In this quick clip sure to be fascinating for all in the Miami area, whether owners of commercial property or not, one is able to watch the probability cone, aka the cone of uncertainty, for Hurricane Dorian change over time as the storm progressed through the Atlantic. For those of us that lived through it, oh-yeah-there-I-thought-we-were-going-to-get-it moments are sure to be recalled. Fortunately, the storm ended up missing MIami entirely, seemingly now destined for landfall or at least a land nick in the area of South Carolina. As for us here in Miami; whew!
The map in motion in this post tracks the progress of Dorian as well as the evolution of its probability cone, aka cone of uncertainty, as it passes Florida and moves through the Atlantic
The approach of Hurricane Dorian got the commercial real estate world talking. Articles came out as it approached, such as As Hurricane Dorian barrels toward South Florida, developers and builders prepare by TRD. Once it has passed, articles become more reflecrtive, such as TRD’s Hurricane Dorian spared South Florida but will still cost developers and contractors and Bisnow’s Close Call: Hurricane Dorian Passes, But Is CRE Ready For The Next Storm? All in all, it would seem a close call from such a powerful storm go the attention of Miami commercial real estate investors, and is likely to bring changes. What those changes will be is anybody’s guess.