FYI Miami: November 18, 2021
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.
TOURISM TOPS 2019: US travelers to Florida during the year’s third quarter easily exceeded numbers from the same period in 2020 as Covid-19 vaccinations were widely available and cruise ships were back on the seas. The estimated 32.517 million tourists between July 1 and Sept. 30 also bested by 0.3% the number in the third quarter of pre-pandemic 2019. Visit Florida recorded an estimated 91.484 million visitors in the first nine months of 2021, up from 60.213 million in the first nine months of 2020, which included the massive global closures due to the pandemic. The vast majority of this year’s tourists, 88.44 million, have come from other parts of the US. The state recorded 1.226 million overseas visitors in the third quarter, up from 1.115 million in the second quarter and 567,000 in the first quarter. Canadians accounted for 85,000 third-quarter visitors, up from 15,000 in the second quarter and 34,000 in the first quarter.
LATIN AMERICAN MARKET: County commissioners are looking towards Latin American economies to redirect the US business supply chains from China. A resolution from Joe A. Martinez presented at Tuesday’s commission meeting urges President Joe Biden and Secretary of State Antony J. Blinken to adopt a “friend-shoring” policy targeted at redirecting the supply change to those countries. The document says that according to the president of the Inter-American Development Bank, Latin American economies could make an extra $70 million a year if the US managed to replace 10% of China’s exports to the US. In a Tuesday virtual meeting, President Biden and Chinese President Xi Jinping discussed, among other things, the economic competition and Mr. Biden stressed the importance of not letting it shift toward conflict.
IVES ESTATE ANNEXATION: The City of Miami Gardens is about to add to its boundaries a portion of the Ives Estate area. An ordinance by Oliver G. Gilbert III presented at the Chairman’s Council of Policy meeting is one step from final adoption and completion of annexation. The industrial area is bounded on the north by 183rd Street, on the south and east by the I-95, and on the west by Miami Gardens city limits. “We’re going to provide enhanced police protection as well as dedicated code compliance and permitting and needed capital improvements,” said Chad Friedman at a committee meeting last week on behalf of the City of Miami Gardens. Commissioner Gilbert said the annexation concludes an effort dating to 2003. “This is something that actually completes the city,” he said. Among benefits listed by Chief Financial Officer Edward Marquez in a memo accompanying the ordinance is that business owners in the area would have easier access to governmental services.