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This approach has resulted in notable development projects and influxes of businesses, including high-profile names like FC Barcelona relocating their headquarters to Miami. These developments signify not just economic growth but also a commitment to innovation that has captured the attention of the private sector.
Balancing Growth with Regulation
The rapid development of Miami does pose challenges, particularly regarding housing affordability and infrastructure. Suarez acknowledges the inflationary pressures on housing but argues that proactive management of public assets can help mitigate these issues. By leveraging public funds creatively, the city aims to stimulate housing development without significantly increasing costs.