New Construction

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

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

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

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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, 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.

FORTUNE names Lennar Homes nation’s Most Admired Homebuilder

This annual survey is conducted by FORTUNE and Korn Ferry, a global consulting firm that identifies the companies that have the strongest reputations within their industry and across industries. 

New construction home fetches $4.56 million in Pinecrest

This home has all the bells and whistles. It is a tropical modern estate with 7 beds, 7 baths and 7,994-sq. feet of interior space and a 37,461 sq. foot gated lot.

Home sizes expected to rise in post-COVID world

After declining for years, the size of new single-family homes has begun to level off as consumers spend more time at home, a National Association of Home Builders analysis found.

Natiivo Miami first Miami real estate development to break ground in 2021

The first development purposefully designed for homesharing forges ahead with construction.

Royal Palm Residences unveils $10 million-dollar penthouse

Group P6 is offering a $10 million-dollar penthouse at its luxury boutique condo project, Royal Palm Residences.

Fontainebleau Development breaks ground on SeaGlass Jupiter Island

Only 3.6 miles long, the ocean-to-intracoastal barrier island of Jupiter Island is known for having the highest per capita income in the United States.

Apartment construction is booming in these two Orlando suburbs

The flight to the suburbs has become a growing preference for buyers, but renters are also finding respite in the outskirts of larger metro areas. That could help continue to drive new construction of apartments in suburbs across the country, according to a new report from Rent Cafe.

Douglas Elliman to join Cavache Properties sales team in marketing 30 Thirty North Ocean

Amenities at 30 Thirty North Ocean include membership in The Club at Harbor Beach Marriott Resort & Spa.

NAHB: Expect more home construction in 2021

The gap between sales and construction reached a record high in 2020, which likely means a slowing down in sales and growth in construction in 2021, according to a year-end report by the National Association of Home Builders.

Commercial-to-apartment conversions on the rise

The 2010 decade grew the amount of overall building conversions from about 2,000 units converted in the 1950s to roughly 97,000 over the last decade.

NAHB: Residential construction up in the suburbs nationwide

Small metro suburbs did the best in terms of construction with a more than 10% increase in market share over a year ago.

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