Which U.S. city is the next goldmine for developers? Focusing on unlimited height

[Robert Ellis]

While Miami’s unlimited height districts are commanding land prices upwards of $100M per acre, savvy developers are eyeing hidden gems like Columbus, Ohio, where land in key districts is still available for as low as $4M per acre. Despite Columbus being labeled a tier 2 city, its rapid growth, untapped development potential, and stable Midwest economy make it an overlooked goldmine for investors.

As coastal markets hit record-breaking prices, tier 2 cities like Columbus, Charlotte, and Nashville are becoming hotspots for developers seeking lower entry costs with strong upside potential. Could these emerging markets be the key to maximizing returns in the next development wave? How much is an acre of land in your city's unlimited height district and is it a tier 1 or tier 2 city? Typically by definition metros 2 million to 4 million are Tier 2 while Tier 1 cities are 4 million and up.