Does that mean the two counties won't soon run out ofdevelopable land? Probably not, according to the South FloridaRegional Planning Council. Most large tracts in western sections ofMiami-Dade and Broward are gone, planners say.
The Census Bureau reports the population in metro Miami-FortLauderdale reached 3.71 million last year: 2.18 million inMiami-Dade and 1.54 million in Broward. But Broward's growth ratesince 1990 of 22% nearly doubled Miami-Dade's 12%. The combinedtwo-county nine-year growth rate was 16%.
Based on the latest data, Miami-Dade planners now believe thecounty's population won't exceed 2.7 million by 2015. Theypreviously projected three million. However, there are those whoargue that basing future planning on the lower number could lead tomore congestion if these figures prove to be too conservative.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
