New Construction

Biden Administration announces additional 22,000 H-2B visas
Biden Administration announces additional 22,000 H-2B visas

The DHS announcement comes in response to businesses reporting an immediate need for supplemental, temporary guest workers for this fiscal year.

Construction of Fort Lauderdale beach’s tallest building begins in November
Construction of Fort Lauderdale beach’s tallest building begins in November

The property will be comprised of two slender towers rising 300 feet.

Miami’s UNA Residences slated for completion in 2023
Miami’s UNA Residences slated for completion in 2023

High-end condo sales are up in Miami and driven mostly by U.S. buyers

New home construction surges in March, suggesting relief for homebuyers
New home construction surges in March, suggesting relief for homebuyers

Privately owned housing starts jumped 19.4% from February’s revised estimate to a seasonally adjusted annual rate of 1,739,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development

Who made up the National Association of Home Builders in 2020?
Who made up the National Association of Home Builders in 2020?

The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.

Short-term rentals or “homesharing” in demand
Short-term rentals or “homesharing” in demand

“We have seen a surge of interest from millennials, who are the highest demographic partaking in leisure and personal travel, to have flexibility in their nomadic lifestyles.” — Alicia Lamadrid Paysse, sales director at Cevera Real Estate

NAHB: Lumber costs could slow new construction in Florida
NAHB: Lumber costs could slow new construction in Florida

It was a surprise year of growth for homebuilders in 2020, but that could be constrained by higher lumber costs, regulatory issues and a shortage of available lots, according to the National Association of Homebuilders.

Waldorf Astoria Residences Miami hits the market with construction in 2022
Waldorf Astoria Residences Miami hits the market with construction in 2022

This development marks the debut of Waldorf Astoria in the Miami market and will be the tallest tower south of New York City.

Spike in Miami condo sales bodes well for new developments
Spike in Miami condo sales bodes well for new developments

“Buyers enjoy the lifestyle, weather and tax effect. There is no income tax in Florida, unlike some other states. This savings will help to buy the condo unit.” — Rishi Kapoor, Location Ventures

Terra introduces Centrocity, a mixed-use development in Miami
Terra introduces Centrocity, a mixed-use development in Miami

Terra, an active residential and commercial development firm in South Florida, has announced plans for a 38-acre mixed-use project in the center of Miami-Dade County.

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