Continued growth and development ensure that Miami remains one of the most dynamic and attractive cities in the world. The construction boom in various hotspots, such as Downtown Miami, Brickell and Edgewater, is at the forefront of this 2024 real estate boom, significantly transforming the city’s urban and economic landscape.
Below, we present these booming areas and the new construction projects that are attracting the attention of national and international investors and Miami residents:
It has established itself as one of the city’s most dynamic and vibrant centers. The area has seen significant growth in new construction projects, including luxury residential high-rises, modern office and retail space.
Miami Worldcenter, a mixed-use development that combines residential, retail and entertainment in one location, has attracted not only new residents, but also technology and finance companies looking to establish themselves in a growing urban environment.
According to a Forbes report, Miami Worldcenter represents a $4 billion investment and is one of the largest urban development projects in the United States.
Brickell, known as the “Wall Street of the South,” has experienced an impressive boom in the construction of new residential and commercial properties. This area has been transformed into a financial and luxury epicenter, attracting young, affluent professionals looking to live close to their workplace in a sophisticated environment.
Notable developments include Brickell City Centre, a mixed-use complex offering luxury residences, offices, hotels and a high-end shopping mall. According to Miami Today, this complex has spurred the creation of thousands of jobs and attracted significant investment, and Brickell is considered the most important financial center in the United States.
This is another area that has seen significant growth. Located along Biscayne Bay, it has become a focal point for developers looking to take advantage of water views and proximity to downtown. The area has attracted investors and residents seeking a combination of luxury, convenience and coastal lifestyle.
At The IONI Group, we want to offer our clients the possibility of diversifying their luxury portfolio in the areas of greatest interest, with the highest growth and profitability.
