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Despite developers’ big plans, many projects in key SoFla markets are stuck in neutral

Despite developers’ big plans, many projects in key SoFla markets are stuck in neutral
A ranking of the biggest developments in Coral Gables, Fort Lauderdale and West Palm Beach
October 17, 2016 08:45AMBy Mike Seemuth

Live Galleria is the largest proposed development in the The Real Deal’s ranking for Fort Lauderdale.

From the fall issue: There’s no doubt that a quieter condo market and tighter financing have been having an overall impact on real estate development in South Florida.
Veteran real estate analyst Jack McCabe foresees a pullback in investment capital flowing into the area’s commercial real estate market, especially from foreign investors. “Many of these new projects that have been announced are backed by foreign capital,” he said. “We’ll see how many of those actually get built.” [more]


Source: The Real Deal

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