Miami: the Capital of Latin America

A city that was once a languid resort town is now a pulsating center of international trade and pop culture

By the time the first tourist hits the sand at Sunny Isles, Peruvian TV producer Jose Crousillat has been working the phones for hours, checking on his offices in Milan and Madrid. By afternoon he is in the Capitalvision studios videotaping Guadalupe, his latest Spanish-language telenovela, seen around the globe.

Meanwhile, out on trendy South Beach, Dutch businessman Ger Vrielink is busy sorting a barrage of faxes from German catalog clients waiting for pictures from the latest fashion shoots. With six photography teams out, at $20,000 per team per day, he is a happy man. "There is no place in the...