"We’ve just got to rewrite the rules in a proper way in order to get the types of projects that are going to make our community stronger and better, and more vibrant and more resilient," said David Martin, CEO of Terra in Miami.
August 29, 2022 at 07:00 AM
12 minute read
South Florida is facing many environmental challenges, but its real estate market tells a different story.
An influx of new residents and business activity has resulted in surging property values and bidding wars over commercial spaces. And yet, the region is vulnerable to the effects of climate change, including extreme heat, more frequent and intense storms, and rising seas.
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Developers who’ve already incorporated climate sustainability and resilience into their projects say they expect it to pay off in the long term. Photo: Daniel Korzeniewski/Adobe Stock.
