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Demand is not on par with supply.
Brian Smith of JLL weighs in on the trend.
They are located in Lithia Square and Midway Plaza.
West Palm Beach and Miami are "large recipients" of the trend, according to Danny Diaz Leyva.
The 50-story tower will feature over 150 condo units.
Low supply in a key market is helping the recovery.
Florida has also exceeded the country's average in retail asking rents.
One property will get a "resort-style living environment" feel.
The project is 82% preleased.
The property recently executed a $16.5 million renovation.