Building Capacity

How Miami-Dade’s public and private sectors are addressing the strain of rapid growth on the county’s underlying infrastructure

Jose R. Mas CEO – MasTec

How is Miami’s development boom affecting the county’s infrastructure?

We are growing up as a city and to sustain this, we need to think about infrastructure. One issue that is not a priority, but should be, is our water and sewer systems. Our physical plant hasn’t been updated in decades and it is decaying fast. This is a hard political issue because we would have to spend money on it. We are also seeing limitations in terms of electricity. We don’t have the land to create big power-generation plants to support the pace of development. One option is to expand the existing power plants across the state, but this would mean putting in power lines, which is difficult because of environmental issues. Florida Power and Light (FPL) is trying to build a new transmission line from Turkey Point all the way to Downtown Miami and they are facing some community opposition. No one wants to see those big power lines on their street, but we have to find the right balance between aesthetics and meeting our growing needs. If something doesn’t happen soon, construction will have to slow down because electric utilities will not be able to meet the demands of those buildings. In terms of a viable renewable resource, there has been discussion about putting wind turbines in the Gulf Stream to generate hydroelectricity. Solar is another promising frontier for us.

How will the use of public-private partnerships (PPPs) address South Florida’s infrastructure needs?

PPPs are more efficient than wholly public sector-managed projects because private companies are more efficient when it comes to deploying capital. The major challenge comes about when public amenities turn into business ventures. Right now, we pay very low rates for water. But if Miami-Dade Water and Sewer Department (WASD) becomes a public-private venture, rates may go up. WASD is a significant monetary contributor for the county. What will happen if we take that source of income away from the county’s general budget? While there is a tradeo, we need to invest in our infrastructure for our long-term needs.

MasTec is also active in building telecommunications infrastructure. How will this evolve in Miami-Dade?

Technology is a big driver for our future, and we are going to see a massive expansion of gigabyte speed internet. Although we have a great telecommunications infrastructure, most of the facilities in Miami are still copper-based and it would take rebuilding the infrastructure to increase of the amount of fiber that is needed to give consumers higher speeds and much higher bandwidths.

 

EMERGE AMERICAS 2016

EMERGE AMERICAS 2016

When: April 15-19, 2016
Where: Miami Beach Convention Center

 

With a clear mission of establishing Miami as the tech hub of the Americas, eMerge Americas has made its mark on the technology scene in a short amount of time. Once the idea was conceived, the Technology Foundation of the Americas was created to help advance the tech ecosystem.

Now in its third year, Miami’s homegrown tech conference is building momentum, attracting a global audience, and connecting investors with innovators.

CAPITAL ANALYTICS OFFICIALLY LAUNCHES INVEST: MIAMI 2016

CAPITAL ANALYTICS OFFICIALLY LAUNCHES INVEST: MIAMI 2016

Technology and Innovation Take Center Stage at Invest: Miami 2016 Kick-Off
When: April 14, 2016
Where: InterContinental Hotel Miami

 

Our VIP luncheon officially launches this year’s edition of Invest: Miami’s annual publication. While Miami’s real estate, tourism and financial industries have propelled the market to international prominence, some of the newest and largest investments underway can be found in the city’s emerging technology sector. This emphasis on innovation was the focal point of Invest: Miami 2016, a publication exploring the most salient issues facing Miami-Dade County. The second-annual publication by Capital Analytics Associates is a 200-page economic analysis that highlights business opportunities for investors, entrepreneurs and innovators alike looking to South Florida.

The region’s top business and civic leaders had first access to the Invest: Miami 2016 publication during a sold-out VIP luncheon on Thursday, April 14, 2016 at the InterContinental Miami.  Miami-Dade County Public Schools’ superintendent Alberto Carvalho, a proponent of technology in the classroom as a means to boost student achievement, served as the event’s keynote speaker.

Check out photos from the event and watch the event recap below!

This year’s four-member panel of leading business experts included Steven Altschuler, CEO of UHealth; Eugene W. Anderson, Dean of the University of Miami School of Business Administration; Brian Bracken, CEO of Kairos; and Jaret Davis, Miami Co-Managing Shareholder of Greenberg Traurig. The panel explored the ways in which technology is driving investment in the South Florida market and evolving tech trends across sectors.

“Our first publication served as an introduction to Miami, both in terms of growth and economic diversification,” said Abby Melone, executive director of Invest: Miami. “Its overwhelmingly positive reception ensured we would follow up the inaugural launch with an even deeper look at how market newcomers and veterans can take advantage of the region’s investment opportunities.”

Over the course of a six-month research period, the Invest: Miami team met with over 200 top senior-level executives in Miami-Dade County in intimate, one-on-one discussions. These executives came from a broad spectrum and the perspectives collected from these exclusive discussions became the basis of the contents of the 2016 issue.

For more information about the event, please write to contact@capitalaa.com.

ANGELSUMMIT AMERICAS 2016

ANGELSUMMIT AMERICAS 2016

When: April 14-15, 2016
Where: InterContinental Hotel Miami

 

Capital Analytics is excited to announce that the Startup Angels team will bring AngelSummit Americas to Miami. This is the first-ever summit dedicated to startup investing across North, Central and South America.

Join 300+ startup influencers, investors, industry and community leaders to share best practices and learn from others about angel investing in Miami, the US, and across the hemisphere.

Speakers include Dave McClure of 500 Startups; Marc Nager of Techstars; Alex Mittal of FundersClub, John McIntire of Cuba Emprende.

Highlights of AngelSummit Americas:
• Experience the debut of the Lean Angel Workshops. Developed under the guidance of Brad Feld and other startup investing leaders, the workshop will provide new investors an introduction to the business of investing in technology startups.
• Attend eMerge Americas. All AngelSummit participants have a complimentary ticket to eMerge, the largest business conference in Florida attracting thousands of participants from the US and Latin America.

Register today!
Enter discount code: CAPITALAA and receive $50 off the ticket price

Don’t miss out on this incredible opportunity!

INTERNATIONAL BUSINESS LEADERSHIP SUMMIT AND AWARDS

INTERNATIONAL BUSINESS LEADERSHIP SUMMIT AND AWARDS

When: March 23, 2016
Where: The Rusty Pelican

 

The half-day business conference focuses on the opportunities and challenges faced by local companies when doing business abroad and panel discussion on major international business topics.

The conference will provide opportunities for businesses to meet and network with the movers and shakers of the international business community in South Florida. The awards recognize businesses engaged in international activities that significantly impact the economy of the state of Florida.

The conference culminates with a luncheon featuring a keynote speaker, a summary of panels conducted throughout the morning and presentation of the ninth annual International Business Leadership Awards.

2016 MIAMI OPEN PRESENTED BY ITAU

2016 MIAMI OPEN PRESENTED BY ITAU

When: March 23 – April 3, 2016
Where: Tennis Center at Crandon Park

 

The Miami Open, the most glamorous event on both the men’s and women’s tours, will once again be bringing the brightest stars in tennis to the Crandon Park Tennis Center for a two-week sports and entertainment spectacle that has become the place to be in Miami each spring. The event received its 2016 official acceptance lists from the ATP and WTA tours and, once again, the line-up is unrivaled among tour events.

KEY CEREMONY

KEY CEREMONY

When: March 9, 2016
Where: Conrad Hotel Miami

 

An annual presentation of ceremonial key by Mayor Carlos Gimenez and other public officials to recently relocated or expanding companies in Miami-Dade.

FIBA ANTI MONEY LAUNDERING CONFERENCE

FIBA ANTI MONEY LAUNDERING CONFERENCE

When: March 7-9, 2016
Where: InterContinental Hotel Miami

 

The 16th FIBA Anti Money Laundering Compliance Conference will facilitate knowledge exchange through sessions, targeted panel discussions, and current case studies combined with the insightful perspectives of our invited experts. In FIBA’s well-developed tradition, the leading practitioners, solution providers and other industry specialists will convene once again and bring the industry players together to learn from each other, network and share best practices.

22ND ANNUAL ALPHA HEDGE EAST CONFERENCE

22ND ANNUAL ALPHA HEDGE EAST CONFERENCE

When: February 29 – March 1, 2016
Where: PGA National Resort & Spa

 

Invest: Miami is proud to be a host of  the Alpha Hedge East Conference.

IMN is excited to have forged a strategic partnership with the Florida Alternative Investment Association (FLAIA) and they will co-host the conference. Their 2016 program will feature fresh content, new speakers, and an incomparable asset allocator-to-fund manager ratio, providing you with the most value for your time.

Also new for 2016, sign up to meet with qualified allocators! No speed dating! IMN promises to arrange 5 in-depth meetings with interested investors. Managers sign up now to arrange your one-on-one meetings with top allocators. Space is limited, please act fast.

Building on the success of the 2015 gatherings, which featured speakers from Bayview Asset Management, BlackRock, Hayman Capital Management, HIMCO, Man Group, Mesirow, Napier Park, PAAMCO, Two Sigma Investments, Winton Capital Management, and more, the 22nd Annual Alpha Hedge East will serve as a necessary meeting place for all members of the hedge fund community to explore new allocation strategies and look towards the future of hedge fund investing.

Keynote Speaker: ASH WILLIAMS, Executive Director & CIO, The Florida State Board of Administration