Comments on: The Scales of Urban Development http://bobmiami.wordpress.com/2007/08/29/the-scales-of-urban-development/ Ongoing Coverage of Miami's Urban Transformation Mon, 05 Dec 2011 17:11:34 +0000 hourly 1 http://wordpress.com/ By: Giancarlo Delgado http://bobmiami.wordpress.com/2007/08/29/the-scales-of-urban-development/#comment-7641 Tue, 25 Sep 2007 13:54:53 +0000 http://bobmiami.com/2007/08/29/the-scales-of-urban-development/#comment-7641 Well the idea i think is that much luxury residential space has actually been sold to executives from other countries. So those ballers won’t need office space here. Unless they were planning to flip the properties to people that actually live here. Post2 should be interesting.

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]]> By: Xavier Zayas-Bazan http://bobmiami.wordpress.com/2007/08/29/the-scales-of-urban-development/#comment-6969 Thu, 30 Aug 2007 15:40:02 +0000 http://bobmiami.com/2007/08/29/the-scales-of-urban-development/#comment-6969 You’re right Kev. But before we look at the pick up in the office market, it’s important to see the huge imbalance in favor of the residential side. That’s what I’m going to focus on in the 2nd installment of this post.

]]> By: Kevin http://bobmiami.wordpress.com/2007/08/29/the-scales-of-urban-development/#comment-6966 Thu, 30 Aug 2007 04:14:44 +0000 http://bobmiami.com/2007/08/29/the-scales-of-urban-development/#comment-6966 Well what about the office development already underway in the CBD and Brickell- 1450 Brickell (with UBS full tenant), the Brickell Financial Center, and Met2? These have already begun the new office trend under construction amongst many others.

]]> By: Xavier Zayas-Bazan http://bobmiami.wordpress.com/2007/08/29/the-scales-of-urban-development/#comment-6961 Wed, 29 Aug 2007 15:14:31 +0000 http://bobmiami.com/2007/08/29/the-scales-of-urban-development/#comment-6961 Demographics have and will continue to increase in affluence. No doubt about that.

]]> By: FrenchyMiami http://bobmiami.wordpress.com/2007/08/29/the-scales-of-urban-development/#comment-6960 Wed, 29 Aug 2007 14:49:02 +0000 http://bobmiami.com/2007/08/29/the-scales-of-urban-development/#comment-6960 This is going to change once people who bought in miami….start living in miami .. .they have education and are betting on miami growth …

]]> By: Xavier Zayas-Bazan http://bobmiami.wordpress.com/2007/08/29/the-scales-of-urban-development/#comment-6957 Wed, 29 Aug 2007 14:19:51 +0000 http://bobmiami.com/2007/08/29/the-scales-of-urban-development/#comment-6957 it does make economic sense, but the the local workforce is perceived to be less attractive in the sense that higher education in NYC and many other major metropolitan areas of the country is superior to that of South FLA. Although the status quo is improving, it remains a draw back. Also, many of our city’s most qualified and educated young professionals are being lured out of Miami by tantalizing job offers and lower costs of living. There needs to be higher salaries to compensate. A boost in Class A office development would boost job creation and reduce the brain drain. I, too, anticipate a pick up in the office market. In fact, it’s already starting to happen.

]]> By: FrenchyMiami http://bobmiami.wordpress.com/2007/08/29/the-scales-of-urban-development/#comment-6953 Wed, 29 Aug 2007 07:29:50 +0000 http://bobmiami.com/2007/08/29/the-scales-of-urban-development/#comment-6953 Its only the beginning for offices…

If people want to live there companies will definitely go there and get good labour cheaper than in NY both in rents and salaries.

It makes sense econonomically

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