September 29, 2020
ATS Miami Oct 2019
Students in the ATOM think tank program gain experience working with companies such as Royal Caribbean.
ATS Miami Oct 2019
Bal Harbour Shops expansion

Photo: Rendering

ATS Miami Oct 2019
The University of Miami Health System's Sylvester Comprehensive Cancer Center became the second Florida facility designated a National Cancer Institute Cancer Center, which gives Sylvester access to NCI trials, treatments and research grants.

Miami-Dade Roundup

Florida International University's ATOM think tank

INNOVATION

Analytics Innovator

Florida International University faculty and students consult with companies on business analytics projects through the Analytics, Technology and Operations Management (ATOM) think tank.

Leading the organization is Karlene C. Cousins, an attorney who has a master’s in computer-based management information systems and a doctorate in business administration. Cousins launched and runs ATOM as part of the business school’s Information Systems and Business Analytics Department, which she chairs.

Since it opened in 2015, ATOM has worked with FedEx, Royal Caribbean Cruises, Global Health Intelligence and Govcomm, among others, helping them organize data into meaningful patterns, dashboards and apps to boost their business, Cousins says.

Companies can pay for faculty-led projects or sponsor a 16-week class, among other options, at a cost that’s typically a fraction of what they would pay for the services elsewhere. Cost of the ATOM’s services range from about $6,000 to $30,000. The work keeps faculty up-to-date with business needs and also gives graduate and undergrad students real-world experience in business analytics, she adds. — By Doreen Hemlock

RETAIL

  • Whitman Family Development, owner of luxury shopping center Bal Harbour Shops, secured a $550-million construction loan to add another 300,000 square feet to the open-air center’s 463,114 square feet.
  • Warren Henry Auto Group, which owns six South Florida dealerships, will add between 150 and 200 jobs to its headquarters and showroom when its new location opens this fall.

ACCOUNTING

  • The 60-year-old Gerson Preston accounting firm named its first managing partner not among its founders: Steven F. Klein, who led its corporate accounting and audit division.

AVIATION

  • AAR Landing Gear is increasing its 500-employee workforce by 100 jobs as it expands its Medley headquarters. AAR is a subsidiary of Illinois-based AAR Corp.

DISTRIBUTION

  • Air-conditioning, heating and refrigeration parts distributor Watsco will pay an undisclosed price to acquire Philadelphia-based Peirce- Phelps, one of North America’s largest HVAC distributors.

ENTERTAINMENT

  • Los Angeles music festival company Insomniac Events purchased an ownership stake in the downtown Miami music venue Club Space. Davide Danese, Coloma Kaboomsky and David Sinopoli retain ownership stakes.
  • Miami-based Loud and Live, which represents athletes and hosts live and digital music and sports events, acquired Granite Games, which stages fitness events and competitions in the Midwest.
  • The 20-year-old Ultra Music Festival will once again take place in downtown Miami’s Bayfront Park. Last year, pressure from downtown residents pushed it to relocate from Bayfront to Virginia Key Park, but attendance suffered, and the festival had announced it was leaving the city of Miami.
  • International Speedway promoted Al Garcia to president of Homestead-Miami Speedway. Garcia, who has worked at the Homestead track since before it opened, replaced Matthew Becherer, who was promoted within the company.
  • The Miami-Dade County Youth Fair & Exposition hired Eduardo Cora, a longtime board member and former chair, as its new president and CEO.

HEALTH CARE

  • The Miami-based Parkinson’s Foundation is offering free genetic testing and counseling to all people with Parkinson’s disease through a project called PD GENEration. The results may help individuals qualify for enrollment in clinical trials. Data will be used to study the disease and develop new treatments. Meanwhile, the National Institute of Environmental Health Sciences awarded a $6.6-million, eight-year grant to a faculty member at Florida International University’s Stempel College of Public Health and Social Work to study how brain cells die in Parkinson’s patients and to develop drug therapies to combat it.
  • Baptist Health relocated its in-patient rehabilitation program to a new, 23-bed in-patient unit at Homestead Hospital. It had been in Baptist Hospital.

REAL ESTATE

  • The Marathon City Council approved a project that will include 14 affordable and workforce homes, office space for Coral Construction, outdoor storage, a pool and parking. For the first time, the city set conditions for what a developer can charge for the units. Through a public-private partnership, the city of Miami Beach and developer Ocean Terrace Holdings will create a five-acre oceanfront public space, called Ocean Terrace Park, in the city’s North Beach neighborhood.

TECHNOLOGY

  • The non-profit Knight Foundation will fund a $50-million study of how social media and big data are affecting American democracy and politics, governance of companies in those sectors, as well as ways to prevent digital technology from undermining American democracy.
  • Health care robotics startup Neocis raised $30 million from existing investors.

TOURISM

  • Michelin Star-rated Japanese restaurant Kosushi opened its first U.S. location in Miami Beach. An affiliate of Miami-based Crescent Heights sold 39 hotel condos and 8,900 square feet of retail space in the Bentley Hotel South Beach for $28 million.

 

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