Japan’s SoftBank is planning a big expansion in Miami, according to the WSJ.
The tech company is now looking for up to 100,000 square feet of office space in the city, the paper reported last week. SoftBank currently has just 14,000 square feet here.
Marcelo Claure, SoftBank’s chief operating officer, told the paper that “People are increasingly choosing where they want to live rather than where they have to live.”
SoftBank recently announced it would commit $100 million in finds specifically targeting startups in Miami.
Two venture-capital funds, Founders Fund and Atomic, also announced leases in Wynwood totaling 22,000 square feet last week.
Microsoft continues to search for office space in Brickell, the paper reported.