logo
Miami Rapper Flo Rida is giving back to his hometown through investment

Miami Rapper Flo Rida is giving back to his hometown through investment

Miami Herald17-03-2025

In an industry where feuds and flashy displays of wealth often make headlines, rapper and entrepreneur Flo Rida is setting a different example. Born Tramar Dillard in Miami Gardens, Flo Rida has chosen to invest in his community in a way that fosters real economic empowerment. That's something worth celebrating.
His recent $10 million purchase of the Cloverleaf Plaza in his old Miami-Dade neighborhood is more than just a business move — it's a statement about reinvesting in Black entrepreneurship and creating sustainable and generational wealth where it's needed most.
Flo Rida's purchase of the Cloverleaf Plaza, now the city's first entirely Black-owned shopping center, was completed two years ago but officially unveiled at a Miami Gardens city hall ceremony and news conference in February, which happened to be Black History Month.
Many may not realize that Miami-Dade ranks fifth in the nation for Black-owned employer businesses, with Miami-Dade's Black consumer market valued at $5.5 billion — making it the 14th largest in the country, according to county figures. The county already celebrates Black Business Month every August.
In Miami-Dade, Black-owned businesses account for 51,285 of the county's 468,185 private businesses, representing 11% of all businesses. They generate more than $2.3 billion in annual sales and employ over 12,000 individuals., the county says.
Obviously, Flo Rida and his partner in the purchase, childhood friend Lee Prince, recognize the importance of small businesses. And so does Miami-Dade Mayor Daniella Levine Cava who recently hired Manny Cid, the former mayor of Miami Lakes, as Senior Advisor for Economic Opportunity in the county's Office of Innovation and Economic Development, with a focus on strengthening small businesses. We think that's a solid investment.
In Flo Rida's case, creating a hub for Black entrepreneurs — including hair salons, restaurant, florist, smoke shop, along with other small businesses — at the 28,000-square-foot strip mall may help create an incubator of opportunities for others in a minority neighborhood.
Beyond the financial benefits, his investment strengthens community security and may help preserve cultural identity. These Black-owned businesses serve the Black community, ensuring that money remains local.
Flo Rida's vision for the plaza, as reported by Miami Herald reporter Raisa Habersham, includes fostering a sense of pride and ownership among residents. This is critical in a county where gentrification is rapidly displacing residents of historically Black neighborhoods like Overtown, Liberty City and Brownsville.
The revitalized plaza is expected to serve as a catalyst for more community-driven investments. 'We are definitely proud of the fact that we had some of our local people decide to invest back into Miami Gardens,' said Miami Gardens Mayor Rodney Harris at the city hall ceremony.
Rather than allowing outside investors to take control, Flo Rida is ensuring economic benefits remain within the neighborhood. That deserves a tip of the hat. When celebrities and billionaires commit resources to their hometowns, they inspire a culture of reinvestment that can create lasting transformation and economic stability.
Flo Rida's investment could have broader impact. Black-owned businesses in Miami-Dade employ thousands and support a combined payroll exceeding $320 million. As these businesses grow, they create jobs, circulate wealth within the community and inspire future entrepreneurs.
And we must note that Flo Rida's dedication to his hometown and home state go beyond typical celebrity philanthropy. He isn't just donating money — he is actively shaping the future of Miami Gardens with a real estate investment.
Flo Rida's championing of the Cloverleaf Plaza is a strategic move toward economic empowerment within the Black community where he grew up.
Flo Rida's investment is a form of giving back. And that's something we could use more of in Miami-Dade County.
Click here to send the letter.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

2025 FIFA Club World Cup: Vision, Competition, And Controversy
2025 FIFA Club World Cup: Vision, Competition, And Controversy

Forbes

time30 minutes ago

  • Forbes

2025 FIFA Club World Cup: Vision, Competition, And Controversy

Lionel Messi #10 of Inter Miami CF applauds the fans while walking off the pitch following the FIFA ... More Club World Cup 2025 group A match between Al Ahly FC and Internacional CF Miami at Hard Rock Stadium on June 14, 2025 in Miami Gardens, Florida. (Photo by Carmen Mandato - FIFA/FIFA via Getty Images) Organized by the Fédération Internationale de Football Association (FIFA), the FIFA Club World Cup tournament showcases some of the premier soccer clubs from around the world. This year's tournament is held in the United States, and the format has been expanded to include 32 teams from six continents, with a total prize pool of $1 billion. The event has been transformed into a quadrennial competition and serves as somewhat of a warm-up for the 2026 FIFA World Cup. Stakeholders are hopeful that U.S. fans will embrace the tournament, and that its 2025 edition will be a colossal success. Although the event provides an opportunity to witness the best soccer clubs compete, there has been some controversy. Several Major League Soccer (MLS) players from the three competing teams—Seattle Sounders, Inter Miami, and Los Angeles FC—perceive this year's tournament as a 'cash grab' for the league. They have expressed concerns about being inadequately compensated, given the substantial prize money at stake. Their collective bargaining agreement (CBA) caps player earnings from outside competition at $1 million, while MLS teams benefit from financial incentives such as participation fees. For example, each MLS team is guaranteed to receive $9.55 million in the tournament. There have been attempts to remedy the situation. In addition to the CBA terms, MLS has reportedly proposed a deal based on performance incentives that would allow players to earn an additional 20 percent of the money generated from wins, draws, or team advancement. However, the players' union is seeking to secure 40 percent of all prize money for its members. Another discussion topic prior to the tournament involved Boca Juniors' standout defender, Ayrton Costa, who was initially denied a visa to enter the U.S. due to his involvement in an aggravated robbery case in Argentina in 2018. However, that decision has since been reversed, and Costa has been granted a 26-day special visa, according to Reuters, as reported by a club spokesman. For those unfamiliar, Club Atlético Boca Juniors is one of the most historic and popular soccer clubs in Argentina and throughout Latin America. The club is based in the La Boca district of Buenos Aires, a neighborhood known for its working-class roots and rich traditions. Famous alumni include cultural icon Diego Maradona, along with Juan Román Riquelme, Martín Palermo and others. With the United States is set to host the 2026 FIFA World Cup, multiple cities are preparing to serve as venues for the matches, facing logistical and coordination challenges associated with organizing a large-scale international soccer tournament. The 2025 FIFA Club World Cup is somewhat of a test run for U.S. cities, with games being held in 12 locations across the country. There are concerns regarding border control and the presence of Immigration and Customs Enforcement (ICE) at the events. Despite these potential issues, the tournament is seen as an opportunity to elevate the sport of soccer on a global scale and to boost national interest in the lead-up to 2026. Several of the top international soccer players are competing in the 2025 FIFA Club World Cup. Established stars such as Lionel Messi (Inter Miami), Kylian Mbappé (Real Madrid), and Erling Haaland (Manchester City) have either participated or are expected to participate, while emerging talents may also leave their mark. Messi played in the opening match for Inter Miami CF against the Egyptian team Al Ahly SC, which ended in a 0-0 draw. The atmosphere at Hard Rock Stadium in Miami was electric, with 60,927 spectators in attendance and a significant presence of global media. Notably, a few prominent players, including Cristiano Ronaldo, Lamine Yamal, and Mohamed Salah, will not be participating in this tournament for various reasons. Jamal Musiala #42 of FC Bayern Munchen celebrates with teammates after scoring his team's eighth ... More goal during the FIFA Club World Cup 2025 group C match between FC Bayern München and Auckland City FC at TQL Stadium on June 15, 2025 in Cincinnati, Ohio. (Photo by) As previously mentioned, the FIFA Club World Cup will now occur every four years. The current champions are Manchester City, who defeated Fluminense 4–0 in the 2023 final match. This year, Paris Saint-Germain, Real Madrid, Manchester City, and Bayern Munich are considered leading contenders to win the tournament. There has already been history made. In their debut, Bayern Munich defeated Auckland City 10-0 in a clear mismatch game in Group C, marking the largest margin of victory in the tournament's history. The victory included a hat-trick by Jamal Musiala, along with brilliant play from Michael Olise, Kingsley Coman, and Thomas Müller. Champions League winner Paris Saint-Germain defeated Atlético Madrid 4-0 in another impressive opening game performance. There is always risk with strategic leadership decisions. Auckland City's significant defeat may signal detractors and resistance to the new 32-team format. However, as competition intensifies, FIFA hopes that this new format will help them achieve the vision outlined in its 2020 Annual Report, which emphasizes global expansion and inclusion. With a total of 63 matches scheduled over 29 days, this tournament promises to showcase exciting games and unforgettable moments.

Industrial Lubricants Market worth $74.3 billion by 2029, at 3.1%, says MarketsandMarkets™
Industrial Lubricants Market worth $74.3 billion by 2029, at 3.1%, says MarketsandMarkets™

Yahoo

timean hour ago

  • Yahoo

Industrial Lubricants Market worth $74.3 billion by 2029, at 3.1%, says MarketsandMarkets™

Delray Beach, FL, June 15, 2025 (GLOBE NEWSWIRE) -- In terms of value, the Industrial Lubricants Market size was USD 63.9 billion in 2024 and is projected to reach USD 74.3 billion by 2029, at a CAGR of 3.1%, between 2024 and 2029, as per the recent study by MarketsandMarkets™. The market is projected to grow because of growing demand for processed foods, mounting demand from construction, agriculture, mining and marine industries and growing automation in end-use industries. These industrial lubricants play a crucial role in various applications in various end-use industries such as construction, power generation and others. In addition, due to the increasing population, increasing demand for renewable energy, technological advancements and changing consumer preferences the demand for industrial lubricants can increase due to various applications. Download PDF Brochure: Browse in-depth TOC on 'Industrial Lubricants Market' 388 - Market Data Tables 59 – Figures 327 - Pages List of Key Players in Industrial Lubricants Market: Shell plc (UK) Exxon Mobil Corporation (US) BP p.l.c. (UK) Chevron Corporation (US) TotalEnergies SE (France) PetroChina Company Limited (China) ENEOS Holdings, Inc. (Japan) China Petroleum & Chemical Corporation (China) Idemitsu Kosan Co., Ltd. (Japan) Drivers, Opportunities and Challenges in Industrial Lubricants Market: Drivers: Mounting demand from construction, mining, agriculture, and marine industries across worldwide Restraint: Strict environmental norms Opportunity: Growing demand for renewable energy Challenge: Fluctuating prices of raw materials Get Sample Pages: Key Findings of the Study: Metalworking fluid product type are projected to register the third-highest CAGR, in terms of value, of the global industrial lubricants market during the forecast period. Synthetic oil is estimated to be the second-largest base oil type of industrial lubricants market, in terms of value, during the forecast period. Europe is estimated to be the second-largest market for the lubricants market, in terms of value, during the forecast period. Based on base oil type, the industrial lubricants market is segmented as mineral oil, synthetic oil, and bio-based oil. From them, mineral oil accounted for largest market share, in terms of value, in 2023. They are the most compatible with a wide variety of materials and seals commonly used in machinery and equipment. Moreover, they are typically less expensive due to low production cost. Also, they are easily available in different regions. Therefore, mineral oil lubricants accounted for largest share in industrial lubricants market. Based on end-use industry, the industrial lubricants market is segmented into ten key sub-segments as construction, cement production, metal & mining production, oil & gas, power generation, textile, food processing, chemical, automotive (vehicle manufacturing) and others. The construction end-use industry sub-segment is accounted for the largest share in terms of value, in 2023. This is mainly due to the rising construction activities around the world as the worlds populations is increasing rapidly. Therefore, construction end-use industry sub-segment is accounted for the largest share. Get Customization on this Report: Based on region, Asia Pacific is the largest market industrial lubricants, in terms of value, in 2023 due to the due to its robust economic growth, increasing population, rapid industrialization rising disposable incomes, and favourable government regulations. Moreover, densely populated countries such as China and India experience high demand across various sectors, including automotive, manufacturing, construction, and agriculture. Thus, the demand for industrial lubricants is high in Asia Pacific region. Likewise, the Asia Pacific is projected to be the fastest growing market, in terms of value, during the forecast period 2024 to 2029. Browse Adjacent Markets Bulk Chemicals and Inorganics Market Research Reports Related Reports: Lubricants Market Global Chemical Industry Outlook 2025 Biodegradable Plastic Additives Market Industrial Fasteners Market CONTACT: About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445, USA: +1-888-600-6441 Email: sales@ Visit Our Website: in to access your portfolio

Industrial Lubricants Market worth $74.3 billion by 2029, at 3.1%, says MarketsandMarkets™
Industrial Lubricants Market worth $74.3 billion by 2029, at 3.1%, says MarketsandMarkets™

Yahoo

time2 hours ago

  • Yahoo

Industrial Lubricants Market worth $74.3 billion by 2029, at 3.1%, says MarketsandMarkets™

Delray Beach, FL, June 15, 2025 (GLOBE NEWSWIRE) -- In terms of value, the Industrial Lubricants Market size was USD 63.9 billion in 2024 and is projected to reach USD 74.3 billion by 2029, at a CAGR of 3.1%, between 2024 and 2029, as per the recent study by MarketsandMarkets™. The market is projected to grow because of growing demand for processed foods, mounting demand from construction, agriculture, mining and marine industries and growing automation in end-use industries. These industrial lubricants play a crucial role in various applications in various end-use industries such as construction, power generation and others. In addition, due to the increasing population, increasing demand for renewable energy, technological advancements and changing consumer preferences the demand for industrial lubricants can increase due to various applications. Download PDF Brochure: Browse in-depth TOC on 'Industrial Lubricants Market' 388 - Market Data Tables 59 – Figures 327 - Pages List of Key Players in Industrial Lubricants Market: Shell plc (UK) Exxon Mobil Corporation (US) BP p.l.c. (UK) Chevron Corporation (US) TotalEnergies SE (France) PetroChina Company Limited (China) ENEOS Holdings, Inc. (Japan) China Petroleum & Chemical Corporation (China) Idemitsu Kosan Co., Ltd. (Japan) Drivers, Opportunities and Challenges in Industrial Lubricants Market: Drivers: Mounting demand from construction, mining, agriculture, and marine industries across worldwide Restraint: Strict environmental norms Opportunity: Growing demand for renewable energy Challenge: Fluctuating prices of raw materials Get Sample Pages: Key Findings of the Study: Metalworking fluid product type are projected to register the third-highest CAGR, in terms of value, of the global industrial lubricants market during the forecast period. Synthetic oil is estimated to be the second-largest base oil type of industrial lubricants market, in terms of value, during the forecast period. Europe is estimated to be the second-largest market for the lubricants market, in terms of value, during the forecast period. Based on base oil type, the industrial lubricants market is segmented as mineral oil, synthetic oil, and bio-based oil. From them, mineral oil accounted for largest market share, in terms of value, in 2023. They are the most compatible with a wide variety of materials and seals commonly used in machinery and equipment. Moreover, they are typically less expensive due to low production cost. Also, they are easily available in different regions. Therefore, mineral oil lubricants accounted for largest share in industrial lubricants market. Based on end-use industry, the industrial lubricants market is segmented into ten key sub-segments as construction, cement production, metal & mining production, oil & gas, power generation, textile, food processing, chemical, automotive (vehicle manufacturing) and others. The construction end-use industry sub-segment is accounted for the largest share in terms of value, in 2023. This is mainly due to the rising construction activities around the world as the worlds populations is increasing rapidly. Therefore, construction end-use industry sub-segment is accounted for the largest share. Get Customization on this Report: Based on region, Asia Pacific is the largest market industrial lubricants, in terms of value, in 2023 due to the due to its robust economic growth, increasing population, rapid industrialization rising disposable incomes, and favourable government regulations. Moreover, densely populated countries such as China and India experience high demand across various sectors, including automotive, manufacturing, construction, and agriculture. Thus, the demand for industrial lubricants is high in Asia Pacific region. Likewise, the Asia Pacific is projected to be the fastest growing market, in terms of value, during the forecast period 2024 to 2029. Browse Adjacent Markets Bulk Chemicals and Inorganics Market Research Reports Related Reports: Lubricants Market Global Chemical Industry Outlook 2025 Biodegradable Plastic Additives Market Industrial Fasteners Market CONTACT: About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445, USA: +1-888-600-6441 Email: sales@ Visit Our Website: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store