Brickell and Edgewater Experiencing the Largest Spike in Residential Units Over the Next Few Years
Jun 15, 2015 June 15, 2015
The Brickell and Edgewater neighborhoods are feeling the biggest jump in number of units out of the whole Miami area.
With new projects and developments popping up everywhere in Miami, seeing construction is not a shock to residents. However, there are trends of one neighborhood after the other getting attention, then developers moving along. This has resulted in a spike of residential units.
According to the Greater Downtown Miami Residential Real Estate Market Study, released by the Miami Downtown Development Authority and prepared by Integra Realty Resources, Many residential units are coming to downtown in the next few years. The study split Miami into six submarkets, which were Brickell, the Central Business District, Arts and Entertainment, Edgewater, Midtown, and Wynwood. In total, there are almost 15,000 residential units in the conceptual and planning phase of their development.
Out of the six submarkets, two stuck out among the rest: Brickell and Edgewater. These two neighborhoods are growing faster than all of the others. Brickell is expected to grow 27%, and Edgewater is expected to grow 67%. The reason Edgewater has such a high number is due to its lack of present residential units.
Source: miamitodaynews.com
Photo credit: Edgewater - invmia.com Brickell - worldpropertyjournal.com
Share your thoughts with us
Your Miami Condo Awaits
Recent Posts
Real Estate News The Most Luxurious Buildings in Fort Lauderdale
Looking for the absolute most luxurious buildings in Fort Lauderdale? Well, here's your personal guide to the most exclusive and best condo buildings in Fort Lauderdale ranked from least luxurious to most luxurious (and most expensive condo buildings in Fort Lauderdale). We’ve based this ranking according to price per square foot at the time of publishing, and our own vast experience in the South Florida real estate market. Read on for details on each of these luxury condos for sale in Fort Lauderdale, and what makes each so special and popular as a residence of choice in this top Florida beach city. — Why Choose Fort Lauderdale? Only about 35 miles north of Miami, Fort Lauderdale residents enjoy a similar lifestyle to what Miami has to offer but with more space, less density and at a lower price point. With luxury shopping and delicious restaurants set on the quaint Las Olas Boulevard and bustling downtown, with museums, performing arts venues, and Class A office towers all just...
Lifestyle The Big Differences in Cost of Living in Miami vs. New York
Over the last few years, Miami has seen its population grow, driven in part by those leaving other major U.S. cities, including New York and the Northeast. Many of our clients are New Yorkers looking for other living options in the Magic City. But one question we are asked a lot is “What is the difference in the cost of living between Miami and New York?” So, we are here to offer you an insightful answer to that question. Not a fluffy one, but a data-backed analysis of the costs of living between these two massively popular cities. New York has traditionally been considered an expensive city, and just last year was proclaimed as the most expensive city in the US, and 7th most expensive in the world. On the other hand, Miami only saw its cost of living rise in recent years as the city matures and new residents and out-of-town investments are making it the hot locale it is today. But can we go as far as to say Miami is more expensive than New York? Let’s dive in. To take a...
Lifestyle 10 Best Private Preschools in Miami in 2025
For parents of toddlers and pre-kindergarteners looking for the best private preschools and daycare facilities, Miami has a variety of options to choose from, with a wide array of schools that follow diverse teaching philosophies and approaches. To help you get an idea of your options, we’ve compiled a list of the top ten private preschools in the area, ranging from those that serve only infants, toddlers, and preschoolers, all the way to those where a child can grow up in the same learning environment, from preschool through elementary school, or even through high school. Note that the average annual cost of private preschool for a child in Miami-Dade County is around $12,920 but can go up to $30,000 for an elite school, with some schools offering discounts for multiple siblings, and others allowing part-time scheduling to help parents keep tuition costs down. Many top private preschools and schools also provide scholarships and other funding options for eligible students. We’ve...
Video Blog Video Tour: This Is the Aston Martin Condo Experience
When our clients from New York had exhausted all their options with other brokerages looking for their next luxury home that would simply “wow” them and be in a central location, they turned to our Greater Downtown Miami expert, Jessica Turner. As a Brickell resident and luxury condo specialist, Jessica accessed her extensive network to find them their perfect match in this off-market unit in the recently completed, ultra-luxury Aston Martin Residences. Join Jessica and Sep Niakan, veteran Miami real estate agent and founding broker of Blackbook Properties and condoblackbook.com, on an exclusive video tour of this 43rd floor unit that spans 3,536 square feet, offering 3 bedrooms, a den, staff quarters, 5.5 baths, oversized balconies, a decadent tub, and uninterrupted bay and city views. — Live in Aston Martin Luxury This riverfront supertall immerses you in the luxury of the Aston Martin experience from the moment you step inside. From a unique carbon fiber welcome desk to...
Real Estate News What are the Best Gated Communities of Miami Beach?
Living in a gated community is often at the top of many buyers’ wish lists, and for good reason -- residents get to enjoy safety, exclusivity, high-end living and a neighborhood feel within a city, not to mention it’s great for families. Especially with the fast pace of Miami Beach, a gated community becomes a peaceful pocket of idyllic living, well removed from any chaos. And many are surprised to learn how many beautiful gated communities there are on Miami Beach. Just minutes from everything Miami Beach and mainland Miami has to offer, these guarded enclaves represent some of the most sought-after pieces of real estate in South Florida. If the perfect mix of community and privacy is what you’re looking for, here are the best gated communities of Miami Beach: — Gated Communities of South Beach Fisher Island Probably the ultimate gated community, Fisher Island can only be reached by ferry by residents and approved guests. Arriving on the island, you are further greeted by...
Opinions and Advice How to Buy a Miami Condo in 2025: Ultimate Guide
Miami is more than just beaches and sunshine — it's an exciting city with diverse lifestyles, world-class dining and shopping, vibrant cultures, and gorgeous landscapes. Whether you’re moving for work, a change in pace, looking for a second home, or to soak up the famous Miami vibe, finding the right neighborhood and condo is a key part of making this city feel perfectly like home to you. In Miami and the Miami Beaches, you’ll find a wide range of condo options, from ultra-luxury high-rises in development or that are brand new with stunning views to more affordable, investment condos perfect for renting when not in use. No matter your motive or lifestyle, there’s a perfect condo waiting for you. You just need the knowledge and strategy to find it and a knowledgeable professional to help you buy it, and we got you covered for both! In this blog, we’ll give you insider tips, expert advice, and everything you need to know about how to buy a Miami condo. — First Things First, Is...
(305) 697-7667
(786) 321-7233 
contact@condoblackbook.com
