High land costs and scarcity in South Florida are driving major developers to pursue opportunities across the state. Noah Breakstone’s BTI Partners, a Fort Lauderdale-based firm, exemplifies this trend. Since 2011, the company assembled nearly 8,000 acres of land, more than 17,500 units/lots and over 2 million square feet of commercial and retail development.
The article highlights BTI’s Grove Resort & Water Park near Orlando, featuring 878 residences starting at $330,000—significantly cheaper than South Florida’s $500-$1,500 per square foot pricing. Breakstone explains that South Florida is hemmed in by the Everglades and the Atlantic Ocean, making Tampa and Orlando more viable for affordable development.
