Entry in progress—B.P.
Another city that has been called “Wall Street South” is Charlotte, North Carolina.
Brickell (/ˈbrɪkəl/ brik-əl) is an urban neighborhood in Miami, Florida, United States. A neighborhood of greater Downtown Miami, Brickell is Miami and South Florida’s major financial district.
Brickell was settled in the modern era in the mid-1800s by early pioneers, growing to become Miami’s “Millionaire’s Row” in the early 1900s after the construction of lavish mansions along Brickell Avenue by Mary Brickell. By the 1970s, office towers, hotels and apartments began replacing the historic mansions. Today, Brickell has grown to overtake the city’s historic central business district to the north, as one of the largest financial districts in the United States. With a fast-growing residential population, Brickell is one of Miami’s fastest-growing as well as its most dense neighborhood, with a 2010 population of about 31,000.
Brickell has a large concentration of wealthy Argentine, Colombian, Cuban, Nicaraguan and Venezuelan residents. Many work in the neighborhood’s financial and trade sectors, or live in Brickell part-time.
MAY 7, 2015 @ 9:53 PM
Welcome To Brickell, Miami’s “Wall Street South”
Scott Beyer, CONTRIBUTOR
By now, it is common knowledge which cities are the U.S. banking capitals. Because of Wall Street, New York City remains #1, and the Bank of America headquarters has made Charlotte #2. But fly further south to Miami, and you’ll witness the emergence of another international banking center, in a neighborhood called Brickell.
This is a rapidly-growing area just south of downtown that is central to the city’s banking culture—and, increasingly, its culture at large. As recently as the 1970s, Brickell was a low-slung neighborhood with stately mansions and a handful of small banks. It remained moderately-built throughout the 1980s and 1990s, but in the last 15 years has exploded, thanks to incoming capital from Latin America and elsewhere. Since 2000, its population more than doubled to 28,000, and it is home to 53 banks. The finance, insurance and real estate industry account for 17% of jobs within the zip code. Typical firms here are ones like Pan American Finance, an advisory group that focuses on Central America and the Caribbean, or the French firm Credit Agricole.
Miami (FL) Sun Times
Miami’s Brickell nicknamed ‘Wall Street South’ by Forbes
WRITTEN BY SHAMONTIEL VAUGHN POSTED: 05/09/2015, 11:00AM
New York City has Wall Street, and Charlotte, North Carolina has Bank of America’s headquarters. But Miami has a sweet spot when it comes to banking culture, too, and it’s called Brickell. Locals may be more familiar with it than outsiders, but Forbes recently highlighted the Florida neighborhood.
On Brickell‘s official site, it gives itself the nickname “Manhattan of the South,” confirming that “200,000 people come to work in Brickell, which is home to the largest concentration of international banks in the United States.”
New York City • Banking/Finance/Insurance • Monday, August 24, 2015 • Permalink