Overall condo inventory surges 28%, signaling growing demand for vertical living.

Completion set for summer 2027 on Tiara on the Beach, with home prices starting at $1.2 million

Infrastructure Investments: Enhancing Accessibility and Resilience Coastal cities across the U.S. are investing heavily in infrastructure to bolster their tourism appeal and protect their shorelines from environmental threats. One such initiative is the beach replenishment project in Atlantic City, New Jersey, which has added 1.2 million cubic yards of sand to restore eroded beaches. This project aims to combat the effects of coastal erosion, enhance the beach width, and create a more appealing environment for tourists. In addition to replenishing beaches, significant investments are being made in luxury real estate developments. In Galveston, Texas, for example, the development of high-end residential properties like the Roseate Beach and Tiara on the Beach condos reflects the growing demand for premium coastal experiences. These luxury developments cater to affluent visitors seeking exclusive vacation experiences, further boosting the appeal of U.S. beaches as desirable destinations. The influx of such investments not only elevates the visitor experience but also strengthens the local economy. More upscale accommodations and amenities attract wealthier travelers who contribute more to the local economy through spending on dining, entertainment, and retail. These investments also help generate jobs in construction, hospitality, and maintenance, benefiting local communities.