Competition for Land Is Fierce as Multifamily Developer Secures $15 Million Brickell Deal
NEWS
Due to the scarcity of development sites in Brickell, it was a unique opportunity for the developer as it was one of the last parcels to trade at record prices.
October 26, 2022 at 01:13 PM
3 minute read
Investment demand in Brickell remains strong as developers search for opportunities to develop multifamily projects.
A South Miami developer is the latest to score property in the high-demand area for $15 million, as the average price per acre in Brickell has more than doubled since 2021.
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