30
( Business Portrait ) Downtown Miami By Rochelle Broder-Singer photograph: Scott B. Smith

( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

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Page 1: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

( Business Portrait )

Downtown Miami

By Rochelle Broder-Singer

photograph Scott B Smith

Followthe Leaders

FollowFlorida Trend

wwwFloridaTrendcomsubscribe

Follow the 250000 business government and civic leaders who rely on Florida Trend each month to deliver the latest news items and developing trends in Florida business

Why not join them at a special introductory subscription rate

floridatrendcom october 2012 3

Welcome to Florida Trendrsquos Business Portrait featuring Down-town Miami In this digital e-zine format yoursquoll see the full report that was featured in our October 2012 issue

To paint this portrait Florida Trend editors looked behind the scenes to report on what makes this South Florida city so dynamic From the engines that drive the economy mdash PortMiami interna-tional trade financial and legal services real estate tourism and technology mdash to key demograph-ics must-know players and quality of life they covered it all

Check out the notable firms and developments beginning on page 16 and yoursquoll see that Downtown Miami is capitalizing on its new-found energy

Florida Trend continues its series of Community and Business Portraits on cities and counties

around the state in coming edi-tions I invite you to subscribe to our print edition so that you donrsquot miss a single one Information on how to contact us is printed below

We look forward to hearing from you

mdash Andy CortyPublisher

[acortyfloridatrendcom]

How to Reach UsLetters to FLorida trendMail Florida Trend PO Box 611 St Petersburg FL 33731 Fax 727822-5083e-mail mhowardFloridaTrendcom All letters should include the authorrsquos telephone number or e-mail address Florida Trend edits some letters for length and clarity

FLorida trend onLineWebsite wwwFloridaTrendcom Includes back issues

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subscriptionsFor individual and corporate subscriptions renewals changes questions and single copies visit us online at wwwFloridaTrendcom or contact our Circulation Department phone 800829-9103 (9 am to 5 pm EST)Fax 727822-5083 e-mail custrelationsFloridaTrendcom

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A Word from the Publisherpublisher Andrew P Cortyexecutive editor Mark R Howard

editoriaLManaging editor John Annunziatasouth Florida editor Mike Vogelassociate editors Amy Keller Art Levy Lilly Rockwell restaurant editor Chris Shermancontributors Cynthia Barnett Rochelle Broder-Singer Lori Capullo Charlotte Crane Jerry Jackson

artart director Gary Bernloehrassociate art director Jason Morton

adMinistrationbusiness Manager Barbara Goodmanaccounting David A Dale

circuLationdirector of audience development Karen Tysonprint amp Fulfillment supervisor Connie Greenblattcustomer relations Marsha Almodovar

business deVeLopMentassociate publisher Janice G SharpMarketing amp special projects coordinator Leslie VasbindercreativeGraphic designer Anne Meyer

productiondirector of production Jill South

onLine pubLishinGonline project Manager Joyce Edmondsononline editor Will Short Gorhamonline publishing specialist Robb Brown

adVertisinG saLesdirector of advertising Lynn Lotkowictz 727892-2612

senior Market director central Floridaorlando - treasure coast - Gainesville - brevard county Laura Peters Armstrong 407951-6359

senior Market director tampa baytampa - st petersburg - sarasota - naples - Ft MyersChristine King 727892-2641

senior Market director south Florida Miami - Ft Lauderdale - palm beaches Maggie Caruso 727892-2640

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pubLished bY trend MaGazines incchairman Paul Tashpresident Andrew P Corty secretary Barbara Goodmantreasurer Jana Jones

Made in the USA Florida Trend (ISSN 0015-4326) PO Box 611 St Petersburg FL 33731 Telephone 727821-5800 (Street address 490 First Ave S St Petersburg FL 33701) Copyright 2012 Trend Magazines Inc All rights reserved The following are registered trademarks and logos of Trend Magazines Inc and their unauthorized use is strictly prohibited Florida Trend Golden Spoon Awards Florida Trendline Tallahassee Trend Trendsetter Awards Florida CEO Trends Tampa Bayrsquos Best dba Florida Florida Small Business Florida Trendrsquos Research Florida Legal Elite Florida Trendrsquos NEXT - Your Future After High School Florida College Planner Teen Trendsetters Reproduction in whole or in part without written permission of the publisher is prohibited Florida Trend accepts no responsibility for unsolicited manuscripts photographs artwork or reacutesumeacute material Microform paper and electronic formats available from UMI 300 N Zeeb Road Ann Arbor MI 48106-1346 800521-0600 Subscriber Services online at wwwfloridatrendcomcustomerservice or call 1-800-829-9103 Address Change Send address with mailing label

from past issue to Florida Trend PO Box 16238 North Hollywood CA 91615 Allow six weeks

Member BPA Worldwide Alliance of Area Busi-ness Publications Florida Magazine Association

Florida Trend wwwFloridaTrendcom

4 october 2012 floridatrendcom

( Business Portrait )

Downtown Miami

floridatrendcom october 2012 5

By Rochelle Broder-Singer

photograph Scott B Smith

6 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

left photograph Scott B Smith

Miami MaturesPeople are living in downtown Miami

mdash really living More than 70000 mostly young professionals now call downtown home up more than 70 from a decade ago A solid dining and nightlife scene has emerged to serve them along with a strengthening retail scene An area that once had no supermarkets now has four Publix stores A Whole Foods will open

late next year This summer the county started a ldquotrolleyrdquo bus that shuttles pas-sengers around downtown and a light-rail link to Miami International Airport Office occupancy rates are holding steady despite the recent completion of a 600000-sq-ft building and hotels downtown have geared up to serve growing numbers of business and leisure travelers The Adrienne Arsht

Center for the Performing Arts is busy almost every night with performances and this year the Miami Heat celebrated their championship win with a parade through downtownrsquos crowded streets

ldquoThe energy is just incrediblerdquo says Eddy Arriola chairman of Apollo Bank a com-munity bank headquartered downtown Itrsquos an energy he says that crosses both resi-dential and business communities ldquoThe fact that you can walk to more than one grocery store a Walgreens a CVS mdash the big and little institutions that you need to have a great city are either in place or theyrsquore shortly comingrdquo he explains ldquoEntrepreneurs hellip in many cases they want to live near their office and they spend a lot of time there Now that wersquore a 24-hour city and people can live work and play wersquore seeing it really explode in terms of new businessrdquo

Real estate prices are booming again and developers are announcing new projects at a rate that some say feels like a brand-new bubble Hong Kong-based Swire Properties has already broken ground on what will eventually be a 56-million-sq-ft mixed-use

ldquoNow that wersquore a 24-hour city and people can live work and play

wersquore seeing it really explode in

terms of new businessrdquo

mdash Eddy Arriola chairman Apollo Bank

Downtownrsquos AreasDowntown can be divided into roughly three areas

gt The northernmost is the arts and entertainment district home of the Adrienne Arsht Center for the Performing Arts

gt In the middle is the central business district which continues south to the Miami River

gt South of the Miami River is the Brickell area

The Four Seasons Hotel (center) is one of downtownrsquos largest employers

Founded in 1967 in Miami Greenberg Traurig is home to a multidisciplinary legal team with deep Florida roots With a global footprint of 35 offices and 1750 attorneys mdash including seven Florida offices mdash we provide strategic counsel and legal services to local national and international private and public sector clients

ALBANY | AMSTERDAM | ATLANTA | AUSTIN | BOSTON | BOCA RATON | CHICAGO | DALLAS | DELAWARE | DENVER FORT LAUDERDALE | HOUSTON | LAS VEGAS | LONDON | LOS ANGELES | MEXICO CITY+ | MIAMI | NEW JERSEY | NEW YORK ORANGE COUNTY | ORLANDO | PHILADELPHIA | PHOENIX | SACRAMENTO | SAN FRANCISCO | SHANGHAI | SILICON VALLEY TALLAHASSEE | TAMPA | TEL AVIV^ | TYSONS CORNER | WARSAW~ | WASHINGTON DC | WEST PALM BEACH | WHITE PLAINS

Greenberg Traurig is a service mark and trade name of Greenberg Traurig LLP and Greenberg Traurig PA copy2012 Greenberg Traurig LLP Attorneys at Law All rights reserved Contact Cesar L Alvarez in Miami at 3055790500 Operates as Greenberg Traurig Maher LLP +Operates as Greenberg Traurig SC ^Operates as a branch of Greenberg Traurig PA Florida USA ~Greenberg Traurigrsquos Warsaw office is operated by Greenberg Traurig Grzesiak spk an affiliate of Greenberg Traurig PA and Greenberg Traurig LLP degThese numbers are subject to fluctuation 15201

local knowledge

global reach

1750 ATTORNEYS 35 LOCATIONSdeg WWWGTLAWCOM

35 locationseurope | the middle east the americas asia

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8 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

residential retail office and hotel project Two new condominium high-rises have bro-ken ground The residential condominium occupancy rate in downtown is 93

All of this would have been inconceivable as little as five years ago when downtown rolled up the sidewalks at night as area workers went home to the suburbs As the real estate market crashed in 2008 it ap-peared that downtown had suffered one of the worst spates of overbuilding in the state Developers had built nearly 22000 condos there between 2004 and 2008 but only 62 were occupied mdash leaving 10 yearsrsquo worth of inventory Adding insult to injury in 2010 the completion of two new office buildings brought 1 million square feet of new office space into the market and nobody was rent-ing Office vacancies soared to 20

It looked like downtown Miami on the verge of becoming a true liveworkplay area for years would continue to hover in the realm of places people worked in dur-

ing the day and fled from at night The only difference would be the thousands of vacant condos and thousands of square feet of vacant office space serving as a reminder of the real estate boomrsquos folly

But the story took a turn few expected As lenders took over developersrsquo buildings and developers held fire sales on their unsold units prices for condos in downtown began dropping fast Suddenly young profession-als could afford to buy new units there close to their offices and just across the causeway from South Beach Investors too took notice Latin Americans and later Europeans began buying up con-do units to rent out to those same young professionals lured in part by prices that were far lower than in Miami Beach or Coral Gables

With more residents came new restaurants and retail and exist-ing eateries began extending their

hours to serve weeknight diners Things happened most quickly in the Brickell section of downtown once known as the financial district In 2006 the retail and res-taurant development Mary Brickell Village opened in that area bringing in new dining options to compete with Perriconersquos which had stood nearly alone for almost a decade Slowly a happy-hour and dinner scene began forming And as new residents started moving in the whole Brickell area devel-

Department store La Epoca targets young urban professionals who work downtown

ldquoIf the roads are better if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new

communitiesrdquomdash Jacky Teplitzky associate broker

Douglas Elliman Florida

floridatrendcom october 2012 9

pedestrian-unfriendly The city has to con-tinue to improve security and infrastructure says Jacky Teplitzky an associate broker for Douglas Elliman Florida ldquoIf the roads are bet-ter if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new communitiesrdquo she explains ldquoThey still have to work a bit more on that in order to make it very appealing for the local communityrdquo

But most investors in the area are fairly

happy Arriola and his partners acquired Apollo Bank in 2010 and the Brickell head-quarters came with it When they were doing their due diligence at the bank the year before theyrsquod walk out at night and see no lights on anywhere Still they thought the downtown headquarters was ldquoa good ideardquo Arriola says ldquoBut it turned out awesome Itrsquos become a far more central and far more interesting place than we had anticipatedrdquo

oped a nightlife It spread far more slowly to the area north of the Miami River often referred to as downtownrsquos central business district but restaurants and lounges there began keeping late hours too

Longtime retailers north of the river have felt the change Department store La Epoca has been a fixture in downtownrsquos Flagler area since 1965 Once most of its custom-ers were foreign tourists Today itrsquos a much more local crowd ldquoTraditionally we always had our hours until 6 pm Wersquove already pushed it to 7 and wersquore getting ready to go to 8rdquo says Brian Alonso whose family owns the store which focuses on serving the young urban professionals who work down-town and higher-income tourists drawn by downtownrsquos luxury hotels ldquoNow with all the restaurant options in the area itrsquos just becoming full of energyrdquo Alonso says

The energy is drawing businesses too says Donald Cartwright senior vice president with Jones Lang LaSalle ldquoWersquore definitely seeing more tenants looking at the downtown area than would have looked at downtown before the level of amenities and residential constructionrdquo he says ldquoThe single biggest difference what has also stimulated so much more other activity and development has been the explosion of quality residential housing in downtownrdquo

The activity has garnered international notice Last year Malaysian casino giant Genting made a huge splash when it paid nearly $400 million for 30 acres much of it along Biscayne Bay in the northern part of downtown It planned to develop a 5200-room destination resort there and hoped to have a major casino But when state law-makers shot that prospect down the com-pany downscaled its plans to a 500-room luxury hotel and two condo towers

Downtown still isnrsquot where it needs to be Despite repeated changes to traffic pat-terns itrsquos difficult to drive around Parking can be extremely expensive by Miami-Dade standards and some areas are still

Who Works Heregt 9143 downtown

businesses 96 of them small businesses bring in an estimated $185 billion in revenue

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10 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

photographs Jamie Rae top Bill Wisser bottom

Economic Life International Players

International business drives downtownrsquos economy from the port to the law firms and international banks that make up so many of its largest employers Latin Americans are the strongest buyers of residential real estate with Europeans also in the mix Spanish companies have become a part of the fabric of the business community and therersquos been quite a bit of Mexican investment and relocation especially north of the Miami River Downtown has international banks from 18 nations 20 consulates 26 foreign trade offices and 17 international trade organizations and chambers of commerce

ldquoItrsquos not just the bankers anymorerdquo says Philippe Houdard co-founder of Pipeline Brickell a co-working space that will open this fall in the Brickell district ldquoYou have a lot of young people that live here You have a lot of creative people that have come to this part of town You have a lot of people starting companies You have a lot of entrepreneurs You have this real mix and thatrsquos newrdquo

Banking

Downtown is the second-largest international banking center in the US (New York is No 1) and an address in

the Brickell Financial District is prestigious in the industry City National Bank is the largest bank based downtown and has three of its 26 branches there Banks arenrsquot the only financial institutions HIG Capital Management a private equity and venture capital company with annual revenue of more than $1 billion is based in the Brickell area

Law Firms

Among the law firms with longtime headquarters downtown is Bilzin Sumberg Baena Price amp Axelrod which in 2008 became the first tenant to sign a lease at 1450 Brickell one of the three new towers then under construction It just signed a lease to expand beyond the 80000 square feet it had taken That same year law firm Greenberg Traurig became the first marquee tenant in another under-construction tower taking 125000 square feet in what is now the Wells Fargo Center Akerman Senterfitt with dual headquarters in Miami and Orlando is downtownrsquos sixth-largest employer Downtown is also the preferred location for most national and international law firms opening offices in south Florida In just one building mdash Southeast Financial Center (formerly known as Wachovia Center) mdash six of the worldrsquos top 25 law firms have space

Eleven cruise lines call Port of Miami home The port handles more than 4 million cruise passengers a year

Todd Oretsky (left) and Philippe Houdard founded Pipeline Brickell which provides shared office space

floridatrendcom october 2012 11

Port of Miami

More than 4 million cruise passengers pass through the port each year Eleven cruise lines homeport there and cargo flows to 100 countries Nearly $6 billion in improvements is under way at the port including a deep dredge to accommodate ships large enough to transit the Panama Canal once itrsquos widened in 2014 A tunnel will route trucks directly from the port to highways bypassing downtownrsquos streets And a direct rail link into the port will further reduce the number of trucks that clog downtown roadways The county-owned port has proposed commercial development on some of its waterfront property including a hotel and office tower to serve cruise passengers and businesses at the port as well as a yacht harbor Port traffic could double by 2025

Office Market

Downtownrsquos office market remains a major economic challenge with nearly 3 million square feet unoccupied that will take time

to absorb In large part thatrsquos because of a lot of new space on the market In 2010 developers delivered more than 1 million square feet of space in two buildings that had been planned during the boom and in 2011 another 615000 square feet came to market with the completion of a third high-rise Itrsquos expected to remain a tenantrsquos market for a couple of years But says Jones Lang LaSallersquos Donald Cartwright downtown remains attractive to investors from national institutional investors to major local property owners to foreign investors (who have been particularly interested in land recently) And older ldquotrophyrdquo properties have low vacancy rates

gt Total Office Space 146 million square feet

gt Vacancy Rate (June 2012) 20 down from its peak of 24 in 2011

gt Class A Asking Rental Rate (June 2012) $4316 per square foot down from $4366 at mid-2011

gt Leasing Activity 2009 416165 square feet 2010 762681 square feet 2011 1000000 square feet 2012 Jan-June 517046 square feet

Residential Real Estate

While young professionals occupy most of downtownrsquos condos and apartments the luxury market is strong enough that high-end ONE Sothebyrsquos International Realty opened an office in the Brickell area in March And itrsquos part of the reason that nine residential towers mdash about 4100 units mdash were proposed or are under construction downtown

gt Condo occupancy 93

gt Average Sales Price (2011) $370003 up 64 from 2010 Prices have risen by an average of 10 per year since 2009

gt Average Rent (2011) $2112 per month up 13 from 2010

gt Condos Leased (April 2011-March 2012) 4584

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Advance your Career ndash michaellangleymbsacuk

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In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

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Sabadell_TrendAd_0904NEWindd 2 9512 229 PM

HOME MORTGAGE | VACATION HOME MORTGAGE | REFINANCING YOUR MORTGAGE

Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

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FOR MODERN TIMES A CLASSIC BANK

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

trade

Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

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18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

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ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 2: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

Followthe Leaders

FollowFlorida Trend

wwwFloridaTrendcomsubscribe

Follow the 250000 business government and civic leaders who rely on Florida Trend each month to deliver the latest news items and developing trends in Florida business

Why not join them at a special introductory subscription rate

floridatrendcom october 2012 3

Welcome to Florida Trendrsquos Business Portrait featuring Down-town Miami In this digital e-zine format yoursquoll see the full report that was featured in our October 2012 issue

To paint this portrait Florida Trend editors looked behind the scenes to report on what makes this South Florida city so dynamic From the engines that drive the economy mdash PortMiami interna-tional trade financial and legal services real estate tourism and technology mdash to key demograph-ics must-know players and quality of life they covered it all

Check out the notable firms and developments beginning on page 16 and yoursquoll see that Downtown Miami is capitalizing on its new-found energy

Florida Trend continues its series of Community and Business Portraits on cities and counties

around the state in coming edi-tions I invite you to subscribe to our print edition so that you donrsquot miss a single one Information on how to contact us is printed below

We look forward to hearing from you

mdash Andy CortyPublisher

[acortyfloridatrendcom]

How to Reach UsLetters to FLorida trendMail Florida Trend PO Box 611 St Petersburg FL 33731 Fax 727822-5083e-mail mhowardFloridaTrendcom All letters should include the authorrsquos telephone number or e-mail address Florida Trend edits some letters for length and clarity

FLorida trend onLineWebsite wwwFloridaTrendcom Includes back issues

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A Word from the Publisherpublisher Andrew P Cortyexecutive editor Mark R Howard

editoriaLManaging editor John Annunziatasouth Florida editor Mike Vogelassociate editors Amy Keller Art Levy Lilly Rockwell restaurant editor Chris Shermancontributors Cynthia Barnett Rochelle Broder-Singer Lori Capullo Charlotte Crane Jerry Jackson

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adMinistrationbusiness Manager Barbara Goodmanaccounting David A Dale

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business deVeLopMentassociate publisher Janice G SharpMarketing amp special projects coordinator Leslie VasbindercreativeGraphic designer Anne Meyer

productiondirector of production Jill South

onLine pubLishinGonline project Manager Joyce Edmondsononline editor Will Short Gorhamonline publishing specialist Robb Brown

adVertisinG saLesdirector of advertising Lynn Lotkowictz 727892-2612

senior Market director central Floridaorlando - treasure coast - Gainesville - brevard county Laura Peters Armstrong 407951-6359

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senior Market director south Florida Miami - Ft Lauderdale - palm beaches Maggie Caruso 727892-2640

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pubLished bY trend MaGazines incchairman Paul Tashpresident Andrew P Corty secretary Barbara Goodmantreasurer Jana Jones

Made in the USA Florida Trend (ISSN 0015-4326) PO Box 611 St Petersburg FL 33731 Telephone 727821-5800 (Street address 490 First Ave S St Petersburg FL 33701) Copyright 2012 Trend Magazines Inc All rights reserved The following are registered trademarks and logos of Trend Magazines Inc and their unauthorized use is strictly prohibited Florida Trend Golden Spoon Awards Florida Trendline Tallahassee Trend Trendsetter Awards Florida CEO Trends Tampa Bayrsquos Best dba Florida Florida Small Business Florida Trendrsquos Research Florida Legal Elite Florida Trendrsquos NEXT - Your Future After High School Florida College Planner Teen Trendsetters Reproduction in whole or in part without written permission of the publisher is prohibited Florida Trend accepts no responsibility for unsolicited manuscripts photographs artwork or reacutesumeacute material Microform paper and electronic formats available from UMI 300 N Zeeb Road Ann Arbor MI 48106-1346 800521-0600 Subscriber Services online at wwwfloridatrendcomcustomerservice or call 1-800-829-9103 Address Change Send address with mailing label

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Member BPA Worldwide Alliance of Area Busi-ness Publications Florida Magazine Association

Florida Trend wwwFloridaTrendcom

4 october 2012 floridatrendcom

( Business Portrait )

Downtown Miami

floridatrendcom october 2012 5

By Rochelle Broder-Singer

photograph Scott B Smith

6 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

left photograph Scott B Smith

Miami MaturesPeople are living in downtown Miami

mdash really living More than 70000 mostly young professionals now call downtown home up more than 70 from a decade ago A solid dining and nightlife scene has emerged to serve them along with a strengthening retail scene An area that once had no supermarkets now has four Publix stores A Whole Foods will open

late next year This summer the county started a ldquotrolleyrdquo bus that shuttles pas-sengers around downtown and a light-rail link to Miami International Airport Office occupancy rates are holding steady despite the recent completion of a 600000-sq-ft building and hotels downtown have geared up to serve growing numbers of business and leisure travelers The Adrienne Arsht

Center for the Performing Arts is busy almost every night with performances and this year the Miami Heat celebrated their championship win with a parade through downtownrsquos crowded streets

ldquoThe energy is just incrediblerdquo says Eddy Arriola chairman of Apollo Bank a com-munity bank headquartered downtown Itrsquos an energy he says that crosses both resi-dential and business communities ldquoThe fact that you can walk to more than one grocery store a Walgreens a CVS mdash the big and little institutions that you need to have a great city are either in place or theyrsquore shortly comingrdquo he explains ldquoEntrepreneurs hellip in many cases they want to live near their office and they spend a lot of time there Now that wersquore a 24-hour city and people can live work and play wersquore seeing it really explode in terms of new businessrdquo

Real estate prices are booming again and developers are announcing new projects at a rate that some say feels like a brand-new bubble Hong Kong-based Swire Properties has already broken ground on what will eventually be a 56-million-sq-ft mixed-use

ldquoNow that wersquore a 24-hour city and people can live work and play

wersquore seeing it really explode in

terms of new businessrdquo

mdash Eddy Arriola chairman Apollo Bank

Downtownrsquos AreasDowntown can be divided into roughly three areas

gt The northernmost is the arts and entertainment district home of the Adrienne Arsht Center for the Performing Arts

gt In the middle is the central business district which continues south to the Miami River

gt South of the Miami River is the Brickell area

The Four Seasons Hotel (center) is one of downtownrsquos largest employers

Founded in 1967 in Miami Greenberg Traurig is home to a multidisciplinary legal team with deep Florida roots With a global footprint of 35 offices and 1750 attorneys mdash including seven Florida offices mdash we provide strategic counsel and legal services to local national and international private and public sector clients

ALBANY | AMSTERDAM | ATLANTA | AUSTIN | BOSTON | BOCA RATON | CHICAGO | DALLAS | DELAWARE | DENVER FORT LAUDERDALE | HOUSTON | LAS VEGAS | LONDON | LOS ANGELES | MEXICO CITY+ | MIAMI | NEW JERSEY | NEW YORK ORANGE COUNTY | ORLANDO | PHILADELPHIA | PHOENIX | SACRAMENTO | SAN FRANCISCO | SHANGHAI | SILICON VALLEY TALLAHASSEE | TAMPA | TEL AVIV^ | TYSONS CORNER | WARSAW~ | WASHINGTON DC | WEST PALM BEACH | WHITE PLAINS

Greenberg Traurig is a service mark and trade name of Greenberg Traurig LLP and Greenberg Traurig PA copy2012 Greenberg Traurig LLP Attorneys at Law All rights reserved Contact Cesar L Alvarez in Miami at 3055790500 Operates as Greenberg Traurig Maher LLP +Operates as Greenberg Traurig SC ^Operates as a branch of Greenberg Traurig PA Florida USA ~Greenberg Traurigrsquos Warsaw office is operated by Greenberg Traurig Grzesiak spk an affiliate of Greenberg Traurig PA and Greenberg Traurig LLP degThese numbers are subject to fluctuation 15201

local knowledge

global reach

1750 ATTORNEYS 35 LOCATIONSdeg WWWGTLAWCOM

35 locationseurope | the middle east the americas asia

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8 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

residential retail office and hotel project Two new condominium high-rises have bro-ken ground The residential condominium occupancy rate in downtown is 93

All of this would have been inconceivable as little as five years ago when downtown rolled up the sidewalks at night as area workers went home to the suburbs As the real estate market crashed in 2008 it ap-peared that downtown had suffered one of the worst spates of overbuilding in the state Developers had built nearly 22000 condos there between 2004 and 2008 but only 62 were occupied mdash leaving 10 yearsrsquo worth of inventory Adding insult to injury in 2010 the completion of two new office buildings brought 1 million square feet of new office space into the market and nobody was rent-ing Office vacancies soared to 20

It looked like downtown Miami on the verge of becoming a true liveworkplay area for years would continue to hover in the realm of places people worked in dur-

ing the day and fled from at night The only difference would be the thousands of vacant condos and thousands of square feet of vacant office space serving as a reminder of the real estate boomrsquos folly

But the story took a turn few expected As lenders took over developersrsquo buildings and developers held fire sales on their unsold units prices for condos in downtown began dropping fast Suddenly young profession-als could afford to buy new units there close to their offices and just across the causeway from South Beach Investors too took notice Latin Americans and later Europeans began buying up con-do units to rent out to those same young professionals lured in part by prices that were far lower than in Miami Beach or Coral Gables

With more residents came new restaurants and retail and exist-ing eateries began extending their

hours to serve weeknight diners Things happened most quickly in the Brickell section of downtown once known as the financial district In 2006 the retail and res-taurant development Mary Brickell Village opened in that area bringing in new dining options to compete with Perriconersquos which had stood nearly alone for almost a decade Slowly a happy-hour and dinner scene began forming And as new residents started moving in the whole Brickell area devel-

Department store La Epoca targets young urban professionals who work downtown

ldquoIf the roads are better if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new

communitiesrdquomdash Jacky Teplitzky associate broker

Douglas Elliman Florida

floridatrendcom october 2012 9

pedestrian-unfriendly The city has to con-tinue to improve security and infrastructure says Jacky Teplitzky an associate broker for Douglas Elliman Florida ldquoIf the roads are bet-ter if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new communitiesrdquo she explains ldquoThey still have to work a bit more on that in order to make it very appealing for the local communityrdquo

But most investors in the area are fairly

happy Arriola and his partners acquired Apollo Bank in 2010 and the Brickell head-quarters came with it When they were doing their due diligence at the bank the year before theyrsquod walk out at night and see no lights on anywhere Still they thought the downtown headquarters was ldquoa good ideardquo Arriola says ldquoBut it turned out awesome Itrsquos become a far more central and far more interesting place than we had anticipatedrdquo

oped a nightlife It spread far more slowly to the area north of the Miami River often referred to as downtownrsquos central business district but restaurants and lounges there began keeping late hours too

Longtime retailers north of the river have felt the change Department store La Epoca has been a fixture in downtownrsquos Flagler area since 1965 Once most of its custom-ers were foreign tourists Today itrsquos a much more local crowd ldquoTraditionally we always had our hours until 6 pm Wersquove already pushed it to 7 and wersquore getting ready to go to 8rdquo says Brian Alonso whose family owns the store which focuses on serving the young urban professionals who work down-town and higher-income tourists drawn by downtownrsquos luxury hotels ldquoNow with all the restaurant options in the area itrsquos just becoming full of energyrdquo Alonso says

The energy is drawing businesses too says Donald Cartwright senior vice president with Jones Lang LaSalle ldquoWersquore definitely seeing more tenants looking at the downtown area than would have looked at downtown before the level of amenities and residential constructionrdquo he says ldquoThe single biggest difference what has also stimulated so much more other activity and development has been the explosion of quality residential housing in downtownrdquo

The activity has garnered international notice Last year Malaysian casino giant Genting made a huge splash when it paid nearly $400 million for 30 acres much of it along Biscayne Bay in the northern part of downtown It planned to develop a 5200-room destination resort there and hoped to have a major casino But when state law-makers shot that prospect down the com-pany downscaled its plans to a 500-room luxury hotel and two condo towers

Downtown still isnrsquot where it needs to be Despite repeated changes to traffic pat-terns itrsquos difficult to drive around Parking can be extremely expensive by Miami-Dade standards and some areas are still

Who Works Heregt 9143 downtown

businesses 96 of them small businesses bring in an estimated $185 billion in revenue

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10 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

photographs Jamie Rae top Bill Wisser bottom

Economic Life International Players

International business drives downtownrsquos economy from the port to the law firms and international banks that make up so many of its largest employers Latin Americans are the strongest buyers of residential real estate with Europeans also in the mix Spanish companies have become a part of the fabric of the business community and therersquos been quite a bit of Mexican investment and relocation especially north of the Miami River Downtown has international banks from 18 nations 20 consulates 26 foreign trade offices and 17 international trade organizations and chambers of commerce

ldquoItrsquos not just the bankers anymorerdquo says Philippe Houdard co-founder of Pipeline Brickell a co-working space that will open this fall in the Brickell district ldquoYou have a lot of young people that live here You have a lot of creative people that have come to this part of town You have a lot of people starting companies You have a lot of entrepreneurs You have this real mix and thatrsquos newrdquo

Banking

Downtown is the second-largest international banking center in the US (New York is No 1) and an address in

the Brickell Financial District is prestigious in the industry City National Bank is the largest bank based downtown and has three of its 26 branches there Banks arenrsquot the only financial institutions HIG Capital Management a private equity and venture capital company with annual revenue of more than $1 billion is based in the Brickell area

Law Firms

Among the law firms with longtime headquarters downtown is Bilzin Sumberg Baena Price amp Axelrod which in 2008 became the first tenant to sign a lease at 1450 Brickell one of the three new towers then under construction It just signed a lease to expand beyond the 80000 square feet it had taken That same year law firm Greenberg Traurig became the first marquee tenant in another under-construction tower taking 125000 square feet in what is now the Wells Fargo Center Akerman Senterfitt with dual headquarters in Miami and Orlando is downtownrsquos sixth-largest employer Downtown is also the preferred location for most national and international law firms opening offices in south Florida In just one building mdash Southeast Financial Center (formerly known as Wachovia Center) mdash six of the worldrsquos top 25 law firms have space

Eleven cruise lines call Port of Miami home The port handles more than 4 million cruise passengers a year

Todd Oretsky (left) and Philippe Houdard founded Pipeline Brickell which provides shared office space

floridatrendcom october 2012 11

Port of Miami

More than 4 million cruise passengers pass through the port each year Eleven cruise lines homeport there and cargo flows to 100 countries Nearly $6 billion in improvements is under way at the port including a deep dredge to accommodate ships large enough to transit the Panama Canal once itrsquos widened in 2014 A tunnel will route trucks directly from the port to highways bypassing downtownrsquos streets And a direct rail link into the port will further reduce the number of trucks that clog downtown roadways The county-owned port has proposed commercial development on some of its waterfront property including a hotel and office tower to serve cruise passengers and businesses at the port as well as a yacht harbor Port traffic could double by 2025

Office Market

Downtownrsquos office market remains a major economic challenge with nearly 3 million square feet unoccupied that will take time

to absorb In large part thatrsquos because of a lot of new space on the market In 2010 developers delivered more than 1 million square feet of space in two buildings that had been planned during the boom and in 2011 another 615000 square feet came to market with the completion of a third high-rise Itrsquos expected to remain a tenantrsquos market for a couple of years But says Jones Lang LaSallersquos Donald Cartwright downtown remains attractive to investors from national institutional investors to major local property owners to foreign investors (who have been particularly interested in land recently) And older ldquotrophyrdquo properties have low vacancy rates

gt Total Office Space 146 million square feet

gt Vacancy Rate (June 2012) 20 down from its peak of 24 in 2011

gt Class A Asking Rental Rate (June 2012) $4316 per square foot down from $4366 at mid-2011

gt Leasing Activity 2009 416165 square feet 2010 762681 square feet 2011 1000000 square feet 2012 Jan-June 517046 square feet

Residential Real Estate

While young professionals occupy most of downtownrsquos condos and apartments the luxury market is strong enough that high-end ONE Sothebyrsquos International Realty opened an office in the Brickell area in March And itrsquos part of the reason that nine residential towers mdash about 4100 units mdash were proposed or are under construction downtown

gt Condo occupancy 93

gt Average Sales Price (2011) $370003 up 64 from 2010 Prices have risen by an average of 10 per year since 2009

gt Average Rent (2011) $2112 per month up 13 from 2010

gt Condos Leased (April 2011-March 2012) 4584

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In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

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Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

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FOR MODERN TIMES A CLASSIC BANK

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

trade

Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

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Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

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18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 3: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

floridatrendcom october 2012 3

Welcome to Florida Trendrsquos Business Portrait featuring Down-town Miami In this digital e-zine format yoursquoll see the full report that was featured in our October 2012 issue

To paint this portrait Florida Trend editors looked behind the scenes to report on what makes this South Florida city so dynamic From the engines that drive the economy mdash PortMiami interna-tional trade financial and legal services real estate tourism and technology mdash to key demograph-ics must-know players and quality of life they covered it all

Check out the notable firms and developments beginning on page 16 and yoursquoll see that Downtown Miami is capitalizing on its new-found energy

Florida Trend continues its series of Community and Business Portraits on cities and counties

around the state in coming edi-tions I invite you to subscribe to our print edition so that you donrsquot miss a single one Information on how to contact us is printed below

We look forward to hearing from you

mdash Andy CortyPublisher

[acortyfloridatrendcom]

How to Reach UsLetters to FLorida trendMail Florida Trend PO Box 611 St Petersburg FL 33731 Fax 727822-5083e-mail mhowardFloridaTrendcom All letters should include the authorrsquos telephone number or e-mail address Florida Trend edits some letters for length and clarity

FLorida trend onLineWebsite wwwFloridaTrendcom Includes back issues

reprintse-printsTo purchase article reprints or e-prints contact Wrightrsquos Reprints at 877652-5295 or wwwwrightsreprintscom

subscriptionsFor individual and corporate subscriptions renewals changes questions and single copies visit us online at wwwFloridaTrendcom or contact our Circulation Department phone 800829-9103 (9 am to 5 pm EST)Fax 727822-5083 e-mail custrelationsFloridaTrendcom

adVertisinGwwwFloridaTrendcomMediaKitphone 727821-5800e-mail advertisingFloridaTrendcom

A Word from the Publisherpublisher Andrew P Cortyexecutive editor Mark R Howard

editoriaLManaging editor John Annunziatasouth Florida editor Mike Vogelassociate editors Amy Keller Art Levy Lilly Rockwell restaurant editor Chris Shermancontributors Cynthia Barnett Rochelle Broder-Singer Lori Capullo Charlotte Crane Jerry Jackson

artart director Gary Bernloehrassociate art director Jason Morton

adMinistrationbusiness Manager Barbara Goodmanaccounting David A Dale

circuLationdirector of audience development Karen Tysonprint amp Fulfillment supervisor Connie Greenblattcustomer relations Marsha Almodovar

business deVeLopMentassociate publisher Janice G SharpMarketing amp special projects coordinator Leslie VasbindercreativeGraphic designer Anne Meyer

productiondirector of production Jill South

onLine pubLishinGonline project Manager Joyce Edmondsononline editor Will Short Gorhamonline publishing specialist Robb Brown

adVertisinG saLesdirector of advertising Lynn Lotkowictz 727892-2612

senior Market director central Floridaorlando - treasure coast - Gainesville - brevard county Laura Peters Armstrong 407951-6359

senior Market director tampa baytampa - st petersburg - sarasota - naples - Ft MyersChristine King 727892-2641

senior Market director south Florida Miami - Ft Lauderdale - palm beaches Maggie Caruso 727892-2640

senior Market director north Florida Jacksonville - tallahassee - panama city - pensacolaJaime McKnight 727892-2645

national sales director new York - atlanta - chicago Lynn Lotkowictz 727892-2612

advertising support representative Rana Becker 727892-2642

pubLished bY trend MaGazines incchairman Paul Tashpresident Andrew P Corty secretary Barbara Goodmantreasurer Jana Jones

Made in the USA Florida Trend (ISSN 0015-4326) PO Box 611 St Petersburg FL 33731 Telephone 727821-5800 (Street address 490 First Ave S St Petersburg FL 33701) Copyright 2012 Trend Magazines Inc All rights reserved The following are registered trademarks and logos of Trend Magazines Inc and their unauthorized use is strictly prohibited Florida Trend Golden Spoon Awards Florida Trendline Tallahassee Trend Trendsetter Awards Florida CEO Trends Tampa Bayrsquos Best dba Florida Florida Small Business Florida Trendrsquos Research Florida Legal Elite Florida Trendrsquos NEXT - Your Future After High School Florida College Planner Teen Trendsetters Reproduction in whole or in part without written permission of the publisher is prohibited Florida Trend accepts no responsibility for unsolicited manuscripts photographs artwork or reacutesumeacute material Microform paper and electronic formats available from UMI 300 N Zeeb Road Ann Arbor MI 48106-1346 800521-0600 Subscriber Services online at wwwfloridatrendcomcustomerservice or call 1-800-829-9103 Address Change Send address with mailing label

from past issue to Florida Trend PO Box 16238 North Hollywood CA 91615 Allow six weeks

Member BPA Worldwide Alliance of Area Busi-ness Publications Florida Magazine Association

Florida Trend wwwFloridaTrendcom

4 october 2012 floridatrendcom

( Business Portrait )

Downtown Miami

floridatrendcom october 2012 5

By Rochelle Broder-Singer

photograph Scott B Smith

6 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

left photograph Scott B Smith

Miami MaturesPeople are living in downtown Miami

mdash really living More than 70000 mostly young professionals now call downtown home up more than 70 from a decade ago A solid dining and nightlife scene has emerged to serve them along with a strengthening retail scene An area that once had no supermarkets now has four Publix stores A Whole Foods will open

late next year This summer the county started a ldquotrolleyrdquo bus that shuttles pas-sengers around downtown and a light-rail link to Miami International Airport Office occupancy rates are holding steady despite the recent completion of a 600000-sq-ft building and hotels downtown have geared up to serve growing numbers of business and leisure travelers The Adrienne Arsht

Center for the Performing Arts is busy almost every night with performances and this year the Miami Heat celebrated their championship win with a parade through downtownrsquos crowded streets

ldquoThe energy is just incrediblerdquo says Eddy Arriola chairman of Apollo Bank a com-munity bank headquartered downtown Itrsquos an energy he says that crosses both resi-dential and business communities ldquoThe fact that you can walk to more than one grocery store a Walgreens a CVS mdash the big and little institutions that you need to have a great city are either in place or theyrsquore shortly comingrdquo he explains ldquoEntrepreneurs hellip in many cases they want to live near their office and they spend a lot of time there Now that wersquore a 24-hour city and people can live work and play wersquore seeing it really explode in terms of new businessrdquo

Real estate prices are booming again and developers are announcing new projects at a rate that some say feels like a brand-new bubble Hong Kong-based Swire Properties has already broken ground on what will eventually be a 56-million-sq-ft mixed-use

ldquoNow that wersquore a 24-hour city and people can live work and play

wersquore seeing it really explode in

terms of new businessrdquo

mdash Eddy Arriola chairman Apollo Bank

Downtownrsquos AreasDowntown can be divided into roughly three areas

gt The northernmost is the arts and entertainment district home of the Adrienne Arsht Center for the Performing Arts

gt In the middle is the central business district which continues south to the Miami River

gt South of the Miami River is the Brickell area

The Four Seasons Hotel (center) is one of downtownrsquos largest employers

Founded in 1967 in Miami Greenberg Traurig is home to a multidisciplinary legal team with deep Florida roots With a global footprint of 35 offices and 1750 attorneys mdash including seven Florida offices mdash we provide strategic counsel and legal services to local national and international private and public sector clients

ALBANY | AMSTERDAM | ATLANTA | AUSTIN | BOSTON | BOCA RATON | CHICAGO | DALLAS | DELAWARE | DENVER FORT LAUDERDALE | HOUSTON | LAS VEGAS | LONDON | LOS ANGELES | MEXICO CITY+ | MIAMI | NEW JERSEY | NEW YORK ORANGE COUNTY | ORLANDO | PHILADELPHIA | PHOENIX | SACRAMENTO | SAN FRANCISCO | SHANGHAI | SILICON VALLEY TALLAHASSEE | TAMPA | TEL AVIV^ | TYSONS CORNER | WARSAW~ | WASHINGTON DC | WEST PALM BEACH | WHITE PLAINS

Greenberg Traurig is a service mark and trade name of Greenberg Traurig LLP and Greenberg Traurig PA copy2012 Greenberg Traurig LLP Attorneys at Law All rights reserved Contact Cesar L Alvarez in Miami at 3055790500 Operates as Greenberg Traurig Maher LLP +Operates as Greenberg Traurig SC ^Operates as a branch of Greenberg Traurig PA Florida USA ~Greenberg Traurigrsquos Warsaw office is operated by Greenberg Traurig Grzesiak spk an affiliate of Greenberg Traurig PA and Greenberg Traurig LLP degThese numbers are subject to fluctuation 15201

local knowledge

global reach

1750 ATTORNEYS 35 LOCATIONSdeg WWWGTLAWCOM

35 locationseurope | the middle east the americas asia

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8 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

residential retail office and hotel project Two new condominium high-rises have bro-ken ground The residential condominium occupancy rate in downtown is 93

All of this would have been inconceivable as little as five years ago when downtown rolled up the sidewalks at night as area workers went home to the suburbs As the real estate market crashed in 2008 it ap-peared that downtown had suffered one of the worst spates of overbuilding in the state Developers had built nearly 22000 condos there between 2004 and 2008 but only 62 were occupied mdash leaving 10 yearsrsquo worth of inventory Adding insult to injury in 2010 the completion of two new office buildings brought 1 million square feet of new office space into the market and nobody was rent-ing Office vacancies soared to 20

It looked like downtown Miami on the verge of becoming a true liveworkplay area for years would continue to hover in the realm of places people worked in dur-

ing the day and fled from at night The only difference would be the thousands of vacant condos and thousands of square feet of vacant office space serving as a reminder of the real estate boomrsquos folly

But the story took a turn few expected As lenders took over developersrsquo buildings and developers held fire sales on their unsold units prices for condos in downtown began dropping fast Suddenly young profession-als could afford to buy new units there close to their offices and just across the causeway from South Beach Investors too took notice Latin Americans and later Europeans began buying up con-do units to rent out to those same young professionals lured in part by prices that were far lower than in Miami Beach or Coral Gables

With more residents came new restaurants and retail and exist-ing eateries began extending their

hours to serve weeknight diners Things happened most quickly in the Brickell section of downtown once known as the financial district In 2006 the retail and res-taurant development Mary Brickell Village opened in that area bringing in new dining options to compete with Perriconersquos which had stood nearly alone for almost a decade Slowly a happy-hour and dinner scene began forming And as new residents started moving in the whole Brickell area devel-

Department store La Epoca targets young urban professionals who work downtown

ldquoIf the roads are better if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new

communitiesrdquomdash Jacky Teplitzky associate broker

Douglas Elliman Florida

floridatrendcom october 2012 9

pedestrian-unfriendly The city has to con-tinue to improve security and infrastructure says Jacky Teplitzky an associate broker for Douglas Elliman Florida ldquoIf the roads are bet-ter if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new communitiesrdquo she explains ldquoThey still have to work a bit more on that in order to make it very appealing for the local communityrdquo

But most investors in the area are fairly

happy Arriola and his partners acquired Apollo Bank in 2010 and the Brickell head-quarters came with it When they were doing their due diligence at the bank the year before theyrsquod walk out at night and see no lights on anywhere Still they thought the downtown headquarters was ldquoa good ideardquo Arriola says ldquoBut it turned out awesome Itrsquos become a far more central and far more interesting place than we had anticipatedrdquo

oped a nightlife It spread far more slowly to the area north of the Miami River often referred to as downtownrsquos central business district but restaurants and lounges there began keeping late hours too

Longtime retailers north of the river have felt the change Department store La Epoca has been a fixture in downtownrsquos Flagler area since 1965 Once most of its custom-ers were foreign tourists Today itrsquos a much more local crowd ldquoTraditionally we always had our hours until 6 pm Wersquove already pushed it to 7 and wersquore getting ready to go to 8rdquo says Brian Alonso whose family owns the store which focuses on serving the young urban professionals who work down-town and higher-income tourists drawn by downtownrsquos luxury hotels ldquoNow with all the restaurant options in the area itrsquos just becoming full of energyrdquo Alonso says

The energy is drawing businesses too says Donald Cartwright senior vice president with Jones Lang LaSalle ldquoWersquore definitely seeing more tenants looking at the downtown area than would have looked at downtown before the level of amenities and residential constructionrdquo he says ldquoThe single biggest difference what has also stimulated so much more other activity and development has been the explosion of quality residential housing in downtownrdquo

The activity has garnered international notice Last year Malaysian casino giant Genting made a huge splash when it paid nearly $400 million for 30 acres much of it along Biscayne Bay in the northern part of downtown It planned to develop a 5200-room destination resort there and hoped to have a major casino But when state law-makers shot that prospect down the com-pany downscaled its plans to a 500-room luxury hotel and two condo towers

Downtown still isnrsquot where it needs to be Despite repeated changes to traffic pat-terns itrsquos difficult to drive around Parking can be extremely expensive by Miami-Dade standards and some areas are still

Who Works Heregt 9143 downtown

businesses 96 of them small businesses bring in an estimated $185 billion in revenue

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10 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

photographs Jamie Rae top Bill Wisser bottom

Economic Life International Players

International business drives downtownrsquos economy from the port to the law firms and international banks that make up so many of its largest employers Latin Americans are the strongest buyers of residential real estate with Europeans also in the mix Spanish companies have become a part of the fabric of the business community and therersquos been quite a bit of Mexican investment and relocation especially north of the Miami River Downtown has international banks from 18 nations 20 consulates 26 foreign trade offices and 17 international trade organizations and chambers of commerce

ldquoItrsquos not just the bankers anymorerdquo says Philippe Houdard co-founder of Pipeline Brickell a co-working space that will open this fall in the Brickell district ldquoYou have a lot of young people that live here You have a lot of creative people that have come to this part of town You have a lot of people starting companies You have a lot of entrepreneurs You have this real mix and thatrsquos newrdquo

Banking

Downtown is the second-largest international banking center in the US (New York is No 1) and an address in

the Brickell Financial District is prestigious in the industry City National Bank is the largest bank based downtown and has three of its 26 branches there Banks arenrsquot the only financial institutions HIG Capital Management a private equity and venture capital company with annual revenue of more than $1 billion is based in the Brickell area

Law Firms

Among the law firms with longtime headquarters downtown is Bilzin Sumberg Baena Price amp Axelrod which in 2008 became the first tenant to sign a lease at 1450 Brickell one of the three new towers then under construction It just signed a lease to expand beyond the 80000 square feet it had taken That same year law firm Greenberg Traurig became the first marquee tenant in another under-construction tower taking 125000 square feet in what is now the Wells Fargo Center Akerman Senterfitt with dual headquarters in Miami and Orlando is downtownrsquos sixth-largest employer Downtown is also the preferred location for most national and international law firms opening offices in south Florida In just one building mdash Southeast Financial Center (formerly known as Wachovia Center) mdash six of the worldrsquos top 25 law firms have space

Eleven cruise lines call Port of Miami home The port handles more than 4 million cruise passengers a year

Todd Oretsky (left) and Philippe Houdard founded Pipeline Brickell which provides shared office space

floridatrendcom october 2012 11

Port of Miami

More than 4 million cruise passengers pass through the port each year Eleven cruise lines homeport there and cargo flows to 100 countries Nearly $6 billion in improvements is under way at the port including a deep dredge to accommodate ships large enough to transit the Panama Canal once itrsquos widened in 2014 A tunnel will route trucks directly from the port to highways bypassing downtownrsquos streets And a direct rail link into the port will further reduce the number of trucks that clog downtown roadways The county-owned port has proposed commercial development on some of its waterfront property including a hotel and office tower to serve cruise passengers and businesses at the port as well as a yacht harbor Port traffic could double by 2025

Office Market

Downtownrsquos office market remains a major economic challenge with nearly 3 million square feet unoccupied that will take time

to absorb In large part thatrsquos because of a lot of new space on the market In 2010 developers delivered more than 1 million square feet of space in two buildings that had been planned during the boom and in 2011 another 615000 square feet came to market with the completion of a third high-rise Itrsquos expected to remain a tenantrsquos market for a couple of years But says Jones Lang LaSallersquos Donald Cartwright downtown remains attractive to investors from national institutional investors to major local property owners to foreign investors (who have been particularly interested in land recently) And older ldquotrophyrdquo properties have low vacancy rates

gt Total Office Space 146 million square feet

gt Vacancy Rate (June 2012) 20 down from its peak of 24 in 2011

gt Class A Asking Rental Rate (June 2012) $4316 per square foot down from $4366 at mid-2011

gt Leasing Activity 2009 416165 square feet 2010 762681 square feet 2011 1000000 square feet 2012 Jan-June 517046 square feet

Residential Real Estate

While young professionals occupy most of downtownrsquos condos and apartments the luxury market is strong enough that high-end ONE Sothebyrsquos International Realty opened an office in the Brickell area in March And itrsquos part of the reason that nine residential towers mdash about 4100 units mdash were proposed or are under construction downtown

gt Condo occupancy 93

gt Average Sales Price (2011) $370003 up 64 from 2010 Prices have risen by an average of 10 per year since 2009

gt Average Rent (2011) $2112 per month up 13 from 2010

gt Condos Leased (April 2011-March 2012) 4584

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In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

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SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

trade

Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

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18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

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ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 4: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

4 october 2012 floridatrendcom

( Business Portrait )

Downtown Miami

floridatrendcom october 2012 5

By Rochelle Broder-Singer

photograph Scott B Smith

6 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

left photograph Scott B Smith

Miami MaturesPeople are living in downtown Miami

mdash really living More than 70000 mostly young professionals now call downtown home up more than 70 from a decade ago A solid dining and nightlife scene has emerged to serve them along with a strengthening retail scene An area that once had no supermarkets now has four Publix stores A Whole Foods will open

late next year This summer the county started a ldquotrolleyrdquo bus that shuttles pas-sengers around downtown and a light-rail link to Miami International Airport Office occupancy rates are holding steady despite the recent completion of a 600000-sq-ft building and hotels downtown have geared up to serve growing numbers of business and leisure travelers The Adrienne Arsht

Center for the Performing Arts is busy almost every night with performances and this year the Miami Heat celebrated their championship win with a parade through downtownrsquos crowded streets

ldquoThe energy is just incrediblerdquo says Eddy Arriola chairman of Apollo Bank a com-munity bank headquartered downtown Itrsquos an energy he says that crosses both resi-dential and business communities ldquoThe fact that you can walk to more than one grocery store a Walgreens a CVS mdash the big and little institutions that you need to have a great city are either in place or theyrsquore shortly comingrdquo he explains ldquoEntrepreneurs hellip in many cases they want to live near their office and they spend a lot of time there Now that wersquore a 24-hour city and people can live work and play wersquore seeing it really explode in terms of new businessrdquo

Real estate prices are booming again and developers are announcing new projects at a rate that some say feels like a brand-new bubble Hong Kong-based Swire Properties has already broken ground on what will eventually be a 56-million-sq-ft mixed-use

ldquoNow that wersquore a 24-hour city and people can live work and play

wersquore seeing it really explode in

terms of new businessrdquo

mdash Eddy Arriola chairman Apollo Bank

Downtownrsquos AreasDowntown can be divided into roughly three areas

gt The northernmost is the arts and entertainment district home of the Adrienne Arsht Center for the Performing Arts

gt In the middle is the central business district which continues south to the Miami River

gt South of the Miami River is the Brickell area

The Four Seasons Hotel (center) is one of downtownrsquos largest employers

Founded in 1967 in Miami Greenberg Traurig is home to a multidisciplinary legal team with deep Florida roots With a global footprint of 35 offices and 1750 attorneys mdash including seven Florida offices mdash we provide strategic counsel and legal services to local national and international private and public sector clients

ALBANY | AMSTERDAM | ATLANTA | AUSTIN | BOSTON | BOCA RATON | CHICAGO | DALLAS | DELAWARE | DENVER FORT LAUDERDALE | HOUSTON | LAS VEGAS | LONDON | LOS ANGELES | MEXICO CITY+ | MIAMI | NEW JERSEY | NEW YORK ORANGE COUNTY | ORLANDO | PHILADELPHIA | PHOENIX | SACRAMENTO | SAN FRANCISCO | SHANGHAI | SILICON VALLEY TALLAHASSEE | TAMPA | TEL AVIV^ | TYSONS CORNER | WARSAW~ | WASHINGTON DC | WEST PALM BEACH | WHITE PLAINS

Greenberg Traurig is a service mark and trade name of Greenberg Traurig LLP and Greenberg Traurig PA copy2012 Greenberg Traurig LLP Attorneys at Law All rights reserved Contact Cesar L Alvarez in Miami at 3055790500 Operates as Greenberg Traurig Maher LLP +Operates as Greenberg Traurig SC ^Operates as a branch of Greenberg Traurig PA Florida USA ~Greenberg Traurigrsquos Warsaw office is operated by Greenberg Traurig Grzesiak spk an affiliate of Greenberg Traurig PA and Greenberg Traurig LLP degThese numbers are subject to fluctuation 15201

local knowledge

global reach

1750 ATTORNEYS 35 LOCATIONSdeg WWWGTLAWCOM

35 locationseurope | the middle east the americas asia

15201-0812-MIA-gtFRM_v12indd 1 952012 60350 PM

8 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

residential retail office and hotel project Two new condominium high-rises have bro-ken ground The residential condominium occupancy rate in downtown is 93

All of this would have been inconceivable as little as five years ago when downtown rolled up the sidewalks at night as area workers went home to the suburbs As the real estate market crashed in 2008 it ap-peared that downtown had suffered one of the worst spates of overbuilding in the state Developers had built nearly 22000 condos there between 2004 and 2008 but only 62 were occupied mdash leaving 10 yearsrsquo worth of inventory Adding insult to injury in 2010 the completion of two new office buildings brought 1 million square feet of new office space into the market and nobody was rent-ing Office vacancies soared to 20

It looked like downtown Miami on the verge of becoming a true liveworkplay area for years would continue to hover in the realm of places people worked in dur-

ing the day and fled from at night The only difference would be the thousands of vacant condos and thousands of square feet of vacant office space serving as a reminder of the real estate boomrsquos folly

But the story took a turn few expected As lenders took over developersrsquo buildings and developers held fire sales on their unsold units prices for condos in downtown began dropping fast Suddenly young profession-als could afford to buy new units there close to their offices and just across the causeway from South Beach Investors too took notice Latin Americans and later Europeans began buying up con-do units to rent out to those same young professionals lured in part by prices that were far lower than in Miami Beach or Coral Gables

With more residents came new restaurants and retail and exist-ing eateries began extending their

hours to serve weeknight diners Things happened most quickly in the Brickell section of downtown once known as the financial district In 2006 the retail and res-taurant development Mary Brickell Village opened in that area bringing in new dining options to compete with Perriconersquos which had stood nearly alone for almost a decade Slowly a happy-hour and dinner scene began forming And as new residents started moving in the whole Brickell area devel-

Department store La Epoca targets young urban professionals who work downtown

ldquoIf the roads are better if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new

communitiesrdquomdash Jacky Teplitzky associate broker

Douglas Elliman Florida

floridatrendcom october 2012 9

pedestrian-unfriendly The city has to con-tinue to improve security and infrastructure says Jacky Teplitzky an associate broker for Douglas Elliman Florida ldquoIf the roads are bet-ter if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new communitiesrdquo she explains ldquoThey still have to work a bit more on that in order to make it very appealing for the local communityrdquo

But most investors in the area are fairly

happy Arriola and his partners acquired Apollo Bank in 2010 and the Brickell head-quarters came with it When they were doing their due diligence at the bank the year before theyrsquod walk out at night and see no lights on anywhere Still they thought the downtown headquarters was ldquoa good ideardquo Arriola says ldquoBut it turned out awesome Itrsquos become a far more central and far more interesting place than we had anticipatedrdquo

oped a nightlife It spread far more slowly to the area north of the Miami River often referred to as downtownrsquos central business district but restaurants and lounges there began keeping late hours too

Longtime retailers north of the river have felt the change Department store La Epoca has been a fixture in downtownrsquos Flagler area since 1965 Once most of its custom-ers were foreign tourists Today itrsquos a much more local crowd ldquoTraditionally we always had our hours until 6 pm Wersquove already pushed it to 7 and wersquore getting ready to go to 8rdquo says Brian Alonso whose family owns the store which focuses on serving the young urban professionals who work down-town and higher-income tourists drawn by downtownrsquos luxury hotels ldquoNow with all the restaurant options in the area itrsquos just becoming full of energyrdquo Alonso says

The energy is drawing businesses too says Donald Cartwright senior vice president with Jones Lang LaSalle ldquoWersquore definitely seeing more tenants looking at the downtown area than would have looked at downtown before the level of amenities and residential constructionrdquo he says ldquoThe single biggest difference what has also stimulated so much more other activity and development has been the explosion of quality residential housing in downtownrdquo

The activity has garnered international notice Last year Malaysian casino giant Genting made a huge splash when it paid nearly $400 million for 30 acres much of it along Biscayne Bay in the northern part of downtown It planned to develop a 5200-room destination resort there and hoped to have a major casino But when state law-makers shot that prospect down the com-pany downscaled its plans to a 500-room luxury hotel and two condo towers

Downtown still isnrsquot where it needs to be Despite repeated changes to traffic pat-terns itrsquos difficult to drive around Parking can be extremely expensive by Miami-Dade standards and some areas are still

Who Works Heregt 9143 downtown

businesses 96 of them small businesses bring in an estimated $185 billion in revenue

GRAY MATTER MATTERS

CELEBRATING OUR 40TH ANNIVERSARY

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10 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

photographs Jamie Rae top Bill Wisser bottom

Economic Life International Players

International business drives downtownrsquos economy from the port to the law firms and international banks that make up so many of its largest employers Latin Americans are the strongest buyers of residential real estate with Europeans also in the mix Spanish companies have become a part of the fabric of the business community and therersquos been quite a bit of Mexican investment and relocation especially north of the Miami River Downtown has international banks from 18 nations 20 consulates 26 foreign trade offices and 17 international trade organizations and chambers of commerce

ldquoItrsquos not just the bankers anymorerdquo says Philippe Houdard co-founder of Pipeline Brickell a co-working space that will open this fall in the Brickell district ldquoYou have a lot of young people that live here You have a lot of creative people that have come to this part of town You have a lot of people starting companies You have a lot of entrepreneurs You have this real mix and thatrsquos newrdquo

Banking

Downtown is the second-largest international banking center in the US (New York is No 1) and an address in

the Brickell Financial District is prestigious in the industry City National Bank is the largest bank based downtown and has three of its 26 branches there Banks arenrsquot the only financial institutions HIG Capital Management a private equity and venture capital company with annual revenue of more than $1 billion is based in the Brickell area

Law Firms

Among the law firms with longtime headquarters downtown is Bilzin Sumberg Baena Price amp Axelrod which in 2008 became the first tenant to sign a lease at 1450 Brickell one of the three new towers then under construction It just signed a lease to expand beyond the 80000 square feet it had taken That same year law firm Greenberg Traurig became the first marquee tenant in another under-construction tower taking 125000 square feet in what is now the Wells Fargo Center Akerman Senterfitt with dual headquarters in Miami and Orlando is downtownrsquos sixth-largest employer Downtown is also the preferred location for most national and international law firms opening offices in south Florida In just one building mdash Southeast Financial Center (formerly known as Wachovia Center) mdash six of the worldrsquos top 25 law firms have space

Eleven cruise lines call Port of Miami home The port handles more than 4 million cruise passengers a year

Todd Oretsky (left) and Philippe Houdard founded Pipeline Brickell which provides shared office space

floridatrendcom october 2012 11

Port of Miami

More than 4 million cruise passengers pass through the port each year Eleven cruise lines homeport there and cargo flows to 100 countries Nearly $6 billion in improvements is under way at the port including a deep dredge to accommodate ships large enough to transit the Panama Canal once itrsquos widened in 2014 A tunnel will route trucks directly from the port to highways bypassing downtownrsquos streets And a direct rail link into the port will further reduce the number of trucks that clog downtown roadways The county-owned port has proposed commercial development on some of its waterfront property including a hotel and office tower to serve cruise passengers and businesses at the port as well as a yacht harbor Port traffic could double by 2025

Office Market

Downtownrsquos office market remains a major economic challenge with nearly 3 million square feet unoccupied that will take time

to absorb In large part thatrsquos because of a lot of new space on the market In 2010 developers delivered more than 1 million square feet of space in two buildings that had been planned during the boom and in 2011 another 615000 square feet came to market with the completion of a third high-rise Itrsquos expected to remain a tenantrsquos market for a couple of years But says Jones Lang LaSallersquos Donald Cartwright downtown remains attractive to investors from national institutional investors to major local property owners to foreign investors (who have been particularly interested in land recently) And older ldquotrophyrdquo properties have low vacancy rates

gt Total Office Space 146 million square feet

gt Vacancy Rate (June 2012) 20 down from its peak of 24 in 2011

gt Class A Asking Rental Rate (June 2012) $4316 per square foot down from $4366 at mid-2011

gt Leasing Activity 2009 416165 square feet 2010 762681 square feet 2011 1000000 square feet 2012 Jan-June 517046 square feet

Residential Real Estate

While young professionals occupy most of downtownrsquos condos and apartments the luxury market is strong enough that high-end ONE Sothebyrsquos International Realty opened an office in the Brickell area in March And itrsquos part of the reason that nine residential towers mdash about 4100 units mdash were proposed or are under construction downtown

gt Condo occupancy 93

gt Average Sales Price (2011) $370003 up 64 from 2010 Prices have risen by an average of 10 per year since 2009

gt Average Rent (2011) $2112 per month up 13 from 2010

gt Condos Leased (April 2011-March 2012) 4584

Miami Manchester Dubai Shanghai Singapore Hong Kong

Advance your Career ndash michaellangleymbsacuk

305-600-2474 wwwmbsacukmiami

Think GlobalhellipThink ManchesterManchester Business School ranked as one of the best in the world by Financial Times and the Economist delivers a part-time Global MBA that blends robust academic theory and practical applied experience in a flexible learning environment

Miami classes begin in January and July

In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

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HOME MORTGAGE | VACATION HOME MORTGAGE | REFINANCING YOUR MORTGAGE

Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

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SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

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Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

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18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

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The Distributor of ChoiceCommitted to the Responsible Sales

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TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

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ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 5: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

floridatrendcom october 2012 5

By Rochelle Broder-Singer

photograph Scott B Smith

6 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

left photograph Scott B Smith

Miami MaturesPeople are living in downtown Miami

mdash really living More than 70000 mostly young professionals now call downtown home up more than 70 from a decade ago A solid dining and nightlife scene has emerged to serve them along with a strengthening retail scene An area that once had no supermarkets now has four Publix stores A Whole Foods will open

late next year This summer the county started a ldquotrolleyrdquo bus that shuttles pas-sengers around downtown and a light-rail link to Miami International Airport Office occupancy rates are holding steady despite the recent completion of a 600000-sq-ft building and hotels downtown have geared up to serve growing numbers of business and leisure travelers The Adrienne Arsht

Center for the Performing Arts is busy almost every night with performances and this year the Miami Heat celebrated their championship win with a parade through downtownrsquos crowded streets

ldquoThe energy is just incrediblerdquo says Eddy Arriola chairman of Apollo Bank a com-munity bank headquartered downtown Itrsquos an energy he says that crosses both resi-dential and business communities ldquoThe fact that you can walk to more than one grocery store a Walgreens a CVS mdash the big and little institutions that you need to have a great city are either in place or theyrsquore shortly comingrdquo he explains ldquoEntrepreneurs hellip in many cases they want to live near their office and they spend a lot of time there Now that wersquore a 24-hour city and people can live work and play wersquore seeing it really explode in terms of new businessrdquo

Real estate prices are booming again and developers are announcing new projects at a rate that some say feels like a brand-new bubble Hong Kong-based Swire Properties has already broken ground on what will eventually be a 56-million-sq-ft mixed-use

ldquoNow that wersquore a 24-hour city and people can live work and play

wersquore seeing it really explode in

terms of new businessrdquo

mdash Eddy Arriola chairman Apollo Bank

Downtownrsquos AreasDowntown can be divided into roughly three areas

gt The northernmost is the arts and entertainment district home of the Adrienne Arsht Center for the Performing Arts

gt In the middle is the central business district which continues south to the Miami River

gt South of the Miami River is the Brickell area

The Four Seasons Hotel (center) is one of downtownrsquos largest employers

Founded in 1967 in Miami Greenberg Traurig is home to a multidisciplinary legal team with deep Florida roots With a global footprint of 35 offices and 1750 attorneys mdash including seven Florida offices mdash we provide strategic counsel and legal services to local national and international private and public sector clients

ALBANY | AMSTERDAM | ATLANTA | AUSTIN | BOSTON | BOCA RATON | CHICAGO | DALLAS | DELAWARE | DENVER FORT LAUDERDALE | HOUSTON | LAS VEGAS | LONDON | LOS ANGELES | MEXICO CITY+ | MIAMI | NEW JERSEY | NEW YORK ORANGE COUNTY | ORLANDO | PHILADELPHIA | PHOENIX | SACRAMENTO | SAN FRANCISCO | SHANGHAI | SILICON VALLEY TALLAHASSEE | TAMPA | TEL AVIV^ | TYSONS CORNER | WARSAW~ | WASHINGTON DC | WEST PALM BEACH | WHITE PLAINS

Greenberg Traurig is a service mark and trade name of Greenberg Traurig LLP and Greenberg Traurig PA copy2012 Greenberg Traurig LLP Attorneys at Law All rights reserved Contact Cesar L Alvarez in Miami at 3055790500 Operates as Greenberg Traurig Maher LLP +Operates as Greenberg Traurig SC ^Operates as a branch of Greenberg Traurig PA Florida USA ~Greenberg Traurigrsquos Warsaw office is operated by Greenberg Traurig Grzesiak spk an affiliate of Greenberg Traurig PA and Greenberg Traurig LLP degThese numbers are subject to fluctuation 15201

local knowledge

global reach

1750 ATTORNEYS 35 LOCATIONSdeg WWWGTLAWCOM

35 locationseurope | the middle east the americas asia

15201-0812-MIA-gtFRM_v12indd 1 952012 60350 PM

8 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

residential retail office and hotel project Two new condominium high-rises have bro-ken ground The residential condominium occupancy rate in downtown is 93

All of this would have been inconceivable as little as five years ago when downtown rolled up the sidewalks at night as area workers went home to the suburbs As the real estate market crashed in 2008 it ap-peared that downtown had suffered one of the worst spates of overbuilding in the state Developers had built nearly 22000 condos there between 2004 and 2008 but only 62 were occupied mdash leaving 10 yearsrsquo worth of inventory Adding insult to injury in 2010 the completion of two new office buildings brought 1 million square feet of new office space into the market and nobody was rent-ing Office vacancies soared to 20

It looked like downtown Miami on the verge of becoming a true liveworkplay area for years would continue to hover in the realm of places people worked in dur-

ing the day and fled from at night The only difference would be the thousands of vacant condos and thousands of square feet of vacant office space serving as a reminder of the real estate boomrsquos folly

But the story took a turn few expected As lenders took over developersrsquo buildings and developers held fire sales on their unsold units prices for condos in downtown began dropping fast Suddenly young profession-als could afford to buy new units there close to their offices and just across the causeway from South Beach Investors too took notice Latin Americans and later Europeans began buying up con-do units to rent out to those same young professionals lured in part by prices that were far lower than in Miami Beach or Coral Gables

With more residents came new restaurants and retail and exist-ing eateries began extending their

hours to serve weeknight diners Things happened most quickly in the Brickell section of downtown once known as the financial district In 2006 the retail and res-taurant development Mary Brickell Village opened in that area bringing in new dining options to compete with Perriconersquos which had stood nearly alone for almost a decade Slowly a happy-hour and dinner scene began forming And as new residents started moving in the whole Brickell area devel-

Department store La Epoca targets young urban professionals who work downtown

ldquoIf the roads are better if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new

communitiesrdquomdash Jacky Teplitzky associate broker

Douglas Elliman Florida

floridatrendcom october 2012 9

pedestrian-unfriendly The city has to con-tinue to improve security and infrastructure says Jacky Teplitzky an associate broker for Douglas Elliman Florida ldquoIf the roads are bet-ter if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new communitiesrdquo she explains ldquoThey still have to work a bit more on that in order to make it very appealing for the local communityrdquo

But most investors in the area are fairly

happy Arriola and his partners acquired Apollo Bank in 2010 and the Brickell head-quarters came with it When they were doing their due diligence at the bank the year before theyrsquod walk out at night and see no lights on anywhere Still they thought the downtown headquarters was ldquoa good ideardquo Arriola says ldquoBut it turned out awesome Itrsquos become a far more central and far more interesting place than we had anticipatedrdquo

oped a nightlife It spread far more slowly to the area north of the Miami River often referred to as downtownrsquos central business district but restaurants and lounges there began keeping late hours too

Longtime retailers north of the river have felt the change Department store La Epoca has been a fixture in downtownrsquos Flagler area since 1965 Once most of its custom-ers were foreign tourists Today itrsquos a much more local crowd ldquoTraditionally we always had our hours until 6 pm Wersquove already pushed it to 7 and wersquore getting ready to go to 8rdquo says Brian Alonso whose family owns the store which focuses on serving the young urban professionals who work down-town and higher-income tourists drawn by downtownrsquos luxury hotels ldquoNow with all the restaurant options in the area itrsquos just becoming full of energyrdquo Alonso says

The energy is drawing businesses too says Donald Cartwright senior vice president with Jones Lang LaSalle ldquoWersquore definitely seeing more tenants looking at the downtown area than would have looked at downtown before the level of amenities and residential constructionrdquo he says ldquoThe single biggest difference what has also stimulated so much more other activity and development has been the explosion of quality residential housing in downtownrdquo

The activity has garnered international notice Last year Malaysian casino giant Genting made a huge splash when it paid nearly $400 million for 30 acres much of it along Biscayne Bay in the northern part of downtown It planned to develop a 5200-room destination resort there and hoped to have a major casino But when state law-makers shot that prospect down the com-pany downscaled its plans to a 500-room luxury hotel and two condo towers

Downtown still isnrsquot where it needs to be Despite repeated changes to traffic pat-terns itrsquos difficult to drive around Parking can be extremely expensive by Miami-Dade standards and some areas are still

Who Works Heregt 9143 downtown

businesses 96 of them small businesses bring in an estimated $185 billion in revenue

GRAY MATTER MATTERS

CELEBRATING OUR 40TH ANNIVERSARY

Since 1972 the Intellectual Property law firm of

Allen Dyer Doppelt Milbrath amp Gilchrist PA has

protected the intrinsic rights of new technologies

and original ideas through the application of

trademarks copyrights patents licensing

infringement amp trade secrets protection

and unfair competition litigation

Protect your next

brainstorm with

the brain trust of

an experienced

IP firm

Contact us today

to learn more

Orlando bull 4078412330

Miami bull 3053748303

Jacksonville bull 9043987000

Melbourne bull 3217254760

Tampa bull 8136394222

Winter Springs bull 4077965064

wwwaddmgcom

DoppeltMilbrath ampGilchrist pa

Allen Dyer

amp

10 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

photographs Jamie Rae top Bill Wisser bottom

Economic Life International Players

International business drives downtownrsquos economy from the port to the law firms and international banks that make up so many of its largest employers Latin Americans are the strongest buyers of residential real estate with Europeans also in the mix Spanish companies have become a part of the fabric of the business community and therersquos been quite a bit of Mexican investment and relocation especially north of the Miami River Downtown has international banks from 18 nations 20 consulates 26 foreign trade offices and 17 international trade organizations and chambers of commerce

ldquoItrsquos not just the bankers anymorerdquo says Philippe Houdard co-founder of Pipeline Brickell a co-working space that will open this fall in the Brickell district ldquoYou have a lot of young people that live here You have a lot of creative people that have come to this part of town You have a lot of people starting companies You have a lot of entrepreneurs You have this real mix and thatrsquos newrdquo

Banking

Downtown is the second-largest international banking center in the US (New York is No 1) and an address in

the Brickell Financial District is prestigious in the industry City National Bank is the largest bank based downtown and has three of its 26 branches there Banks arenrsquot the only financial institutions HIG Capital Management a private equity and venture capital company with annual revenue of more than $1 billion is based in the Brickell area

Law Firms

Among the law firms with longtime headquarters downtown is Bilzin Sumberg Baena Price amp Axelrod which in 2008 became the first tenant to sign a lease at 1450 Brickell one of the three new towers then under construction It just signed a lease to expand beyond the 80000 square feet it had taken That same year law firm Greenberg Traurig became the first marquee tenant in another under-construction tower taking 125000 square feet in what is now the Wells Fargo Center Akerman Senterfitt with dual headquarters in Miami and Orlando is downtownrsquos sixth-largest employer Downtown is also the preferred location for most national and international law firms opening offices in south Florida In just one building mdash Southeast Financial Center (formerly known as Wachovia Center) mdash six of the worldrsquos top 25 law firms have space

Eleven cruise lines call Port of Miami home The port handles more than 4 million cruise passengers a year

Todd Oretsky (left) and Philippe Houdard founded Pipeline Brickell which provides shared office space

floridatrendcom october 2012 11

Port of Miami

More than 4 million cruise passengers pass through the port each year Eleven cruise lines homeport there and cargo flows to 100 countries Nearly $6 billion in improvements is under way at the port including a deep dredge to accommodate ships large enough to transit the Panama Canal once itrsquos widened in 2014 A tunnel will route trucks directly from the port to highways bypassing downtownrsquos streets And a direct rail link into the port will further reduce the number of trucks that clog downtown roadways The county-owned port has proposed commercial development on some of its waterfront property including a hotel and office tower to serve cruise passengers and businesses at the port as well as a yacht harbor Port traffic could double by 2025

Office Market

Downtownrsquos office market remains a major economic challenge with nearly 3 million square feet unoccupied that will take time

to absorb In large part thatrsquos because of a lot of new space on the market In 2010 developers delivered more than 1 million square feet of space in two buildings that had been planned during the boom and in 2011 another 615000 square feet came to market with the completion of a third high-rise Itrsquos expected to remain a tenantrsquos market for a couple of years But says Jones Lang LaSallersquos Donald Cartwright downtown remains attractive to investors from national institutional investors to major local property owners to foreign investors (who have been particularly interested in land recently) And older ldquotrophyrdquo properties have low vacancy rates

gt Total Office Space 146 million square feet

gt Vacancy Rate (June 2012) 20 down from its peak of 24 in 2011

gt Class A Asking Rental Rate (June 2012) $4316 per square foot down from $4366 at mid-2011

gt Leasing Activity 2009 416165 square feet 2010 762681 square feet 2011 1000000 square feet 2012 Jan-June 517046 square feet

Residential Real Estate

While young professionals occupy most of downtownrsquos condos and apartments the luxury market is strong enough that high-end ONE Sothebyrsquos International Realty opened an office in the Brickell area in March And itrsquos part of the reason that nine residential towers mdash about 4100 units mdash were proposed or are under construction downtown

gt Condo occupancy 93

gt Average Sales Price (2011) $370003 up 64 from 2010 Prices have risen by an average of 10 per year since 2009

gt Average Rent (2011) $2112 per month up 13 from 2010

gt Condos Leased (April 2011-March 2012) 4584

Miami Manchester Dubai Shanghai Singapore Hong Kong

Advance your Career ndash michaellangleymbsacuk

305-600-2474 wwwmbsacukmiami

Think GlobalhellipThink ManchesterManchester Business School ranked as one of the best in the world by Financial Times and the Economist delivers a part-time Global MBA that blends robust academic theory and practical applied experience in a flexible learning environment

Miami classes begin in January and July

In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

for modern times a classic banktrade

Sabadell_TrendAd_0904NEWindd 2 9512 229 PM

HOME MORTGAGE | VACATION HOME MORTGAGE | REFINANCING YOUR MORTGAGE

Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

YOUR DREAM HOME

DESERVESA DREAM

MORTGAGE

FOR MODERN TIMES A CLASSIC BANK

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

trade

Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

bull Owner Occupied Mortgagesbull Treasury Managementbull Merchant Services

We are really lending

We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

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ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 6: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

6 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

left photograph Scott B Smith

Miami MaturesPeople are living in downtown Miami

mdash really living More than 70000 mostly young professionals now call downtown home up more than 70 from a decade ago A solid dining and nightlife scene has emerged to serve them along with a strengthening retail scene An area that once had no supermarkets now has four Publix stores A Whole Foods will open

late next year This summer the county started a ldquotrolleyrdquo bus that shuttles pas-sengers around downtown and a light-rail link to Miami International Airport Office occupancy rates are holding steady despite the recent completion of a 600000-sq-ft building and hotels downtown have geared up to serve growing numbers of business and leisure travelers The Adrienne Arsht

Center for the Performing Arts is busy almost every night with performances and this year the Miami Heat celebrated their championship win with a parade through downtownrsquos crowded streets

ldquoThe energy is just incrediblerdquo says Eddy Arriola chairman of Apollo Bank a com-munity bank headquartered downtown Itrsquos an energy he says that crosses both resi-dential and business communities ldquoThe fact that you can walk to more than one grocery store a Walgreens a CVS mdash the big and little institutions that you need to have a great city are either in place or theyrsquore shortly comingrdquo he explains ldquoEntrepreneurs hellip in many cases they want to live near their office and they spend a lot of time there Now that wersquore a 24-hour city and people can live work and play wersquore seeing it really explode in terms of new businessrdquo

Real estate prices are booming again and developers are announcing new projects at a rate that some say feels like a brand-new bubble Hong Kong-based Swire Properties has already broken ground on what will eventually be a 56-million-sq-ft mixed-use

ldquoNow that wersquore a 24-hour city and people can live work and play

wersquore seeing it really explode in

terms of new businessrdquo

mdash Eddy Arriola chairman Apollo Bank

Downtownrsquos AreasDowntown can be divided into roughly three areas

gt The northernmost is the arts and entertainment district home of the Adrienne Arsht Center for the Performing Arts

gt In the middle is the central business district which continues south to the Miami River

gt South of the Miami River is the Brickell area

The Four Seasons Hotel (center) is one of downtownrsquos largest employers

Founded in 1967 in Miami Greenberg Traurig is home to a multidisciplinary legal team with deep Florida roots With a global footprint of 35 offices and 1750 attorneys mdash including seven Florida offices mdash we provide strategic counsel and legal services to local national and international private and public sector clients

ALBANY | AMSTERDAM | ATLANTA | AUSTIN | BOSTON | BOCA RATON | CHICAGO | DALLAS | DELAWARE | DENVER FORT LAUDERDALE | HOUSTON | LAS VEGAS | LONDON | LOS ANGELES | MEXICO CITY+ | MIAMI | NEW JERSEY | NEW YORK ORANGE COUNTY | ORLANDO | PHILADELPHIA | PHOENIX | SACRAMENTO | SAN FRANCISCO | SHANGHAI | SILICON VALLEY TALLAHASSEE | TAMPA | TEL AVIV^ | TYSONS CORNER | WARSAW~ | WASHINGTON DC | WEST PALM BEACH | WHITE PLAINS

Greenberg Traurig is a service mark and trade name of Greenberg Traurig LLP and Greenberg Traurig PA copy2012 Greenberg Traurig LLP Attorneys at Law All rights reserved Contact Cesar L Alvarez in Miami at 3055790500 Operates as Greenberg Traurig Maher LLP +Operates as Greenberg Traurig SC ^Operates as a branch of Greenberg Traurig PA Florida USA ~Greenberg Traurigrsquos Warsaw office is operated by Greenberg Traurig Grzesiak spk an affiliate of Greenberg Traurig PA and Greenberg Traurig LLP degThese numbers are subject to fluctuation 15201

local knowledge

global reach

1750 ATTORNEYS 35 LOCATIONSdeg WWWGTLAWCOM

35 locationseurope | the middle east the americas asia

15201-0812-MIA-gtFRM_v12indd 1 952012 60350 PM

8 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

residential retail office and hotel project Two new condominium high-rises have bro-ken ground The residential condominium occupancy rate in downtown is 93

All of this would have been inconceivable as little as five years ago when downtown rolled up the sidewalks at night as area workers went home to the suburbs As the real estate market crashed in 2008 it ap-peared that downtown had suffered one of the worst spates of overbuilding in the state Developers had built nearly 22000 condos there between 2004 and 2008 but only 62 were occupied mdash leaving 10 yearsrsquo worth of inventory Adding insult to injury in 2010 the completion of two new office buildings brought 1 million square feet of new office space into the market and nobody was rent-ing Office vacancies soared to 20

It looked like downtown Miami on the verge of becoming a true liveworkplay area for years would continue to hover in the realm of places people worked in dur-

ing the day and fled from at night The only difference would be the thousands of vacant condos and thousands of square feet of vacant office space serving as a reminder of the real estate boomrsquos folly

But the story took a turn few expected As lenders took over developersrsquo buildings and developers held fire sales on their unsold units prices for condos in downtown began dropping fast Suddenly young profession-als could afford to buy new units there close to their offices and just across the causeway from South Beach Investors too took notice Latin Americans and later Europeans began buying up con-do units to rent out to those same young professionals lured in part by prices that were far lower than in Miami Beach or Coral Gables

With more residents came new restaurants and retail and exist-ing eateries began extending their

hours to serve weeknight diners Things happened most quickly in the Brickell section of downtown once known as the financial district In 2006 the retail and res-taurant development Mary Brickell Village opened in that area bringing in new dining options to compete with Perriconersquos which had stood nearly alone for almost a decade Slowly a happy-hour and dinner scene began forming And as new residents started moving in the whole Brickell area devel-

Department store La Epoca targets young urban professionals who work downtown

ldquoIf the roads are better if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new

communitiesrdquomdash Jacky Teplitzky associate broker

Douglas Elliman Florida

floridatrendcom october 2012 9

pedestrian-unfriendly The city has to con-tinue to improve security and infrastructure says Jacky Teplitzky an associate broker for Douglas Elliman Florida ldquoIf the roads are bet-ter if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new communitiesrdquo she explains ldquoThey still have to work a bit more on that in order to make it very appealing for the local communityrdquo

But most investors in the area are fairly

happy Arriola and his partners acquired Apollo Bank in 2010 and the Brickell head-quarters came with it When they were doing their due diligence at the bank the year before theyrsquod walk out at night and see no lights on anywhere Still they thought the downtown headquarters was ldquoa good ideardquo Arriola says ldquoBut it turned out awesome Itrsquos become a far more central and far more interesting place than we had anticipatedrdquo

oped a nightlife It spread far more slowly to the area north of the Miami River often referred to as downtownrsquos central business district but restaurants and lounges there began keeping late hours too

Longtime retailers north of the river have felt the change Department store La Epoca has been a fixture in downtownrsquos Flagler area since 1965 Once most of its custom-ers were foreign tourists Today itrsquos a much more local crowd ldquoTraditionally we always had our hours until 6 pm Wersquove already pushed it to 7 and wersquore getting ready to go to 8rdquo says Brian Alonso whose family owns the store which focuses on serving the young urban professionals who work down-town and higher-income tourists drawn by downtownrsquos luxury hotels ldquoNow with all the restaurant options in the area itrsquos just becoming full of energyrdquo Alonso says

The energy is drawing businesses too says Donald Cartwright senior vice president with Jones Lang LaSalle ldquoWersquore definitely seeing more tenants looking at the downtown area than would have looked at downtown before the level of amenities and residential constructionrdquo he says ldquoThe single biggest difference what has also stimulated so much more other activity and development has been the explosion of quality residential housing in downtownrdquo

The activity has garnered international notice Last year Malaysian casino giant Genting made a huge splash when it paid nearly $400 million for 30 acres much of it along Biscayne Bay in the northern part of downtown It planned to develop a 5200-room destination resort there and hoped to have a major casino But when state law-makers shot that prospect down the com-pany downscaled its plans to a 500-room luxury hotel and two condo towers

Downtown still isnrsquot where it needs to be Despite repeated changes to traffic pat-terns itrsquos difficult to drive around Parking can be extremely expensive by Miami-Dade standards and some areas are still

Who Works Heregt 9143 downtown

businesses 96 of them small businesses bring in an estimated $185 billion in revenue

GRAY MATTER MATTERS

CELEBRATING OUR 40TH ANNIVERSARY

Since 1972 the Intellectual Property law firm of

Allen Dyer Doppelt Milbrath amp Gilchrist PA has

protected the intrinsic rights of new technologies

and original ideas through the application of

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and unfair competition litigation

Protect your next

brainstorm with

the brain trust of

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Contact us today

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Allen Dyer

amp

10 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

photographs Jamie Rae top Bill Wisser bottom

Economic Life International Players

International business drives downtownrsquos economy from the port to the law firms and international banks that make up so many of its largest employers Latin Americans are the strongest buyers of residential real estate with Europeans also in the mix Spanish companies have become a part of the fabric of the business community and therersquos been quite a bit of Mexican investment and relocation especially north of the Miami River Downtown has international banks from 18 nations 20 consulates 26 foreign trade offices and 17 international trade organizations and chambers of commerce

ldquoItrsquos not just the bankers anymorerdquo says Philippe Houdard co-founder of Pipeline Brickell a co-working space that will open this fall in the Brickell district ldquoYou have a lot of young people that live here You have a lot of creative people that have come to this part of town You have a lot of people starting companies You have a lot of entrepreneurs You have this real mix and thatrsquos newrdquo

Banking

Downtown is the second-largest international banking center in the US (New York is No 1) and an address in

the Brickell Financial District is prestigious in the industry City National Bank is the largest bank based downtown and has three of its 26 branches there Banks arenrsquot the only financial institutions HIG Capital Management a private equity and venture capital company with annual revenue of more than $1 billion is based in the Brickell area

Law Firms

Among the law firms with longtime headquarters downtown is Bilzin Sumberg Baena Price amp Axelrod which in 2008 became the first tenant to sign a lease at 1450 Brickell one of the three new towers then under construction It just signed a lease to expand beyond the 80000 square feet it had taken That same year law firm Greenberg Traurig became the first marquee tenant in another under-construction tower taking 125000 square feet in what is now the Wells Fargo Center Akerman Senterfitt with dual headquarters in Miami and Orlando is downtownrsquos sixth-largest employer Downtown is also the preferred location for most national and international law firms opening offices in south Florida In just one building mdash Southeast Financial Center (formerly known as Wachovia Center) mdash six of the worldrsquos top 25 law firms have space

Eleven cruise lines call Port of Miami home The port handles more than 4 million cruise passengers a year

Todd Oretsky (left) and Philippe Houdard founded Pipeline Brickell which provides shared office space

floridatrendcom october 2012 11

Port of Miami

More than 4 million cruise passengers pass through the port each year Eleven cruise lines homeport there and cargo flows to 100 countries Nearly $6 billion in improvements is under way at the port including a deep dredge to accommodate ships large enough to transit the Panama Canal once itrsquos widened in 2014 A tunnel will route trucks directly from the port to highways bypassing downtownrsquos streets And a direct rail link into the port will further reduce the number of trucks that clog downtown roadways The county-owned port has proposed commercial development on some of its waterfront property including a hotel and office tower to serve cruise passengers and businesses at the port as well as a yacht harbor Port traffic could double by 2025

Office Market

Downtownrsquos office market remains a major economic challenge with nearly 3 million square feet unoccupied that will take time

to absorb In large part thatrsquos because of a lot of new space on the market In 2010 developers delivered more than 1 million square feet of space in two buildings that had been planned during the boom and in 2011 another 615000 square feet came to market with the completion of a third high-rise Itrsquos expected to remain a tenantrsquos market for a couple of years But says Jones Lang LaSallersquos Donald Cartwright downtown remains attractive to investors from national institutional investors to major local property owners to foreign investors (who have been particularly interested in land recently) And older ldquotrophyrdquo properties have low vacancy rates

gt Total Office Space 146 million square feet

gt Vacancy Rate (June 2012) 20 down from its peak of 24 in 2011

gt Class A Asking Rental Rate (June 2012) $4316 per square foot down from $4366 at mid-2011

gt Leasing Activity 2009 416165 square feet 2010 762681 square feet 2011 1000000 square feet 2012 Jan-June 517046 square feet

Residential Real Estate

While young professionals occupy most of downtownrsquos condos and apartments the luxury market is strong enough that high-end ONE Sothebyrsquos International Realty opened an office in the Brickell area in March And itrsquos part of the reason that nine residential towers mdash about 4100 units mdash were proposed or are under construction downtown

gt Condo occupancy 93

gt Average Sales Price (2011) $370003 up 64 from 2010 Prices have risen by an average of 10 per year since 2009

gt Average Rent (2011) $2112 per month up 13 from 2010

gt Condos Leased (April 2011-March 2012) 4584

Miami Manchester Dubai Shanghai Singapore Hong Kong

Advance your Career ndash michaellangleymbsacuk

305-600-2474 wwwmbsacukmiami

Think GlobalhellipThink ManchesterManchester Business School ranked as one of the best in the world by Financial Times and the Economist delivers a part-time Global MBA that blends robust academic theory and practical applied experience in a flexible learning environment

Miami classes begin in January and July

In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

for modern times a classic banktrade

Sabadell_TrendAd_0904NEWindd 2 9512 229 PM

HOME MORTGAGE | VACATION HOME MORTGAGE | REFINANCING YOUR MORTGAGE

Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

YOUR DREAM HOME

DESERVESA DREAM

MORTGAGE

FOR MODERN TIMES A CLASSIC BANK

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

trade

Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

bull Owner Occupied Mortgagesbull Treasury Managementbull Merchant Services

We are really lending

We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 7: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

Founded in 1967 in Miami Greenberg Traurig is home to a multidisciplinary legal team with deep Florida roots With a global footprint of 35 offices and 1750 attorneys mdash including seven Florida offices mdash we provide strategic counsel and legal services to local national and international private and public sector clients

ALBANY | AMSTERDAM | ATLANTA | AUSTIN | BOSTON | BOCA RATON | CHICAGO | DALLAS | DELAWARE | DENVER FORT LAUDERDALE | HOUSTON | LAS VEGAS | LONDON | LOS ANGELES | MEXICO CITY+ | MIAMI | NEW JERSEY | NEW YORK ORANGE COUNTY | ORLANDO | PHILADELPHIA | PHOENIX | SACRAMENTO | SAN FRANCISCO | SHANGHAI | SILICON VALLEY TALLAHASSEE | TAMPA | TEL AVIV^ | TYSONS CORNER | WARSAW~ | WASHINGTON DC | WEST PALM BEACH | WHITE PLAINS

Greenberg Traurig is a service mark and trade name of Greenberg Traurig LLP and Greenberg Traurig PA copy2012 Greenberg Traurig LLP Attorneys at Law All rights reserved Contact Cesar L Alvarez in Miami at 3055790500 Operates as Greenberg Traurig Maher LLP +Operates as Greenberg Traurig SC ^Operates as a branch of Greenberg Traurig PA Florida USA ~Greenberg Traurigrsquos Warsaw office is operated by Greenberg Traurig Grzesiak spk an affiliate of Greenberg Traurig PA and Greenberg Traurig LLP degThese numbers are subject to fluctuation 15201

local knowledge

global reach

1750 ATTORNEYS 35 LOCATIONSdeg WWWGTLAWCOM

35 locationseurope | the middle east the americas asia

15201-0812-MIA-gtFRM_v12indd 1 952012 60350 PM

8 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

residential retail office and hotel project Two new condominium high-rises have bro-ken ground The residential condominium occupancy rate in downtown is 93

All of this would have been inconceivable as little as five years ago when downtown rolled up the sidewalks at night as area workers went home to the suburbs As the real estate market crashed in 2008 it ap-peared that downtown had suffered one of the worst spates of overbuilding in the state Developers had built nearly 22000 condos there between 2004 and 2008 but only 62 were occupied mdash leaving 10 yearsrsquo worth of inventory Adding insult to injury in 2010 the completion of two new office buildings brought 1 million square feet of new office space into the market and nobody was rent-ing Office vacancies soared to 20

It looked like downtown Miami on the verge of becoming a true liveworkplay area for years would continue to hover in the realm of places people worked in dur-

ing the day and fled from at night The only difference would be the thousands of vacant condos and thousands of square feet of vacant office space serving as a reminder of the real estate boomrsquos folly

But the story took a turn few expected As lenders took over developersrsquo buildings and developers held fire sales on their unsold units prices for condos in downtown began dropping fast Suddenly young profession-als could afford to buy new units there close to their offices and just across the causeway from South Beach Investors too took notice Latin Americans and later Europeans began buying up con-do units to rent out to those same young professionals lured in part by prices that were far lower than in Miami Beach or Coral Gables

With more residents came new restaurants and retail and exist-ing eateries began extending their

hours to serve weeknight diners Things happened most quickly in the Brickell section of downtown once known as the financial district In 2006 the retail and res-taurant development Mary Brickell Village opened in that area bringing in new dining options to compete with Perriconersquos which had stood nearly alone for almost a decade Slowly a happy-hour and dinner scene began forming And as new residents started moving in the whole Brickell area devel-

Department store La Epoca targets young urban professionals who work downtown

ldquoIf the roads are better if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new

communitiesrdquomdash Jacky Teplitzky associate broker

Douglas Elliman Florida

floridatrendcom october 2012 9

pedestrian-unfriendly The city has to con-tinue to improve security and infrastructure says Jacky Teplitzky an associate broker for Douglas Elliman Florida ldquoIf the roads are bet-ter if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new communitiesrdquo she explains ldquoThey still have to work a bit more on that in order to make it very appealing for the local communityrdquo

But most investors in the area are fairly

happy Arriola and his partners acquired Apollo Bank in 2010 and the Brickell head-quarters came with it When they were doing their due diligence at the bank the year before theyrsquod walk out at night and see no lights on anywhere Still they thought the downtown headquarters was ldquoa good ideardquo Arriola says ldquoBut it turned out awesome Itrsquos become a far more central and far more interesting place than we had anticipatedrdquo

oped a nightlife It spread far more slowly to the area north of the Miami River often referred to as downtownrsquos central business district but restaurants and lounges there began keeping late hours too

Longtime retailers north of the river have felt the change Department store La Epoca has been a fixture in downtownrsquos Flagler area since 1965 Once most of its custom-ers were foreign tourists Today itrsquos a much more local crowd ldquoTraditionally we always had our hours until 6 pm Wersquove already pushed it to 7 and wersquore getting ready to go to 8rdquo says Brian Alonso whose family owns the store which focuses on serving the young urban professionals who work down-town and higher-income tourists drawn by downtownrsquos luxury hotels ldquoNow with all the restaurant options in the area itrsquos just becoming full of energyrdquo Alonso says

The energy is drawing businesses too says Donald Cartwright senior vice president with Jones Lang LaSalle ldquoWersquore definitely seeing more tenants looking at the downtown area than would have looked at downtown before the level of amenities and residential constructionrdquo he says ldquoThe single biggest difference what has also stimulated so much more other activity and development has been the explosion of quality residential housing in downtownrdquo

The activity has garnered international notice Last year Malaysian casino giant Genting made a huge splash when it paid nearly $400 million for 30 acres much of it along Biscayne Bay in the northern part of downtown It planned to develop a 5200-room destination resort there and hoped to have a major casino But when state law-makers shot that prospect down the com-pany downscaled its plans to a 500-room luxury hotel and two condo towers

Downtown still isnrsquot where it needs to be Despite repeated changes to traffic pat-terns itrsquos difficult to drive around Parking can be extremely expensive by Miami-Dade standards and some areas are still

Who Works Heregt 9143 downtown

businesses 96 of them small businesses bring in an estimated $185 billion in revenue

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10 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

photographs Jamie Rae top Bill Wisser bottom

Economic Life International Players

International business drives downtownrsquos economy from the port to the law firms and international banks that make up so many of its largest employers Latin Americans are the strongest buyers of residential real estate with Europeans also in the mix Spanish companies have become a part of the fabric of the business community and therersquos been quite a bit of Mexican investment and relocation especially north of the Miami River Downtown has international banks from 18 nations 20 consulates 26 foreign trade offices and 17 international trade organizations and chambers of commerce

ldquoItrsquos not just the bankers anymorerdquo says Philippe Houdard co-founder of Pipeline Brickell a co-working space that will open this fall in the Brickell district ldquoYou have a lot of young people that live here You have a lot of creative people that have come to this part of town You have a lot of people starting companies You have a lot of entrepreneurs You have this real mix and thatrsquos newrdquo

Banking

Downtown is the second-largest international banking center in the US (New York is No 1) and an address in

the Brickell Financial District is prestigious in the industry City National Bank is the largest bank based downtown and has three of its 26 branches there Banks arenrsquot the only financial institutions HIG Capital Management a private equity and venture capital company with annual revenue of more than $1 billion is based in the Brickell area

Law Firms

Among the law firms with longtime headquarters downtown is Bilzin Sumberg Baena Price amp Axelrod which in 2008 became the first tenant to sign a lease at 1450 Brickell one of the three new towers then under construction It just signed a lease to expand beyond the 80000 square feet it had taken That same year law firm Greenberg Traurig became the first marquee tenant in another under-construction tower taking 125000 square feet in what is now the Wells Fargo Center Akerman Senterfitt with dual headquarters in Miami and Orlando is downtownrsquos sixth-largest employer Downtown is also the preferred location for most national and international law firms opening offices in south Florida In just one building mdash Southeast Financial Center (formerly known as Wachovia Center) mdash six of the worldrsquos top 25 law firms have space

Eleven cruise lines call Port of Miami home The port handles more than 4 million cruise passengers a year

Todd Oretsky (left) and Philippe Houdard founded Pipeline Brickell which provides shared office space

floridatrendcom october 2012 11

Port of Miami

More than 4 million cruise passengers pass through the port each year Eleven cruise lines homeport there and cargo flows to 100 countries Nearly $6 billion in improvements is under way at the port including a deep dredge to accommodate ships large enough to transit the Panama Canal once itrsquos widened in 2014 A tunnel will route trucks directly from the port to highways bypassing downtownrsquos streets And a direct rail link into the port will further reduce the number of trucks that clog downtown roadways The county-owned port has proposed commercial development on some of its waterfront property including a hotel and office tower to serve cruise passengers and businesses at the port as well as a yacht harbor Port traffic could double by 2025

Office Market

Downtownrsquos office market remains a major economic challenge with nearly 3 million square feet unoccupied that will take time

to absorb In large part thatrsquos because of a lot of new space on the market In 2010 developers delivered more than 1 million square feet of space in two buildings that had been planned during the boom and in 2011 another 615000 square feet came to market with the completion of a third high-rise Itrsquos expected to remain a tenantrsquos market for a couple of years But says Jones Lang LaSallersquos Donald Cartwright downtown remains attractive to investors from national institutional investors to major local property owners to foreign investors (who have been particularly interested in land recently) And older ldquotrophyrdquo properties have low vacancy rates

gt Total Office Space 146 million square feet

gt Vacancy Rate (June 2012) 20 down from its peak of 24 in 2011

gt Class A Asking Rental Rate (June 2012) $4316 per square foot down from $4366 at mid-2011

gt Leasing Activity 2009 416165 square feet 2010 762681 square feet 2011 1000000 square feet 2012 Jan-June 517046 square feet

Residential Real Estate

While young professionals occupy most of downtownrsquos condos and apartments the luxury market is strong enough that high-end ONE Sothebyrsquos International Realty opened an office in the Brickell area in March And itrsquos part of the reason that nine residential towers mdash about 4100 units mdash were proposed or are under construction downtown

gt Condo occupancy 93

gt Average Sales Price (2011) $370003 up 64 from 2010 Prices have risen by an average of 10 per year since 2009

gt Average Rent (2011) $2112 per month up 13 from 2010

gt Condos Leased (April 2011-March 2012) 4584

Miami Manchester Dubai Shanghai Singapore Hong Kong

Advance your Career ndash michaellangleymbsacuk

305-600-2474 wwwmbsacukmiami

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Miami classes begin in January and July

In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

for modern times a classic banktrade

Sabadell_TrendAd_0904NEWindd 2 9512 229 PM

HOME MORTGAGE | VACATION HOME MORTGAGE | REFINANCING YOUR MORTGAGE

Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

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FOR MODERN TIMES A CLASSIC BANK

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

trade

Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

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We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

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Premier Beverage Company encourages you to drink responsibly

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premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 8: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

8 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

residential retail office and hotel project Two new condominium high-rises have bro-ken ground The residential condominium occupancy rate in downtown is 93

All of this would have been inconceivable as little as five years ago when downtown rolled up the sidewalks at night as area workers went home to the suburbs As the real estate market crashed in 2008 it ap-peared that downtown had suffered one of the worst spates of overbuilding in the state Developers had built nearly 22000 condos there between 2004 and 2008 but only 62 were occupied mdash leaving 10 yearsrsquo worth of inventory Adding insult to injury in 2010 the completion of two new office buildings brought 1 million square feet of new office space into the market and nobody was rent-ing Office vacancies soared to 20

It looked like downtown Miami on the verge of becoming a true liveworkplay area for years would continue to hover in the realm of places people worked in dur-

ing the day and fled from at night The only difference would be the thousands of vacant condos and thousands of square feet of vacant office space serving as a reminder of the real estate boomrsquos folly

But the story took a turn few expected As lenders took over developersrsquo buildings and developers held fire sales on their unsold units prices for condos in downtown began dropping fast Suddenly young profession-als could afford to buy new units there close to their offices and just across the causeway from South Beach Investors too took notice Latin Americans and later Europeans began buying up con-do units to rent out to those same young professionals lured in part by prices that were far lower than in Miami Beach or Coral Gables

With more residents came new restaurants and retail and exist-ing eateries began extending their

hours to serve weeknight diners Things happened most quickly in the Brickell section of downtown once known as the financial district In 2006 the retail and res-taurant development Mary Brickell Village opened in that area bringing in new dining options to compete with Perriconersquos which had stood nearly alone for almost a decade Slowly a happy-hour and dinner scene began forming And as new residents started moving in the whole Brickell area devel-

Department store La Epoca targets young urban professionals who work downtown

ldquoIf the roads are better if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new

communitiesrdquomdash Jacky Teplitzky associate broker

Douglas Elliman Florida

floridatrendcom october 2012 9

pedestrian-unfriendly The city has to con-tinue to improve security and infrastructure says Jacky Teplitzky an associate broker for Douglas Elliman Florida ldquoIf the roads are bet-ter if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new communitiesrdquo she explains ldquoThey still have to work a bit more on that in order to make it very appealing for the local communityrdquo

But most investors in the area are fairly

happy Arriola and his partners acquired Apollo Bank in 2010 and the Brickell head-quarters came with it When they were doing their due diligence at the bank the year before theyrsquod walk out at night and see no lights on anywhere Still they thought the downtown headquarters was ldquoa good ideardquo Arriola says ldquoBut it turned out awesome Itrsquos become a far more central and far more interesting place than we had anticipatedrdquo

oped a nightlife It spread far more slowly to the area north of the Miami River often referred to as downtownrsquos central business district but restaurants and lounges there began keeping late hours too

Longtime retailers north of the river have felt the change Department store La Epoca has been a fixture in downtownrsquos Flagler area since 1965 Once most of its custom-ers were foreign tourists Today itrsquos a much more local crowd ldquoTraditionally we always had our hours until 6 pm Wersquove already pushed it to 7 and wersquore getting ready to go to 8rdquo says Brian Alonso whose family owns the store which focuses on serving the young urban professionals who work down-town and higher-income tourists drawn by downtownrsquos luxury hotels ldquoNow with all the restaurant options in the area itrsquos just becoming full of energyrdquo Alonso says

The energy is drawing businesses too says Donald Cartwright senior vice president with Jones Lang LaSalle ldquoWersquore definitely seeing more tenants looking at the downtown area than would have looked at downtown before the level of amenities and residential constructionrdquo he says ldquoThe single biggest difference what has also stimulated so much more other activity and development has been the explosion of quality residential housing in downtownrdquo

The activity has garnered international notice Last year Malaysian casino giant Genting made a huge splash when it paid nearly $400 million for 30 acres much of it along Biscayne Bay in the northern part of downtown It planned to develop a 5200-room destination resort there and hoped to have a major casino But when state law-makers shot that prospect down the com-pany downscaled its plans to a 500-room luxury hotel and two condo towers

Downtown still isnrsquot where it needs to be Despite repeated changes to traffic pat-terns itrsquos difficult to drive around Parking can be extremely expensive by Miami-Dade standards and some areas are still

Who Works Heregt 9143 downtown

businesses 96 of them small businesses bring in an estimated $185 billion in revenue

GRAY MATTER MATTERS

CELEBRATING OUR 40TH ANNIVERSARY

Since 1972 the Intellectual Property law firm of

Allen Dyer Doppelt Milbrath amp Gilchrist PA has

protected the intrinsic rights of new technologies

and original ideas through the application of

trademarks copyrights patents licensing

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and unfair competition litigation

Protect your next

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IP firm

Contact us today

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Orlando bull 4078412330

Miami bull 3053748303

Jacksonville bull 9043987000

Melbourne bull 3217254760

Tampa bull 8136394222

Winter Springs bull 4077965064

wwwaddmgcom

DoppeltMilbrath ampGilchrist pa

Allen Dyer

amp

10 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

photographs Jamie Rae top Bill Wisser bottom

Economic Life International Players

International business drives downtownrsquos economy from the port to the law firms and international banks that make up so many of its largest employers Latin Americans are the strongest buyers of residential real estate with Europeans also in the mix Spanish companies have become a part of the fabric of the business community and therersquos been quite a bit of Mexican investment and relocation especially north of the Miami River Downtown has international banks from 18 nations 20 consulates 26 foreign trade offices and 17 international trade organizations and chambers of commerce

ldquoItrsquos not just the bankers anymorerdquo says Philippe Houdard co-founder of Pipeline Brickell a co-working space that will open this fall in the Brickell district ldquoYou have a lot of young people that live here You have a lot of creative people that have come to this part of town You have a lot of people starting companies You have a lot of entrepreneurs You have this real mix and thatrsquos newrdquo

Banking

Downtown is the second-largest international banking center in the US (New York is No 1) and an address in

the Brickell Financial District is prestigious in the industry City National Bank is the largest bank based downtown and has three of its 26 branches there Banks arenrsquot the only financial institutions HIG Capital Management a private equity and venture capital company with annual revenue of more than $1 billion is based in the Brickell area

Law Firms

Among the law firms with longtime headquarters downtown is Bilzin Sumberg Baena Price amp Axelrod which in 2008 became the first tenant to sign a lease at 1450 Brickell one of the three new towers then under construction It just signed a lease to expand beyond the 80000 square feet it had taken That same year law firm Greenberg Traurig became the first marquee tenant in another under-construction tower taking 125000 square feet in what is now the Wells Fargo Center Akerman Senterfitt with dual headquarters in Miami and Orlando is downtownrsquos sixth-largest employer Downtown is also the preferred location for most national and international law firms opening offices in south Florida In just one building mdash Southeast Financial Center (formerly known as Wachovia Center) mdash six of the worldrsquos top 25 law firms have space

Eleven cruise lines call Port of Miami home The port handles more than 4 million cruise passengers a year

Todd Oretsky (left) and Philippe Houdard founded Pipeline Brickell which provides shared office space

floridatrendcom october 2012 11

Port of Miami

More than 4 million cruise passengers pass through the port each year Eleven cruise lines homeport there and cargo flows to 100 countries Nearly $6 billion in improvements is under way at the port including a deep dredge to accommodate ships large enough to transit the Panama Canal once itrsquos widened in 2014 A tunnel will route trucks directly from the port to highways bypassing downtownrsquos streets And a direct rail link into the port will further reduce the number of trucks that clog downtown roadways The county-owned port has proposed commercial development on some of its waterfront property including a hotel and office tower to serve cruise passengers and businesses at the port as well as a yacht harbor Port traffic could double by 2025

Office Market

Downtownrsquos office market remains a major economic challenge with nearly 3 million square feet unoccupied that will take time

to absorb In large part thatrsquos because of a lot of new space on the market In 2010 developers delivered more than 1 million square feet of space in two buildings that had been planned during the boom and in 2011 another 615000 square feet came to market with the completion of a third high-rise Itrsquos expected to remain a tenantrsquos market for a couple of years But says Jones Lang LaSallersquos Donald Cartwright downtown remains attractive to investors from national institutional investors to major local property owners to foreign investors (who have been particularly interested in land recently) And older ldquotrophyrdquo properties have low vacancy rates

gt Total Office Space 146 million square feet

gt Vacancy Rate (June 2012) 20 down from its peak of 24 in 2011

gt Class A Asking Rental Rate (June 2012) $4316 per square foot down from $4366 at mid-2011

gt Leasing Activity 2009 416165 square feet 2010 762681 square feet 2011 1000000 square feet 2012 Jan-June 517046 square feet

Residential Real Estate

While young professionals occupy most of downtownrsquos condos and apartments the luxury market is strong enough that high-end ONE Sothebyrsquos International Realty opened an office in the Brickell area in March And itrsquos part of the reason that nine residential towers mdash about 4100 units mdash were proposed or are under construction downtown

gt Condo occupancy 93

gt Average Sales Price (2011) $370003 up 64 from 2010 Prices have risen by an average of 10 per year since 2009

gt Average Rent (2011) $2112 per month up 13 from 2010

gt Condos Leased (April 2011-March 2012) 4584

Miami Manchester Dubai Shanghai Singapore Hong Kong

Advance your Career ndash michaellangleymbsacuk

305-600-2474 wwwmbsacukmiami

Think GlobalhellipThink ManchesterManchester Business School ranked as one of the best in the world by Financial Times and the Economist delivers a part-time Global MBA that blends robust academic theory and practical applied experience in a flexible learning environment

Miami classes begin in January and July

In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

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HOME MORTGAGE | VACATION HOME MORTGAGE | REFINANCING YOUR MORTGAGE

Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

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SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

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Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

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Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

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0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

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premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

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TONY ARGIZ CPA Chairman and CEO

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ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 9: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

floridatrendcom october 2012 9

pedestrian-unfriendly The city has to con-tinue to improve security and infrastructure says Jacky Teplitzky an associate broker for Douglas Elliman Florida ldquoIf the roads are bet-ter if you have more restaurants more retail mdash thatrsquos basically whatrsquos going to create new communitiesrdquo she explains ldquoThey still have to work a bit more on that in order to make it very appealing for the local communityrdquo

But most investors in the area are fairly

happy Arriola and his partners acquired Apollo Bank in 2010 and the Brickell head-quarters came with it When they were doing their due diligence at the bank the year before theyrsquod walk out at night and see no lights on anywhere Still they thought the downtown headquarters was ldquoa good ideardquo Arriola says ldquoBut it turned out awesome Itrsquos become a far more central and far more interesting place than we had anticipatedrdquo

oped a nightlife It spread far more slowly to the area north of the Miami River often referred to as downtownrsquos central business district but restaurants and lounges there began keeping late hours too

Longtime retailers north of the river have felt the change Department store La Epoca has been a fixture in downtownrsquos Flagler area since 1965 Once most of its custom-ers were foreign tourists Today itrsquos a much more local crowd ldquoTraditionally we always had our hours until 6 pm Wersquove already pushed it to 7 and wersquore getting ready to go to 8rdquo says Brian Alonso whose family owns the store which focuses on serving the young urban professionals who work down-town and higher-income tourists drawn by downtownrsquos luxury hotels ldquoNow with all the restaurant options in the area itrsquos just becoming full of energyrdquo Alonso says

The energy is drawing businesses too says Donald Cartwright senior vice president with Jones Lang LaSalle ldquoWersquore definitely seeing more tenants looking at the downtown area than would have looked at downtown before the level of amenities and residential constructionrdquo he says ldquoThe single biggest difference what has also stimulated so much more other activity and development has been the explosion of quality residential housing in downtownrdquo

The activity has garnered international notice Last year Malaysian casino giant Genting made a huge splash when it paid nearly $400 million for 30 acres much of it along Biscayne Bay in the northern part of downtown It planned to develop a 5200-room destination resort there and hoped to have a major casino But when state law-makers shot that prospect down the com-pany downscaled its plans to a 500-room luxury hotel and two condo towers

Downtown still isnrsquot where it needs to be Despite repeated changes to traffic pat-terns itrsquos difficult to drive around Parking can be extremely expensive by Miami-Dade standards and some areas are still

Who Works Heregt 9143 downtown

businesses 96 of them small businesses bring in an estimated $185 billion in revenue

GRAY MATTER MATTERS

CELEBRATING OUR 40TH ANNIVERSARY

Since 1972 the Intellectual Property law firm of

Allen Dyer Doppelt Milbrath amp Gilchrist PA has

protected the intrinsic rights of new technologies

and original ideas through the application of

trademarks copyrights patents licensing

infringement amp trade secrets protection

and unfair competition litigation

Protect your next

brainstorm with

the brain trust of

an experienced

IP firm

Contact us today

to learn more

Orlando bull 4078412330

Miami bull 3053748303

Jacksonville bull 9043987000

Melbourne bull 3217254760

Tampa bull 8136394222

Winter Springs bull 4077965064

wwwaddmgcom

DoppeltMilbrath ampGilchrist pa

Allen Dyer

amp

10 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

photographs Jamie Rae top Bill Wisser bottom

Economic Life International Players

International business drives downtownrsquos economy from the port to the law firms and international banks that make up so many of its largest employers Latin Americans are the strongest buyers of residential real estate with Europeans also in the mix Spanish companies have become a part of the fabric of the business community and therersquos been quite a bit of Mexican investment and relocation especially north of the Miami River Downtown has international banks from 18 nations 20 consulates 26 foreign trade offices and 17 international trade organizations and chambers of commerce

ldquoItrsquos not just the bankers anymorerdquo says Philippe Houdard co-founder of Pipeline Brickell a co-working space that will open this fall in the Brickell district ldquoYou have a lot of young people that live here You have a lot of creative people that have come to this part of town You have a lot of people starting companies You have a lot of entrepreneurs You have this real mix and thatrsquos newrdquo

Banking

Downtown is the second-largest international banking center in the US (New York is No 1) and an address in

the Brickell Financial District is prestigious in the industry City National Bank is the largest bank based downtown and has three of its 26 branches there Banks arenrsquot the only financial institutions HIG Capital Management a private equity and venture capital company with annual revenue of more than $1 billion is based in the Brickell area

Law Firms

Among the law firms with longtime headquarters downtown is Bilzin Sumberg Baena Price amp Axelrod which in 2008 became the first tenant to sign a lease at 1450 Brickell one of the three new towers then under construction It just signed a lease to expand beyond the 80000 square feet it had taken That same year law firm Greenberg Traurig became the first marquee tenant in another under-construction tower taking 125000 square feet in what is now the Wells Fargo Center Akerman Senterfitt with dual headquarters in Miami and Orlando is downtownrsquos sixth-largest employer Downtown is also the preferred location for most national and international law firms opening offices in south Florida In just one building mdash Southeast Financial Center (formerly known as Wachovia Center) mdash six of the worldrsquos top 25 law firms have space

Eleven cruise lines call Port of Miami home The port handles more than 4 million cruise passengers a year

Todd Oretsky (left) and Philippe Houdard founded Pipeline Brickell which provides shared office space

floridatrendcom october 2012 11

Port of Miami

More than 4 million cruise passengers pass through the port each year Eleven cruise lines homeport there and cargo flows to 100 countries Nearly $6 billion in improvements is under way at the port including a deep dredge to accommodate ships large enough to transit the Panama Canal once itrsquos widened in 2014 A tunnel will route trucks directly from the port to highways bypassing downtownrsquos streets And a direct rail link into the port will further reduce the number of trucks that clog downtown roadways The county-owned port has proposed commercial development on some of its waterfront property including a hotel and office tower to serve cruise passengers and businesses at the port as well as a yacht harbor Port traffic could double by 2025

Office Market

Downtownrsquos office market remains a major economic challenge with nearly 3 million square feet unoccupied that will take time

to absorb In large part thatrsquos because of a lot of new space on the market In 2010 developers delivered more than 1 million square feet of space in two buildings that had been planned during the boom and in 2011 another 615000 square feet came to market with the completion of a third high-rise Itrsquos expected to remain a tenantrsquos market for a couple of years But says Jones Lang LaSallersquos Donald Cartwright downtown remains attractive to investors from national institutional investors to major local property owners to foreign investors (who have been particularly interested in land recently) And older ldquotrophyrdquo properties have low vacancy rates

gt Total Office Space 146 million square feet

gt Vacancy Rate (June 2012) 20 down from its peak of 24 in 2011

gt Class A Asking Rental Rate (June 2012) $4316 per square foot down from $4366 at mid-2011

gt Leasing Activity 2009 416165 square feet 2010 762681 square feet 2011 1000000 square feet 2012 Jan-June 517046 square feet

Residential Real Estate

While young professionals occupy most of downtownrsquos condos and apartments the luxury market is strong enough that high-end ONE Sothebyrsquos International Realty opened an office in the Brickell area in March And itrsquos part of the reason that nine residential towers mdash about 4100 units mdash were proposed or are under construction downtown

gt Condo occupancy 93

gt Average Sales Price (2011) $370003 up 64 from 2010 Prices have risen by an average of 10 per year since 2009

gt Average Rent (2011) $2112 per month up 13 from 2010

gt Condos Leased (April 2011-March 2012) 4584

Miami Manchester Dubai Shanghai Singapore Hong Kong

Advance your Career ndash michaellangleymbsacuk

305-600-2474 wwwmbsacukmiami

Think GlobalhellipThink ManchesterManchester Business School ranked as one of the best in the world by Financial Times and the Economist delivers a part-time Global MBA that blends robust academic theory and practical applied experience in a flexible learning environment

Miami classes begin in January and July

In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

for modern times a classic banktrade

Sabadell_TrendAd_0904NEWindd 2 9512 229 PM

HOME MORTGAGE | VACATION HOME MORTGAGE | REFINANCING YOUR MORTGAGE

Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

YOUR DREAM HOME

DESERVESA DREAM

MORTGAGE

FOR MODERN TIMES A CLASSIC BANK

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

trade

Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

bull Owner Occupied Mortgagesbull Treasury Managementbull Merchant Services

We are really lending

We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

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ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 10: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

10 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

photographs Jamie Rae top Bill Wisser bottom

Economic Life International Players

International business drives downtownrsquos economy from the port to the law firms and international banks that make up so many of its largest employers Latin Americans are the strongest buyers of residential real estate with Europeans also in the mix Spanish companies have become a part of the fabric of the business community and therersquos been quite a bit of Mexican investment and relocation especially north of the Miami River Downtown has international banks from 18 nations 20 consulates 26 foreign trade offices and 17 international trade organizations and chambers of commerce

ldquoItrsquos not just the bankers anymorerdquo says Philippe Houdard co-founder of Pipeline Brickell a co-working space that will open this fall in the Brickell district ldquoYou have a lot of young people that live here You have a lot of creative people that have come to this part of town You have a lot of people starting companies You have a lot of entrepreneurs You have this real mix and thatrsquos newrdquo

Banking

Downtown is the second-largest international banking center in the US (New York is No 1) and an address in

the Brickell Financial District is prestigious in the industry City National Bank is the largest bank based downtown and has three of its 26 branches there Banks arenrsquot the only financial institutions HIG Capital Management a private equity and venture capital company with annual revenue of more than $1 billion is based in the Brickell area

Law Firms

Among the law firms with longtime headquarters downtown is Bilzin Sumberg Baena Price amp Axelrod which in 2008 became the first tenant to sign a lease at 1450 Brickell one of the three new towers then under construction It just signed a lease to expand beyond the 80000 square feet it had taken That same year law firm Greenberg Traurig became the first marquee tenant in another under-construction tower taking 125000 square feet in what is now the Wells Fargo Center Akerman Senterfitt with dual headquarters in Miami and Orlando is downtownrsquos sixth-largest employer Downtown is also the preferred location for most national and international law firms opening offices in south Florida In just one building mdash Southeast Financial Center (formerly known as Wachovia Center) mdash six of the worldrsquos top 25 law firms have space

Eleven cruise lines call Port of Miami home The port handles more than 4 million cruise passengers a year

Todd Oretsky (left) and Philippe Houdard founded Pipeline Brickell which provides shared office space

floridatrendcom october 2012 11

Port of Miami

More than 4 million cruise passengers pass through the port each year Eleven cruise lines homeport there and cargo flows to 100 countries Nearly $6 billion in improvements is under way at the port including a deep dredge to accommodate ships large enough to transit the Panama Canal once itrsquos widened in 2014 A tunnel will route trucks directly from the port to highways bypassing downtownrsquos streets And a direct rail link into the port will further reduce the number of trucks that clog downtown roadways The county-owned port has proposed commercial development on some of its waterfront property including a hotel and office tower to serve cruise passengers and businesses at the port as well as a yacht harbor Port traffic could double by 2025

Office Market

Downtownrsquos office market remains a major economic challenge with nearly 3 million square feet unoccupied that will take time

to absorb In large part thatrsquos because of a lot of new space on the market In 2010 developers delivered more than 1 million square feet of space in two buildings that had been planned during the boom and in 2011 another 615000 square feet came to market with the completion of a third high-rise Itrsquos expected to remain a tenantrsquos market for a couple of years But says Jones Lang LaSallersquos Donald Cartwright downtown remains attractive to investors from national institutional investors to major local property owners to foreign investors (who have been particularly interested in land recently) And older ldquotrophyrdquo properties have low vacancy rates

gt Total Office Space 146 million square feet

gt Vacancy Rate (June 2012) 20 down from its peak of 24 in 2011

gt Class A Asking Rental Rate (June 2012) $4316 per square foot down from $4366 at mid-2011

gt Leasing Activity 2009 416165 square feet 2010 762681 square feet 2011 1000000 square feet 2012 Jan-June 517046 square feet

Residential Real Estate

While young professionals occupy most of downtownrsquos condos and apartments the luxury market is strong enough that high-end ONE Sothebyrsquos International Realty opened an office in the Brickell area in March And itrsquos part of the reason that nine residential towers mdash about 4100 units mdash were proposed or are under construction downtown

gt Condo occupancy 93

gt Average Sales Price (2011) $370003 up 64 from 2010 Prices have risen by an average of 10 per year since 2009

gt Average Rent (2011) $2112 per month up 13 from 2010

gt Condos Leased (April 2011-March 2012) 4584

Miami Manchester Dubai Shanghai Singapore Hong Kong

Advance your Career ndash michaellangleymbsacuk

305-600-2474 wwwmbsacukmiami

Think GlobalhellipThink ManchesterManchester Business School ranked as one of the best in the world by Financial Times and the Economist delivers a part-time Global MBA that blends robust academic theory and practical applied experience in a flexible learning environment

Miami classes begin in January and July

In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

for modern times a classic banktrade

Sabadell_TrendAd_0904NEWindd 2 9512 229 PM

HOME MORTGAGE | VACATION HOME MORTGAGE | REFINANCING YOUR MORTGAGE

Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

YOUR DREAM HOME

DESERVESA DREAM

MORTGAGE

FOR MODERN TIMES A CLASSIC BANK

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

trade

Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

bull Owner Occupied Mortgagesbull Treasury Managementbull Merchant Services

We are really lending

We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 11: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

floridatrendcom october 2012 11

Port of Miami

More than 4 million cruise passengers pass through the port each year Eleven cruise lines homeport there and cargo flows to 100 countries Nearly $6 billion in improvements is under way at the port including a deep dredge to accommodate ships large enough to transit the Panama Canal once itrsquos widened in 2014 A tunnel will route trucks directly from the port to highways bypassing downtownrsquos streets And a direct rail link into the port will further reduce the number of trucks that clog downtown roadways The county-owned port has proposed commercial development on some of its waterfront property including a hotel and office tower to serve cruise passengers and businesses at the port as well as a yacht harbor Port traffic could double by 2025

Office Market

Downtownrsquos office market remains a major economic challenge with nearly 3 million square feet unoccupied that will take time

to absorb In large part thatrsquos because of a lot of new space on the market In 2010 developers delivered more than 1 million square feet of space in two buildings that had been planned during the boom and in 2011 another 615000 square feet came to market with the completion of a third high-rise Itrsquos expected to remain a tenantrsquos market for a couple of years But says Jones Lang LaSallersquos Donald Cartwright downtown remains attractive to investors from national institutional investors to major local property owners to foreign investors (who have been particularly interested in land recently) And older ldquotrophyrdquo properties have low vacancy rates

gt Total Office Space 146 million square feet

gt Vacancy Rate (June 2012) 20 down from its peak of 24 in 2011

gt Class A Asking Rental Rate (June 2012) $4316 per square foot down from $4366 at mid-2011

gt Leasing Activity 2009 416165 square feet 2010 762681 square feet 2011 1000000 square feet 2012 Jan-June 517046 square feet

Residential Real Estate

While young professionals occupy most of downtownrsquos condos and apartments the luxury market is strong enough that high-end ONE Sothebyrsquos International Realty opened an office in the Brickell area in March And itrsquos part of the reason that nine residential towers mdash about 4100 units mdash were proposed or are under construction downtown

gt Condo occupancy 93

gt Average Sales Price (2011) $370003 up 64 from 2010 Prices have risen by an average of 10 per year since 2009

gt Average Rent (2011) $2112 per month up 13 from 2010

gt Condos Leased (April 2011-March 2012) 4584

Miami Manchester Dubai Shanghai Singapore Hong Kong

Advance your Career ndash michaellangleymbsacuk

305-600-2474 wwwmbsacukmiami

Think GlobalhellipThink ManchesterManchester Business School ranked as one of the best in the world by Financial Times and the Economist delivers a part-time Global MBA that blends robust academic theory and practical applied experience in a flexible learning environment

Miami classes begin in January and July

In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

for modern times a classic banktrade

Sabadell_TrendAd_0904NEWindd 2 9512 229 PM

HOME MORTGAGE | VACATION HOME MORTGAGE | REFINANCING YOUR MORTGAGE

Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

YOUR DREAM HOME

DESERVESA DREAM

MORTGAGE

FOR MODERN TIMES A CLASSIC BANK

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

trade

Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

bull Owner Occupied Mortgagesbull Treasury Managementbull Merchant Services

We are really lending

We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 12: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

In just two years Sabadell United Bank has doubled in size to become a full-service bank with $36-billion in assets and 25 offices in South and Southwest Florida The bank has developed a strong residential lending division and has taken advantage of its growth to enhance the number of solutions it offers to clients including sophisticated wealth management services

ldquoThrough three major acquisitions we have never forgotten our primary mission to serve our core customers both businesses and professionalsrdquo CEO Mario Trueba says ldquoServe your core customers well and you have a foundation on which to buildrdquo

Chairman Fernando Peacuterez-Hickman and Trueba have launched a number of new initiatives to steer the bank on its rapid growth trajectory all while enhancing its commitment to customer service They have combined the expertise of veteran Sabadell bankers with new talented staff to continuously bring innovative ideas to

market This expansion has been guided by a firm-wide commitment to excellence and client service

Today Sabadell is Floridarsquos sixth largest bank and among the most profitable and financially sound With a top ldquofive-starrdquo rating from Bauer Financial Services Sabadell is in a powerful position to grow and to lend Sabadell is Floridarsquos premier bank for professionals businesses and affluent individuals

Owned by Banco Sabadell one of Europersquos best-capitalized banks Sabadell United Bank first established a presence in Florida in 1993 The bank is building upon its historical foundation by strategically emphasizing its distinction in the key areas of wealth management corporate lending and commercial real estate

Sabadell encourages its people to share their success and to give back to their communities With offices in Miami-Dade Broward and Palm Beach counties as well as Naples Sarasota and Tampa Bay the bank interacts with a broad base of clients and communities Its team members dis-tinguish themselves as leaders in organiza-tions as varied as chambers of commerce academic advisory councils the American Red Cross United Way and scouting orga-nizations among many others

Whether deepening ties in their communities or serving their customers the people of Sabadell stay rooted in the belief that success comes through the power of honoring classic relationships by employing the bankrsquos modern resources

Sabadell Enters a New Era of Growth in Florida

advertorial

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA a subsidiary of Banco de Sabadell SA and by Banco Sabadell Miami Branch a Florida international branch of Banco de Sabadell SA Sabadell United Bank NA is a member FDIC and an Equal Housing Lender Advisory services include advice on non-deposit investment products which are NOT FDIC INSURED ndash

MAY LOSE VALUE ndash NOT BANK GUARANTEED International Banking services provided by Banco Sabadell Miami Branch and Deposits at Banco Sabadell Miami Branch are NOT FDIC INSURED copy 2012 Banco de Sabadell SA All rights reserved

Personal BankingDwight Hill

305-358-4334

Business BankingMaurici Llado

305-358-4334

International BankingJuliaacuten Fernaacutendez

305-350-1200

Wealth Management James Meany561-514-4900

Contact Us Main 305-351-4317 | wwwsabadellunitedcom

for modern times a classic banktrade

Sabadell_TrendAd_0904NEWindd 2 9512 229 PM

HOME MORTGAGE | VACATION HOME MORTGAGE | REFINANCING YOUR MORTGAGE

Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

YOUR DREAM HOME

DESERVESA DREAM

MORTGAGE

FOR MODERN TIMES A CLASSIC BANK

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

trade

Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

bull Owner Occupied Mortgagesbull Treasury Managementbull Merchant Services

We are really lending

We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

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ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 13: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

HOME MORTGAGE | VACATION HOME MORTGAGE | REFINANCING YOUR MORTGAGE

Contact Our Mortgage Specialists 1-800-511-8528 | wwwsabadellmortgagecom

YOUR DREAM HOME

DESERVESA DREAM

MORTGAGE

FOR MODERN TIMES A CLASSIC BANK

SabadellSM is a service mark of Banco de Sabadell SA used by Sabadell United Bank NA member FDIC copy 2012 Sabadell United Bank NA a subsidiary of Banco de Sabadell SA All rights reserved

SABADELL UNITED BANKtrade is a trademark and service mark of Banco Sabadell SA BANCOSABADELLreg is a registered trademark and service mark of Banco de Sabadell SA

trade

Sabadell_TrendAd_0904NEWindd 3 9512 230 PM

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

bull Owner Occupied Mortgagesbull Treasury Managementbull Merchant Services

We are really lending

We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 14: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

14 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Tourism

Downtown Miami has a larger concentration of 4- and 5-star hotels than anywhere else in Florida including the AAA 5 Diamond Four Seasons and Mandarin Oriental In addition to two 5-Diamond hotels downtown has four 4-Diamond properties Conrad Miami InterContinental Miami JW Marriott Hotel Miami and Hyatt Regency Miami Although not yet rated the JW Marriott Marquis is an equally high-end brand and was the first of its kind in the world The second is in Dubai

With more than 6789 rooms 22 of visitors to Miami-Dade stayed downtown in 2011 behind only Miami Beach (where 41 stayed) Hotels which initially targeted mostly business travelers are now targeting the tourist market including a summer campaign with the Greater Miami Convention and Visitors Bureau More visitors to the county are staying downtown mdash in 2007 only 16 of visitors stayed there Hoteliers believe they are expanding the countyrsquos tourism market ldquoOur demographic doesnrsquot necessarily want to be hellip

on the beach clubbingrdquo says Martin D Wormull general manager of the Conrad Miami He says that his guests want ldquoa fair amount of privacyrdquo and quiet and theyrsquore interested in cultural and artistic attractions ecological tours and shopping

Downtown hoteliers say the only thing theyrsquore really missing is a serious convention center whether downtown or on the beach Voters recently approved a tax to fund an expansion of the Miami Beach Convention Center which businesses had been pushing for

Downtown has the countyrsquos third-highest average room rate at $18527 behind Miami Beach and AventuraSunny Isles

As of June year-to-date occupancy averaged 78 downtown compared with the county average of 79

Technology

The city hopes to capitalize on existing resources to develop a technology sector with its heart in downtown Verizonrsquos NAP of the Americas one of the most significant data centers in the world is located downtown and makes Miami highly connected Just adjacent to downtown in the cityrsquos ldquohealth districtrdquo the University of Miamirsquos Life Science and Technology Park is dedicated to research

But it wonrsquot be an easy sector to develop ldquoEntrepreneurs are having a very hard timerdquo says Susan Amat executive director of UMrsquos Launch Pad and a lecturer at UMrsquos school of business ldquoThere isnrsquot the ecosystem the infrastructure mdash especially in the tech areas mdash where they can go to a place and get the help that they needrdquo

After initially helping to sponsor the IncubateMiami technology business incubator the Downtown Development Authority has partnered with Launch Pad to create Launch Pad Accelerator in the NAP The accelerator aims to bring together entrepreneurs and the resources they need to grow in the hope that successful startups will ultimately stay in the city as they get bigger The DDA will spend $227500 per year for two years to cover salaries equipment marketing and other startup expenses

Incubate Miami fosters technology companies

Cafe Sambal at the Mandarin Oriental

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

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We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

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ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 15: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

Whether your business has deep roots in Florida or you are newly investing in our state to grow your company why not choose a law firm that understands both perspectives

Miami has a long history as one of the leading commercial centers in Florida Holland amp Knight is proud of our lawyersrsquo efforts to promote the business and community interests of the South Florida region

Ranked ldquoBest of the Bestrdquo for Providing ldquoValue for the Dollarrdquo

2011 BTI Consulting Group Survey of Law Firm Client Service PerformanceCopyright copy 2012 Holland amp Knight LLP All Rights Reserved

wwwhklawcomKelly Ann Cartwright Executive Partner | Miami FL | 3053748500

Providing Legal Services in Florida for More Than 100 Years

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

bull Owner Occupied Mortgagesbull Treasury Managementbull Merchant Services

We are really lending

We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 16: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

16 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Notable Firms and Developments

gt Brickell CitiCentre The most significant new project in the works is Brickell CitiCentre a $105-billion 54-million-sq-ft mixed-use development that broke ground in June Swire Properties a subsidiary of Hong Kong-based Swire Pacific which 30 years ago began developing downtownrsquos Brickell Key started assembling land for the project in 2008 Phase one which it expects to finish by 2015 will incorporate a remodeled Metromover station and include a shopping center two condo towers a hotel wellness center and underground parking A second phase with up to two office buildings will come later ldquoThe urban area of Miami has seen a remarkable recovery on the residential condominium side in particular and also with rental apartmentsrdquo says Stephen Owens president of Swirersquos US operations The large project ldquoneeded to have a critical mass It needed to have enough components to really make this a 247 conceptrdquo

gt The Downtown Development Authority The DDA is working with property owners and businesses to redevelop and renovate the cityrsquos Flagler Street shopping district north of the river In hopes of establishing

a historic district there the DDA has hired Tony Goldman who helped create South Beachrsquos Art Deco District as a consultant Other plans include removing on-street parallel parking and widening sidewalks to be more pedestrian-friendly and allow for outdoor dining lighting that will bring out buildingsrsquo historic features and other streetscape improvements Several longtime retailers have renovated their stores in the past couple of years and new retailers such as Electric Avenue have opened catering mostly to local residents and office workers Most recently famous Little Havana guayabera shop Ramon Puig Guayaberas expanded with a Flagler location

Electronics retailer Electric Avenue is new to downtown

Work on the $1-billion Brickell CitiCentre began this summer

ldquoThe urban area of Miami has seen a

remarkable recovery on the residential

condominium side in particular and

also with rental apartmentsrdquo

mdash Stephen Owens president of Swirersquos

US operations

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

bull Owner Occupied Mortgagesbull Treasury Managementbull Merchant Services

We are really lending

We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 17: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

Wersquore a proven performance lender that understands you need a partner that not only takes the time to understand your needs but that also can make quick decisions locally to help you grow

City National Bank is a full service commercial bank We lent more than $750000000 last year Thatrsquos part of the reason why the South Florida Business Journal named us your Community Bank of the Year

Commercial and Business Banking Solutions For Youbull Term Loansbull EquipmentInventory Financingbull Accounts Receivable Lending

bull Capital Improvement Loansbull Professional Lines of Creditbull Small Business Lending

bull Owner Occupied Mortgagesbull Treasury Managementbull Merchant Services

We are really lending

We make business happen

Please visit any of our banking centers from Miami to Orlando or call us at 305-577-7333

12-0030rev 051412 Member FDICcitynationalcom

0821-1 CNweMakeBusHappenindd 1 82312 610 PM

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 18: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

18 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robert DuyosSun SentinelMCT

gt Sports The Miami Heat are the NBA champions and draw crowds to the downtown AmericanAirlines Arena

gt 1450 Brickell Miami-based Rilea Grouprsquos 1450 Brickell along with the Wells Fargo Center brought downtown Miamirsquos first significant new office buildings when they opened in 2010 1450 is now 91 leased with about half its tenants new to the Miami market

gt Florida East Coast Industries FECI plans to develop the nine acres it owns downtown into a kind of Paddington Station for its All Aboard Florida passenger service between Miami and Orlando The company is considering everything from hotel and retail development to offices and residential on land that is now parking lots but was the site of Henry Flaglerrsquos original Miami train station

gt Genting Malaysian casino giant Genting owns 30 acres downtown

where it initially planned the $38-billion Resorts World Miami With destination-resort gambling off the table for the moment though it now plans a 500-room luxury hotel two condominium towers and 100000 square feet of restaurants and retail in the northern part of downtown

gt Miami WorldCenter A development partnership has been trying to get Miami WorldCenter a 20-acre mixed-use development off the ground since before 2008 Although no development has occurred the Miami City Commission has approved a development agreement and endorsed a master plan that includes a hotel and retail residential office conference and educational space Los Angeles-based CIM Group recently capitalized the project and its backers say it is moving forward They would also like to have a destination gambling resort

The Miami Heat who play in downtownrsquos AmericanAirlines Arena celebrated their NBA championship win with a downtown parade

1450 Brickell is 91 leased

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 19: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

Downtown Miami is South Floridarsquos destination for global business

The Miami Downtown Development Authority is here to assist Businesses opening or expanding in Downtown Miami and to connect you to other groups and organizations - to facilitate growth and your success

wwwmiamiddacom

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

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ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 20: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

( Business Portrait Downtown Miami )

gt Crocker Partners Boca Raton-based real estate investment firm Crocker Partners is downtownrsquos largest office landlord In 2011 it purchased the SunTrust Financial Center and this year added Miami Center to its portfolio The $2625-million deal to buy Miami Center from Sumitomo Corp of Japan was the cityrsquos biggest since 2008 Two of the largest and most visible buildings north of the Miami River Crockerrsquos holdings total 12 million square feet

gt InterContinental Miami The InterContinental isnrsquot sitting on its laurels as newer hotels move into downtown A $16-million renovation of its 641 rooms is nearly complete and a $9-million lobby renovation and new celebrity chef-helmed restaurant are next

gt Met Miami MDM Development Grouprsquos Met Miami project has been in the works for nearly a decade just north of the Miami River Met 1 is the completed 447-unit 40-story residential tower Met 2 became Wells Fargo Center a 47-story office tower adjoining the 41-story JW Marriott Marquis Miami and Hotel Beaux Arts Miami Met 3 recently broke ground and will include an 11-story parking garage and a much-anticipated Whole Foods Market set to open in late 2013 The Met Square entertainment center will bring downtown its first movie theater the luxury Silverspot

gt 600 Brickell The last of the three new office towers to open in Miami 600 Brickell is one of the few LEED Platinum-certified office buildings in the world Developer Foram Grouprsquos $300-million project signed its first two tenants Credit Agricole Private Banking Miami a division of Francersquos largest banking group and international law firm Hogan Lovells

gt Southeast Financial Center The 55-story office tower was the tallest building south of New York City and east of the Mississippi River when it was completed in 1983 and remained Floridarsquos tallest until downtown Miamirsquos Four Seasons Hotel and Tower surpassed it a decade later Owner JP Morgan has invested between $12 million and $15 million in upgrades during the past three years including renovating both of its lobbies and its 30000-sq-ft outdoor plaza

gt Related Group In March the Related Group began construction on its 192-unit MyBrickell condo with completion scheduled for next year

gt BrickellHouse The BrickellHouse condo project broke ground in July with 90 of its 374 units already sold mdash three-quarters of them to foreign buyers Developer Newgard Development Group expects the building including its mechanized parking garage to be done in 2014

gt MDR Toledo Spanish investment group MDR Toledo recently paid $1737 million to buy a 1-acre site on Brickell Avenue where a 328-unit condominium has been proposed The same investors in January paid $17 million for the 63-unit Brickell Station Lofts apartment building

gt Cabi Developers Aventura-based Cabi Developers announced plans for a vertical big-box retail center on land it owns in Brickell Backed by funding from Mexico-based development giant Gicsa Cabi hopes to attract national retailers to four stories of retail on top of a four-story parking garage

Rendering of Related Grouprsquos MyBrickell project

Cheers to Our Home

Our network is one of the largest wholesale distributors of wine spirits and non-alcoholic beverages in Florida We sell and distribute from facilities in Jacksonville Miramar Orlando Pensacola and Tampa

Our vision is to be recognized as a superior and socially responsible distributor of alcoholic beverages in all regions where we conduct business

THE CHARMER SUNBELT GROUP

The Distributor of ChoiceCommitted to the Responsible Sales

and Consumption of Wine and Spirits

Premier Beverage Company encourages you to drink responsibly

premier-bevcom

premier_bev_floridatrend_tp_v1indd 1 8282012 32604 PM

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 21: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

ONE PART CPA THREE PARTS ADVISORtrade

Morrison Brown Argiz amp Farra LLC (MBAF) is one of the

nations Top 40 certifi ed public accounting fi rms Expertise

reputation and value defi ne us Customer experience and

our unwavering commitment to community set us apart

THATS OUR JOBYou dont have to be an expert

bull Assurance

bull Tax and Accounting

bull Management Advisory

bull Private Client Wealth

bull Technology Consulting

TONY ARGIZ CPA Chairman and CEO

Miami | New York | Baltimore | Boca Raton | Boulder | Fort Lauderdale | Orlando | Valhalla | India

wwwmbafcpacom

MBAF_TrendAdFinalindd 1 82712 430 PM

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 22: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 23: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

ldquoWe expect executive candidates to have technical skills What wersquore looking for today is

a person whorsquos flexible can adapt when conditions change produces results and effectively interacts with peoplerdquo

Those words from Marcelo Fumasoni Novartis Pharmaceuticalsrsquo vice president and head of human resources Latin America amp Canada describe whatrsquos needed at the top corporate levels Itrsquos a phenomenon driving innovative universities to revamp their Executive MBA (EMBA) programs

At Florida International Universityrsquos Chapman Graduate School of Business these were the concepts behind a total rethinking of the EMBA program The reinvented EMBA offered at FIUrsquos new Downtown Brickell Avenue campus will launch in January 2013

ldquoWe have developed a dynamic EMBA concentrating on issues that seasoned professionals encounter on a daily basisrdquo

S P O N S O R E D R E P O R T S P O N S O R E D R E P O R T

says Stephen Barnett FIUrsquos EMBA faculty director

The interconnected curriculum centers on four key decision-making areas

1 Navigating in a global environment 2 Building a high-performance organization3 Creating economic and social value4 Developing and implementing strategy

For each theme the faculty created an innovative interdisciplinary eight-credit-hour course

ldquoRelevant cases projects dialogues and other experiential exercises make up 75 percent of the curriculumrdquo Barnett says ldquoThis is problem-based learning for the high performing employee who has been singled out by top management as one moving up the ladderrdquo

These are challenging skills to acquire in the time-pressured atmosphere of todayrsquos workplace Yet increasingly hiring

and promotion decisions for a companyrsquos most important positions are based on an executiversquos ability to showcase a high level of flexibility and insight

ldquoExecutives now need to be unflappable and manage across ambiguity and uncertain timesrdquo says MaryAnn Miller senior vice president and chief human resources officer for Avnet Inc ldquoThey must have their own compass to forge through tough circumstancesrdquo

The FIU EMBArsquos student-centered interactive approach driven by one-on-one coaching and use of actual business paradigms helps tomorrowrsquos leaders replicate the leadership scenarios they will someday face

Another highly valued skill in executive suites Global thinking

Many HR professionals report that executives with the ability to think across borders when making decisions have the edge in todayrsquos executive suite Emerging markets mean a business leader in the 21st century has to communicate with and motivate what is often an international group

ldquoSix years ago half our employees were outside the United Statesrdquo Miller says ldquoToday itrsquos 70 percent The US component is shrinking We seek executives who can function internationally working with any cultural dividesrdquo

The Making of the New Executive Companies are saying it loud and clear Executives need a new skill set to manage global challenges

FIUrsquos EMBA program is held in its new location on Brickell Avenue in downtown Miami

In addition to equipping executives with crucial skills and insight gained through learning on a global scale FIUrsquos EMBA program is being chosen by executives because of another current national trend Some reliable financial support for graduate degree seekers has faded Executives who are footing the bill for their degree are gravitating to superior products like FIUrsquos EMBA that are offered at a price point below national averages

A 2011 membership program survey by the Executive MBA Council a worldwide non-profit organization of more than 200 business schools revealed that 37 percent of EMBA students now receive no tuition

reimbursement up from 33 percent in 2007 The percentage of students receiving full tuition reimbursement has decreased from 34 to 27 the survey showed

Flexible schedule Two Saturdays per month and online

FIUrsquos 18-month EMBA program by nomination only remains minimally disruptive to the lives of students many of whom have families and community commitments beyond their challenging professional lives Sessions are held online and in person two Saturdays a month at FIU Downtown on Brickell the universityrsquos new site in the heart of Miamirsquos financial district

Brickell has drawn attention as Miamirsquos emerging cultural hub with new dining culture and nightlife options added to the mix on a regular basis

Relevance and convenience culture and community mdash it all explains why FIUrsquos EMBA value proposition has attracted the attention of South Floridarsquos business leaders who seek common learning ground with high-level classmates and a clear vision to equip them for the highest corporate positions

ldquoWe need top level executives who have learned to filter the noise and determine whatrsquos importantrdquo says Avnetrsquos Miller ldquoWe need problem solvers and solution seekersrdquou

ldquoI want to be part of a group of elite executives who are aiming for the top in

corporate and civic life As we set our sights on C-level jobs FIU has customized its EMBA program to meet our needsrdquo

mdash Kevin Hamann SR Vice President of Merchandising

Systemax TigerDirectcomand future FIU EMBA student

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 24: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

24 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

Quality of LifePushed along by the Downtown Devel-

opment Authority the city has invested in Baywalk along Biscayne Bay as well as a variety of beautification projects over the past several years Recent investments include $16 million in street improvements along Biscayne Boulevard and $12 million along Flagler Street as well as an $8-million beautification project in the area north of the Miami River and a $142-million im-provements project in the Brickell area

gt Transit Downtown Miami has possibly the most robust combination of mass and shared transit options in the state MetroRail stations are on both sides of the river and a water taxi service connects Miami and Miami Beach The Metromover elevated transit line downtown is slow and only goes in one direction (it makes a circle) and has proved both impractical and undesirable for residents or workers In April the city and the DDA launched the free Downtown Miami Trolley Buses painted to look like trolleys run through the Biscayne Boulevard and Brickell corridors between 630 am and 11 pm Monday through Saturdays plus Sundays for special events In July a Metrorail station opened at the Miami International Airport Miami Intermodal Center linking downtown with the airport via train for the first time

gt Car and bike sharing services Car sharing service Car2go began operating in July The Daimler-owned service offers a fleet of Smart ForTwo cars parked in city-owned spaces scattered around downtown Members can reserve a car online or pick one up any place they see it Cars are returned by leaving them in any city parking spot in downtown

gt Monkey Shuttle The free service is a six-passenger electric cart that shuttles people around letting them hop on or off whenever a shuttle passes by Itrsquos supported by advertising on the car

RestaurantsNightlife

More than 250 restaurants and bars have opened downtown since 2005 Though many pioneers didnrsquot survive downtown is generally considered as viable a nightlife destination as Miami Beach As an example there are three Irish pubs within a mile of each other in the Brickell area and the Fado Irish Pub location is the chainrsquos most successful in terms of beer sales Local restaurateur Steven Haas opened City Hall restaurant near the Adrienne Arsht Center in 2011 and chef-owner Richard Hales recently opened a downtown location of Sakaya Kitchen to complement his spot in Midtown Miami Perhaps most telling is this yearrsquos move of the high-end China Grill mdash a South Beach landmark since 1995 mdash from Miami Beach to Brickell Avenue

Car2go began downtown Miami

service in July

Fado Irish Pubrsquos Miami location sells more beer than any of the chainrsquos other outlets

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 25: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

SponSored report

A school in the heart of Miamirsquos overtown District has pulled off an amazing feat the state of Florida this year awarded it an ldquoardquo

rating for the first time thatrsquos remarkable because just five years ago Downtown Miami charter school was an ldquoFrdquo-rated school operating in one of the poorer school districts in the entire state

Downtown Miami charter school was created by the Downtown Development authority (DDa) a quasi-governmental authority set up by the city and the business

An Education Miracle in Downtown MiamiCharter Schools USA guides an inner city school to an ldquoArdquo rating and 90 graduation rate

By Jon Hage

one big advantage of a charter school is its ability to be flexible and quickly meet the needs of students in this case we hired the best possible teachers and added saturday school and after-school tutoring students who had behavioral concerns were provided with additional counseling programs and while the curriculum focuses on rigorous reading and math programs we include music art and Pemdashthe extra-curriculars that help make students well rounded

now Downtown Miami charter school is the eighth most improved elementary school in Florida according to schoolDiggercom Wersquore very proud of that

ldquothe faculty tried so hard and worked in a tough environment to get this accomplishedrdquo says Matt Gorson the schoolrsquos co-founderboard chair and president of the Greenberg traurig law firm in Miami ldquoWe got to an ldquoardquo by implementing activities programs and initiatives that addressed the special needs of the communityrdquo

We think our success in overtown sends a special message that all kids can learnmdashno matter where they come frommdashwhen you encourage a sense of pride in the way the students behave and look require parental involvement and combine technology with a culture of excellence raised expectations and teacher rewards-based performance

i founded charter schools Usa in 1997 today we operate 49 schools in five states for 40000 students and we grew by 18 new schools this year alone We serve a larger percentage of minority students than the traditional public school system even though we do serve all students We are the first charter school management company in the United states accredited by the southern association of colleges and schools (sacs)

Jon Hage is founder president and chief executive officer of Charter Schools USA

Learn MoreCharter Schools USA 6245 N Federal Hwy 5th Floor Fort Lauderdale Florida 333081-954-202-3500wwwCharterSchoolsUSAcom

community to help attract and retain high quality companies in the downtown Miami area as well as to attract people to live and work there it is operated by charter schools Usa

circumstances at work in downtown Miami are uniquemdashand challenging a number of students donrsquot have experience with anything resembling a two-parent family environment and 95 percent of the 650 children attending the school receive either a free or reduced price lunch

charterschools_page_pageindd 1 9412 136 PM

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 26: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

26 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top photograph Robin Hill

Arts amp Culture

gt Adrienne Arsht Center for the Performing Arts When the Adrienne Arsht Center for the Performing Arts opened in 2006 (then called Carnival Center) it was years behind schedule millions over budget and unable to cover even its operating costs with ticket sales Today the center is healthy and hosts everything from Broadway musicals to classical music and dance programs to famous comedians It has three theaters The Knight Concert Hall the Carnival Studio Theater and the Ziff Ballet Opera House which has the countryrsquos second-largest stage (behind

New Yorkrsquos Metropolitan Opera) All but a ldquocouple percentrdquo of patrons are local according to Arsht President and CEO John Richard and 60 of the audience on any given night is there for the first time The city also has two other theaters The historic Olympia Theater at the Gusman Center on Flagler Street and the AmericanAirlines Arena Waterfront Theatre

gt Museum Park The city will gather two of its major cultural institutions in Museum Park a 29-acre Biscayne Bay-front park currently under construction The Miami Art Museum will reopen there in fall of 2013 in a building

designed by architects Herzog and De Meuron and the Patricia and Phillip Frost Museum of Science will open in 2015 They will be surrounded by public gardens and sculptures turning what has been a desolate waterfront area by the AmericanAirlines Arena into a showcase park

gt Miami Childrenrsquos MuseumJungle Island The two attractions share space on Watson Island off downtownrsquos coast

gt Miami Book Fair InternationalMiami International Film Festival Two of south Floridarsquos main cultural events take place downtown

Education

gt Miami Dade College Miami Dade Collegersquos Wolfson campus which opened in 1970 in downtown storefronts now sees more than 27000 students each year It is home to the Florida Center for the Literary Arts the Miami International Film Festival and the Earth Ethics Institute and houses two nationally recognized high schools The School for Advanced Studies and the New World School of the Arts The 25-year-old New World School trains dance theater music and visual arts students from ninth grade through bachelorrsquos degrees The Frost Museum of Science is scheduled to open at Museum Park in 2015

Ziff Ballet Opera House

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 27: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

floridatrendcom october 2012 27

( Business Portrait Downtown Miami )

gt Florida International University FIU has a downtown Miami campus largely for its executive MBA and executive education programs This year it doubled its space on Brickell Avenue and plans to offer several additional masterrsquos degree programs

gt Manchester Business School The UK-based Manchester Business School opened its first US campus downtown in 2010 offering executive MBAs Its current class has 90 students mostly US students from outside Miami and the school is looking to potentially double its space in the next year as it grows toward a goal of 300 students

gt Miami International University of Art amp Design The school offers degrees in everything from fashion merchandising to audio production

gt Early education Pre-K sites include the Miami Childrenrsquos Museum Early

Childhood Institute KLA School of Brickell and the new TiniCiti in the Brickell area Public schools include the iPrep IT high school and the Criminal Justice High School The Downtown Miami Charter School operated by Charter Schools USA serves a population of 650 kindergarten through sixth-grade students more than 95 of whom receive free or reduced lunches but has managed to raise its state grade from and an F to an A during the past five years

Miami International University of Art amp Design

Who Lives Here

gt Population A residential population of 71600 swells to 200000 during the day Downtownrsquos population is up more than 70 from 10 years ago a time during which the countyrsquos population grew by only 10

Demographics

gt Average age 36

gt Percentage of population ages 20-44 57

gt Families with children Only 38 of downtown households are families with children vs 69 in the county overall and 56 in the city

gt College ed 53 of downtown residents are college educated

Income

gt Per-capita income $32856 nearly 50 higher than countywide

gt Median household income $43992 compared to $31511 citywide

the intellectual property field with lawyers who have been Board Certified as Specialists in Intellectual Property by the Florida Bar and AVreg Preeminenttrade rated by Martindale-Hubbellreg Many have also been listed in publications such as The Best Lawyers in America and Super Lawyers The firm as a whole meanwhile has been ranked First Tier in Florida for intellectual property litigation by US NewsmdashBest Lawyers ldquoBest Law Firmsrdquo

Feldman Gale PA

Miami Office 2 South Biscayne Boulevard Miami FL 33131 ph 3053585001 bull fax 3053583309 One Biscayne Tower 30th Floor

Los Angeles Office 880 West First Street Suite 315 Los Angeles CA 90012 ph 2136255992 bull fax 2136255993

Toll Free 8004899814 wwwfeldmangalecom

Philadelphia Office 1700 Market Street Suite 3130 Philadelphia PA 19103 ph 2674141300 bull fax 2155672648

Tampa Office 400 North Tampa Street Suite 2830 Tampa FL 33602 ph 8133748890 bull fax 8006956306

From Left Jeffrey D Feldman James A Gale

Founded in 1995 Feldman Gale has built a sophisticated intellectual property practice known for its personalized service and expertise in the area ldquoWe offer the same services as big firms but without the bureaucracy and impersonal service that you often find at larger firmsrdquo notes founding partner James Gale

Feldman Gale covers a range of specialties including electrical engineering pharmaceutical biomedical computer software and internet patent prosecution Its attorneys have litigated well over 100 jury and bench trials and regularly appear in state and federal courts throughout the country In addition they represent clients in arbitration and mediation proceedings as well as in the US Patent and Trademark office

While Feldman Gale focuses on intellectual property law it has also handled sophisticated product liability defense work nationwide class actions multi-district litigation and highly technical commercial disputes Over its history the firm has represented a number of medical device manufactures and in 2011 it secured one of the largest trade secret verdicts in the USmdasha $23 billion awardmdashfor a leading medical technology company ldquoItrsquos rare to find the degree of jury trial experience that we offer at a boutique intellectual property firmrdquo notes founding partner Jeffrey Feldman

The firm boasts some of the most skilled attorneys in

Sponsored Report

( Business Portrait Downtown Miami )

top

pho

tog

rap

h B

ill W

isse

r

Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 28: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

( Business Portrait Downtown Miami )

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Must-Know Players

gt Cesar Alvarez Executive chairman Greenberg Traurig law firm

gt Jon Blunk Senior director Cushman amp Wakefield who manages leasing at SunTrust Financial Center and Miami Center

gt Donald Cartwright Senior vice president Jones Lang LaSalle who manages leasing at Southeast Financial Center

gt Josie Correa Executive director Downtown Miami

Partnership downtownrsquos retail business association

gt Christian Goode President Gentingrsquos Resorts World Miami

gt Jose Goyanes Owner Metro Beauty Center

Churchillrsquos Barbershop and Tre Italian Bistro

gt Neisen Kasdin Managing shareholder Akerman Senterfitt Miami office vice chair DDA board member City National Bank former Miami Beach mayor

gt Danet Linares Executive vice president

Blanca Commercial Real Estate

gt Stephen Owens President Swire Properties

gt Eduardo Padron President Miami Dade College which has 10 campuses and an enrollment of more than 174000 students

gt Fernando Perez General manager Mary Brickell Village

gt Jorge Perez CEO Related Group At the turn of the century he had a vision of downtown Miami as a bustling 24-hour city and desirable place to live At the time the city wasnrsquot even considered safe after 5 pm and there were

almost no amenities He demanded that the city build out a Baywalk along land he owned on Biscayne Bay then built One Miami mdash the first new downtown condo building in decades After it opened in 2005 he proceeded to build a dozen more condos around downtown where he is still building today Goode

Jorge Perez

New World School of the Arts was created by the Florida Legislature as a center of excellence in the performing and visual artsNWSA is an educational partnership with Miami-Dade County Public SchoolsMiami Dade College and the University of Florida

25 NE 2ND STREET DOWNTOWN MIAMI

NEW WORLD SCHOOL OF THE ARTSCATCH THE MAGIC THIS SEASON

NWSA_MIAMI

New World School of the Arts

Talented ExhibitionOut of Sight CasalinWalls of ArtseenPrint-Photo-Process 2013

Theme amp Transformation

NWSA Repertory Dance EnsembleWorld Dance CelebrationNutcrackerChoreographic Shows

Jazz EnsembleChamber Music and Piano RecitalHoliday Choir ConcertOrchestra Concerto Competition

Other location venues

DANCE gtgt New Wor ld Dance Theater 3052373341BFA Dance ConcertRising Stars PerformanceSpring Dance ConcertsHS Dance Showcase

MUSIC gtgt Music Hotline 3052377855Symphony OrchestraRising Stars PerformanceOpera Theater ProductionComposition Concert

THEATER gtgt Louise O Ger rits Theater 3052373541

VISUAL ARTS gtgt New Wor ld Gallery 3052373620Rising Stars ExhibitionMuseum Studies ExhibitionBFA ExhibitionHS Senior Showcase

Balm in GileadWonderful TownThe One FestivalChicago

Rising Stars PerformanceThe Beauxrsquo StratagemNew Playwrightsrsquo FestivalThe Laramie Project

Tickets gtgtnwsamdceduVisit our website and sign up for our e-newsletter to receive news updates special messages and exciting promotions about your favorite arts program

FLORIDA TREND ASD _DOWNTOWN ISSUE_12Layout 1 83012 354 PM Page 1

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

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Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 29: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

South FloridarsquoSPowerhouse

driving development throughout South Florida Miami

dade College has been the economic engine of Miamirsquos

urban core for more than four decades

MdC leads the way in building the regionrsquos workforce

churning out thousands of highly trained professionals

each year in fields as diverse as business education

health care electronics engineering and biological

sciences

While anchoring the local economy Miami dade College

also serves as the heart and soul of the cityrsquos cultural life

with its world-renowned Miami Book Fair international

star-studded Miami international Film Festival and scores

of arts programs

InVest In the future Visit Miami Dade College today

for a glimpse of the wealth it has to offer

wwwmdcedu

More than 174000 students | Nearly 2 million alumni | 8 campuses | More than 300 academic programs | Numerous baccalaureate degrees

D-2173 Florida Trend Downtown ad Newindd 2 71712 1140 AM

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)

Page 30: ( Business Portrait ) By Rochelle Broder-Singer Downtown · Christine King 727/892-2641 senior Market director / south Florida Miami - Ft. Lauderdale - palm beaches Maggie Caruso

30 october 2012 floridatrendcom

( Business Portrait Downtown Miami )

top

mid

dle

pho

tog

rap

h D

onn

a V

icto

r

Major Employers

gt Mandarin Oriental Hotel 510

gt Four Seasons Hotel Miami 500

gt Citibank-Citicorp Select Investments 400

gt Banco Santander International 375

gt KPMG 350

gt Akerman Senterfitt 330

gt PriceWaterhouseCoopers 330

gt Vitas Healthcare 300

Why I Live Here

ldquoI love the fact that Brickell and downtown is hectic during the week and everything is going on and I love the fact that on the weekend itrsquos quiet

I get to walk to work which is price-less I actually go to French class on Brickell so I walk there I go to the gym which is in the Four Seasons Hotel Wersquore huge fans of the Miami Heat so just taking the Metromover and getting there during the season is perfect You can pretty much get around and find everything hererdquo

Laura ViverosVice president and head trader fixed

income trading Ultralat Capital Markets (lived downtown since 2005)

Why I Live Here

ldquoBrickelldowntown in my opinion is the epicenter of Miami Successful businesses are located here Itrsquos youth-ful vibrant and constantly growing Having my office in Brickell helps give my law firm an aura of trustworthi-ness and professionalism And I get to walk to work Plus the area has some of Miamirsquos finest restaurants bars gyms etc For the most part everything I need or want is within a few blocks of where I live and workrdquo

Adam D MaitFounder of downtown

Miami-based Mait Law (lived downtown since 2007)

gt Steve Perricone Owner Perriconersquos Marketplace amp Cafeacute

gt Tomas P Regalado Mayor city of Miami

gt Alyce Robertson Executive director Miami Downtown Development Authority

gt Marc Sarnoff Miami

city commissioner and chairman of the DDA

gt Kim Stone Executive vice presidentgeneral manager Heat GroupAmericanAirlines Arena

gt Teresa Valdes-Fauli Weintraub PresidentCEO Fiduciary Trust InternationalRobertson

Stone

Metrorailis now departing from Miami International Airport

The best of Miami-Dade is now just a short $2 Metrorail ride away from the airport Relax and bypass the traffi c hassles with free Wi-Fi and plenty of luggage storage space on board Yoursquoll think yoursquore fl ying after your plane lands

Just 15 minutes amp $2 a trip to Downtown Miami

MetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailMetrorailis now is now departing departing departing from Miami from Miami International International AirportAirport

Just 15 minutes Just 15 minutes amp amp $$2 a trip to 2 a trip to Downtown MiamiDowntown Miami

wwwmiamidadegovtransit

Or call 1-888-311-DADE (3233)