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Blackstone Joins Rush to Miami With Office for Technology Staff

  • South Florida has worked to lure finance companies to area
  • State’s lack of income tax is a draw for investment industry
Photographer: Cliff Hawkins/Getty Images

Blackstone Group Inc. plans to open an office in the Miami area and hire about 215 workers as South Florida lures more finance and investment firms.

The location will mostly house back-office technology employees. Investment professionals won’t be based there, for now.