MIAMI--(BUSINESS WIRE)--Mar 31, 2026--
Miami is booming. Once defined by beaches and nightlife, the city has emerged as a serious business hub, attracting finance firms, technology companies, and international commerce at a pace few American cities can match. The transformation is real: this is a city being rebuilt for a new era.
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However, Miami sits at the intersection of ambition and vulnerability. King tide flooding that once occurred a handful of times per year now happens dozens of times annually, and sea levels continue to rise. The developers who will define Miami's next chapter are those who treat flood resilience as a foundational design principle rather than an afterthought.
As Miami continues its transformation into one of America's premier business destinations, Flood Risk America is helping commercial developers address one of the city's most pressing challenges: flood risk. The company provides end-to-end flood resilience solutions - from early-stage construction consulting to certified flood protection products - designed to protect assets across South Florida's increasingly climate-exposed landscape.
"Every building that rises in Miami today will face a more challenging climate environment in ten, twenty, and thirty years than it does at the moment of construction," said Stephen Gill, Managing Partner, at Flood Risk America. "Flood-resilient design doesn't add significant cost to a project - it redirects decisions that were going to be made anyway toward smarter outcomes."
Flood Risk America works with architects, engineers, and construction managers during the design and planning phases to identify vulnerabilities before they are built in. The company also manufactures and installs a comprehensive range of flood protection products including passive automatic barriers, emergency exit flood doors, flood panels for doors, windows, and elevator shafts, and perimeter protection systems for storm events.
Beyond construction, the company provides flood risk assessments, FEMA flood zone analysis, and documentation that supports insurance applications and regulatory submissions - critical in a Florida insurance market that has seen multiple carriers reduce exposure or exit entirely.
Flood Risk America has established relationships with developers and building owners across commercial office buildings, mixed-use waterfront developments, luxury residential towers, and below-grade infrastructure throughout Miami-Dade County.
About Flood Risk America
Flood Risk America is a Florida-based flood resilience company offering construction consulting, flood protection products, and risk assessment services for commercial and residential developers. For more information or to schedule a consultation, visit www.floodriskamerica.com or contact info@floodriskamerica.com.
Protecting Miami's top shopping destination, Mary Brickell Village.
NEW YORK (AP) — U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 on Tuesday as the Iran war pushed fuel prices to soar worldwide.
According to motor club AAA, the national average for a gallon of regular gasoline is now $4.02 — over a dollar more than before the war began. The last time U.S. drivers were collectively paying this much at the pump was nearly four years ago, following Russia’s invasion of Ukraine.
The price is a national average, meaning drivers in some states have been paying well over $4 a gallon for a while now. Prices vary from state to state due to factors ranging from nearby supply to differing tax rates.
Since the U.S. and Israel launched a joint war against Iran on Feb. 28, the cost of crude oil — the main ingredient in gasoline — has spiked and swung rapidly. That’s because the conflict has caused deep supply chain disruptions and cuts from major oil producers across the Middle East.
Motorists around the world are also coping with higher gas prices due to the war. In Paris, for example, gas is at 2.34 euros per liter ($2.68), which is about $10.27 a gallon.
Higher gas prices are impacting consumers and businesses as many households continue to face wider cost of living strains. And as drivers pay more to cover necessities like gas, many may be forced to cut their budgets in other places.
More expensive fuel can also push up other spending, from utility bills to the price of many goods consumers buy each day.
Consumer prices and the cost of living already have become flashpoints in this midterm election year, with Democrats especially hammering Trump and Republicans as the GOP tries to hold majorities on Capitol Hill. A recent AP-NORC poll found that 45% of U.S. adults are "extremely” or “very” concerned about being able to afford gas in the next few months, up from 30% shortly after Trump won the 2024 presidential election with promises to lower costs.
In the immediate future, analysts point to groceries, which have to be restocked frequently and could also see price hikes as businesses’ transportation costs pile up.
But hauling other cargo and packages has also been impacted. The United Postal Service, for example, is seeking a temporary 8% added charge on some of its popular products including Priority Mail.
U.S. diesel prices — the fuel used for many freight and delivery trucks — is now going for an average of $5.45 a gallon, up from about $3.76 a gallon before the war began, per AAA.
If the war drags on, it’s possible that those prices could tick up even higher. Most tanker movement in the key Strait of Hormuz, where roughly one-fifth of the world’s oil typically sails through, remains at a halt. That’s led to cuts from major producers in the region who have no way of getting their crude to market. Meanwhile, Iran, Israel and the U.S. have all struck oil and gas facilities, worsening supply concerns.
In a search for some relief, the International Energy Agency pledged to release 400 million barrels of oil from emergency stockpiles of member nations. That includes the U.S., despite Trump initially downplaying the need for reserve oil.
The Trump administration has also eased sanctions to free up some oil from Venezuela, and temporarily Russia. The White House also says it’s waiving maritime shipping requirements under a more than century-old law, known as the Jones Act, for 60 days.
It's not yet clear if those efforts will bring relief for consumers. A lot of factors contribute to gas prices.
Refineries buy crude oil in advance, meaning some could be work with more expensive oil for a while, and it will take time for any new supply to trickle down to consumers.
And while steep crude prices are a leading driver behind today’s surge, U.S. gas prices typically tick up a bit at this time of year. More drivers are hitting the road and trying to fuel up while they can, so there’s higher demand. Warming weather also brings a shift to summer blend fuel, which is more expensive to produce than winter blend.
The U.S., which is a net oil exporter, hasn't seen as stark a shock as other parts of the world that rely more heavily on fuel imports from the Middle East, notably Asia. But that doesn’t mean America is immune to price spikes.
Oil is a globally-traded commodity. And most of what the U.S. produces is light, sweet crude — but refineries on the East and West coasts are primarily designed to process heavier, sour product. As a result, the country also needs imports.
Escalating geopolitical conflicts have disrupted oil flows and contributed to a surge in gas prices in the past. The U.S. average for regular gasoline climbed to its highest level of more than $5 a gallon in June 2022, nearly four months after the Ukraine war began and world leaders imposed sanctions against Russia, a leading oil producer.
Prices at the pump later fell from that record. Before Tuesday, per AAA data, the national average had stayed below the $4 mark since mid-August of 2022.
Associated Press journalists Angela Charlton in Paris and Bill Barrow in Washington contributed to this report.
A woman fills her vehicle with fuel at a gas station, Monday, March 30, 2026, in Nashville, Tenn. (AP Photo/George Walker IV)
A vehicle passes a gasoline price board at a filling station in Philadelphia, Friday, March 27, 2026. (AP Photo/Matt Rourke)