The City of Miami is a first class, global city. Not only is Miami a top destination for tourism but it also continues to attract foreign businesses and corporations. As many of these businesses have moved their base of operations to Miami, they have also spurred a tremendous growth in international real estate. With over 419,000 residents in only 35 square miles, Miami is not only a great place to visit but also to live in and do business. The City of Miami has created an environment for economic growth through balancing the budget, reducing wasteful spending, and eliminating burdensome regulations on businesses. Today, there are cranes and construction around the City working on new developments and projects, as well as expanding existing ones. Miami will continue to grow not only in size but also as a prominent destination for business on a global scale.