More Multifamily Construction In Miami Last Year Than Anywhere Outside Of New York

Miami ranked second in the nation for new multifamily construction in 2014, behind only New York City, according to Dodge Data & Analytics.

The rankings were done by dollar value of construction. Rounding out the top five were Washington DC, Los Angeles CA, and Boston MA.

The report also claims that a $675 million mixed-use Miami tower broke ground in December, which includes $208 million for the multifamily portion and a $304 million office portion. No other details on the project were listed.

 

(photo:centro/plaza construction)