18,500 Units Proposed for Greater Downtown Miami
As of now, developers are proposing 64 new condo towerstotaling nearly 18,500 units in the Greater Downtown Miami market that stretches from the Rickenbacker Causeway north to the Julia Tuttle Causeway, and Biscayne Bay west to I-95, according to Peter Zalewski.
Only 8 new condo towers totaling more than 1,300 units were announced for the Miami’s Central Business District submarket that stretches from the Miami River north to the MacArthur Causeway.
By comparison, 32 new condo towers totaling nearly 10,100 units in the Brickell Avenue Area submarket that stretches from the Miami River south to the Rickenbacker Causeway.
An additional 24 condo towers totaling nearly 7,100 units have been announced for Greater Downtown Miami’s Biscayne Boulevard Corridor submarket that stretches from the MacArthur Causeway north to the Julia Tuttle Causeway. Peter Zalewski writing for the Real Deal.
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