Ugo Colombo and other top Miami real estate experts met at the first “Haute Living Real Estate Summit,” held at the W South Beach Hotel.
Developer Ugo Colombo, President of CMC group and one of the first developers to start working in Miami, gave a quick synopsis of the past Miami development phases. In the 80’s, it was houses; 90’s saw waterfront condos; 2000 was the boom, and now 90% of Miami is developed on the waterfront. For new opportunities, developers need to look at interior pockets of land.
The Summit also discussed how Miami needs to expand the activation of green spaces, as well as address parking issues. Broker Jorge Uribe said, “Miami has reinvented itself. We are no longer just about sun, but now have an art scene, gastronomic movement, schooling and astronomically improved quality of buildings.” Miami seems to be a location that attracts people from around the world to come and own real estate, and is viewed as a safe haven for many seeking a place to live the ultimate lifestyle.
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