Sponsored by:

Welcome to The Miami Newsletter!

In today’s edition:

• South Florida condo sales plummet, home sales slip.

• Upcoming Nicki Nicole conert

• A deep-dive into the life of Charles L. Clements

• And more….

Quote of the Week

"Do not go where the path may lead, go instead where there is no path and leave a trail."

— Ralph Waldo Emerson

Sponsored

Invest in the asset class predicted to grow +$700 million by 2026

Looking to make smart money moves in 2024? How about investing in a market that's predicted to grow by nearly +$700m over the next few years, according to Deloitte.

Fortunately, it's never been easier for everyday investors to take advantage of this growth trend, thanks to the top platform for investing in shares of blue-chip art, Masterworks. 

Masterworks clients have already entrusted the platform with $1 billion. Isn’t it time you joined them?

Investing involves risk and past performance is not indicative of future returns. See important Reg A disclosures and aggregate advisory performance masterworks.com/cd.

Trivia

Here is your trivia question of the week. The answer will be shown in next week’s newsletter. Which do you think it is? No cheating!

Which Miami building is celebrated for its distinctive architectural style and historical significance as a former bank and office building?

A) Miami Tower

B) The Freedom Tower

C) The Security Building

D) The Alfred I. DuPont Building

Answer to Last Week's Trivia:

The name of the popular Miami event that showcases the best of the local music scene, with performances spanning various genres and styles is A) Miami Music Week.

New

💼 Business

Aeroméxico adds flights from Miami airport to vacation hot spot. (Link)

South Florida condo sales plummet, home sales slip. (Link)

🏒 Sports

What the Dolphins final injury report reveals. And encouraging development on Tagovailoa. (Link)

Five Florida Panthers questions that need to be answered during training camp. (Link)

🏦 Finance

Automotive group sells closed Ford dealership for $22 million. (Link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports

🏈 Louisiana Tech Bulldogs at Florida International Panthers Football
Pitbull Stadium, Miami, FL
Saturday, Sep. 28th | (More info)

⚽ Pittsburgh Riverhounds at Miami FC
Pitbull Stadium, Miami
Saturday, Oct. 5th | (More info)

Music & Concerts

🎶 Nia Archives (21+)
Gray Area, Miami
Friday, Sep. 27th | (More info)

🎤 Nicki Nicole
The Fillmore Miami Beach at Jackie Gleason Theater, Miami
Saturday, Sep. 28th | (More info)

Family

🎶 Bolero Night
1207 Mai Monides Street, Miami Beach
Thursday, Sep. 26th | (More info)

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “Miami with an art district where the buildings are canvases for digital art” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

Miami Historical Events

The Opening of Joe's Stone Crab (1913) - A culinary landmark in Miami.

The opening of Joe's Stone Crab in 1913 marked the inception of what would become a culinary landmark in Miami, setting the stage for the city's vibrant dining scene. Founded by Joe Weiss in Miami Beach, Joe's Stone Crab began as a small lunch counter but quickly gained fame for its signature dish: the Florida stone crab, served with mustard sauce. The discovery that stone crabs could be harvested for their claws, which then regrew, provided a sustainable and unique delicacy that drew patrons from far and wide. Over the years, Joe's Stone Crab has not only become synonymous with Miami's culinary identity but also a testament to the city's rich history and cultural evolution.

Joe's Stone Crab's impact extends beyond its menu, contributing significantly to the social and cultural fabric of Miami. As one of the oldest restaurants in the city, it has hosted a myriad of guests, from celebrities and politicians to tourists and locals, all drawn by the allure of its renowned seafood. The restaurant's enduring success and popularity have played a role in establishing Miami Beach as a gastronomic destination, influencing the development of the area's dining scene and setting a benchmark for culinary excellence. The family-owned establishment has remained at its original location, expanding over time to accommodate the growing number of visitors seeking to experience its legendary cuisine.

Today, Joe's Stone Crab stands as a symbol of tradition, resilience, and the importance of community in Miami. It represents the city's ability to blend cultural influences into a unique dining experience, showcasing the best of what Florida has to offer. The restaurant's century-long history is a story of adaptation and success, mirroring the dynamic growth of Miami itself. As Joe's continues to serve generations of patrons, it remains a beloved institution, embodying the spirit of Miami and cementing its place as a culinary landmark in the heart of the city.

Famous People From Miami

Charles L. Clements Early 20th-century businessman, contributed to Miami's urban landscape.

Charles L. Clements emerged as a pioneering businessman in the early 20th century, harnessing the burgeoning economic opportunities of the time. His initial ventures laid the foundation for a career that would significantly impact Miami's urban development.

Real Estate Development and Expansion (1910s-1920s)

Clements recognized the potential of Miami's real estate market during its early boom periods. He was instrumental in developing residential and commercial properties, contributing to the city's rapid growth and shaping its urban landscape.

Investment in Infrastructure (1920s-1930s)

Understanding the importance of infrastructure in urban development, Clements invested heavily in Miami's transportation and utilities. His efforts facilitated greater connectivity and accessibility, fostering economic growth and attracting new residents and businesses.

Contributions to Miami's Architectural Identity (1930s-1940s)

Clements was a key figure in defining Miami's architectural identity, promoting innovative designs that blended functionality with aesthetic appeal. His projects included landmark buildings that today stand as symbols of the city's rich architectural heritage.

Civic Engagement and Philanthropy (1940s-1950s)

Beyond his business endeavors, Clements was deeply involved in civic activities and philanthropy. He supported various community initiatives and charitable causes, strengthening the social fabric of Miami and enhancing the quality of life for its residents.

Leadership in Business Communities (1950s-1960s)

Clements held leadership roles in several business and trade organizations, advocating for policies that supported economic development and entrepreneurship. His influence extended beyond Miami, impacting regional and state-level business practices.

Vision for Miami's Future (1960s-1970s)

Clements's vision for Miami encompassed a dynamic urban center that balanced growth with environmental sustainability. He was an early proponent of planned development, recognizing the need to preserve Miami's natural beauty while accommodating its expansion.

Connection to Miami (Early 20th Century-1970s)

Throughout his career, Charles L. Clements's contributions were pivotal to Miami's development. His work in real estate, infrastructure, and civic life played a significant role in transforming Miami into a modern, vibrant city.

Legacy and Impact (1970s-Present)

Clements's legacy is evident in Miami's urban landscape, characterized by innovative architecture, robust infrastructure, and a commitment to community welfare. His forward-thinking approach to urban development has left an enduring impact on the city.

Key Achievements:

• Pioneered real estate development in Miami, significantly contributing to its urban expansion.

• Invested in infrastructure improvements, enhancing the city's connectivity and accessibility.

• Promoted Miami's architectural identity through landmark projects.

• Engaged in philanthropy and civic initiatives, improving community welfare.

• Advocated for sustainable urban planning and economic development.

Charles L. Clements's career as a businessman and civic leader was marked by a profound impact on Miami's urban landscape and community. His investments in real estate and infrastructure were instrumental in the city's growth, while his commitment to architectural innovation and civic engagement helped shape Miami's identity. Clements's vision for a balanced and dynamic urban environment continues to influence Miami's development, showcasing his lasting legacy as a key architect of the city's modern form.

Connect With Me

If you want to connect, reply to this email and let me know what you think.

I would love to hear from you. Don’t be shy.

-Matthew Larsen

Poll