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New Miami Blog Insights and Commentary on the Gateway City's Expanding Global Significance

Category Archives: Trade

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GIS Technology Supports Port Efficiency and Expansion

Known as the Cargo Gateway to the Americas and currently home to 13 cruise lines, Port Miami is a vital economic anchor of Miami -Dade County. The Port employs more than 200,000 in the South Florida region and contributes $27 billion annually to the local economy. While more than 4 million cruise passengers traveled through the… Continue Reading

Miami: The Next Entrepreneurial Frontier

We spend a lot of time looking into where our city is headed on our New Miami blog, and we are truly excited about the opportunities for innovation in Miami. On the heels of the success of various events focused on entrepreneurship in Miami, such as eMerge Americas Techweek and the Knight Foundation’s Start-Up City,… Continue Reading

Establishment of Chinese Consulate-General in Miami

On September 3rd, the Miami-Dade Board of County Commissioners adopted the resolution directing the Mayor to develop a plan to establish a Chinese Consulate-General in Miami, by a 12-0 vote.  Currently, the Chinese Consulate-General in Houston covers Florida as part of its consular jurisdiction.  A Chinese Consulate-General located in Miami-Dade County would not only alleviate… Continue Reading

Free Trade Zones in Miami a Boon to International Companies

Free trade zones are federally designated areas that are officially considered outside of the commerce and customs territory of the United States. The appeal to international companies established in free trade zones include duty elimination, deferral and reduction of insurance costs, minimized regulatory compliance, and more efficient operations. With the anticipated influx of cargo ships… Continue Reading

Miami’s Entrepreneurial Landscape Evolves

Guest blog post written by Seth Werner, Chairman/CEO Harbour Real Estate Corporation. In 2013, Miami raked in about $300 million in venture capital, a staggering jump from previous years. While Miami has always had its fair share of entrepreneurial activity, historically it has had issues with keeping many startups. That’s quickly changing. Contributing to the… Continue Reading

The Port of Miami Tunnel is Open!

The Port of Miami Tunnel’s opening on Sunday, August 3, 2014 marked a rousing day for Miami. Not just because police cruiser sirens, motorcyclists and tractor trailers inaugurated new, underwater lanes for thousands of vehicles to soon follow, but because it signaled a great accomplishment in the world of public-private partnerships that will benefit Miami… Continue Reading

Why Miami?

Guest blog post written by Will Corbin of The Beacon Council. On July 23, more than 200 people attended The Beacon Council’s New Leaders Taskforce “Why Miami?” panel discussion, which provided an overview of Miami and its business and civic assets. The program was geared towards young professionals who are new to the Miami area,… Continue Reading

Get Ready For A Miami Tech Hub

Miami has long been known for its tourism and hospitality industry, its booming real estate market and its diverse international population. Now, in the wake of Microsoft’s announcement that it plans to open a state-of-the-art training facility in the Magic City, and several noteworthy events targeted specifically toward this rising industry, we can now add… Continue Reading

P3 Legislation a Hot Topic at the Florida Logistics & Trade Conference

Public-private partnerships (P3s) received significant attention at the 2014 Florida Logistics and Trade Conference.  The overall consensus of the conference’s P3 Panel, which was moderated by Albert Dotson, is that the state of Florida has cultivated a positive climate for P3s to thrive. Florida is prime for new infrastructure development and has established itself as… Continue Reading

Florida’s Revenue System Outlined in New Report

The Leroy Collins Institute has published a report that outlines their view of the state’s revenue system and its potential misuse. The report, entitled “Tougher Choices: Shaping Florida’s Future,” builds on a 2005 Institute report which warned that the state’s revenue system was overly reliant on the booming housing market and influx of construction due… Continue Reading

eMerge Americas Techweek: Final Thoughts

The eMerge Techweek Conference’s last day, like every day before it, was filled with interesting discussions led by the tech world’s movers and shakers. On Monday, they held a session about crowdfunding, led by EarlyShares CEO Joanna  Schwartz. Crowdfunding is an innovative way of raising equity and gathering investors without losing creative control. Done in an online,… Continue Reading

Monday at eMerge Americas Techweek: Live Blogging

Over 5,000 people have gathered for the inaugural eMerge Americas Techweek Conference, hosted at the Miami Beach Convention Center. In addition to the elaborate booths of sponsors from various sectors, including education, health and the financial sector, the conference has an array of speakers on a variety of topics, grouped into categories such as “Innovate,”… Continue Reading

Miami Projected to Become Technology Hub

The City of Miami is already widely known as the gateway to Latin America.  Local business leaders are now looking to leverage that position to build on Miami’s role as a technology hub. InfoWorld, a leading source of information on emerging enterprise technologies, recently included Florida as #3 in its list of U.S. states with… Continue Reading

Miami Ranked as a Top Global City

Knight Frank Releases 2014 Wealth Report and Global Cities Survey Miami and New York are the only North American cities to make the top ten list in a recent survey of the most important global cities to the world’s wealthy. The Wealth Report, issued annually by London-based real estate consultancy Knight Frank, tracks performance of prime… Continue Reading

PortMiami Cargo Rail Service Makes an Early Start

The reconnection of the freight-rail service to PortMiami is in effect.  In recent months, the Florida East Coast Railway (FEC) has begun train service carrying cargo containers directly onto PortMiami’s docks.  Soon, one to two trains are expected to serve the Port per day. As highlighted by Miami-Dade Mayor Carlos Gimenez during his State of the… Continue Reading

Full Speed Ahead: State of the Ports Briefing 2014

Today, we attended the State of the Ports Luncheon, along with several of our Bilzin Sumberg colleagues and over 1,000 prominent business leaders in our community, including representatives from local government, major cruise lines and the United States Coast Guard. Those in attendance at the annual “State of the Ports” address enjoyed an exclusive screening… Continue Reading

Happy Holidays to All Our Readers!

It’s hard to believe that 2013 is already drawing to a close – the year in New Miami flew by in a whirlwind of development as new plans were announced and projects took shape. From rail, seaport and airport expansion to the buzzing arts and cultural scene, New Miami continued to grow. We celebrate our… Continue Reading

More Transportation P3s on the Horizon in South Florida and Nationally

We have written frequently about the potential for new transportation-related public-private partnerships (P3s). Recent posts on the topic have discussed Amtrak, UniversityCity at FIU, and PortMiami, among other area transportation-related P3s. Increase in Transportation P3s in 2014 A recent report reflects that these examples are part of a much larger national trend. The Fitch Ratings… Continue Reading

Soccer at the Seaport?

Should a soccer stadium be built at the Port of Miami?  Soccer superstar David Beckham and his investment team have identified the southwest corner of the Port as a potential stadium site for a new Major League Soccer franchise. Sports enthusiasts hail the waterfront site with its stunning views of downtown as the perfect place… Continue Reading

Opportunities for Public-Private Partnerships Continue to Expand

We have on several occasions discussed the major infrastructure projects currently under construction at PortMiami, and how the port is a prime location for public-private partnerships (P3s) in the coming years. Seaport To Play Key Role in Miami’s Economy Last week, RCA Miami hosted a conference that included a presentation by Kevin Lynskey from PortMiami… Continue Reading

New Miami in the News: Weekly Recap

New Miami continues to attract national and international attention, and this past week was no exception. Venezuelans eclipse Brazilians as the largest group of foreign prospective land buyers, Caribbean wholesalers shop in Wynwood’s Korean-American owned fashion district, and the Miami DDA uses restaurants and the arts to entice New York City hedge funds. Commercial-Property Lending… Continue Reading

New Brazilian Anti-Corruption Law May Impact South Florida Businesses in Brazil

In a recent Daily Business Review Board of Contributors article, we discuss Brazil’s new anti-corruption law, which will come into effect starting in early 2014. The law is similar to the U.S. Foreign Corrupt Practices Act and the U.K.’s Bribery Act, but is even more robust in certain respects and contains a series of draconian… Continue Reading

Thank You For Joining Us For Our New Miami Breakfast Series | Hospitality

Thursday, June 13, 2013 8:00 AM – 10:00 AM 1450 Brickell Avenue, 23rd Floor Miami, FL 33131 Thank you for joining us for the second installment of the New Miami Breakfast Series. Hospitality: A Bird’s Eye View of Miami and Beyond Miami is one of the most active hotel investment markets in the country and… Continue Reading