial expertise which stem from her interdisciplinary experience. Her world wide network of distinguished personalities carefully knitted of relationships formed in her five years as the Cultural Attaché for the Instituto Cervantes, serving the King of Spain, in Chicago, and her Hollywood connections acquired while working with a recognized film distributor, give her the global platform in which she has developed her business with great success. Knowledgeable, informed and organized she holds ethics and integrity as her highest values thus, providing her customers with an excellence of service that ensures their utmost satisfaction and their continued loyalty to her work. Office. 305.677.5055 Cell. 305.720.8439
This entry was posted in Gambling, Green Housing, Miami Beach Condos, Miami Real Estate, Miami Waterfront Properties, Real Estate, South Beach Condos, South Beach Real Estate and tagged , , , , , , , , , , , , , , . Bookmark the permalink.

One Response to Miami Real Estate: Here Comes the Next Wave of Condos

  1. Deepti says:

    In the past few years, the real estate landscape in Noida and other NCR cities have gone a sea of changes. Wave Infratech without doubt is a key real estate players bringing in real estate concepts that are not just new but innovative, too. There projects have offered good returns as well.

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