I just spent the entire month of August talking at Fried On Business about how several South Florida submarkets could become the next Brickell Avenue.
We covered Coconut Grove, Doral, Downtown Fort Lauderdale, Edgewater/Wynwood and Little River/Little Haiti.
Now it’s time to give you my final word on the subject.
What is the next Brickell? Well, the answer is Brickell itself. The Brickell Avenue submarket is reinventing itself and is going to re-emerge as something completely different than you’ve known before.
The changes there are amazing. Buildings are racing to the sky. The variety of developers there testifies that the market will remain healthy for some time to come. It continues to grow and go.
If my thoughts about the emerging “city-states” of Miami are correct, then Brickell is poised to become the strongest of them all because it has an integrated residential and commercial community. Three Publix supermarkets, Brickell City Center, and thousands of high net-worth residents – with more coming all the time.
This is an area the Millennials love because they can live, work and play without driving a single mile. At places like Mary Brickell Village, everything is within walking distance or accessible via mass transit and the Internet.
I’ve been doing deals all over the South Florida market, and believe me when I say that Brickell is becoming something exciting – something that everyone wants to become a part of.
Click here to listen to my take on the new, improved Brickell Avenue.
