April 02, 2018

Miami-Dade County Public Schools have $60 million plan for downtown

While present market conditions are challenging for anyone with residential condo holdings in the Greater Downtown Miami market, the long term prospects are extremely strong. We have an ever increasing population, along with wage and labor growth. We are in the middle of a bottle neck, with far too much condo supply for present demand, but that will change in relative short order. Happy to see that the local school board agrees, and is preparing to invest $60MM to prepare for the inevitable population increase.

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