Although the Miami River area has generally been viewed as a basic working waterway, some say the district measures up to its luxury neighbor Brickell, just without the hefty price tag.
With affordable rents about $500 less than in Brickell, the area is one to watch: known for its walkability, waterfront views and being minutes away from big companies in downtown.
That's what CEO and founder Camilo Miguel Jr of Mast Capital says is a draw for many developers and people looking for more affordable housing.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Melea VanOstrand
Melea VanOstrand oversees the Daily Business Review as ALM's Florida Bureau Chief. Email Melea at [email protected] or follow her on her Twitter or Facebook pages.
