Friday, October 14, 2011

Megalopolis

Although Miami is not considered A megalopolis it is the second largest city in Florida. With a population of about 399,457 Miami is right after Jacksonville.  From 1900 Miami's population has jumped from 1,681 to almost 400,000.  

http://www.stateofflorida.com/Portal/DesktopDefault.aspx?tabid=95

Miami population
YearCity
proper[65]
Metro
area[66]
19001,681N/A
19105,471N/A
192029,54966,542
1930110,637214,830
1940172,172387,522
1950249,276693,705
1960291,6881,497,099
1970334,8592,236,645
1980346,8653,220,844
1990358,5484,056,100
2000362,4705,007,564
2010399,457[67]5,564,635
http://en.wikipedia.org/wiki/Miami

Though Miami has yet to reach the heights of New York and Boston its economy is greatly improving.  Before Miami's major source of income was tourism but starting in the early 2000s trade has been increasing in the Miami region.  Because many companies choose to establish their Latin American headquarters in southern Florida, Miami-Dade County is known as the "Gateway to the Americas." In 2003 approximately 1,200 multinational corporations were established in the region. (source)  International banking has also risen in the Miami area. With total deposits of $74.3 billion in 2003, about 100 commercial banks, thrift institutions, foreign bank agencies, and Edge Act banks are located in downtown Miami, representing the largest concentration of domestic and international banks on the East Coast south of New York. (source)


Miami is on its way to becoming a major factor in the American economy and I predict in a few years it will reach the levels of many megalopolises like New York and Los Angeles. 


Downtown Miami

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