"No one is debating the need for [impact fees], but how do we bring them into line and keep them reasonable so that they no longer represent 25% of the cost of a home?" said KT Catlin, executive officer of the Gold Coast Builders Association.

"It's a city that's changing from an older population to a younger population. ... The developer has to be patient and propose things for the well-being of the entire community," said Office America Group Founder and CEO Ricardo Hernandez.

Wynwood is "without a doubt, the hottest submarket in the country," said DWNTWN Realty Advisors managing principal Devlin Marinoff.

"There's been a lot of immigration to Florida, particularly South Florida with folks from the Northeast, and when you look at Brickell Avenue and downtown, or the urban core, we're a lot less dense, and a lot more affordable than where they came from," said Berkadia's Charles Foschini.

"I'm hoping for the foreseeable future it will continue on that uphill tick. That's what everybody's hope is," said Colliers' Jenny Gefen.

"In the market, we are witnessing a tipping point as the growing technology sector matures into a true global tech hub," said CBRE's Josh Bank.

"Condos will more than likely be selling at close to list prices, very much like single-family homes are today," Craig Studnicky, president of RelatedISG Realty, said.

"There are so many things wrong with this picture, and there are so many steps along the way where this could get solved," one Coral Gables attorney said.