California's certified Proposition 40 wealth tax is accelerating a historic migration of tech billionaires and luxury capital to South Florida's high-end real estate market.
While national office markets struggle, Palm Beach County's Class-A office construction pipeline has jumped 400% year-over-year, fueled by out-of-state corporate relocations.
Abbhi Capital has listed One Miami World, a 2.19-acre development site in downtown Miami, with Cushman & Wakefield brokers expecting bids to exceed $100 million.
Fort Lauderdale's 360-acre Uptown rezoning triggers a wave of 7,000 residential units and massive retail redevelopment, altering the local real estate market.
A development team secured an $85 million construction loan in June 2026 to break ground on MIRAI Design District, Kengo Kuma’s first U.S. mixed-use development.