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A 30-story mixed-use complex is just the latest sign of the expansive growth as the downtown lures more businesses and residents.

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The BBX Park at Delray logistics facility project is expected to be comprised of three buildings. The initial phase of the project is expected to be construction of an approximately 200,000-square-foot building with plans to construct two additional buildings in the future.

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According to a Green Street analysis, out of 20 metros with the highest collective first half year industrial sales, only seven were higher than the same period in 2022, Miami sales increased 25.7% and came in fifth place in dollar volume with $288.2 million and 25 properties.