Editor’s Note: The following story by Jeffrey Rembert was published by FORWARD Florida (December 2014) and posted on its website under Construction & Development on December 18, 2014. The link is provided at the bottom of this post.
It’s not the Wild West of pre-2008, but real estate development money is flowing again
Getting a handle on what drives Florida land development is much like finding the beginning of a circle. Where does it start? Is the prospect of profitable development moving money into 
the state or is the availability of financing driving development? Any way you look at it Florida continues to attract developers and financing. Prospects for the coming years continue to be guarded but bright.
“Florida still remains a Sun Belt growth state so the long-term prospects for real estate remain good,” says Guy Michel, senior vice president of Community Southern Bank. “As the financial industry continues to recover, so will the availability of funding for projects subject to higher underwriting standards and cooperation from the regulatory authorities.”