Demand Surges for Outdoor Amenities

Day Pitney Land Use Counsel Joseph Ruiz was featured in GlobeSt.com article "Demand Surges for Outdoor Amenities." Ruiz discusses the uptick in demand that commercial real estate developers have seen in outdoor amenities in Miami-Dade County.

He commented that paddle sports are seeing an explosion, and interest rates and high costs are forcing developers to build mixed-use properties-or reposition existing ones. He noted, "Having a paddle court, a pickleball court, [and] these types of outdoor recreational facilities is a good way to, reposition the property in the interim."

Ruiz added that offices are also adding outdoor amenities to attract employees, stating, "I think it's just, developers recognizing there's a shift in the change in need and the types of amenities that need to be provided with these buildings."

Read the full article here.