September 22, 2023

Miami-Dade

Jet Set

Pan Am airlines launched Miami's commercial aviation industry nearly a century ago. Now, its former headquarters is being turned into a luxury terminal for travelers looking to avoid crowded terminals and security lines. Read more »
Published on 8/18/2023

Island Plan Revival

After more than 20 years of stalled development, a planned project on Watson Island — a publicly owned enclave between downtown Miami and South Beach — is in the hands of developers known for making big projects happen. In a joint venture, BH3 Management and Merrimac Ventures purchased the 75-year ground lease for the vacant 10.8-acre parcel on the island from Flagstone Property Group. Read more »
Published on 7/31/2023

Key Deals

In adjacent deals, Integra Investments and Key International bought the Perry Hotel & Marina on Stock Island at Key West. Formerly known as Stock Island Marina Village, the site is five miles from historic Old Town. Read more »
Published on 6/28/2023

Just in Time Tech Boost

The company behind a project formerly known only as Confidential Project Xray is global IT management and security software giant Kaseya, which is expanding its Miami global headquarters and pledges to create 3,400 jobs paying an average of $107,000. Read more »
Published on 5/25/2023

Miami Grand Prix

For at least the next nine years, Hard Rock Stadium and its environs — also known as the Miami International Autodrome — will host a Formula 1 race, one of 23 that make up the circuit's championship. Tyler Epp, the event's president, says the goal is to ensure “Miami will be one of the must-attend races on the Formula 1 calendar for the next decade.” Read more »
Published on 5/8/2023

MIA Taxis into the Lead

Miami International Airport set a record for passenger traffic in 2022, crossing the 50 million threshold for the first time and surpassing Orlando International's total. Read more »
Published on 4/21/2023

Promoting Ownership

Small businesses are the “heartbeat” of South Florida's economy, and their soul is cultural diversity, says Brittany Morgan, economic resilience director at the Miami Foundation, which has chosen to promote asset ownership with a $20-million gift from Wells Fargo's Open For Business program. Read more »
Published on 3/15/2023

Prime Location: Miami

“Miami has arrived as a gateway primary market,” says New York-based Lauren Hochfelder, co-CEO of Morgan Stanley Real Estate Investing and its $55-billion portfolio. Speaking at the Urban Land Institute's Florida Summit in Miami in December, she also said Miami's Class A trophy office buildings are drawing interest because office utilization — an indication of how many people have returned to their pre-COVID workplaces and a reflection of office market health — is about 80% to 86% in Miami but only half that in New York and San Francisco. Read more »
Published on 2/15/2023

Miami's economic forecast for 2023

“Insurance is always front of mind for Florida owners and investors. Rising construction costs and pricing for properties has led to a dramatic increase in required total insurable value. Coupled with recent claims, this results in a difficult insurance market with little visibility for owners and buyers into future expected insurance premiums. Stability in this market will be crucial to keep transactions moving smoothly in Miami.” Read more »
Published on 1/1/2023

Emergency Ventures app helps get critical information out during natural disasters to those without cell service

Emergency Ventures, a web and mobile app that connects citizens, volunteers and emergency managers during natural disasters when there's no internet or cell service, was launched to help recovery efforts during Hurricane Ian in Southwest Florida. It uses cached data from hundreds of services and bluetooth links. Read more »
Published on 12/30/2022

Miami-based Doroni Aerospace is developing an eVTOL flying car

Miami-based electric vehicle takeoff and landing (eVTOL) company Doroni Aerospace is developing an eVTOL flying car. Read more »
Published on 11/23/2022

Miami unveils collection of nearly 5,000 NFTs designed by 56 Miami artists

Miami Mayor Francis X. Suarez announced a partnership with Time magazine, Mastercard and Salesforce to launch an NFT initiative for the city to drive revenue to local businesses and non-profits. Read more »
Published on 10/31/2022

Miami-based fintech company Pipe reaches $2 billion valuation

While companies usually sell equity or take out loans to fund growth, Miami-based Pipe makes recurring revenue streams tradable for small businesses or startups by treating the revenue streams as an asset companies can sell to investors for instant cash. Read more »
Published on 9/19/2022

OnChain Studios has signed a multi-year partnership with Mattel for its Cryptoys NFT platform

OnChain Studios has signed a multi-year partnership with Mattel for its Cryptoys NFT platform and raised $23 million in funding from Andreessen Horowitz, Dapper Labs and Mattel. Read more »
Published on 8/31/2022

Health officials issue mosquito-borne illness advisory

Release follows confirmation of one dengue case Read more »
Published on 7/18/2022

Miami Beach filmmakers Rakontur build on fame after breakout Netflix hit Cocaine Cowboys: The Kings of Miami

Miami's ‘teenage celluloid whiz kids' are in their 40s. The state's homegrown iconoclastic filmmakers are busier than ever as they pivot to Florida stories with wider import. Read more »
Published on 7/11/2022

South Florida employers demand more office space, adopt hybrid models to accommodate growth

Jeffrey Gordon is senior managing director at JLL. He says he's seeing the most demand for office space in Miami-Dade. He told FLORIDA TREND how JLL is managing the growth of the hybrid office and what his outlook is for the next year... Read more »
Published on 6/23/2022

Tech Equity Miami aims to invest at least $100 million to boost diversity

To boost diversity and inclusion in Miami-Dade's tech sector, JPMorgan Chase, the John S. and James L. Knight Foundation, the Miami Foundation and social impact venture studio aire ventures launched Tech Equity Miami, which aims to invest at least $100 million over five years in projects that advance internet connectivity, educational programs, resources for small businesses and tech employment opportunities for residents. Read more »
Published on 6/22/2022

Virgin Voyages' new palm tree design cruise terminal is open at PortMiami

Virgin Voyages' new cruise terminal is open at PortMiami. The terminal, part of a county project aimed at reducing emissions from vessels at berth, is home to the 2,770-passenger Scarlet Lady... Read more »
Published on 5/31/2022

Kiwibot aims to expand its fleet of robots by 1,200

Kiwibot, a robotic delivery service startup founded in Colombia and now headquartered in Miami, closed a $20-million contract with Sodexo, a Fortune 500 food services company... Read more »
Published on 5/19/2022

April is Tech Month in Miami

INNOVATION Tech Time April is the inaugural Miami Tech Month, with dozens of conferences and events on the calendar. The eMerge Americas tech conference, launched by tech pioneer Manny Medina... Read more »
Published on 4/20/2022

Pure optimism and momentum

When Jorge Gonzalez joined City National Bank in Miami 12 years ago, the community bank had about $3 billion in assets. Assets have since grown to nearly $22 billion, making CNB the second-largest bank based in Florida, with about 1,000 employees statewide. Read more »
Published on 4/20/2022

Infrastructure: Critical strategies Florida can implement as it grows

Florida is projected to gain 2.5 million new residents by 2030. Here's what that means for schools, roads, homes and other infrastructure needs Read more »
Published on 3/8/2022

The Miami-Dade Women's Fund launches website to assess barriers for women in the community

The Miami-Dade Women's Fund has launched an online dashboard that provides local data on how women are faring in terms of economic mobility, personal health, safety and leadership positions... Read more »
Published on 2/21/2022

Minimally invasive valve replacement procedures are transforming heart repair

Alternative medicine practitioners have long argued that coronary artery disease can be treated safely and effectively with chelation therapy — a process in which chemical compounds are injected into the bloodstream to remove heavy metals from the body... Read more »
Published on 2/21/2022

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Gator with missing jaw finds home in Florida park
Gator with missing jaw finds home in Florida park

A Florida reptile park has taken in an alligator that lost its nose and upper jaw to a fight or boat propeller. Gatorland Orlando said over the weekend that the injured alligator came from a lake in nearby Sanford, about 20 miles (32 kilometers) northeast of Orlando. “She had basically no chance of surviving in the wild with such a severe injury,” the park said in a social media post.

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