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Miami is a city on the rise, says new 2016 latest report and why

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.

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