November 20, 2025
Inside one developer’s first high-rise project
IntelME Verdict
Market Shift
TL;DR
Developer Gevorg Shahbazyan of Starlife Group embarks on his first high-rise project in Hollywood, Florida, transitioning from lower-density residences, potentially impacting the local skyline and housing market.
Analysis
This transition to constructing a high-rise project signifies a significant market shift for the developer, potentially altering the local skyline and housing market dynamics. Built environment professionals should take note of this shift as it may indicate a trend towards increased vertical development in the area, impacting construction methods, building codes, and project economics.
Source
Construction Dive↗Share:
