Miami Herald

Could Goldman Sachs soon join the ranks of businesses moving to South Florida?

- Miami Herald Staff Writer Rebecca San Juan contribute­d to this report. Rob Wile: 305-376-3203, rjwile

Goldman Sachs might soon be among the ranks of corporatio­ns and entreprene­urs moving to South Florida, according to a report published by Bloomberg.

The business news outlet said Sunday the finance giant has been looking at potential office space “north of Miami,” including Palm Beach County and the Fort Lauderdale area, citing people familiar with the matter. The prospectiv­e office would include both investment and back-office profession­als, the people said.

In a statement, Goldman said it is “executing on the strategy of locating more jobs in high value locations throughout the US, but we have no specific plans to announce at this time.”

The past year has seen a flood of businesses and business profession­als choosing South Florida to open new offices, camp out until COVID-19 blows over, or relocate entirely. The biggest announceme­nt came from global real estate-investment group Blackstone, which said in October it planned to hire as many as 215 workers for a new tech office in MiamiDade. They were spurred in part by the Downtown Developmen­t Authority’s “Follow The Sun” campaign, which is offering businesses up to $150,000 over three years to set up shop in the city’s urban core.

Others announcing or fully making the jump in 2020 include technology­consulting firm Nucleus Research, previously based in Boston; New York-based investment firm Hidden Lake Asset Management; New York-based luxurycar-storage company Hagerty Garage and Social; and London-headquarte­red public-relations company Purple.

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