Downtown Fort Lauderdale is in the early stages of a residential construction boom not seen since the last South Florida real estate boom and subsequent crash began in 2007.
Unlike other areas of South Florida, where developers are proposing more than 50 new condo towers targeted primarily at out-of-town buyers, the downtown Fort Lauderdale construction boom is — at least, initially — focused on creating rental units catering to existing and future residents. Read more here.