The Wrap: Office property market posts strong first-quarter growth, Related to break ground on affordable housing in Brickell later this year…and more

Downtown Miami (Credit: Marc Averette) 1. Office property market posts strong first-quarter growth [Wall Street Journal]2. Related to break ground on affordable housing in Brickell later this year [The Next Miami]3. FPL plans expansion of command center in Palm Beach County [SFBJ]4. Accor buys Onefinestay to expand in luxury serviced-homes [Bloomberg]5. Hedge funds dominate Miami-Dade tax…

Overtown CRA says affordable housing is on the rise

Plaza at the Lyric, All Aboard, Courtside Apartments and Island Living With construction for All Aboard Florida’s MiamiCentral project and Miami Worldcenter underway, the blighted neighborhood of Overtown is poised for a boom during the current real estate cycle. And as gentrification begins to take hold in the area, officials with Miami’s Southeast Overtown/Park West…