In March, Florida Gov. Ron DeSantis signed Senate Bill 102, known as the Live Local Act, a dramatic overhaul of the approval process for housing development across the state. The passage of the act has already begun to transform development processes across the state of Florida ahead of the law’s July 1 effective date.
CBRE says 2021 will still see a boom in new commercial real estate development. This is not to discount surging prices, which have resulted in domestic steel and lumber prices tripling since last year. CLICK ON THE HEADLINE FOR MORE