Issue link: https://www.balharbourdigital.com/i/1347386
with many developments of 2020, it all began with a tweet. On December 4th of last year, Delian Asparouhov, a principal at venture capital firm ounders und, posted, us hear me out, what if we move Silicon Valley to Miami?" t is not eactl clear what the us thought of Asparouhov's proposal, but one response has een dued he weet eard ound the witterversethat of rancis uare, the -ear-old maor of Miami, who replied simpl ow can help n the das and wees since, uare, a registered Republican serving in a nonpartisan post and the son of former Miami Maor avier uare, has ecome a social media sensation, especiall in financial circles. mid-anuar, his tweet had enerated . million impressions and a million visits to uares profile, a numer of them hih- tech entrepreneurs and venture capitalists intrigued by the possibility of relocating to outh lorida. ne miht sa that Miami has regained its shine for movers and shakers. or at least the past decade, Miami business leaders have been touting the city as a potential global technology hub, but potential suitors were sh. hen, in ctoer, came the news that Blackstone, a major private euit firm, would e leasin , suare feet of prime office space to create a reional, technolo-focused headuarters. he operation would rin an ecess of tech-centered jos pain , or more annuall and pump as much as million into local commercial real-estate coffers. t was all music to uares ears. his shows we do have the talent to compete," he said, going on to cite the appeal of the weather, low taxes, high quality of life and pulic safet. As maor m proud to help create a city that attracts a move of this kind, a move that brings high paying jobs." he echane of tweets etween Asparouhov and uare, however, iced activity to a completely new level. Weeks thereafter, ipe echnoloies, a os Aneles- ased compan providin financial services for technology vendors, announced the move of its operations to outh lorida and hutterstoc founder on riner revealed plans to establish Pareto Holdings, an oraniation devoted to new technolo- ased startups in Miami. late anuar, As SoftBank Group CEO Marcelo Claure, himself a Miami resident, said that his firm would reallocate million in eistin funds to provide start-up capital for Miami-ased tech companies. All of this resulted in a splashy New York imes spread on anuar th headlined, oin s in Miami ove, Masters of the niverse, toutin the relocation of aals eith aois, as well as tech investor and prominent conservative eter hiel and online media mogul Bryan Goldberg, among others. f it is an open uestion how man mid- level techsters actually make the move to Miami, it seems the -percenters have already made up their minds. And this migration is hardly limited to tech royalty: other new transplants include supermodel Cindy Crawford and longtime businessman hu ande Gerer , s. ft., Miami each, . million, superstar ennifer ope and sluer Ale odriue , s. ft., tar sland, . million and ampa a uccaneers om rad and supermodel Gisele undchen decampin from a ampa mansion owned all-of-amer ere eter for an ndian ree tear-down snapped up for million. rad and undchen may soon be exchanging architectural tips with new neihors vana rump and ared ushner, who reportedl dropped . million for a vacant lot in ndian ree. here hasnt een such an inu of oin each tpes to Miami since the tallone-Madonna- ersace heda of the s. he rapidl shiftin industr landscape promises undreamed of opportunities for local techies and recent rads. s President, Mark Rosenberg, believes that uares aims are more than wishful thinin see it as somethin real that we must find a way to leverage and turn into better jobs, Ocean Reef, a private club in Key Largo, is attracting newcomers (and longtime visitors) with its private airport and golf club. 170 BAL HARBOUR

