The New Miami

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The New Miami is here! Miami, known as the American Riviera is attracting the wealthy from every part of the world.

According to the Knight-Frank survey of cities that are most important to high-net-worth individuals, Miami ranks sixth in the world, compared to a seventh place ranking in 2014. In the western hemisphere, only New York ranks higher.

Miami is also now ‘firmly on the radar’ of wealthy investors from mainland China.
Here are some of the cities ranked in the survey for 2015:

  1. London
  2. New York
  3. Hong Kong
  4. Singapore
  5. Shanghai
  6. Miami

Did you know that more private jets fly between Miami and New York than any other route in the country?

According to another study by Knight-Frank 2015 wealth report shows Miami to New York being the busiest route for private jet traffic in the country!

The study, which cites data from NetJets and other sources, lists the route as the second busiest in the world in 2013. Only Moscow to Nice was higher, although that route has likely seen a drop in traffic this year due to the Russian economic crisis.

Studies have also shown that there are more passengers on commercial flights between the Miami and New York metropolitan areas than any other route in the country.
Private top ten routes include:

  1. Moscow to Nice
  2. Miami to New York
  3. New York to Los Angeles
  4. London to New York

Last but not least Downtown Miami’s transformation has caught the attention of USA Today!

The article notes how Downtown Miami has gone from boom to bust to boom again, with the population more than doubling in recent years. Local historian Paul George is quoted as saying that Downtown Miami is in the middle of a ‘complete turnaround,’ and that we are witnessing a ‘monster transformation.’

The report also notes that the number of downtown restaurants has doubled, along with new museums, hotels, retail centers and other projects that have recently opened or are under construction.

If you want to know more about Miami and our wonderful areas, contact me, I’ve lived in Miami all my life, who better to guide you 305-951-3588.

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