There’s a revolution taking place around the world. The car industry is going electric. Mercedez-Benz by 2030 will be fully electric. Volvo is doing the same. General Motors is moving to all electric by 2035. And, of course, Tesla - which pioneered the wave to electric - has become the most valuable car maker in the world.
It’s an important change in the broader effort to shift the global economy to one that’s carbon neutral. It’s one of five areas that must change to achieve net zero: how we get around, where we get our power from, how we produce our food and how we manufacture things and how we heat and cool our buildings.
But, as this shift takes place in the auto industry, what about another industry that is near and dear to South Florida. Real estate development. How can a similar revolution be launched in the built environment - in the dwelling we live in, stores we shop in and office where we work. And how can Miami lead the way?
Tony Cho worked as a nightclub promoter during the heady days of South Beach in the 1990s, then in 2005 he founded Metro 1 Properties, launching a commercial real estate career as a broker, investor and developer helping propel emerging neighborhoods such as Wynwood and Little Haiti.
But last year Tony decided to make a change. He launched an effort called Future of Cities, a new organization focused on redefining real estate and community development in the post-pandemic world.