684 High-Paying New Jobs Are Coming To Downtown Miami, With More On The Way

At least eight companies have signed on to an incentives program to move their offices to Downtown Miami in recent months – with more on the way.

The companies have agreed to create at least 684 jobs in downtown Miami over the next three years, at an average salary of $162,000.

Only those who have signed up for a Miami Downtown Development Authority incentives program created last September called “Follow the Sun” are included in the count.

Here is a list of the new companies. Their names are being kept confidential in line with state laws that guide the incentives program:

Project Sunshine: A financial services firm based in New York (likely Blackstone) will open a downtown Miami office employing 215 people at an average salary of $200,000.

Project Gigantor: A healthcare technology company will relocate its headquarters from elsewhere in the Miami area to Downtown Miami, employing 75 at an average salary of $100,000.

Project Vigor: A California health and wellness company will open a downtown Miami office serving as a regional headquarters, with 50 employees at an average salary of $100,000.

Project Aristotle: An education technology firm based in Miami will open a new headquarters in Downtown Miami, with 60 employees earning an average $75,000 annually.

Project Deal Flow: A Connecticut based hedge fund will transfer 15 current employees and hire 15 new people, with average salaries of $125,000.

Project Adoration: A healthcare technology firm will expand its national headquarters in Miami, adding 91 new employees at an average salary of $138,000 a year.

Project Penny: A locally-based financial technology firm will add 110 new jobs in Downtown Miami at an average salary of $120,000.

Project Sky: An advertising and media technology firm based locally will expand in Downtown Miami, adding 53 new jobs at an average salary of $109,740.

The DDA has agreed to pay $560,000 in incentives to attract the firms listed above.

According to the DDA, they are learning of a new technology or finance firm moving to Downtown Miami “each week.”

The incentives were first reported by SFBW Magazine.

 

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Azarius
6 months ago

We need more initiatives like this from the city. This is really going to change downtown Miami. We need at least 10,000 jobs in downtown paying that amount

Anonymous
6 months ago

Excellent brevity Azarius

Anonymous
6 months ago

If we keep the 228 new jobs x year trend, it will only take 43 years to get that number

Anonymous
6 months ago

The more highly educated English speaking people relocate to Miami from other cities, the more high paying jobs downtown will get.

Azarius
6 months ago

It’s hard to find a good job in Miami without speaking Spanish

Anonymous
6 months ago

People can take it or leave it. It is a bilingual city and thankfully, that’s not going to change.

Anonymous
6 months ago

That’s one of Miami’s signature pluses that makes it unique and worthy of setting up shop for an international clientele.

Azarius
6 months ago

Yeah I’ve lived in Miami my whole life and that’s one of the things I love about Miami is it MULTIPLE languages but that shouldn’t stop someone who speak only the main language from getting a good paying job

Shaun
6 months ago

It’s bull crap..That needs to.change period!

Anonymous
6 months ago

You should be able to get a good job here in Miami by speaking English, like 99% of the USA.

Azarius
6 months ago

Agree

Anonymous
6 months ago

If the job is LatAm business development, then bilingual fluency is a reasonable qualification, just like a bar certification qualifies you to practice law, or an engineering license to practice civil engineering. The US should really adopt fluency standards for these sorts of positions like they do in Europe.

Anonymous
6 months ago

99% ? You wish

Anonymous
6 months ago

Yes 99%, because there is a country in between Miami, NYC, Los Angeles, and Seattle.

Anonymous
6 months ago

13% of the population of this COUNTRY speaks Spanish. Do you math, you small racist. Then add other languages…your 99% it’s your pathetic fantasy.

Shaun
6 months ago

Exactly! How they allowed these people to come here from Cuba or other latino places to adjust to them. If I go to there city they speak there language they not adjusting to english. English should be english in the USA period.

Anonymous
6 months ago

Hello… Los Españoles were here first, actually the indigenous natives were here way before any Gringos set foot in Miami. Miami’s whole populus is what gives South Florida it’s unique qualities of cultural diversity. NY and Cali are melting pots themselves so get ready for a whole lot more inclusivity!

Anonymous
6 months ago

Sorry pal. With many, many more well educated people moving to Miami from NYC and Cali, and Europe, you’re going to learn the hard way that the majority of people in the USA speak English

Anonymous
6 months ago

It’s “their” not “there”.
English is the primary language of the USA, however, historically, this is a country of immigrants, even engraved on the Statue of Liberty. Remember who discovered the Americas! This is a multi-cultural nation consisting of multi-cultural cities and the ability to be able to speak more than one language is commendable. Miami is a hub considered the gateway to Latin America and job opportunities are greater if more than 1 language is spoken. How many decades has thus nation been trying to refrain from discrimination? I’m Cuban-American, born in Havana, grew up in NY & Miami of Cuban-Spanish parents & Jewish ancestry. Worked decades in travel and was an English writing & Lit major, and instructor. I speak 4 languages and proud of it, proud to be an American and grateful to live in the USA.

Anonymous
6 months ago

…. and neither is Miami’s being dominated by low paying service jobs gonna change.

Anonymous
6 months ago

Lots of these low paying service jobs are conservative conjurings within the right to work clauses that plague this state along with the fight against organized unions.

Anonymous
6 months ago

You can take that union bull**** back to NY, lazy asses aren’t needed in Miami

Anonymous
6 months ago

But most of those low paying jobs are Latin service workers who don’t speak any English so it doesn’t change anything.

Anonymous
6 months ago

THat’s right. Nothing wrong with speaking more than one language.
Embrance it and learn it. It’s a beautiful language. It’s spoken all over Latin America and Spain. Imagine the possibilities. Imagine the convenience and flexibility of speaking a beautiful romantic language. Encourage your kids to learn it in school. My kids are perfectly bilingual and I’ve encouraged them to take a third language since high school. One of them is taking French and the other one takes Japanese.

Anonymous
6 months ago

Latin American Spanish dialects are gibberish to actual Spanish.

Lucrecia
6 months ago

Not so…there are some words in Spanish that not all who speak it are familiar with because of different countries but overall everyone understands each other!! Like, ” I say tomatoes, you say tomatos”!!

Anonymous
6 months ago

I agree! The Spanish spoken by these Cubans and Venezuelans a sounds like goobeldy-gook compared to what is spoken in Spain – no comparison.

Shaun
6 months ago

Exactly spoken over latin america and spain. Not miami! They need to stay over there if they feel so. We can not go over to latin america speaking english nor will they adjust to english language to change there surrounding. It’s all foolery!

Anonymous
6 months ago

You said the key thing, Latin America and Spain. This is not Latin America and Spain. Plus, Christopher Columbus or Ponce De Leon did not discover Florida. They raped and killed of the natives. Oh let me not forget that they gave the natives diseases as well. Yet, you want to praise them in your argument. Pathetic!!! Spanish people need to be concerned with China taking control of Latin America as they are leaving there land wide open 😐.

Anonymous
6 months ago

Yeah we’ll see about that! 😉

Anonymous
6 months ago

As these big companies move from up north to Miami that will change whether you like it or not. 😆😁

Anonymous
6 months ago

You are absolutely right. I moved here from NYC and immediately noticed the number of low-level Spanish speaking people here. Some have been here most of their lives and still don’t speak English. And, when you don’t speak Spanish, they look at you like YOU should. They’d never survive in a place like NY

Anonymous
6 months ago

Nobody cares about spanish if you have a degree and are competent. I live in Miami and experienced no problems finding jobs over six figures without spanish. Lower paying jobs in hospitality usually do require it!

Anonymous
6 months ago

That’s what I’ve found as well.

Anonymous
6 months ago

“Miami is the gateway to the AMERICAS”

Anonymous
6 months ago

lol WHAT? Being bilingual is a plus for some industries…but there is no connection with better salaries just because you speak Spanish.

Anonymous
6 months ago

Yes ok, peoples dream job here in miami is to work in magic city casino. Wait for high paying jobs to come in miami like mayor do.

Anonymous
6 months ago

Downtown/Brickell FTW! Suck it Doral!

Anonymous
6 months ago

Brickell and downtown would new another 50 all purpose non-government job office buildings compared to the amount of offices miramar and doral have

Anonymous
6 months ago

Downtown doesn’t need as many office buildings as Doral or Miramar. Keep all the offices with warehouses there. However, let all knowledge worker jobs move to the urban core. I live basically next to the SE Financial and Wells Fargo centers. Pre pandemic I had a reverse commute to Doral. So jealous of those who live in my building who got to walk to work. Now thanks to wfh I got to experience living and working in the urban core. It’s nicer walking to happy hour with other young professionals then have to go to Ale House or Flannigans or some other casual dining chain restaurant for the 100th time and here soccer moms complain about their children while downing their 3rd margarita.

Anonymous
6 months ago

Lol

Anonymous
6 months ago

You summarized my high school years in Weston perfectly LOL

Anonymous
6 months ago

Let’s not act like we don’t fuck single soccer moms just because we’re “young professionals” lol.

Anonymous
6 months ago

What educated, English speaking person would even want to be around those people in Doralzuela?

Anonymous
6 months ago

I work in pharma in NYC. If more pharma companies move to Miami, I’m buying my ticket…and my condo!

Anonymous
6 months ago

Buy your condo now and work from home.

Anonymous
6 months ago

Better buy ocean front or in the suburbs, actual downtown sucks

Anonymous
6 months ago

I did it! Bought my luxury condo and moved Miami Beach from NYC. Best thing I ever did. The culture of Miami is going to change with over 950 NYs moving to Miami every week too.

Anonymous
6 months ago

I think the lower dollar will help beautiful Miami, and downtown tremendously.

Anonymous
6 months ago

Explain what you mean

Anonymous
6 months ago

Miami is an international hub.
Lower dollar means Miami is less expensive to foreigners and foreign investment. More international companies, tourists. The E-5 thresholds are effectively lower in a different currency. In short, a lot more capital moving into the area.

Anonymous
6 months ago

E-5 isn’t a thing. EB-5 and E-2 are the investor visas.

Anonymous
6 months ago

This is only the beginning…

Anonymous
6 months ago

Until a Cat 4, or 5 hurricane hits!

Anonymous
6 months ago

Funny how you think that if a category 4 or 5 hurricane hit Miami YOU won’t be trouble also?

Anonymous
6 months ago

Lol check back in 6 months and see how many are still there. Miami is king of the scams, this will be no exception.

Anonymous
6 months ago

But with more and more educated English speaking people moving here from NYC, these latinas and Latinos better adapt or they’ll be replaced very quickly.

Anonymous
6 months ago

ahhhh 684 high paying jobs which will only half fill the units in the last article…how many units are in the pipeline….lmao….lights off nobody home….

Anonymous
6 months ago

Most units will be absorbed by South American investors as usual.

Anonymous
6 months ago

Maduro and Castro family buys those left over

Reality
6 months ago

lol, yes 60k phone line operator – back office jobs… and yes sadly for Miami that is “high” paying

Anonymous
6 months ago

Good news all around. Retail/restaurants will benefit from the additional buying power in the neighborhood. Suburban workers will be able to commute via Brightline and metro-rail. Demand for downtown market rate housing will continue to grow…

Azarius
6 months ago

Even more for affordable housing

Anonymous
6 months ago

The smart newcomers will buy/rent in downtown. Fuck the suburbs.

Anonymous
6 months ago

The smarter ones will move to the beach. That’s the real draw here.

Anonymous
6 months ago

Until they realize Miami Beach is overrated. It’s a nice place to party but frankly not a nice place to live unless you live in one of the more exclusive areas. It’s also a b!tch to drive in and out of since it’s an island.

Anonymous
6 months ago

Which is why we need a Metrorail expansion to Miami Beach!

Anonymous
6 months ago

Sunny Isles, Surfside, Bal Harbor, Hallandale/Hollywood….Miami Beach isn’t the only game in town and it is also not the most desirable.

Anonymous
6 months ago

I spent a year living and working in Brickell, didn’t like it. End up in Coral Gables.

Anonymous
6 months ago

I like this idea planned but it still need to bring more other big companies in Miami. The big companies transferring to Atlanta like Papa Johns Headquarters, Home Depot Headquarters and few other places in Atlanta.

Anonymous
6 months ago

More big companies will come to Miami just give it time. 😉

Anonymous
6 months ago

The Home Depot has been in Georgia since it was founded. I wonder how many companies will leave Georgia depending on if Stacey Abrams and her corrupt judge sister continue sabotaging the state because people playing the same games in Florida in 2018 couldn’t and were caught red-handed.

Anonymous
6 months ago

Big companies headquarters don’t bring value to any city, that’s just a few executives high paid salaries. The real value is in manufacturing hubs or service centers, way more jobs and decent professional salaries

Dave the Crackhead ™
6 months ago

going to need more or better designed exits into downtown/brickell area with all this rapid growth.

Anonymous
6 months ago

Hardly to pay 1800$ a month for an studio or a one bedroom!!

Anonymous
6 months ago

We need more FAANGMULA offices, not this trash.

Anonymous
6 months ago

GAFANMULAT has no interest in Miami at all. Miami ain’t enough asian for them.

Anonymous
6 months ago

Which brings me to my second point, we need more Asians.

Anonymous
6 months ago

Agree. This will bring amazing food as well.

Johnny nyc
6 months ago

This is what’s going to really change downtown Miami and the rest of Miami. These type of jobs in the downtown Miami area. Not some new hotel going up. We need more office space and for metro rail to be extended. Bring metro rail to south beach. Or extend the airport shuttle all the way down to down town Miami close to bayside.

Jose Sandoval
6 months ago

The pushing away against the poor, those who built Miami with sweat, continues, even under the current, critical circumstances. They are trying to convert the city into another NY. The poor can’t afford housing anymore.

Anonymous
6 months ago

I agree with changing like NYC. Biscayne Blvd. Lower Eastside, Midtown, Upper East Side. 7th Av above 79th street. Uptown.

Anonymous
6 months ago

They want to make Miami a Financial Capital, but it won’t work. Please name one (1) Financial Capital in Latin America? Now name one (1) in Spain! 🤔

Anonymous
6 months ago

But you have more educated English speaking people which makes it better.

Anonymous
6 months ago

New York is a dump…Miami is the logical alternative

Anonymous
6 months ago

nope, listening to brokers too much… NYC and SFO are coming back online now. Whatever Miami was going to get it already got…

Anonymous
6 months ago

Wrong. Over 950 NY’ers are moving to South Florida a week, and the wealthiest tax payers have already left NY, so get ready to pay more in taxes up there! Hahahaha

Anonymous
6 months ago

New York as a real problem, Real Estate Taxes and Condo/Co-op Maintenance will not go down because they need to continue to pay government salaries and building workers. As a result when interest rates go up (and they will) pricing in New York will decline. Conronavirus proved a concept and that concept is that you don’t need to live in New York or SF to make money.
The only thing that could save New York will be if rent stabilization is suspended since its purpose was due to low rent vacancy rates. Now with high rent vacancy rates if it is not abolished or temporarily suspended it is just a political give away. The real brokers that are blowing smoke are the ones in New York and SF.

Anonymous
6 months ago

Another area that NY could improve on is the way tax revenue is spent, specifically in addressing the over population it suffers from or the much needed updates on public projects, which when not addressed eventually leads to lower quality life.

Anonymous
6 months ago

New York also has 6.85% state income tax and 4% city income tax.

Anonymous
6 months ago

Living in Miami for quite some time, I think is the other way around.

Mr. Brickell
6 months ago

I think it’s a great initiative, it’s a good sign that some companies and some local government officials are looking into Miami in a more serious way, not just a party city. If they are successful in bringing in a diverse group of different businesses not just focusing in LATAM, with high-paying salaries and keeping them interested in living in Miami then it will be a complete success.

Now I lived Downtown MIA for seven years (recently moved out of the state) and currently own a Condo at One Miami and it’s a beautiful location for anyone that comes from NYC to have a Water view apartment, now, Miami it’s selling itself as if they have the infrastructure in place to manage more influx of people and increasing traffic when they can’t even manage its own residents PreCovid19, downtown/Brickell was a nightmare regarding traffic. I hope the government will work harder because of this specific reason, to fix the infrastructure; sewage (weekly spills contaminating the bay), public transportations (completely unreliable); roads and make it more of a safe walkable city. Because for anyone that comes from Big Cities that are not accustomed to owning a car, (NYC you can move around easily without owning a car with public transportation) it’s up for a big surprise when they can’t rely on public transportation.

Anonymous
6 months ago

The level of racism in the comments hahaha. Omg. U r disgusting 😒

Anonymous
6 months ago

Tell me about the next company that isn’t ‘Technology’ this and Technology that. I can’t stop laughing. If some of you knew what companies are calling themselves ‘technology’ companies these days you would scratch your noggins. I guess they think it is hip and, to be truthful, I can’t blame them seeing that alot of dummies don’t lift the hood to find out. Especially when dealing with Miami politicians who have almost zero experience dealing with ‘Tech’ companies. I am about to tell them I am bringing a tech company there too. Maybe automobile technology company I will tell them. If I show them some automated calculation in a spreadsheet they will likely say, ” yes, love it, thank you, welcome”.

Mr. Miami
6 months ago

It’s about time you get out of mama’s basement!

Anonymous
6 months ago

lol…

Anonymous
6 months ago

The problem with Miami is that it’s gonna flood in a couple of years if the world doesn’t get it’s act together whether you believe in that kinda stuff or not…(conservatives)

Anonymous
6 months ago

Ridiculous.
Flood in a couple of years???
If there is any flooding it will be very gradual and mankind can adapt accordingly by moving inland. Thinking that “it’s going to flood in a couple of years” is ridiculous and a delusional thought.

Anonymous
6 months ago

a couple years is just 2 years…..yeah NO