Sea cargo to and from Miami-Dade has dipped only slightly despite the coronavirus, according to PortMiami Director Juan Kuryla, who said he expects improvement through year’s end.
With these words, the Director for Economic Development of the City of Doral, Manuel Pila, explained why the municipality has experienced a rapid recovery after the first months of COVID 19: “We have a solid, spacious, multi-varied industrial sector and area and we are very close to Miami International Airport.”
Pila explained that similar to what has been happening nationwide, Doral has suffered the financial impacts of the pandemic. This was evident not only in the problems that restaurants, shops, hotels, and shops, in general, were having but also in the decline of applications received by the City of Doral for the opening of new businesses.
Amid this prolonged uncertainty, everyone agrees that the pandemic’s impacts are yet to be fully seen.
Nine months in, the health crisis is about to trigger a global economic crisis, and real estate sectors are reacting differently—some trends, that were already underway, are accentuated, while others are disrupted completely from their original course. One of the winning industries in COVID-19 times is industrial.