In defiance of broader South Florida and national trends, Miami’s apartment construction activity has regained steam. Construction starts in the second and third quarters of 2024 totaled over 7,000 units, more than doubling the number from the prior two quarters, which totaled over 3,000 units.
Miami multifamily supply risk remains elevated as construction starts reverse course
A rise in units under construction push downtown Miami supply peak to 2027
By Juan Arias
CoStar Analytics
November 4, 2024 | 4:08 P.M.
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IN THIS ARTICLE
- Properties
- AMLI Wynwood
70 25th St, Miami, FL
- Wynwood Haus
23 17th Ter, Miami, FL