Miami is ranked as a global city for its importance in finance, commerce, media, entertainment, arts and international trade. The city is home to many company headquarters, banks, and television studios. It is an international center for popular entertainment in television, music, fashion, film, and the performing arts. The city's Port of Miami is known for accommodating the largest volume of cruise ships in the world and is home to many cruise line headquarters. Miami is also home to the largest concentration of international banks in the United States.
As of 2008, Miami is undergoing a large building boom with 24 skyscrapers that are expected to rise over 400 feet (122 m) currently under construction in the city. Miami’s skyline ranks third in the U.S., behind New York City and Chicago, and 18th in the world according to the Almanac of Architecture and Design. The city currently has nine of the ten tallest skyscrapers in the state of Florida, with the tallest being the 789-foot (240 m) Four Seasons Hotel & Tower.
In 2008, Miami was ranked as "America's Cleanest City" according to Forbes Magazine for its year-round good air quality, vast green spaces, clean drinking water, clean streets and city-wide recycling programs. In 2008, Miami was also ranked the 3rd-richest city in the United States and the world's 22nd-richest city in a UBS study.
The Miami area was first inhabited for more than one thousand years by the Tequesta Indians, but was later claimed for Spain in 1566 by Pedro Menéndez de Avilés. A Spanish mission was constructed one year later in 1567. In 1836, Fort Dallas was built, and the Miami area subsequently became a site of fighting during the Second Seminole War.
Miami and its metropolitan area grew from just over one thousand residents to nearly five and a half million residents in just 110 years (1896-2006). The city’s nickname, The Magic City, comes from this rapid growth. Winter visitors remarked that the city grew so much from one year to the next that it was like magic.
At only 35.68 square miles (92 km2) of land area, Miami has the smallest land area of any major U.S. city with a metro area of at least 2.5 million people. The city proper is home to less than 1 in 13 residents of South Florida. Additionally, 52% of Miami-Dade County’s population doesn't live in any incorporated city. Miami is the only major city in the United States bordered by two national parks, Everglades National Park on the west, and Biscayne National Park on the east.
Miami and its suburbs are located on a broad plain between the Florida Everglades to the west and Biscayne Bay to the east that also extends from Florida Bay north to Lake Okeechobee. The elevation of the area never rises above 40 ft (12 m) and averages at around 6 ft (2 m) above mean sea level in most neighborhoods, especially near the coast. The highest undulations are found along the coastal Miami Rock Ridge, whose substrate underlies most of the eastern Miami metropolitan region. The main portion of the city lies on the shores of Biscayne Bay which contains several hundred natural and artificially-created barrier islands, the largest of which contains Miami Beach and South Beach. The Gulf Stream, a warm ocean current, runs northward just 15 miles (24.1 km) off the coast, allowing the city's climate to stay warm and mild all year.
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