Commercial real estate in Florida these days is on the rise, literally. Condo skyscrapers are expected to be in greater demand in the state, specifically in the Southwest Florida commercial real estate market. This is because inventory is tightening and the economy is improving.
One development group called Ronto Group has begun to market a project known as Towers at Bonita Bay, which involves two buildings and is being planned out right now. In addition, WCI Communities is planning the building of a brand-new tower in the region. Tower projects are slated to be introduced more and more during the next two years in premier areas of Florida where the real estate market has experienced a recovery. These premier locations are those featuring lifestyle amenities along with water and sand.