Paramount Miami Worldcenter and Legacy Hotel and Residences developer Dan Kodsi explains how his projects bring together luxury and lifestyle with a high-tech, health twist.
Miami Mayor Francis Suarez and ISG World CEO Craig Studnicky tell Fox News Digital that South Florida has seen ‘unprecedented’ economic and real estate growth.
"Insurance costs have gone up, of course, interest rates recently have gone up," he added. "So it's really pushed the costs of development. This isn't good for anyone. It's not good for the consumer."and ISG World, and Kodsi noted that people are buying into the "new urbanism" concept that’s changed Florida’s living dynamics over the last 30 years.The ninth-floor pool at the Legacy property features resort-style cabanas made for families.
"One of the things specific to Miami is that we don't have a lot of inventory. So we didn't overbuild," the CEO continued. "And so we're not sitting on developer inventory like we've seen in past recessions."
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