"As housing and development typically follow infrastructure, let's begin there," Deckelbaum says. "Government commitment of public funds has included a $2.3 billion expansion of Fort Lauderdale/Hollywood International Airport as well as improvements to Port Everglades and I-595."

Meanwhile, the airport now averages more than 600 flights per day with nonstop service to more than 100 US cities and flights to Canada, Latin America, Europe and The Caribbean, in addition to more than 100 private flights daily. Major enhancements include opening of the new South Runway, adding gates for international flights and modernizing the terminals. Similarly, Port Everglades, one of the top cruise ports in the world, is undergoing immense capital improvements to provide superior experiences to more cruise passengers than ever before.

"Along the beach, the city's enhancement plan includes wider sidewalks, attractive landscaping, bike lanes and a convenient parking garage," Deckelbaum says. "Downtown, a modern streetcar system known as The Wave is on track for late 2017 to provide convenient transportation for a livable, environmentally responsible community. Enhancements such as these address issues of enduring quality of life for years to come."

Get more insights from Deckelbaum later this week in the Miami edition. For more on what analysts are saying about South Florida's advantages, read my recent report: South Florida Ranks High in This Arena.