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Blackstone Sets Up Shop in Miami

January 5, 2021


By the way things are going, Miami seems to be well on its way to being the next Silicon Valley as it makes its rise as a major tech hub. For many years, Miami has been making waves in the startup scene as more and more aspiring entrepreneurs, as well as established enterprises, are drawn to its diverse culture, and affordable, yet metropolitan way of life.

The scene is especially booming for financial tech companies as the list of industry leaders relocating to Miami continues to grow. The latest on that list? Blackstone, a major private equity investment firm that is set to open a tech office in Miami bringing over 200 tech-focused jobs.

Lucky for Blackstone, with coding boot camps like Wyncode and tech firms like Ultimate Software based in the area, Miami has an incredible talent pool that can be tapped into to fill in those job roles. In an interview, Blackstone chief technology officer John Stecher said, “You’ve got a great college ecosystem — one-quarter of all university students in Florida are in the Miami area, and they tend to want to stay near where they’ve graduated.”

Other major tech companies have also opened small offices in Miami including Google, Microsoft, and Softbank further proving that Miami’s efforts to establish itself as a tech hub is gaining traction! Miami Mayor, Francis Suarez said in an interview, “Miami is morphing into a real player among tech ecosystems nationally and internationally. This shows we do have the talent to compete, in addition to all the other benefits we’ve always had — weather, low taxes, and extremely high quality of life and safety. As mayor I’m proud to help create a city that attracts a move of this kind, a move that brings high paying jobs.”

As more and more people continue to flock to Miami, now couldn’t be a better time to consider putting your home on the market. We’re proud to help our clients reach their real estate goals through our unconventional marketing methods. Our tech-driven strategies are a reflection of the Miami Tech community that we are proud to call home.

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