May 10, 2016
Billions of dollars are being invested into residential and commercial developments in Miami. Developers are looking toward making rent cheaper. Mr.Pearl is creating multi-family homes for rent ranges of $1,000 to $2,000. People with salaries of $60,000 to $70,000 would be able to rent property in Miami’s urban core. Miami’s becoming more like a city. This has prompted investors like Michael A. Comras and Mr. Motwani to bring millions of dollars to develop the future city. Miami World Center is introducing a 500-unit condo tower and 1,200 rental apartments for moderate income professionals and families. The World Center is also attributing to a pedestrian friendly city. People will be able to walk to nearby parks, restaurants, malls, and museums.