THE GROWTH OF MIAMI IN 2015

We’ve certainly seen first hand the incredible growth Miami has had over the past few years and there’s no signs of it slowing down, new retail, commercial, and residential demand have increased significantly. Residential occupancy remains near 100%; the demand for additional rental projects in Downtown Miami has never been greater while office space vacancy rates have steadily lowered year over year for the Miami Downtown area.

A few notable examples of why Downtown Miami is the place to be in no particular order:

 

Whole Foods Market

Whole Foods Market

1. Whole Foods Market

Just recently opened it’s doors with some even though it’s under a building that’s still under-construction, which makes it even more amazing, and this is not like any other WholeFoods, it has a very distinc Miami flavor to it, selling made-to-order churros, croquetas, and flan from Versailles, brew from Funky Buddha, and cold-pressed juices from Miami’s own Jugofresh.

 

Miami Central Station:

Miami Central Station

 

2. Miami Central Station

A $2.5 billion project All Aboard Florida is set to build a 7-acre train station to stretch along Northeast First Avenue near County Hall. The train rail plans to link Orlando and Miami with stops in Fort Lauderdale and West Palm Beach at speeds of up to 110 mph.

 

Cruiseship Capital of the World:

Cruiseship Capital of the World:

 

3. PortMiami

PortMiami is known worldwide as the Cruise Capital of the World, welcoming more cruise passengers to its terminals than any other port in the world. It is the global headquarters for five leading cruise lines. 5 Million annual passengers travel through PortMiami every year on 15 cruise brands with over 34 ships.

 

Miami World Center

Miami World Center

 

4. Miami World Center

A City within a City. A massive development containing more than 28 acres of residences, hotels, offices and retail space.

 

 

Museum Park

Museum Park

 

5. Museum Park

With both the already functioning Perez Art Museum and the upcoming $275 million Patricia and Phillip Frost Museum of Science makes it a top destination for either visitors or residents. This new highly sustainable facility will include a planetarium, aquarium, both indoor and outdoor flexible space for science exhibits as well as educational facilities.