Page 26 - OCEAN BLUE - SUMMER 2014
P. 26

FROM THE CHAIRMAN

                              South Beach Miami

                              San José del Cabo - Art Deco District, Miami

                              Positive Evolution

                              In the 70’s South Beach was a retirement location for the
                                      New York middle class. However, in the 80’s, this sleepy,
                                      slightly dilapidated community was trendily transformed
                                      by model agencies, fashion production companies,
                              and the debut of Ocean Drive magazine. The community was
                              reborn with new hotels built, existing hotels renovated, and
                              the appearance of excellent restaurants and cafés. Hundreds of
                              models, photographers, and stylists swarmed SoBe.
                              By the 90’s, South Beach was a vibrant hot spot for the world
                              of fashion and catalogue production. Companies came from all
                              over the United States as well as Europe, particularly German
                              production companies that made their headquarters in South
                              Beach. Today it is glitzy and glamorous. First-class hotels,
                              restaurants, elegant condos, and fashionable shops are the
                              norm. Real estate prices in South Beach doubled, then tripled as
                              a result of all of this action.

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