1. Miami is off to the races
Formula 1 is coming to Miami and will be here for the next decade. The announcement came over the weekend, with city of Miami Mayor Francis Suarez responding “BOOM” to Formula 1’s announcement on Twitter. The race will be the first in the state since F1’s first race in the United States in 1959.
2. What’s next for one of the nation’s preeminent banking hubs?
Though induced by the ongoing health crisis, the pandemic-led economic recession quickly generated flashbacks of the Great Recession, where the banking sector bore the brunt of the blame and spent the decade prior to the coronavirus restoring and improving consumer confidence. This time around, instead of pointing fingers at the industry, consumers have leaned on banking professionals to weather the sudden financial setbacks created by COVID-19.
3. Capital Analytics expands portfolio with Invest: Nashville
The Invest: series of annual reports has received phenomenal responses from major markets along the East Coast. Invest: Nashville, covering the Nashville region, is media platform Capital Analytics’ newest addition to the media and publishing company’s repertoire of economic reports.
4. Palm Beach job market stabilizes as wave of finance firms bet on area
As the first quarter of 2021 comes to a close, Palm Beach County’s recovery looks promising, fueled by low unemployment rates and by a continuous wave of banking and finance companies flocking to the market.
5. Triangle office market expected to rebound this year
Is the office market in the Triangle primed for a comeback? Experts active in the Raleigh-Durham commercial market believe the answer is “yes.” They say the office market will not only come back, but do so with a vengeance.
6. Will Underground Atlanta’s rocky road to redevelopment have a happy ending?
A relative newcomer to Atlanta’s Downtown development scene is ready to take on the challenging third reincarnation of Underground Atlanta, a mostly abandoned mall. To turn the property into a wondrous residential, retail and entertainment district, Shaneel Lalani, CEO of Billionaires Funding Group, has brought out the big guns: Smith Dalia Architects, Moody Nolan, Tvsdesign, Kimley-Horn, Goode Van Slyke Architecture and more.