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Three Safe Construction Bets During Economic Volatility

Retail and condos are still hot right now, but when the economy shifts these sectors are likely to slow. While multifamily seems more stable, some are already anticipating that spring will eventually stop flowing as strong.

So where should contractors look when the springs dry up?

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Miami Commissioner Wants to Speed Up Building Permit Review

Thirteen months. That’s how long it took for a Miami developer to receive a building permit for a rental project proposed in the city’s Little Havana neighborhood.

And we’re not talking about an 80-story high-rise. Andrew Frey‘s project is an eight-unit apartment building on a 5,000-square-foot lot.

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Doral Zoning Ordinance Adding More Resident Input Postponed Until May

The Doral City Council postponed voting on an ordinance that would require any major zoning changes to go through a two-phase workshop process intended to encourage more dialogue and better inform residents how the changes would affect them.

Residents angry about some recent zoning changes petitioned the council to add the extra layer of public input. For example, if a development company wanted to change the density allowed in a project or change its project from an office building to a condominium, those changes would go through two mandatory workshops.

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