Nicholas B. Vargo, left, and Gabriel Z. Coelho, right, of Ball Janik. Courtesy photos Luxury Condo Boom Brings Increased Construction Defect Risk
With a boom in construction, there is an increased risk of potential pitfalls and a rise in construction defects. Over the last 10 years, there has been steady growth in construction defect litigation in Florida.
March 22, 2023 at 10:35 AM
6 minute read
Board of Contributors
According to the 2022 Census Bureau, Florida is the fastest-growing state in the country. As Florida continues to grow, many space-challenged cities in Florida are adjusting their height caps upward to allow for taller building structures. Downtowns in Fort Lauderdale and surrounding Palm Beach County and Tampa Bay metro areas are taking their cues from the downtown Miami area and expanding their skyline with luxury high-rise condominiums. Tampa and St. Petersburg have nine new luxury condominiums planned for through 2026. Meanwhile, Miami continues to grow its skyline, and multiple projects announced in Sunny Isle Beach, Hollywood, Fort Lauderdale, and West Palm Beach continue to take shape. These high-rise projects are creating more densely populated areas, which support more walkable and connected downtown areas that attract people from all over the globe.
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