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Exciting Times Ahead: South Miami-Dade’s Economic Boom Unveiled at EDC Annual Meeting

Updated: Jul 2, 2024


Amazon’s New Facility and $1 Billion Mall

Redevelopment Fueling Growth




South Miami-Dade is on the cusp of an economic renaissance, and the buzz was palpable at the recent annual meeting of the Economic Development Council of South Miami-Dade (EDC). This vibrant gathering of community leaders, business owners, and government officials spotlighted a series of transformative projects set to enhance the quality of life for everyone in the region.

One of the evening's showstoppers was the $1.5 billion redevelopment of the 80-acre Southland Mall. This colossal project aims to transform the mall into the beating heart of South Miami-Dade, with a mix of residential and retail spaces that promise to redefine local living. Plus, it will be a key hub in the new busway transit system, making it easier than ever to navigate the area.

Tim Meerbott, Mayor of Cutler Bay, passionately spoke about the project’s impact. "In these dynamic times, our focus on sustainable and inclusive development is essential. This project is more than just construction; it's about creating community hubs that enhance living standards for all our residents," he said, capturing the essence of the ambitious redevelopment.

But that’s not all! Exciting news for Florida's space industry! The Florida Legislature has passed Senate Bill 968, expanding the state’s spaceport territory to include Homestead Air Reserve Base and Tyndall Air Force Base. This legislation boosts @officialspaceflorida's ability to attract new aerospace companies and drive economic growth.


With $2.14 billion in private investment already secured and a 41% increase in aerospace employment over the past decade, Florida is poised to remain a global leader in the space-earth economy.

Peter England, the EDC's Chief Strategy Officer, highlighted the importance of such developments in light of rising living costs. "The cost of living in this county has soared. Providing well-paying jobs through projects like these is critical for enabling residents to afford to stay in our community," he stressed.

And let’s not forget the upcoming Amazon facility, which was another highlight of the evening. Set to open later this year, this massive facility is expected to become one of the largest employers in the region, offering a plethora of job opportunities and further fueling South Miami-Dade’s economic engine

 
 
 

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