Miami flood risk News

Miami Beach Developer Dismisses Rising Sea Levels as ‘Paranoia’

A South Florida developer is questioning the well-established facts of climate change, and is putting his money where his mouth is, investing millions to build residential projects in highly exposed Miami Beach. Brazilian billionaire Jose Isaac Peres is hosting an …

Building for Climate Change: Miami’s High-Net Worth High-Rises as a Model

The Monad Terrace—a 59-unit Miami Beach luxury condominium—hasn’t been built yet, but its salesroom is up and running. Set on the ground floor of an office building a few blocks from the Monad’s bayfront building site, the space recreates the …

10 Years After Katrina, Coastal Cities Face Greater Flood Risk: RMS

A decade after Hurricane Katrina caused $41 billion in property/casualty insurance losses, the most expensive catastrophe for the global insurance industry, rising sea levels are driving up expected economic and insurance losses from hurricane-driven storm surge in coastal cities across …