Pre Construction and Developer Sales
Pre Construction sales are back in Miami and Miami Beach. In fact Aventura, Hallandale and Hollywood are also seeing a number of projects being launched. Most of the new construction that was built in the early 2000′s has sold. Inventory levels are again low in Greater Miami and even lower in new construction inventory. The demand in Miami from South America, Russia and Europe is very high that has given a push to a new wave of new pre-construction projects in Miami, Miami Beach, Hallandale, Aventura and Sunny Isles. In this wave of new construction one trend that has been predominant are branded condos such as the Porsche Design Residences in Sunny Isles, Millicento in Brickell designed by Pinifarina, My Brickell by Karim Rashid, Faena Miami Beach by Alan Faena and others such as The Mansions at Aqualina.