Downtown Miami Construction

Paul305 · #1 Posted: **May 10, 2007, 5:54 PM**

Enjoy.

Xing · #2 Posted: **May 10, 2007, 6:27 PM**

Geezus! That's insane. I'm keeping my eye on Miami.

Lakelander · #3 Posted: **May 10, 2007, 7:27 PM**

Great pics. I can't wait to see what all the tower activity will do for the core at street level.

beanhead4529 · #4 Posted: **May 10, 2007, 8:11 PM**

the rate of construction is crazy! up, up, and away!

jeremai · #5 Posted: **May 10, 2007, 8:24 PM**

Great set of pics. I played my usual trick and asked my wife where she thought the first photo was from. She said Dubai of course.

900BiscayneGuy · #6 Posted: **May 11, 2007, 1:22 AM**

Fantastic!!!!! Would love to see more detail shots of Marina Blue and 900.

Paul305 · #7 Posted: **May 11, 2007, 5:08 AM**

Here are some more close ups of the Biscayne Wall towers. Not much of Marina Blue though, sorry.

chris · #8 Posted: **May 11, 2007, 3:03 PM**

woww what's fuueling all the construction? Do that many people want to live in Downtown Miami?

Complex01 · #9 Posted: **May 11, 2007, 4:24 PM**

I would like to live there. What great shots. I can never get enough of Miami. Its looking really good. Im sure with all these condos the core is really going to come alive with people all over the place. Great shots...

bobdreamz · #10 Posted: **May 11, 2007, 4:57 PM**

fantastic update Paul!

djvandrake · #11 Posted: **May 11, 2007, 5:04 PM**

Holy guacamole! I didn't realize there was so much going up in Miami. Great pictures.

SteveD · #12 Posted: **May 11, 2007, 5:13 PM**

Miami is insane right now. That has to be the second most tower cranes in the air in the World, behind only Dubai. I second a prior poster's question....who's buying up all of that? Is it foreign investment??

kevin22 · #13 Posted: **May 11, 2007, 7:04 PM**

wow cool, i am new here by the way

hoosier · #14 Posted: **May 11, 2007, 7:06 PM**

Even with all of this construction there are so many vacant or underutilized lots that can house the towers of the next residential boom in Miami!!

janiko · #15 Posted: **May 11, 2007, 11:16 PM**

Hello everyone....I'm new here...very nice pics

arbeiter · #16 Posted: **May 12, 2007, 4:49 AM**

Who's buying these apartments?

denveraztec · #17 Posted: **May 12, 2007, 5:22 AM**

Great photos! Curious if is true that many developers overestimated the real estate market in downtown Miami and are over building? Hopefully that is not the case but Forbes is saying that real estate investors are loosing big on all of the new buildings? Whatever the case, Miami is looking good and I know I will continue to visit!

excel · #18 Posted: **May 12, 2007, 9:21 AM**

miami is boosting

Jularc · #19 Posted: **May 12, 2007, 8:28 PM**

It is so Fascinating to see all this construction boom in Miami.

brickell · #20 Posted: **May 12, 2007, 8:58 PM**

Quote:

Originally Posted by denveraztec

Great photos! Curious if is true that many developers overestimated the real estate market in downtown Miami and are over building? Hopefully that is not the case but Forbes is saying that real estate investors are loosing big on all of the new buildings? Whatever the case, Miami is looking good and I know I will continue to visit!

Most of, if not all, of the buildings were presold. I don't think the developers care one way or the other after that. I think the investor angle is overplayed. Some are surely losing money, but it doesn't seem to have affected the market as some had speculated. I think the second home market for South Americans plays and Europeans is an overlooked factor. Don't underestimate the locals though. We're out of land down here and home prices are already through the roof. Living downtown, once unthinkable, is becoming fashionable now.