Why South Florida - 2Q 2023_Final

International Destination

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Intl. Airports

Brightline

Rail & Intermodal

Metropolitan Areas

County Ports

Highways

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Intl. Airports

Brightline Station

County Ports

Highways

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AIRPORTS South Florida has three international airports with nearly 2,000 daily flights including over 190 international destinations, making it one of the top international hubs in the country. All three airports serviced over 80.0 million passengers in 2022, an increase of more than 21.0 million passengers from 2021. MIA served more than 50.6 million passengers, shattering its record of 45.9 million by nearly 10.0% set pre-pandemic in 2019.

Passenger traffic increased by 11.6 million during 2021 from the previous year.

#1 International Freight #1 International Passengers

PORTS Known as the cruise capital of the world, South Florida has three significant ports that handle the largest amount of world passengers combined. All three ports are crucial economic drivers for the region as cargo has increased significantly since the expansion of the Panama Canal. Nearly 2.6 million TEU’s in 2022, holding steady from the previous year despite global economic headwinds and still above the 2.2 million seen during 2020. The area’s most significant trade partners remained with Latin America, Caribbean and followed by Asia.

#1 Cruise Port in the World - Contributes over $43 Billion to local economy

#3 Cruise Port in the World - Contributes over $30 Billion to local economy

#4 Busiest container port among Florida’s 15 deepwater ports. -Contributes more than $14 Billion to local economy

BRIGHTLINE Brightline is a high-speed passenger rail that currently connects Miami, Aventura, Fort Lauderdale, Boca Raton and West Palm Beach. Additional stations are planned for Orlando, Tampa and PortMiami. The Orlando station is projected to begin operations during the third quarter of 2023. The Tampa station is expected to be completed over the next five to eight years.

Cushman & Wakefield | Why South Florida