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Miami is poised for the development of commercial real state and updating of commercial market.

  • ttamayo
  • Feb 2, 2016
  • 1 min read

According to the last commercial conference of the National Association of Realtors (RCA Miami), South Florida is one of the best places in the world for real state investments, the tourism growth and improvements in infrastructure will lead to a greater expansion. South Florida is spending millions of dollars in improvement of roads, highways and ports. These expenses will ensure that Miami continues attracting private banking, hedge funds, private equity firms, crowd funding, risk capital, undertakings and other business enterprises”, said Barbara Tria, president of sales 2015 at RCA Miami.


Population Miami-Dade is among the five regions with the fastest growing in the country, according to the latest U.S census figures. Between 2013 and 2014, Miami-Dade population increased with 21.008 new residents and now has an estimated population of 2.680.000.


Business venture

At the beginning of this year Miami was classified by Kauffman foundation as the second best metropolis of the nation for the economic activity. South Florida has 520 new entrepreneurs each month. Just Austin, Texas is above this figure with 520 new enterprising per month.


“We always seem to think that recovery is better in Miami”, said Mindy Mcllroy, executive vice president of Terranova Corp. “Even in a sagging economy Florida is still appealing, tourists keep coming. Miami will remain the Gateway for Latin America. Due to population growth, trade continues growing”.

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