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Health and safety must remain everyone's first concern, but while keeping those foremost in mind, I believe there is room to be optimistic in the long-term about South Florida's economy, given our area's attractiveness to residents from other states and foreign individuals.
Although many tenants have a legitimate need for such protection during the pandemic, such a large focus on and empathy for tenants is also being abused by certain "bad actor" tenants.
A new Gensler report found than at least half of the 2,300-plus respondents said they'd need stronger policies against coming to work sick, increased opportunities to work from home, and an uptick in office cleaning.
Rodney Riddle of McCarthy Building Companies says it comes down to evaluating the best value to the owner based on having a complete understanding of the advantages and disadvantages of each structure type.
JLL also said that there were good signs that the US economy is beginning to reawaken, citing truck loads, mortgage applications, new business applications, flight bookings, hotel reservations and distances traveled.
Since breaking ground in October of last year, 44 East Ave. is one of the only condo buildings currently under construction in downtown Austin, the only one planned for completion in 2022 and Intracorp's first Austin development.