Miami News Hub
Curated local headlines with AI summaries and a practical FinTechful perspective.
Latest News
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Miami plans $10 million boost for park in Edgewater neighborhood
Miami is proposing a $10 million investment to enhance a park in the Edgewater neighborhood. The funding aims to implement shoreline stabilization, a kayak launch, and various waterfront improvements.
Key deadline is fast approaching for new Opportunity Zone program
A key deadline is approaching for the new Opportunity Zone program, which is expected to attract significant competition for available funding. Tighter restrictions are anticipated to result in fewer deals being made under the program.
Fort Lauderdale officially cancels $160 million movie studio project with Napster
Fort Lauderdale has officially canceled its $160 million movie studio project in partnership with Napster. The decision marks a significant shift in the city's development plans, leaving the future of the project uncertain.
Southern Glazer's pays $12.5M to settle DOJ probe into alleged bribes, fake invoices
Southern Glazer's has agreed to pay $12.5 million to settle a Department of Justice investigation into allegations of bribery and the use of fake invoices. The investigation revealed that one fraudulent event amounted to over $47,000. This settlement addresses serious compliance issues within the company.
County advances plan to relocate another historic Miami home tied to billionaire Ken Griffin
Miami commissioners are set to vote in October on a plan to relocate another historic home associated with billionaire Ken Griffin. The decision is part of ongoing efforts to preserve the city's historical architecture while accommodating development needs.
Miami commits $7 million to improve ‘neglected’ Calle Ocho
Miami has allocated $7 million to enhance the conditions of Calle Ocho, aiming to revitalize the area and attract more visitors and businesses. This initiative targets the improvement of the iconic corridor, which has faced neglect in recent years.