New York Developers Look North of Miami for Florida's Next Boom

Fort Lauderdale is attracting luxury condo projects and major corporate tenants as an alternative to Miami and Palm Beach, driven by lower costs and improved transit. New York developers lead much of the $3.4 billion commercial growth, with projects like Ombelle and Andare Residences underway. Despite skepticism about its working-class roots, public investments and rising demand signal a maturing city poised for significant price appreciation.