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Altus Realty

Why is everyone moving to Doral? 

Fuente: negociaenmiami.com

Census says it’s the fastest growing city in Florida.

As Doral’s population has grown, so have its amenities. CityPlace, a downtown-like urban hub, opened in early 2017 at Northwest 36th Street and 87th Avenue.
 

Tucked away in the suburbs just south of Medley and northwest of Miami International Airport, Doral is no longer just an industrial warehouse district known for its never-ending box-truck traffic, pastures filled with grazing cows and posh golf courses.

Dubbed the fastest growing big city in Florida and the 11th fastest in the country by Florida International University’s Metropolitan Center, which analyzed U.S. Census data, the rising city has become a hotspot for international buyers, big businesses and real estate developers, experts say.

According to the study, the suburb’s population rose by 26.1 percent — roughly 12,000 people — from 2010 to 2016, accompanied by fast-paced constructions of new homes. In 2018, the city had about 62,000 residents.

Also on the list for fastest growing cities with populations over 50,000 was Miami, which came in eighth in the state. Between 2010 and 2018 the city’s population increased by 13.1 percent, adding almost 53,000 residents and bringing its population to 464,000.

“Doral’s central location, as well as other amenities, such as good schools, low crime rate and low [property tax] rate, make it a very desirable place to live,” said Maria D. Ilcheva, a senior researcher at the Metropolitan Center. “However, housing affordability and traffic may be a significant challenge for most families and workers.”

When Doral incorporated in 2003, its population was 22,709, less than half of what it is today.

In the last four decades, Doral approved 50 projects totalling 23,233 residential units, including ritzy condos, town homes, cluster single-family homes and rental apartments. To be completed in the next three years are 10 residential projects, seven mixed-use projects, and 31 non-residential projects such as warehouses, hotels, medical facilities, parks, schools and office space.

In the past two years, Doral debuted Downtown Doral and CityPlace, two urban centers offering upscale restaurants, shopping options and diverse entertainment venues.

Median income for Doral households in 2015 was $72,933, significantly higher than the county median of $43,129, according to the U.S. Census Bureau’s 2011-2015 American Community Survey.

About 60 percent of Doral residents work within 10 miles of their home. For comparison, 55 percent of county residents who are employed work within 10 miles of their residence.

Over the last few years, Doral council members have approved dozens of residential developments, among them Doral Cay town homes off Northwest 58th Street; Grand Bay single-family homes near the Medley landfill; Doral Sanctuary, about 300 apartments on 41st Street and 87th Avenue; Contempo, luxury town homes on 91st Avenue and Northwest 22nd Street; Project 8800, upscale apartments across from the Trump National Doral; Doral 4200, about 250 rental apartments off Northwest 107th Avenue; Modern Doral, town homes on Northwest 74th Street and 104th Avenue; and condos at Midtown Doral, Downtown Doral and CityPlace.

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