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Don’t Write Off Retail Real Estate Development in South Florida Just Yet

CoStar Insight: Miami Registers the Most Retail Development, Highest Preleasing Rates
The expanded Bal Harbour Shops at 9700 Collins Ave. are expected to deliver in early 2024 to the Miami Beach submarket. (CoStar)
The expanded Bal Harbour Shops at 9700 Collins Ave. are expected to deliver in early 2024 to the Miami Beach submarket. (CoStar)
By Christos Costandinides
CoStar Analytics
March 11, 2020 | 6:47 P.M.

Miami leads the country when it comes to retail real estate development. Close to 2.8 million square feet of new space, or 2% of the market's total inventory, is in the works.

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News | Don’t Write Off Retail Real Estate Development in South Florida Just Yet