Who says development is stalled in a state that is still trying to absorb the condo and office inventory that rose from the dirt during the last construction boom?

The next wave of development is getting underway in Miami. This time, the focus is not on one product type—but on many product types rolled into one package. Indeed, mixed-use is the name of the development game in Miami these days. Perhaps developers see it as a way to hedge their bets and spread their risks as they eye future opportunities.

It’s a bona fide trend or a genuine comeback. Several large-scale mixed-use projects have been announced for Miami in recent months. The catalyst? Significant investments from multinational companies. That’s right: foreign dollars flushing the Gateway to Latin America with construction cash.