The New Developer

Land scarcity promotes development of "urban villages".
September 20, 2004, 2pm PDT | Abhijeet Chavan | @legalaidtech
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"Suburban town centers represent a new direction for Codina, who for two decades has built industrial parks in South Florida. With open, developable land almost entirely gone in Miami-Dade and Broward counties, Codina has to look for alternatives. ''I would do other industrial parks, but there is no place to do them [in Miami-Dade],'' Codina said in an interview last month.Other developers, too, are responding to the lack of available land by turning to urban center projects they believe will appeal to buyers seeking respite from suburbs plagued by traffic woes and a lack of identity."

Thanks to Matthew Kaskel

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Published on Monday, September 20, 2004 in The Miami Herald

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