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LTC 292-2023 CITY OF MIAMI BEACH WINS 2023 FLORIDA LEAGUE OF CITIES AWARDM IAM I BEACH OFFICE OF THE CITY MANAGER NO. LTC# LETTER TO COMMISSION T O : Honorable Mayor Dan G elber and Mem ers of the City Commission FR O M : Alina T. H udak, City Mana DATE: June 28, 2023 S U B JE C T: CIT Y O F M IA M I B E A C H W IN S 202 3 FLO R ID A LE A G U E O F CITIE S AW A R D T he purpose of this Letter to Com m ission is to announce that the O ffice of Marketing & C om m unications, in partnership with the Econom ic Developm ent Departm ent, have won the 2023 Florida M unicipal Achievem ent Aw ard fo r Economic Advancem ent for the M ake a B old M o v e business attraction cam paign. T his cam paign w as developed to entice business leaders and entrepreneurs to relocate to Miam i Beach and/or expand their existing operations, with the goal of attracting technology and financial serv ice businesses, creating high-skilled / high-wage jobs for new and existing residents, and filling vacant office spaces. The cam paign showcases why Miami Beach is a business comm unity like no other, by highlighting the city's unique lifestyle assets including arts and culture, health and wellness, warm w eather and fam ily friendly neighborhoods. M ake A B o ld M o v e is a w elcom e call to com panies that M iami Beach provides an environment where team s can live a full life outside of work, and where work culture and workplace can be balanced. T he cam paign w as gee-targeted to hit the key geographical m arkets of Silicon Valley, Los Angeles, San Francisco, New York City, Chicago, Connecticut and South Florida markets outside Miam i-Dade County, w ith an industry fo cus on technology, private equity, hedge funds, and other financial serv ices firm s. It included paid and organic social m edia (Facebo ok, IG , Tw itter, R eddit, YouTube, Li nkedln), G oogle ads, search engine optimization, and digital ad placem ents. It ran betw een June and O ctober 2022 with a media budget of $43,430.47 and realized 5,803,4 33 unique im pressions. W ith continuous optimization of keyw ord targeting, the 'C ost Per C lick" (C PC) decreased from $3.68 I click at the onset of the campaign to $0.34 CPC in the final months. The cam paign show cased Miam i Beach as the destination of choice for new and emerging tech and financial serv ices com panies. Som e of the com panies making a bold move have included Andreessen Horo w itz (a16z), Pretium , BTIG , G eneral Atlantic, SiriusXM , Pennant Park and S iebert Financial Corp, the latter moving into the Art Deco Cultural District. The campaign has enhanced the aw areness of Miam i Beach's business assistance programs including the job creation incentive pro gram , and the expedited plan review and permitting pro grams. 292-2023 E x a m p le s o f th e c a m p a ig n c re a tiv e c a n b e s e e n b e lo w : MAKE A BOLD MOVE MIAMI BEACH • city ot Miami each Goverm e to Sons. d e Make A Bold Move to Miami Beach We are committed to strengthening the operations of our business ecosystem by ottering bold incentves and programs that are strategic, achievable, and sustainable Miami Beach is an innovative and growth-tocused business community with tanqble and meaningful tesources for businesses large and small. rbb»z.com R edefine, Cre ate, and Learn m ore Ge nerate - M ak e A Bold... p uwe DO cormst ) sha re lunch breaks mandatory Started in 2009, the Florida Municipal Achievement Awards program provides Florida's cities with an opportunity to receive recognition for superior and innovative efforts in four categories: Economic Advancement, Environmental Stewardship, Local Action, and Public Engagement. The Economic Advancement Award focuses on programs that support the local business community and improve the economic well-being of cities. Past winners of the award have included the City of Orlando, the City of Gainesville and the City of Clearwater. For more information, please contact Melissa Berthier at melissaberthier@miamibeachfl.gov or Rickelle Williams at rickellewilliams@miamibeachfl.gov. ATH / RW /MB/ HS/ MK