At what time is the Orange Bowl Parade historically held?

The Orange Bowl Parade took place on New Year’s Eve night in Miami, Florida. The parade, which took place on Biscayne Boulevard in downtown Miami, ended its 65-year tradition in 2001 due to a lack of corporate sponsorships when national television contracts expired in 1997.

The parade was a nationally televised event known for its decorative lighted floats. The cost of staging the event rose to $1 million dollars, and the city lost more than $200,000 after the last parade. The revenue shortfall was the primary reason that Miami officials voted to end the parade. The parade was also facing declining attendance.