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Article: Lofty ambitions: from downtown Miami to Delray Beach, a new wave of loft condominiums has entered the South Florida real estate market. But just what is a loft? these non-traditional spaces are as varied as their neighborhoods--and prices.
- Article from:
- South Florida CEO
- Article date:
- June 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 CEO Publishing Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Loft living--the revamping of rundown industrial or commercial buildings for use as homes and workspaces--is a long-time favorite in older cities, such as New York and Chicago. Think of the cavernous brick spaces in the movies "Ghost" or "Big." Think of Soho or Tribecca.
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In youthful South Florida, where everything is freshly created, there is a decided lack of older buildings for such purposes. But that has not stopped local developers from bringing the trend here. With few existing industrial structures appropriate for residential conversion, developers are designing a new breed of housing--call it tropical lofts--and building it ...