An $18 million Damien Hirst piece stands outside Miami’s hottest new hotel.

Why Go: The annual, four-day December Art Basel show only arrived in Miami in 2002. Yet it has forever changed the city—now more than ever before. Enter Alan Faena, an Argentine fashion designer turned cultural engineer, who took a forgotten warehouse district back home in Buenos Aires and reimagined it as a center for art and architecture. Here in America, Faena wanted the cultural energy of Art Basel to remain in Miami year-round,…