Francis Suarez has hitched his career to Miami’s success. But urban challenges such as housing, education and labour supply will be hard to overcome
Save time by listening to our audio articles as you multitaskWith the highest share of foreign-born residents of any metro area , Miami is a vibrant city with a strong Latino influence. Its diversity is on display in the political leadership. Miami-Dade County is led by Daniella Levine Cava, a New York-born Democrat with Jewish heritage, and Miami city has Mr Suarez, a Republican whose father served as the first Cuban-born mayor.
The city of nearly 500,000 has plenty of boosters. “The magic of this place is that people are happy,” says Keith Rabois, a venture capitalist who decamped from the Bay Area. “If you’re here right now, you’re actually shaping what this city is going to be versus joining an institution of what it already is,” adds Jeff Zalensky, a restaurateur who moved his firm’s headquarters from New York during the pandemic.
Yet the city has challenges. “No matter what people say about Miami, it’s mostly filled with people bringing resources from other areas and is still a difficult place to build a career,” says Richard Florida, author of “The Rise of the Creative Class”. He points out that by share of knowledge workers the Miami metro area ranks 50th out of 53 large metros with over a million people and 42nd for the share of adults with a bachelor’s degree or higher.
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