Miami is a commercial and residential hotspot- The New York Times

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.

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