Young developer bets millions on S. Fla.’s real estate boom

Young developer bets millions on S. Fla.’s real estate boom

A developer is paying a bold $46.5 million for the two-acre parking lot just west of Miami’s Bank of America Tower at International Place. But perhaps even more surprising: He’s never constructed a building before.

Jeremy Green, 32, is buying the parcel pinched between Southeast 2nd Street and the Metromover line for nearly double the price paid less than two years ago, in a bid to turn it into office towers. It’s part of a development spree by Green that includes four condominium projects in Miami’s Design District and two recently purchased downtown Miami properties for future office projects.