Miami's downtown sees development boom

October 28, 2011 11:15AM

Swire's Brickell CitiCentre

Brickell and Downtown Miami could experience an even greater influx of investment and development in years to come, experts say. "We're seeing a wave of investment the quality and size of which we've never seen before in this area," said Neisen Kasdin, a real estate lawyer at Akerman Senterfitt. A wave of development is already underway, from Genting's $3 billion Resorts World Miami to additional retail in the Design District. The Brickell and downtown area has seen nearly 24,000 condominium units built in the last decade alone, according to the Downtown Development Authority's Cesar Garcia-Pons. [Miami Today]