Communities around South Florida appreciated the strides TerranovaCorp took towards bringing their overall success. Their strategies brought actual development to the evolving communities. About four decades ago, Palm Beach, Miami-Dade, and Broward were mainly residential and underdeveloped. Professional opportunities for the residents were scarce, forcing them to rely on surrounding communities better developed.
They were supported through employment, having to travel for work in the evolved neighboring communities. Through TerranovaCorp, their areas began developing, offering numerous job opportunities to the residents. TerranovaCorp chairman Stephen Bittel ensured they grew the areas through shopping centers, construction, and business centers and offices. Residents were offered jobs in project management, engineering, and construction.
The unprecedented employment drove the growing hyper-local economy, which increased the spending power within the surroundings. Both consumer behavior and tech development dictate how commercial real estate evolves. For instance, it shaped the streetscape development area of Miracle Mile, Coral Gables. The city authorities’ steps will ensure increment in consumer traffic, tourism, and hyper-local residential and commercial growth.
Among these strategies was the completion of a massive $21 million project in 2018. The streetscape projects included gardens, safety lighting, art, pedestrian-friendly walking zones, and wayfinding structures. The project was established in Miracle Mile, an area currently a traveler’s must-visit destination and an integrated piece to the locals’ lives. Miracle Mile has continually been offering employment to residents and their businesses a loyal client base.
After the streetscape project was finished, Miracle Mile invited more growth and innovation. TerranovaCorp is a renowned developer in Miracle Mile, being involved in multiple commercial-based projects. They are currently making extensive progress in developing a mixed-use retail and hotel space after the plan was approved. Their plan upon completion will potentially increase travel and hospitality through the hotel section.
Background Details
TerranovaCorp aims to offer locals construction jobs and create management and retail positions that will boost their hyper-local economy structure. This project will connect travel convenience, social media platform-worthy adventure, and immersive consumer shopping.
Connect Stephen at professional network:http://Linkedin.com/in/stephenbittel