Gus:

Welcome to the Corridor. Indeed the area seems to have several names. However, names like Midtown, Upper Eastside, Wynwood, etc. are all areas within the much broader area known as the Biscayne Corridor.

The Biscayne Corridor Chamber of Commerce defines the Biscayne Corridor as the area enclosed by, Biscayne Bay on the East, the Miami Shores border on the North, NW 7th Avenue on the West and the Miami River on the South.

As you can see, it is a rather large area consisting of numerous smaller neighborhoods.

Right now, the "hottest areas" of the Biscayne Corridor, in terms of new residential development, are located along Biscayne Boulevard beginning at the Miami River in Downtown and stretching all the way up to 82nd Street.

These developments consist almost exclusively of condominiums. Single family homes continue to be popular in areas such as Morningside and Belle Meade. However high land values and generous zoning currently make single family homes less profitable to build.

Several experts warn that Miami-Dade County is going to face a real estate crash due to an overbuilt inventory of condo units as a result of the numerous investors purchasing a great deal of the current condo offerings.

Time will tell on that.

I hope this helps or at least gives you a little more insight into your new neighborhood.

Again...welcome.

Cheers!
Patrick Whiteside
VP, Biscayne Corridor Chamber of Commerce
www.biscaynebiz.com