Have you ever wondered what the most expensive real estate developments have been in U.S. history? While you may have an idea, it may shock you to know how much some real estate developments actually cost. While New York City is home to many expensive real-estate developments, Miami, Vegas, and Boston also have some incredibly classy and costly spaces to brag about.
Some of these developments are already built, while others are still in construction. Take a look:
At $1.05 billion, the Brickell City Centre in Miami catches your attention. This downtown development is home to more than just people renting apartments. From movie theaters to restaurants and offices, this is definitely one of Miami’s most attractive and most expensive developments, catching the eye of jet-setters and world travelers.
In the works, Seaport District in Boston is setting up to be one of the most expensive real estate developments the U.S. has ever seen. With the go-ahead in place, it’s no wonder developers are planning on making this a big and beautiful real estate development with plenty of attractions (such as a performing arts hub, office, parking, and residential spaces). The whole thing is already up to $2 billion, but who knows, the city may even allow the developers to go further with their dream.
Either way, it’s going to change Boston’s skyline and of course, open up jobs for many.
Of course, Manhattan is where really big things happen, so it’s no wonder that a private development is in the works in NYC. The location is incredible, which is one reason why the development is on the list of most expensive real estate developments in American history. It’s also on the list of largest private developments and at the top of it! With more than 18 million square feet to be built, one can only imagine how many amazing things it will have once finished.
It’s expected to have plenty of residential space (around 4,000 units), shops, 5-star restaurants, hotels, and so much more. Estimated at $20 billion, this is a pricey development that will definitely be prime real estate for those who want to live in one of Manhattan’s most popular areas. (If you love the high-line, you’ll love Hudson Yards. Not only will this be an amazing place for people to live, but the construction of the development will open up thousands of jobs.
Las Vegas is home to several expensive real estate developments, but none of them quite as big or as expensive as the City Center Las Vegas. From gorgeous condos with quality views, stores, luxury hotels, and of course, casinos, City Center cost around $8.5 billion to build. It is an eye-catching development that you can’t ignore if you ever visit Vegas and is one of America’s most expensive real estate developments—ever!
If you’d like to learn more about modern real estate, visit The Damron Group in San Marcos, TX.
For over 30 years, the Damron name has represented the highest level of customer care, area expertise, and industry knowledge in the San Marcos, Texas real estate market.