The Sunshine Economy

Business
9:38 am
Mon December 15, 2014

The Sunshine Economy: Not For Profit But For A Cause

Alonzo Mourning at his foundation's downtown Miami headquarters with Mourning Family Foundation President Bill Diggs.
Credit Tom Hudson

Alonzo Mourning likes to tell the story about a deflated basketball on the desk of his Georgetown coach John Thompson.

He calls that deflated basketball from his collegiate years a "powerful statement because many of us as young athletes think that basketball is it." 

Mourning told the story during his enshrinement in the NBA Hall of Fame in August of 2014. It is a story he uses to illustrate his desire to give back. 

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Art And Business
12:06 am
Mon December 8, 2014

Art And The Sunshine Economy

VIPs and media make their way to the 2014 opening of Art Basel Miami Beach. The art fair, which began in 2002, is credited with bringing a global art audience to South Florida each December.
Credit Tom Hudson

    

There are plenty of ways to measure the meaning of art: aesthetic value, emotion resonance, ticket sales, auction price, jobs. South Florida's art economy is young but growing.

Communities have invested hundreds of millions of public dollars in performing arts centers and museums, cultural programs and outreach efforts. The arts are embedded in the promise of South Florida marketed to visitors.

And increasingly, South Florida artists are appearing on the world's stage. 

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The Business of Big Events
12:17 am
Mon November 24, 2014

The Sunshine Economy: Books, Basel, Boats, Booze

A shot from the street fair at the 2001 Miami Book Fair International.
Credit Miami Book Fair International / Courtesy

South Florida knows how to throw a party. And it better, considering how important hospitality is to the regional economy. From conferences and conventions to fairs and festivals, the event business picks up as temperatures up north drop. Some are for out-of-towners exclusively, others celebrate South Florida for South Floridians.

To get a sense of the economics and local emotions involved, The Sunshine Economy spoke with the driving forces behind four big events that dot the South Florida map.

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Sunshine Economy
7:08 am
Mon November 17, 2014

Power of Price: Health Care & Health Costs

Does this sound like a top health care CEO?

Or this?

Those are the comments of Baptist Health South Florida CEO Brian Keeley. Baptist Health is the largest faith-based non-profit health system in South Florida. It delivers $2 billion of health care to South Florida through seven hospitals, more than a dozen urgent care centers and various other specialty health centers. The Baptist business has more than 1,700 beds and serves more than 1 million patients per year. Keeley has been with Baptist for more than 30 years.

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Business
9:17 am
Mon November 10, 2014

The Sunshine Economy: Work & Wages

Social worker Lionel Lightbourne works for a non-profit in Liberty City. He says he makes a "doable living."
Credit Tom Hudson

Lionel Lightbourne has been a social worker in Liberty City for four years. He says he is a "fish in water" with his chosen profession. He speaks with passion about empowering families and children in need.

If he were single, he says his income would put him just above the poverty line. "But together with my wife," he says, "we will actually be in the middle class."

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Politics
9:23 am
Mon November 3, 2014

The Sunshine Economy: Election Eve In Florida

The finger-pointing and mudslinging almost is over. There is an end to the negative ads. Floridians will choose their next governor and it's safe to say that man already has served as governor. And he has served as a Republican. 

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Sunshine Economy
1:39 pm
Mon October 13, 2014

Affluence & Affordability: See South Florida's Wealthiest

Credit Tax Credits/ Flickr

    

Just over two dozen people in South Florida hold more than $100 billion in wealth. These 25 individuals make up South Florida's Wealthiest, a list from the Miami Herald, compiled by Global Governance Advisors, an executive pay consulting group. You can see the list below, or here.

There's a voyeuristic quality of these kinds of "richest" lists.

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Sunshine Economy
8:32 am
Mon October 6, 2014

Where Money In Florida's Gubernatorial Race Is Coming From

Credit University of Maryland Press / Flickr/Creative Commons

Close to $50 million has been spent buying airtime in Florida through the end of September by Florida's gubernatorial candidates and their political parties.

While some of the messages include bright pictures of Rick Scott and Charlie Crist touting their economic and education plans, most of the messaging features ominous sounding narration and dramatic music telling an audience what's wrong with the other guy. 

  According to the Center for Public Integrity at least half of the ad money spent in Florida has been spent on negative ads like these:

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Sunshine Economy
1:00 pm
Mon September 29, 2014

Trade Winds: Exporters in South Florida

Two Super Post-Panamax Cranes await cargo and ships at PortMiami (Oct. 2013).
Credit Tom Hudson

    

It's a familiar saying among exporters -- South Florida is the shopping cart for Latin America.

From cell phones to gold, medicine to aircraft parts, it all leaves the United States from South Florida destined for overseas markets. While the pace of trade is down from a year ago, according to trade media company WorldCity, the seaports and airports here maintain a trade surplus.

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Sunshine Economy
12:43 pm
Mon September 22, 2014

The Revolution And Evolution Of Miami Music Business

Willie Clarke in studio.
Credit WLRN / Courtesy

Can you name these songs? 

OK, so what do they have in common? 

All of these songs, either in whole or part, were recorded at Criteria Studios in Miami. It began as a small studio in the late 1950s and grew into six studios with a global reputation for making hits.

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The Sunshine Economy
6:55 pm
Fri September 12, 2014

Power Of Price: A Special Hour On Health Care's Complexity, Secrecy And Cost In South Florida

Patients can know what health care costs them, but can they really know what it costs?
Credit phasinphoto / freedigitalphotos.net

  Almost a year and a half ago, Mt. Sinai Medical Center CEO Steve Sonenreich pledged on WLRN to make public what insurance companies pay his hospital.

He later told us that because of non-disclosure agreements between the hospital and the region’s insurance companies, he legally couldn’t share that information after all.

It turns out these secrecy agreements are standard practice between South Florida insurers and hospitals.

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Trade And Logistics
8:17 am
Tue May 20, 2014

Sunshine Economy: Going Through The Miami Tunnel

The light at the end of the tunnel. After 55 months of construction the Miami Tunnel is due to open to traffic before the end of May. The tunnel is designed to move cargo trucks and cruise passenger traffic out of downtown Miami and under Government Cut between Watson Island and PortMiami.
Credit Tom Hudson

I'd been asked a lot of things in advance of an interview with a source, but the text from Chris Hodgkins was my first wardrobe question: "What size shoes do you wear?"

Hodgkins is a vice president with MAT Concessionaire, the conglomerate formed to build, and eventually operate, the Miami Tunnel.  More than four years after beginning construction, the $1 billion tunnel is scheduled to open to traffic by the end of May.

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Sunshine Economy
1:08 pm
Thu May 8, 2014

Burgers Before Beer: 5 Questions For Funky Buddha Brewery Co-Owner

Before he went into the beer business, Funky Buddha co-owner KC Sentz (second from the left) was an electrical engineer at Motorola, though his first taste of the working life was at a McDonald's when he was 14.
Credit Courtesy of Funky Buddha

KC Sentz and his brother Ryan opened the Funky Buddha Brewery in June of 2013. It was the first production microbrewery in Broward County, and the best known in South Florida. The brewery added a bottling line recently, a milestone for craft breweries, and this May the Sentz brothers announced plans to expand.

Before seeing success as a brewery owner and manager, KC Sentz worked in engineering. But before that, he got his paycheck from Mickey D's.

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Sunshine Economy
8:26 am
Tue May 6, 2014

How Video Game Designers Make A Living In Miami

Credit freedigitalphotos.net

Miami is a magnet for entrepreneurs in fashion, film, and visual arts. So it makes sense then that a creative technology sector could and would grow from the intersection of those disciplines. In the last couple of years, a small video-game industry has developed in South Florida.

Some of the players include Dark Side Studios in Sunrise, Magic Leap in Hollywood, Shiver Entertainment, whose bosses just leased space in South Miami’s Sunset Place, and Skyjoy Interactive on Brickell Avenue.

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Sunshine Economy
6:00 am
Mon May 5, 2014

Can South Florida Boast Of Having Some Tech Cred?

Hundreds of entrepreneurs, technologists and executives come to South Florida May 5 and 6 for the first eMerge Americas technology summit. The conference aims to highlight Miami's growing tech prowess.

The technology industry remains small in South Florida, but it attracts a lot of attention. The promise of high-paying jobs, a highly educated community and a more diversified economy are powerful pulls to develop the tech industry.

WLRN revisits the effort to grow and attract the technology industry to our region. It's the Sunshine Economy with "The Future Emerging: The Technology Industry in South Florida.”

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