Sophisticated professionals flood into Miami with hedge funds
Miami’s Downtown Development Authority and other business entities have made a concerted effort to woo hedge funds and other financial services firms to the area, and the effort is paying…
Federal Reserve interest rate slash a new banking hurdle
In addition to the day-to-day obstacles of running a financial service business in a competitive, regulated environment, Miami’s bankers now have the challenge of the Federal Reserve Bank’s surprise move…
Omni mixed-use project to have 42 micro dwellings
A developer is planning a mixed-use residential project for the Omni neighborhood that would include more than 40 micro dwelling units. Wynwood Haus LLC plans to build a 20-story building…
Italy’s Florida business tied to the environment
Trade between Florida and Italy rose by 5.4% in 2019, bolstered by a rise in technological, mechanical and culinary industries doing business in the Sunshine State. Within those sectors and…
Challenge to Melreese lease enters appeals court
An advocate for green space continues to battle the legality of a referendum that cleared the way for the City of Miami to waive bidding for the development of the…
Embattled Miami-Dade Expressway Authority bond ratings fall
The battle for control of five tolled Miami-Dade expressways has so impeded their future operations that a major national bond-rating agency last week downgraded $1.3 billion in expressway bonds and…
Indoor salmon farming pioneer seeks grant to add jobs
Still on schedule to finish by July the first of three stages for building its sprawling Redland facility, indoor fish farming company Atlantic Sapphire wants $5 million in public funds…
Workaround funds three transit-oriented developments
Three transit-oriented developments will receive millions in tax subsidies from a program into which none enrolled, by way of a new workaround that local lawmakers approved to advance affordable housing…
Regatta Harbour advances in historic aviation site
The famous waterfront in Coconut Grove seems to be ever fluid, with small to substantial changes a near constant reality. The dawn of this new year is no different, bringing…
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