The Fort Lauderdale International Boat Show must go on

The Fort Lauderdale International Boat Show must go on

By: Beatrice Silva

2 min read September 2020  — The Fort Lauderdale International Boat Show (FLIBS) must go on despite challenges surrounding COVID-19. For decades, the Marine Industries Association of South Florida has hosted the annual event, which showcases boat innovations and trends while steadily generating millions of dollars for the region. 

In 2019, the show produced $1.3 billion, which was an $800-million increase since 2015, according to an Intelligence Report by SuperYacht Times. “The importance of FLIBS to the local and statewide economy cannot be overstated. Not only does the show have a bigger economic impact than any Super Bowl, FLIBS sustains the $12-billion South Florida marine industry and its 142,000 jobs for the remaining 360 days of the year, solidifying the region’s reputation as, not just the yachting capital of the world, but the refit and repair capital of the world, as well,” Phil Purcell, CEO and President of the Marine Industries Association of South Florida told the Boating Industry

It comes as no surprise that this year’s event will be vastly different than anything from the previous years. It has been reported by WLRN that the Fort Lauderdale International Boat Show will duplicate some of its safety guidelines from Walt Disney World. The five-day event, taking place on Oct. 28 – Nov. 1, will welcome around 100,000 visitors. It is expected that wearing face masks and practicing social distancing will be enforced. However, additional safety guidelines, such an increased number of entrances, temperature screening, site reservations and modified boat experiences, might also be implemented. A public event of this size will be one of the first for South Florida since the pandemic. Its success is crucial to the current fragile tourism industry. 

“I am extremely pleased that the County Commission gave clear direction today that the Fort Lauderdale International Boat Show can take place as planned next month. It is vital that we get our economy back on track. The upcoming Boat Show is critical to accomplishing that because the show has a major positive economic impact on Fort Lauderdale by supporting local businesses and their employees. Public health will be protected. Fort Lauderdale has been a leader in addressing the COVID-19 pandemic, and we have worked with the Boat Show to put together a solid plan to ensure it will be held with the utmost safety,”Dean Trantalis, Mayor of Fort Lauderdale, told CBS Miami

Some of the event’s main attractions include gazing at the incredible array of boats and marine accessories, ranging from super-yachts to runabouts. Visitors of all ages can also learn or sharpen their sea skills by taking courses like “Take the Helm,” sponsored by Carefree Boat Club, or “Kids Fishing Clinics,” hosted by Hook The Future.  

Tourism is Fort Lauderdale’s second-largest industry, accounting for more than 114,000 jobs. As Broward County begins to transition into its phase two of recovery, every responsible regulated public event held will be a small victory toward normalcy. Discovering new ways to safely entertain tourists is going to be the key to South Florida’s economic success. 

 

For more information, visit: 

2020 Fort Lauderdale International Boat Show

 

The Post-Pandemic City

The Post-Pandemic City

By: Abby Melone, President & CEO, Capital Analytics

It’s a truism in today’s hyper-connected world that people go where the jobs are, more so now than ever before. But what happens when your job suddenly can be done from anywhere?

 

The 19th century ushered in the first and second Industrial Revolutions that saw more and more people move to urban environments, precisely because that’s where the jobs were. In the United States, the rise of manufacturing opened a new world of employment possibilities, pushing people from the farm to the factory. It’s a push that in one way or another continued into the 20th and 21st centuries. The result is seen today in the population densities that cram big cities from coast to coast, border to border.

According to the United Nations’ World Urbanization Prospects report and the website Our World in Data, the world crossed over in 2007. That’s the fist year the number of people living in urban areas rose above the number living in rural areas (3.35 billion versus 3.33 billion). In the United States, around 82.3% of the population lives in urban areas, according to the World Bank. Growth trajectories project a steady increase in urbanization as far out as 2050. 

Today, the millennial generation is changing the character of urbanization by spearheading the live-work-play ethos. This generation prefers to skirt the traffic jams and live and play near where they work. The goal to have it all close by has given rise to the mixed-use building concept that puts everything – your living options, your entertainment choices and your shopping – all in one convenient location, which preferably, is near your workplace. 

It also means we are all living closer to each other in smaller and smaller spaces. That seemed to suit a lot of people just fine. Then the COVID-19 pandemic happened, and all of sudden, none of that seemed fine at all.

The pandemic resulted in shelter-in-place orders that forced people to live 24 hours a day in their homes while also working from their home offices, if they had one, or their kitchen tables if they didn’t. The very idea of needing to go somewhere else to do your job turned out to be not so much of a necessity after all. In just a few months, priorities appear to have shifted. Now, many of us seem to crave space, the great outdoors, and we seem to be split 50-50 on whether we want to continue working from home, wherever we choose that to be, or prefer an official office setting, mostly for the socializing.

There is little doubt that the world has changed as a result of the pandemic. Most experts are puzzling on whether that change will last and just what our cities will look like as a result. The fact is, though, that change was already in play before COVID-19 hit.

My company focuses on nine major U.S. markets like Orlando, Miami, Atlanta and Philadelphia. We talk to industry and political leaders to understand the issues their communities face to gauge the direction in which they are moving. Today, everyone is talking about the pandemic’s impact on the retail sector, for example. Yet, e-commerce was already a thing before COVID-19. In 2019, a record 9,800 stores were shuttered, according to a Bloomberg report, with 25,000 closures expected in 2020 due to the coronavirus impact, the report said, citing Coresight Research. Yes, that’s a devastating impact, but the pandemic really has only accelerated the pace of implementation. It pushed more people online immediately, but those people were likely headed there anyway.

Many of the leaders we have spoken with during the pandemic agree that retail and commercial real estate was already undergoing a slowdown as industrial space to accommodate last-mile delivery for the Amazons of the world was booming. Many expect this trend will continue.

More importantly, what the pandemic has done has caused a rethink of priorities among individuals and it is this impact that will likely shape the post-pandemic city. Living in lockdown awakened people to the “smallness” of their space, forced on them by a combination of convenience and higher and higher housing prices in big cities. The median listing price for a home in Miami-Dade, for example, was $465,050 in May compared to the average U.S. listing price of $329,950, according to the Federal Reserve Bank of St. Louis. Interestingly, population growth in Miami-Dade was already slowing as more people moved out, with escalating living costs among the factors. With the pandemic highlighting the risks of living so close together, will more people decide that farther away is not only cheaper, but safer?

Big city living will change in the post-pandemic world as social distancing forces “people places” like gyms and restaurants to accommodate lingering fears from the virus. Tens of thousands of small businesses have already closed down for good, clearly altering the very unique characteristics of cities that attracted people in the first place.

The biggest impact, however, will be on how – and where – jobs are done. Remote working is hear to stay in some form or another. Like the industrial revolutions of the 18th and 19th centuries, people will always go where the jobs are. For many, those jobs will now be done from home, which means that home can be virtually anywhere. It creates choice like never before, and this will dramatically alter the character, although not likely the course, of urbanization. That’s an important difference. 

Big cities have seen the ebbs and flows of population growth before and will likely see them again. Through it all, they have more often thrived than not. The post-pandemic city may look and feel a bit different – the way condo units are built, for example, may change to accommodate working from home, while adding elements like air filters to battle any future virus outbreak – and there may even be a greater push to the suburbs in the short term. Overall, however, continued urbanization likely will remain on the cards. If we’re lucky, there may just be a little more distance between all of us.

 

How to shake the COVID-19 blues in South Florida

How to shake the COVID-19 blues in South Florida

By: Felipe Rivas

2 min read May 2020For the better half of a year, the majority of news across platforms, watercooler talk and virtual meeting conversations has revolved around the coronavirus pandemic, its impact on the local and global economy, and what the “new normal” may look like. As a result, many South Floridians, like their counterparts elsewhere, are likely suffering COVID-19 fatigue. As South Florida begins its reopening process, here are a few positives from the tri-county area to think about heading into the Memorial Day weekend. 

 

Miami-Dade County

Fun in the virtual sun: The city of Miami Beach wants to bring the tropical vibes to travelers’ living rooms as they plan future vacations and travel. The new social campaign, “From Miami Beach, With Love,” created by the Miami Beach Visitor and Convention Authority, is designed to deliver the city’s experiences to audiences from the comfort and safety of their own homes. Travel lovers can enter to win different Miami Beach experiences as they contemplate their next South Florida visit. The campaign also features specials and discounts to promote local small businesses in the area. Visit @ExperienceMiamiBeach on Facebook, Instagram and @EMiamiBeach on Twitter for a chance to win and support local Miami Beach businesses. 

Shopping!: For those wanting to help stimulate the local economy or take a stroll through one of the most prestigious fashion centers in the region, the Bal Harbour Shops is open for business. Following all CDC guidelines, Bal Harbour Shops will implement increased safety precautions to protect customers, retailers and employees, according to its management team. In keeping with Miami-Dade County and Bal Harbour Village ordinances, retail stores and indoor restaurant seating occupancy will be limited to 50% and salons will limit occupancy to 25%. Bal Harbour Shops will be open Monday–Saturday from 11:00am–10:00pm and Sunday, 12:00pm-6:00pm, though individual store hours may vary.

Broward County

Largest mall in the county welcomes visitors: Sawgrass Mills, the largest mall in Broward County, is officially open for business. The mall will offer masks, and signage has been placed to account for social distancing. Mall hours will be altered to 11 a.m. to 7 p.m. on Monday through Saturday and 12 p.m. to 6 p.m. on Sunday until further notice. Simon, which operates Sawgrass Mills, also announced the reopening of other malls such as Coral Square, Dadeland, The Falls, Miami International and the Florida Keys Outlet Marketplace. 

Palm Beach County

As Palm Beach County begins the reopening of its economy, it has its eye set on providing extra help to those small businesses hardest hit by the COVID-19 pandemic. This week, the Palm Beach County Board of County Commissioners approved the CARES Restart Business Grants Program to accelerate the reopening of businesses hardest hit by the outbreak. The $60-million Business Restart Program uses a portion of the county’s $261-million allocation from the Federal CARES Act approved by Congress. The BCC has dedicated $50 million toward businesses with 25 or fewer employees and $10 million toward businesses with greater than 25 employees. The online application is expected to launch on Friday, May 22, and will be processed on a first come, first eligible basis, according to the county.

To learn more, visit:

https://www.miamibeachvca.com/

https://www.balharbourshops.com/

https://www.simon.com/mall/sawgrass-mills

http://discover.pbcgov.org/hes/Pages/default.aspx