MIAMI—Miami was just named among the 12 cities investing and occupying world city real estate by Savills World Research. At a glance, the report calls out Miami for tourism, construction, and Latin American regional headquarters.

Miami is set to see double-digit population growth in the next 15 years, Savills reports. Specifically, the Magic City will post a 15.2% rise in population while the cost to accommodate a workforce is $48,962. That puts Miami in 10th place among the 12 cities Savills listed. The report also looks at various ways cities are built, such as countryside, conversion, creative colonization and sea stealing.

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