FORT LAUDERDALE, FLORIDA
Insurance costs, construction pricing, labor shortages and evolving requirements around resilience and storm protection can all affect budgets and schedules. “Successful companies typically overcome these challenges by partnering with experienced local professionals early in the process.” The opportunity remains substantial. Kliot points to workforce housing, mixed-use developments, industrial facilities, infrastructure-related projects and redevelopment of underutilized properties as areas with continued potential.
She also sees opportunity extending beyond the region’s best-known urban cores.
“Investors and developers who focus on long-term demographic trends and community-focused development strategies will be well positioned to capitalize on South Florida’s continued growth.” That may ultimately be the most important distinction in understanding the market today. South Florida is no longer simply benefiting from businesses looking to leave somewhere else. Companies are increasingly choosing the region because they believe they can build differently, scale differently and invest for the long term. As Kliot puts it, companies now view South Florida as “a strategic place to build, invest, and expand.” South Florida is no longer competing for attention as an emerging market. It is competing for the companies, capital and development that will define the next generation of American growth.
“Investors and developers who focus on long-term demographic trends and community-focused development strategies will be well positioned to capitalize on South Florida’s continued growth.” —Rena Kliot
Navigate the Market with Local Expertise For companies, investors and developers evaluating opportunities across South Florida and New York, market knowledge can make the difference between simply entering a market and positioning for long-term growth. Rena Kliot, Broker/Owner of Pulse International Realty, works with investors, developers and businesses navigating acquisitions, development opportunities, assemblages and strategic expansion across both markets.
Learn more about Rena Kliot and Pulse International Realty at PulseInternationalRealty.com.
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