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Opportunity zones are a hot real estate topic around the country, and in Fort Lauderdale, especially so. The city is seen as an ideal place for opportunity zone money to land, because it has several neighborhoods that are already on the upswing. 
At Bisnow's Rise of Fort Lauderdale Neighborhoods event Tuesday, several panelists pointed to Flagler Village, the 13th Street/Progresso area and the Sistrunk Corridor as ripe for opportunity fund investment. Affiliated Development co-founder Jeff Burns said that he is using opportunity…
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WeWork Offering Free Trial, Discounts To Anyone Who Voted
Did you vote? Are you curious about coworking? WeWork has your back — in Miami, at least. The $21B coworking giant is offering free trial space or discounted contracts to prospective tenants who prove they voted. A WeWork spokesperson said anyone…
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Construction Is Complete At Auberge On Fort Lauderdale Beach
A $180M project on the sands of Fort Lauderdale Beach is complete. The Auberge Beach Residences & Spa at 2200 North Ocean Blvd. consists of two residential towers —18 and 23 stories, respectively — with a total of 161 units. The…
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Long Island City Might Get 25,000 Amazon HQ2 Jobs. Here's Who Would Benefit.After almost a year of fevered anticipation, Amazon is on the brink of announcing its pick for HQ2. And if recent leaks are to be believed, commercial real estate players in the Queens neighborhood of Long Island City may be the big winners. Monday, the New York Times reported that Amazon plans to select two locations — Long Island City and Crystal City in Arlington, Virginia — and could split the 50,000 employees over both cities in order to lower the impact on their housing markets and transit networks. Amazon announced a shortlist of cities for its highly anticipated second headquarters back in January, but despite widespread speculation and commentary over which city would land the campus, the process has been largely shrouded in mystery all year. |
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Survey Says: While Opportunity Zones Will Reshape U.S. Cities, Many Low-Income Communities May Remain OverlookedThe results are in: The commercial real estate industry is largely optimistic about the possibilities of the Opportunity Zone program, and most are getting their ducks in a row to take advantage of it. Bisnow surveyed 202 commercial real estate professionals — mostly owners, developers and brokers — to delve into how the industry is thinking about the program. |
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More Move To Modular Construction To Mitigate Costs, But It's Not The Solution For Every ProjectIn an effort to shorten construction timelines to cut down on costs and find creative ways around the shortage of skilled labor, multifamily developers have embraced the possibilities of modular construction. But as with any new technology, there are still a lot of pitfalls and issues to work out before it becomes a solution for everyone — and it is not a solution for every project. The move to modular is being driven by a combination of desperation and fear of the future, Panoramic Interests owner Patrick Kennedy said last week at Bisnow's Multifamily Annual Conference NorCal in San Francisco. |
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