Miami and Miami Beach, once a refuge for retirees and those looking for fun and sun is on the rise as a great economic powerhouse, according to a new report from Florida International University and the Creative Class Group, “Miami’s Great Inflection: Toward Shared Prosperity as a Creative and Inclusive Global City.”
For the report, a first step in a multi-year study, researchers examined Miami’s economic progress and studied the divides and challenges it faces. “Miami has a window of opportunity to capitalize on its economic strengths, explained Richard Florida, Director of the Martin Prosperity Institute at the University of Toronto and Visiting Fellow of the FIU-Miami Creative City Initiative.
“Greater Miami’s best days are ahead of it. It has amazing quality of place, green spaces, walkability, great weather, beautiful beaches and parks. It has a world-class airport with international connectivity and has a port for major waterways. These attributes are making it a place that is attractive to a large number of entrepreneurs and the Creative Class,” stated Richard Florida.