FYI Miami: February 9, 2017
Below are some of the FYIs in this week’s edition. The entire content of this week’s FYIs and Insider sections is available by subscription only. To subscribe click here.
COMPENSATION COSTS JUMP: Total compensation costs for private industry workers rose twice as fast in Miami-Dade County in 2016 as they did in 2015, figures released last week by the US Bureau of Labor Statistics show. Costs here rose 3.4% in 2016, but just 1.7% in 2015, the bureau reports. Nationwide, the total compensation cost increase in 2016 was 2.2%. Nationally, the largest increase in major cities was in Atlanta, where compensation costs rose 3.5%. Miami’s 3.4% gain was second in the nation, followed by Phoenix at 3%, Chicago at 2.9% and Seattle at 2.8%. For wages and salaries alone, the largest single component of compensation costs, Atlanta’s 2016 rise of 4.2% was highest in the nation, followed by 3.7% in Atlanta and 3.6% in Miami. The national average was an increase of 2.3%.
NEW JOBS AT OPA-LOCKA: County commissioners on Tuesday unanimously approved a grant agreement between CCRE Meek LLC and Miami-Dade for a $5 million grant from the economic development fund of Building Better Communities General Obligation Bond program. The Carrie P. Meek International Business Park at Opa-locka Executive Airport is the first project in the economic development program to be approved. Per dictates, it is to create new jobs in Miami-Dade for at least five years. The jobs, which the grantee has re-defined to exclude re-location, will be created by the grantee’s tenant but guaranteed by the grantee.
GATORIZATION: The University of Florida this week was to dedicate UF Coral Gables, which it describes as “a rallying point for engagement in the South Florida community.” The site at 1 Alhambra Plaza will not offer instruction but plans to host events open to the public and provide information on University of Florida programs, research, and for enrollment in the university, both in physical classrooms at Gainesville 341 miles away and online. The university says it has offices in all of Florida’s 67 counties and has more than 20,000 alumni in Miami and 4,000 enrolled students from Miami.
MORE CARE OFFICES: Baptist Health Primary Care expanded in January, adding new offices in Pinecrest and in Doral. The Pinecrest location in part of a new Baptist Health South Florida building at 13101 S Dixie Highway. The Doral location is at 9915 NW 41st St. The focus of Baptist Health Primary Care offices is prevention, diagnosis and treatment of a broad range of diseases. Patients can also renew prescriptions, get test results and use on-site labs for tests.