Thanks for the renderings, Drew11! I would love to see
1101 Brickell go up too, but at this point, it will take a very powerful developer with a broader vision who has the long-term investment in mind, in addition to another relatively mild hurricane season, insurance rates and property taxes coming down, and construction costs continuing to fall (as Dave8721 pointed out). Also, as I stated before, the new Miami skyline itself is beginning to become its own advertisement as it starts to take more shape. Developers are starting to get a full-scale, 3-dimensional picture for how they might want to make their mark on the new skyline. I think not-as-overdone
Edgewater is starting to look more attractive as opposed to densely-packed
Brickell. Bryan is right in terms of what the market is doing. There is no argument there, and he was right about
Villa Magna from the standpoint of what the market is doing, but
Villa Magna has a powerful developer with a vision behind it. That is the difference! This kind of developer with the vision for what the
Element site could be, as well as what
Edgewater could become in the future, is what I'm hoping for. They are out there. They just have to share the same vision we have for certain projects. Steve
