. 6.2 Exploration Competition has become more global Miami 4.1 Passenger The North Terminal construction merged the four piers into a single linear concourse designated Concourse D This configuration was adopted in order to increase the number of aircraft that can simultaneously arrive and depart from the terminal allowing each gate to handle approximately twice as many operations per day the construction process started with the extension of the original a and D concourses in the late 1990s By the mid-2000s the gates on the east side of Concourse D were closed in order to make room for new gates being constructed as part of the North Terminal Development project in 2004 a new extension to the west was opened consisting of Gates D39 through D51 Concourse B was demolished in 2005; in summer 2009 Gates D21 to D25 opened where Concourse B once stood Concourse C was demolished in 2009; in August 2013 Gates D26 D27 and D28 opened where Concourse C once stood and were the final North Terminal gates to open Concourse a closed in November 2007 and re-opened in July 2010 as a 14-gate eastern extension of Concourse D in August 2010 a further extension for American Eagle flights was opened designated as Gate D60. City of Miami Cemetery, 1984 34.7% 1,448,816 65.3% 2,730,350 Miami is a major center of commerce and finance and boasts a strong international business community According to the 2018 ranking of world cities undertaken by the Globalization and World Cities Research Network (GaWC) based on the level of presence of global corporate service organizations Miami is considered an Alpha level world city Miami has a Gross Metropolitan Product of $257 billion ranking 11th in the United States and 20th worldwide in GMP; There are four major projects related to PortMiami which are all scheduled to be ready by 2014: the expansion of the Panama Canal the PortMiami Deep Dredge Project the PortMiami Tunnel and the restoration of the bridge and rail line connecting the PortMiami to the mainland.
Although the railroads lifted the embargo in May 1926 the boom nevertheless fizzled out Disaster then followed in the shape of the September 1926 Miami Hurricane which drove many developers into bankruptcy the 1928 Okeechobee Hurricane and the Wall Street Crash of 1929 continued the catastrophic downward economic trend and the Florida land boom was officially over as the Great Depression began the depression and the devastating arrival of the Mediterranean fruit fly a year later destroyed both the tourist and citrus industries upon which Florida depended In a few years an idyllic tropical paradise had been transformed into a bleak humid remote area with few economic prospects Florida's economy would not recover until World War II Daytona International Speedway is home to various auto racing events. The housing market crash of 2007 caused a foreclosure crisis in the area in 2012 Forbes magazine named Miami the most miserable city in the United States because of the crippling housing crisis that cost multitudes of residents their homes and jobs in addition the metro area has one of the highest violent crime rates in the country and workers face lengthy daily commutes Like other metro areas in the United States crime in Miami is localized to specific neighborhoods In a 2016 study by the website 24/7 Wall Street Miami was rated as the worst U.S city in which to live based on crime poverty income inequality and housing costs that far exceed the national median.
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