Category Archives: Technology

Developers Tell Condo Buyers: You Don’t Need To Bring Your Car

For luxury homeowners who want to kick the car habit, these condo developers have an alternative. By Alina Dizik (source: The Wall Street Journal) At San Francisco’s Lumina, residents can use an app to rent a car from the building’s private fleet of eight Audis, like this one. PHOTO:STEELBLUE   At Lumina, a 42-story condo building in San Francisco, homeowners pay anywhere from $900,000 to $15 million for a luxury residence with a one-car limit per unit. Alternatively, homeowners can ditch the car, get a credit of $10,000 and rent one … Read More

Posted in Community Development, Condos, Creative Placemaking, Economic Development, Infrastructure, Innovation, Miami, Technology, ULI SE Florida/Caribbean | Leave a comment

Condo experts say sales slowdown won’t lead to another crash in Miami

Many of South Florida’s leading condo experts said a slowdown in sales will likely prevent some projects from breaking ground, but the long term view for Miami’s condo market remains positive and another meltdown doesn’t appear imminent. The Urban Land Institute brought the region’s leading condo builders and designers to Miami on Tuesday for a condo market symposium at the Four Seasons Hotel Miami in Brickell. Everyone acknowledged that the sales pace for new units has slowed, and it appears the strengthening of the dollar against foreign currencies is to … Read More

Posted in Condos, Education, Events, Housing, Innovation, Market Trends, Miami, Networking, News, Press Releases, South Florida, Technology, Transit-oriented development, ULI SE Florida/Caribbean | Leave a comment

Miami condo market will find its equilibrium: ULI panel

Miami’s preconstruction condo market is still forging ahead, despite signs of canceled projects, lowered deposit requirements and foreign buyers downsizing purchases, a group of top developers said Tuesday. “This is a marathon, not a 100-meter dash. This is a long-term market,” said Carlos Rosso, president of Related Group’s condominium division, during a panel titled “Industry giants discuss the condo market” at the Urban Land Institute’s Miami Condo Market Symposium at the Four Seasons Hotel in Miami. Kevin Maloney, founder and principal of Property Markets Group, said he expects that many … Read More

Posted in Commercial Real Estate, Condos, Education, Events, Housing, Innovation, LEED (Leadership in Energy and Environmental Design), Market Trends, Miami, Networking, News, Parking, Press Releases, South Florida, Technology, Transit-oriented development, ULI SE Florida/Caribbean | Leave a comment