South Florida's economy shows staying power despite slower pace, trade and immigration chaos
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South Florida's economy shows staying power despite slower pace, trade and immigration chaos
"If $10 million votes of confidence are the future currency of South Florida's economic development, then some parts of Broward, Miami-Dade and Palm Beach counties might well become the Silicon Valley replica that some planners and developers envision. Early last week, regional billionaires Steven Ross of the Related Ross development firm and Ken Griffin of the Citadel investment firm committed that amount to help accelerate the migration of relocation-minded businesses to the region."
""Our members are the leaders building and scaling companies across Florida today, which gives us credibility to help others understand the opportunity that exists here," Michael Simas, the council president and CEO, said in a prepared statement. "Rather than a traditional program or application process, this effort is about direct engagement and informed conversations. We help decision-makers see how Florida's Gold Coast fits into their growth strategy, connect them with the right people, and understand what it would take to build here.""
Steven Ross and Ken Griffin committed $10 million through the Florida Council of 100 to attract relocation-minded businesses to South Florida's Gold Coast under the initiative "Ambition Accelerated." The initiative focuses on direct engagement and informed conversations to connect decision-makers with people, resources and an understanding of what it would take to build on the Gold Coast. Local promoters expect a tempered regional economy this year after a multi-year surge of pandemic-driven migration. Observers forecast slower but solid growth because the region offers an environment desirable for living and doing business.
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