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Last week wrapped up the annual Art Basel and Art Miami which attracts art aficionados from around the world to Miami-Dade County each year. The fair has become a catalyst for growth in the city of Miami Beach — organizers of the fair estimate that $13 million was contributed to the local economy. This cultural development is also affecting high-end real estate and it could have an impact on the redevelopment of the convention center.
Mayor Philip Levine, City of Miami Beach