Investors choose Downtown Miami

Investors choose Downtown Miami

Downtown Miami continues to be the destination of global interest. The commerce, art, culture and entertainment of this area demonstrate once again that it has become the most attractive and successful international center for doing business.

Downtown Miami is considered the epicenter of the Americas, as identified by the Miami Downtown Master Plan by the Miami DDA. The strong potential in finance, culture and historic growth as an urban center is in Miami.

This center of finance and business has a high-growth population, the active collaboration between public and private entities, demonstrating that Miami is a city with great global potential. Since 2020, the massive remodeling of Downtown began. Not only are new entertainment centers arriving, but more than 17 new financial and technology companies such as Microsoft, Spotify and Blackstone are still increasing the demand for projects and companies that generate the best connectivity. and access to technology. The economic growth of Downtown Miami allows renowned investors such as Witkoff, a real estate firm based in New York, to be interested in building in this central area with combined residential, hotel and commercial projects.

Another company that brings growth to this area is the Time Century Jewelry Center, the new luxury jewelry center in Florida, according to its developer Yair Levy, it is expected to become one of the largest jewelry districts in the United States. We expect a vibrant luxury district that will have more than 300 jewelry stores and its opening is projected for the second quarter of 2022. The growing urban development and the flow of international investors are increasingly appropriating this area, this trend will continue throughout 2022. Downtown Miami will increase its valuation and generate more interest for businesses. The trend of investors in the real estate sector in South Florida continues to gain strength, according to the report from the Miami Association of Realtors in 2021.

This innovative real estate investment model allows investors to enjoy their luxury properties facing the water and the city, with exclusive amenities and services from recognized brands such as Waldorf Astoria, Aston Martin, Baccarat, Bentley, St. Regis, 2000 Ocean and Okan Tower. In turn, some of these properties allow generating profitability through the option of short rental or rental through digital platforms.

This real estate investment opportunity shows that more and more investors prefer to choose Miami as a strategic location for its growth and projection into the future.

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