Quote:
Originally Posted by brickell
Q, I agree with you that Miami has changed immensely over the last decade, much of it for the better. But your formula for growth does not follow. But, you're not providing any proof that B (diverse economy) follows A (skyline growth).
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I understand, but we didn't just see skyline growth here in Miami. We saw the largest building boom in the history of this city and one of the largest buildilng booms in the history of this country and this planet. I know this more than many other forumers here and elsewhere because I've been observing "booms" in other cities since I was a teenager, which was a long time ago. It was too much, too fast and fueled by a lot of speculative greed, but we are recovering okay and went from having an almost negligible skyline at the end of the 20th century to what some statisticians are now calling the third largest skyline in the country at the beginning of the 21st century even though Houston currently as buildings that are taller as do many other American cities. That's absolutely phenomenal!
Astronomer's use the term magnitude to gauge the brightness of a star, and here in Miami, we had something like a supernova, and it brought unprecedented attention to this city and unprecedented interest in this city, so much so that we already have another "boom" starting up in this decade with projects like Brickell Citicenter, Banco Santander, and I know BFC 2 is still "Go," but being redesigned because I just spoke to the developers a few days ago. This is what I mean by inertia created by the magnitude of the boom just like new stars are formed by the blast of a supernova as it travels through space and strikes clouds of far away star dust.
With a "normal" boom which is what we had here in the 80s (well, sort of), of course "B" wouldn't follow "A," but this was by no means a "normal" boom, and I did say that as I have many times before and this is what I believe will make the difference this time. I think the new unprecedented interest in Miami created by an unprecedented building boom is what is going to lead to a more diverse economy because it was just that huge. It's simply the fallout from the incredible explosion that caused people to look this way. I can name at least three people in the Miami forum on another website who actually moved here because of the boom. I'm sure a lot of younger members of this forum and others don't understand where I'm coming from because they simply don't have a feel for a what a "normal" rate of development is in the way I do having observed this phenomenon for as long as I have as I've already said.
There is no formula for what could happen next! Almost anything could happen here now, and this isn't just blind boosterism at its finest though I appreciate the compliment. I'm not blind to what pj3000 is saying. I just don't think it applies anymore. And we when have people who bash this city on almost a daily basis under the guise of an honest opinion, Miami needs somebody like me. Yes, it is necessary.
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Miami firm to design luxury resort.
The developer of the 13.9-acre plot of land the Miami Herald occupies tapped one of Miami’s own firms to design its Resorts World Miami.
BY ELAINE WALKER, DOUGLAS HANKS AND HANNAH SAMPSON
[email protected]
After considering architects from around the world, Genting Malaysia Berhad decided to choose one of Miami’s own to design the $3 billion mixed-use project Resorts World Miami.
Genting Group Chairman and Chief Executive KT Lim announced the hiring of internationally known Arquitectonica to create the master plan during a Thursday evening reception for more than 200 business and civic leaders at Miami’s Adrienne Arsht Center for the Performing Arts.
The event is part of a broader effort by Malaysia-based Genting, Asia’s third largest casino company, to quickly assimilate into the local community just three weeks after paying $236 million for the 13.9 acres of waterfront land occupied by The Miami Herald and previously owned by its parent, McClatchy Co.
“I believe Miami is destined to become one of the greatest global cities in the world,” Lim said Thursday evening.
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When we have powerful developers saying things like this these days
, I just don't see the Miami economy not becoming more diverse. PJ3000 might not think Miami is a major city, but apparently a lot of big people do or think it soon will be.
