An event Friday evening shows Downtown Miami's condominium market could be on the rise.
Jorge Perez with the Related Group attended a party at the sales center of his most recent project: the My Brickell condominium.
It's the first new condo project the well-known developer has started in Miami since the condo market tanked in 2008.
"Hopefully, we have learned the lessons from the past," said Perez.
The My Brickell condo will contain 192 units. It is slated for groundbreaking in March and is expected to be completed in late 2013.
Plans are already in the works for a My Brickell 2.