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Miami's Population Drop, Mysterious Donation to Mayor, and LED Billboard Debate: Weekly Update Inside!

Miami's Population Drop, Mysterious Donation to Mayor, and LED Billboard Debate: Weekly Update Inside!

Get the latest on Miami's first population decrease in decades, MoonPay CEO's donation to support the Miami mayor's campaign, and the contentious LED billboard proposal in the downtown area. Plus, the best deals for Miami Spice 2023, and more!

Joe Biscaha
August 04, 2023

Happppppy Friday!

It’s Miami Spice season, read on for all the details and which spots are actually worth visiting.

In this weeks update:

📉 Miami's First Population Drop in Years: Soaring housing costs are driving residents away, despite economic growth. What does this mean for the future of the metro area?

💰 Mysterious Donation Unveiled: MoonPay CEO Ivan Soto-Wright is identified as the person behind a $500,000 donation to support Miami's mayor. Discover what's behind this substantial contribution.

🔆 LED Billboard Controversy: Downtown residents are pushing back against changes to zoning codes that could allow massive LED billboards across the city.

In case you missed it

Is Miami Shrinking??? Miami's population is decreasing." That's right — it's not sinking, but the number of people living there is shrinking. The latest Census figures have become a major talking point in the city. The Wall Street Journal has been analyzing the data, while the Miami Herald has been interviewing residents to understand the reasons behind this trend. From 2019 to 2022, Miami-Dade County experienced its first decline in population in many years. We'll explore some of the statistics and stories uncovered by these two publications. It's worth noting that when the term "metro area" is used, it appears to refer to the combined regions of Miami, Fort Lauderdale, and West Palm Beach

Miami Sees Its First Population Drop in Decades

Soaring housing costs are driving many locals away despite the city’s economic boom.

www.wsj.com

As It turns out, MoonPay CEO is behind the mysterious donation to support Miami Mayors presidential Campaign

MoonPay CEO Ivan Soto-Wright was named by the Miami Herald as the person behind a mysterious $500,000 donation supporting Miami's mayor.

www.theblock.co/

Downtown residents are speaking up against the city commission to change the zoning code that would allow LED billboards up to 10,000 sqft across the city.