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Latest in Business & Finance

As big banks swallow smaller ones, choices dwindle

For years, an ongoing cycle has been seen of small banks being acquired or merging with other banks. Today, there seems to be a slowdown. “There are very few small community banks left to be acquired,” said…

Highly touted 830 Brickell office tower opening awaited

Highly touted 830 Brickell office tower opening awaited

Companies from around the globe continue to come to Miami as the city’s most highly touted Class A office building, 830 Brickell, prepares to welcome tenants. “We have tenants that…

With Orlando link, Brightline revenues and riders jump

With Orlando link, Brightline revenues and riders jump

Since launching its long-distance services from Miami to Orlando in September, Brightline is reporting strong and accelerating ticket revenue and ridership. For December, ticket revenue was $12.4 million, an increase…

28-story companion tower to River Landing gets a thumb’s-up

28-story companion tower to River Landing gets a thumb’s-up

The next phase of a major mixed-use residential and commercial development on the Miami River is back for city approval. The developer of River Landing Shops and Residences returned to…

Codina turning former Doral offices into a residential site

Codina turning former Doral offices into a residential site

Codina Partners is set to redevelop the final remaining older generation office buildings that were part of the former Koger Center and an expansion next to the existing retail along…

Consumer spending spurs Miami economy

Consumer spending spurs Miami economy

For the past year, consumer spending has had more strength and momentum in South Florida’s economy, and that is expected to continue this year. Even though, the increases in interest…

County floats bonds for Royal Caribbean headquarters

County floats bonds for Royal Caribbean headquarters

Some $455 million in Miami-Dade County Seaport Revenue Bonds that will help fund new county-owned facilities at PortMiami that include a new office campus for Royal Caribbean Cruise Ltd., the…

Southplace City Center replacing sleepy Southland mall

Southplace City Center replacing sleepy Southland mall

Southland mall in Cutler Bay is on track to its $1.5 billion renovation as active leases from stores in the mall are moved in order to continue demolition. In place…

Miami-Dade creates $10-million-a-year film incentives jackpot

Miami-Dade creates $10-million-a-year film incentives jackpot

The Miami-Dade County Commission accepted René García’s stepped-up campaign to lure movies and TV shows to the county, approving a 49-page resolution Tuesday calling for annual incentives of up to…

BNP Paribas, Europe’s largest bank, returns to Miami

BNP Paribas, Europe’s largest bank, returns to Miami

Europe’s largest bank, BNP Paribas, returns to Miami this week after a two-decade absence. French banks BNP and Paribas merged in 2000. Both had offices in Miami before the merger…

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