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ESTIMATING COMPETITION<br />
From December 1 - 7, 2014, a week long arts festivity called Miami Art Week takes places.<br />
Approximately twenty art fairs participate, positioned in the area between Miami’s Wynwood<br />
Art District, Downtown Miami and Miami Beach.<br />
Miami Beach Art Fairs outside of Art Basel include: Aqua Art Miami, Design Miami, Ink<br />
Miami, NADA Art Fair, PULSE Miami, SELECT Fair, Scope Miami, and Untitled.<br />
Additional Miami Art Fairs include: Art Miami, ArtSpot, Concept-Fair, CONTEXT,<br />
Fridge Art Fair, Miami Photo Salon, Miami Project, Miami River Art Fair, Pinta, PRIZM,<br />
Red Dot Art Fair, Sculpt Miami, Spectrum<br />
SALES POTENTIAL<br />
In 2013, a total of 75,000 visitors visited Basel over five days, with more projected in 2014.<br />
Basel currently has nearly 500,000 sq feet of exhibition space.<br />
The space offers more than $3 billion of art (Claritas, 2014).