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South Florida Construction Boom Could Grind To A Halt Thanks To New Tariffs

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Matias Ocner
/
Miami Herald
Most at risk from more tariffs is South Florida’s booming construction industry. Developers and contractors must negotiate deals on raw materials like steel and concrete well in advance to meet project deadlines.";

There are some 80 major active construction projects in Miami-Dade, making it one of the hottest real estate markets in the country. Broward has as many as 50.

But if new tariffs are imposed on Chinese raw materials, as the Trump Administration has warned, many of those projects could grind to a halt.

“[This] will wreak havoc in so many areas,” said Anthony Graziano, senior managing director for Integra Realty Resources, a real estate firm, in an email.

Read more at our news partner, the Miami Herald