Homebuyers from New York to other countries like Brazil will demand access to both convenient and centrally located communities. And tools like ‘upzoning,’ which helps ensure an ongoing mix of homes in a wide variety of shapes and sizes, will need to be put in place to meet that demand.
WEST PALM BEACH, Fla. (PRWEB) October 11, 2019
Founder and President of Akel Homes, Alexander Akel, highlighted the future of development in South Florida at the exclusive Realtors® of the Palm Beaches and Greater Fort Lauderdale’s (RAPB + GFLR) annual Realtor® Revolution Conference on October 10. Held at the Palm Beach County Convention Center, the conference featured Akel and other key experts during its Developer Panel that focused on helping its members stay on top of the region’s latest housing trends and more.
According to state economists, the population of Florida will continue to boom as more than 330,000 people, or an estimated 900 people each day, move to the Sunshine State. Ultimately, by the year 2024, Florida’s population will increase to 22.8 million residents. Akel outlined that the shrinking availability of land for new homes, combined with the massive influx of people, will inevitably lead developers and public sector decision-makers to implement innovative ways to enable developers to build more housing.
“South Florida will continue to be a booming melting pot in the decades to come,” said Alexander Akel, Founder and President of Akel Homes. “That means local decision-makers and developers will need to work hand-in-hand to make sure our region is ready.” “
“Homebuyers from New York to other countries like Brazil will demand access to both convenient and centrally located communities. And tools like ‘upzoning,’ which helps ensure an ongoing mix of homes in a wide variety of shapes and sizes, will need to be put in place to meet that demand,” emphasized Akel.
The Realtor® Revolution Conference’s Developer Panel represented a who’s who of South Florida experts. In addition to Akel, they included Amrit Ocean Resort & Residences Founder Dilip Barot, Cavache Properties Managing Partner Adam Adache, Kenco Communities Chairman Kenneth Endelson, and Label & Co. President Harry Posin. The moderator was Florida Realtors® 2019 President Eric Sain.
A privately-owned regional firm, Akel Homes is known for specializing in new homes in cutting-edge, design-oriented lifestyle communities. The firm’s renowned philosophy revolves around building lasting relationships with customers – the hallmark of the Akel Advantage – unlike larger builders who focus on meeting short-term goals with a mindset driven by quarterly results.
Akel Homes’ latest master-planned Villamar Toscana Isles is an extraordinary resort-style community of single-family new homes in the heart of Palm Beach County.
About Akel Homes
Akel Homes is a fully integrated private residential development firm based in South Florida. The company’s mission is to build exceptional homes and amenity-rich communities that cater to all lifestyles. Akel Homes utilizes the highest quality building materials, innovative construction methods and forward-thinking architectural designs to create unparalleled single-family residences, townhomes and multifamily apartments in resort-style master-planned communities. Since 1986, the principals of Akel Homes have built over 4,000 residences and many of South Florida’s most renowned communities. For more information, visit http://www.akelhomes.com.
About RAPB + GFLR
Realtors® of the Palm Beaches and Greater Fort Lauderdale (RAPB + GFLR) has merged with the South Broward Board of Realtors® to form the 3rd largest local Realtor® association in the country. The newly combined association represents 33,000 Realtors®, 35,000 MLS subscribers, and 5 regional boards across South Florida & the Treasure Coast. For more info, visit RapbGflrMerge.com or contact Communications@rapb.com.