The transaction expands Simi Capital’s footprint in South Florida. The acquisition follows the investment firm’s recent purchase of a 1.5-acre industrial outdoor storage site at 3500 Milam Dairy Road.
The recipients were selected as winners of MDIA’s third Public Innovation Challenge. These companies will deploy cutting-edge solutions involving artificial intelligence, computer vision, and data analytics to improve cargo tracking, terminal efficiency, and traffic flow at the port.
With city officials calling the park the most transformative public space in the city’s history, the multimillion-dollar project is considered a centerpiece for the community that will offer a wide range of outdoor and recreational amenities.