Wave of financial firms moving to Miami Beach

Miami Beach has about $4 billion in development projects citywide, according to Steven Anthony, the city’s economic development director, as officials work to attract businesses beyond the city’s traditional tourism and hospitality industries. The projects include hospitality, residential, commercial and mixed-use development, Mr. Anthony said. He said Miami Beach is seeing strong interest from restaurants, family offices, hedge funds and venture capital firms looking to establish or expand their presence in the city. “There’s just a ton of interest in Miami Beach at this point,” Mr. Anthony said. The city is particularly focused on attracting financial services, technology, healthcare, health and wellness and creative industry businesses as part of its efforts to diversify the local economy. Mr.

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