The IIF was able to invest in development projects due to Disston's purchase and an opportunity to improve transportation arose when oil tycoon Henry Flagler began purchasing land and building rail lines along the east coast of Florida as far south as Palm Beach in 1893 Along the way he built resort hotels transforming territorial outposts into tourist destinations the land bordering the rail lines was developed as citrus farms by 1896 the rail line had been extended to Biscayne Bay Three months after the first train had arrived the residents of Miami voted to incorporate the town Miami became a prime destination for extremely wealthy people after the Royal Palm Hotel was opened. . . Downtown as seen from the Port of Miami, 2018 Estimate Miami Florida Business directory 2.4.1 Later immigration This section needs expansion You can help by adding to it (July 2011).
In 2015 Florida broke the 100-million visitor mark for the first time in state history by hosting a record 105 million visitors the state has set tourism records for eight consecutive years most recently breaking the 120-million visitor mark for the first time in 2018 with 126.1 million visitors reported. (14.6) 60.5 5.1 Natural hazards Miami is split roughly into north south west and Downtown areas the heart of the city is Downtown Miami which is on the eastern side and includes the neighborhoods of Brickell Virginia Key Watson Island as well as PortMiami Downtown Miami is Florida's largest and most influential central business district with many major banks courthouses financial headquarters cultural and tourist attractions schools parks and a large residential population Brickell Avenue has the largest concentration of international banks in the United States Just northwest of Downtown is the Health District which is Miami's center for hospitals research institutes and biotechnology with hospitals such as Jackson Memorial Hospital and the University of Miami's Leonard M Miller School of Medicine. The Central Terminal consists of three concourses labeled E F and G with a combined total of 52 gates the Miami-Dade Aviation Department began a three-year $657 million renovation of the terminal in November 2015 to include a new train in Concourse E and new gates and ticket counters the airport authority plans to demolish and replace the terminal in stages between 2025 and 2036 while funding upgrades to keep the facilities usable in the interim. .
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