Biz?? Buzz?? of the Week???: What's next for marijuana industry after Amendment 3 fails; Voters approve replacement for island projects and more.
South Florida Business Journal
The Miami region's source for local business news & events. Part of the American City Business Journals network.
Marijuana industry still has hope for Florida after failure of Amendment 3 by Ashley Portero
After months of campaigning and millions of dollars in political spending, Floridians rejected efforts to legalize marijuana. But industry insiders don't expect the fight for legalization will die anytime soon.
Miami voters approve replacement for Jungle Island, Watson Island project by Brian Bandell
City of Miami voters approved two referendums for developers who lease land from the city on Watson Island, one for the redevelopment of Jungle Island and the other for a mixed-use project dubbed Watson Harbour.
Florida senior home care service provider files for bankruptcy by Eman Elshahawy
A Fort Lauderdale-based senior home care service provider that serves 46 counties in the Sunshine State filed for bankruptcy with over $10 million in debt.
Sales launch at $2 billion Bahia Mar project in Fort Lauderdale by Erik Bojnansky
Bahia Mar's developers just launched sales for the first phase of the two-million-square-foot, 40-acre waterfront project in Fort Lauderdale.
Miami Beach approves $92.5 million convention center hotel funding by Cortney Danielle Moore
The Miami Beach Redevelopment Agency (RDA) has given the green light for $92.5 million in funding for the long-anticipated Grand Hyatt Miami Beach Convention Center Hotel project.
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Can H1-B visas support demand for skilled jobs? by Erik Bojnansky
As South Florida’s economy evolves, so, too, does the demand for skilled labor.
And one way hundreds of South Florida companies have satisfied that need is by hiring college-educated foreign nationals with H1-B visas.
Created in 1990, H1-B visas enable companies to hire workers from abroad for science, technology, engineering and mathematics jobs and a host of other occupations. But while the program was designed to help companies secure workers for these hard-to-fill positions, the demand for the visas far outweighs the supply.
Businesses, universities building tech job pipelines in South Florida by Ashley Portero
Businesses searching for technology employees in South Florida often have the same complaint: There isn’t enough high-quality talent in the region to fill those jobs.
Not everyone agrees with that assessment.
While local colleges and universities are graduating students with technology degrees, many struggle to land jobs in the tri-county area. Instead, companies often import talent or hire remote workers for those positions, according to a report from Miami Tech Works, a nonprofit initiative powered by a $10 million grant from the U.S. Economic Development Administration’s Good Jobs Challenge.
That's all for this week's Biz Buzz, and thanks for supporting the SFBJ. This weekly round-up of South Florida's buzziest business news was compiled by Eman Elshahawy , digital producer. Questions? Comments? Concerns? News tips? Send them to [email protected] .
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