Miami New Construction Show to draw thousands for condo convention

crane construction-750

Thousands of condo sellers, buyers and brokers will come to the Miami Beach Convention Center this week for the Miami New Construction Show.

The organizers of the Oct. 22-25 event say it’s expected to attract 25,000 visitors and 300 exhibitors. This is its second year, as it was founded in 2014 by Anita Funtek. The idea is to give buyers a broad view of the latest condo projects in South Florida, and help them learn about the market by listening to over 500 hours of presentations, panel discussions and speakers.

The event is happening at a crucial time for the condo industry in South Florida. The pace of sales has slowed as foreign currencies in key countries such as Brazil, Venezuela and Russia have weakened against the U.S. dollar. That makes purchasing real estate in the U.S. more expensive, but the economic instability in those countries provides plenty of urgency for investors to move their money overseas.
Because of those long-term trends, developers are filling up their pipelines with new applications. According to CraneSpotters, there are 111 condo towers proposed without approval, 101 planned with approval, 193 in presales and 117 under construction in eastern South Florida. Most of them are requesting 50 percent deposits, although some developers allow a lower amount when a building is nearly sold out.

The question is how many of those will gain enough traction with buyers to get constructed. Events like the Miami New Construction Show offer a chance for developers to nail down buyers, or simply test the market’s appetite for their product.
I will be speaking at the Market Review on Thursday, which takes place from 3:30 to 6 p.m. It also features Ron Shuffield of EWM Realty, Michael Corcelli of Alexander Alternative Capital, Cyril Bijaoui of WEA Miami and Orlando Montiel of the Montiel Organization.

Recent News

Versatile Carmix takes concrete to North Mara Gold Mine in Tanzania
    The gold mine in North Mara is situated in the north-west of Tanzania, at about 100 kilometres east of Lake Victoria and 20 kilometres south of the border with Kenya. The gold mine works an average of 8,000 tonnes of minerals a day and produced 287,188 ounces of gold in 2015. The gold
Workers’ Memorial Day, observed each year on April 28, honors workers killed, injured, or made ill at work. Since 1992, BLS has collected data on both nonfatal work injuries and illnesses that result in days away from work, and fatal work injuries. In 2015, the occupations with the highest number of nonfatal injuries and illnesses
The undercarriage of a machine represents a significant portion of a piece of equipment’s purchase price. Proper maintenance and operation practices are critical for protecting your equipment investment. Undercarriage maintenance is critical to the overall productivity of a machine. It is the mechanism that gives tracked machines much of their power and stability. It also
Deere Adds 8-Year / 20K Hour Warranty on 944K Electric-Drive Components
John Deere is now offering a 96-month / 20,000-hour power electronic components warranty on the Deere 944K hybrid wheel loader. The warranty is retroactive to existing machines in the field and provided on new 944K loaders through October 31, 2018. The warranty includes a 96-month (eight-year) or 20,000-hour (whichever comes first) non-prorated assurance on wheel
  Vermeer’s Silver Series drill rod is composed of S135 common grade steel and is threaded in the same facility as the company’s Firestick drill rod with the same column wall thickness. The Silver Series drill rod is available in four sizes: 1.66-inch, 1.9-inch, 2.06-inch, and 2.375-inch, for use on the D7x11 through the D24x40
CHILE: Construcción regional cae 7,5% y suma dos meses con cifras en rojo
Datos de Cámara Chilena de la Construcción estimaron retroceso de 7,5% en febrero que se suma al -10% de enero. Se busca consolidar esfuerzos público-privados para enmendar el rumbo. Por primera vez desde el año 2002, cuando se comenzó a publicar el Índice de Actividad de la Construcción Regional (INACOR), la Región de Coquimbo inicia

About Us

In Tractopart we supply quality construction Parts and Heavy Equipment Parts with excellent discount rate for New , Used Rebuilt & Surplus parts for excavators, Wheel loader dozers, and undercarriage for all heavy equipment brands, we are locate in Miami, Fl

Contact Info


At Tractopart we focus on providing high quality parts at a great price. Our parts are subjected to rigorous inspection procedures that allow us to ensure product quality.

Phone: 786.219.1010
Main Office: 3505 South Ocean Drive #204
Hollywood, FL 33019