Coffee, condos and shopping: Track top business changes in South Florida
Coffee rankings, luxury condos and grocery shopping are among the changes this week in Miami business.
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Here’s a rundown of the top stories shaping South Florida’s economy:
- Miami named a top coffee city: Miami ranked as the third-best coffee city in America in a September WalletHub study, joining Orlando (No. 1) and Tampa (No. 6) in the Top 10, with local residents spending nearly $151 on coffee annually.
- Bugatti unveils Miami condo tower: The French automaker announced its first American branded residential project, a 60-story, 183-unit tower along the Miami River. Bugatti Residences Miami is being developed by Prosper Group and Versluys Group, with sales expected to launch next year.
- New defense startup pipeline launches: Misfit Labs and Fort Myers-based Black Mountain Strategies are teaming up to help entrepreneurs build military and defense tech startups. The venture aims to draw more veterans into entrepreneurship, targeting AI, cybersecurity, energy and communications.
- Kalshi rolls out Spanish-language app: The federally regulated prediction market platform launched a Spanish-language version after Spanish-speaking traffic surged fivefold since early 2026. Spanish speakers now make up 12% of the platform’s users.
- ‘The Big WD’ shuts its doors: The 57,000-square-foot Winn-Dixie on Coral Way in Miami, open since 1990, has closed permanently and will be converted to an Aldi in 2027. It’s the second landmark Winn-Dixie in the Miami area to close in recent months.
This report was produced with the assistance of a proprietary tool powered by artificial intelligence and using our own originally reported, written and published content. It was reviewed and edited by our journalists.
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