Doral was recently named the fastest growing big city in Florida and the 11th fastest in the country.
Experts at Florida International University’s Metropolitan Center — the entity that analyzed U.S. Census data — said that the growing city has become a magnet for overseas buyers, upscale businesses and real estate developers.
According to the data, from 2010 to 2016, Doral’s population increased by about 12,000 people — roughly 26.1 percent. Last year, the city had about 58,000 residents. 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 that brought in 23,233 residential units. Those units were luxury condos, town homes, cluster single-family homes and rental apartments, city officials say. In the next three years, the municipality is expected to roll out 10 more residential projects, seven mixed-use projects, and 31 non-residential projects that include warehouses, hotels, medical facilities, parks, schools and office space.
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