Miami

Freedom Park soccer plan passes touting billions for the city – Miami, Florida

Miami, Florida 2022-05-03 23:03:14 –

Written by John Charles Robins May 3, 2022

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Over eight years of quest to establish a Major League Soccer team in Miami culminated in a historic vote on April 28, leasing the city’s assets to David Beckham and his partners in 1999. approved.

The Mary’s Golf Course, next to Miami International Airport today, turns into Miami Freedom Park, which promises billions of revenues and hundreds of new jobs.

The owners of Inter Miami CF plan to repair the contaminated area and make it a base for professional soccer stadiums, sports parks and commercial development.

Beckham’s business partners Jorge and Josemas appeared in front of the committee at a special meeting of more than five hours and proudly spoke about the potential economic impact of development.

Jorge Masvidal said: “This is a legacy project for our family. The opportunity to make something like this happens once in a lifetime, and we have to do it the right way.”

Miami Mayor Francis Suarez, a longtime supporter of the project, said he would generate more than $ 2.3 billion in revenue during the 99-year lease.

“This deal will create the most living wage jobs in Miami’s history,” Suarez said to Ken Russell, who worked to incorporate living wage requirements into the 2018 referendum. He said he could thank him.

In 2018, city voters approved to negotiate and execute a 99-year lease of approximately 73 acres with Miami Freedom Park, abandoned bids, and made Merliese a football stadium, a million-square-foot office, and retail. Remodeled into a 750 hotel room for commercial use. 58 acres of park, etc.

According to Jorge Mas, the project will generate 15,000 direct and indirect jobs, 2,000 full-time jobs at Miami Freedom Park, and $ 40 million annually in property tax revenues for cities, counties and school districts. is.

“The construction and development of this stadium costs less than a penny of taxpayers’ dollars or a cent,” Mas said.

“This is a phenomenal deal for the city of Miami. I encourage you to give this item … it’s a miracle in Miami. Do the right thing. Let’s do what the owner of this property asked for. “Mayor Suarez said.

The company has agreed to improve the park and donate $ 25 million to the Miami River and the Baywalk in Biscayne Bay.
At the 11th hour, the company agreed that:

■ New appraisal.

■ Higher annual rent – ​​at least $ 4.3 million per year.

■ Pay for the maintenance of roads, lights and sidewalks in the new 58-acre park.

Mr. Mas said: There is no public subsidy. There are great financial benefits from tax revenues and new jobs … and I must first provide public benefits. There is no commercial development in front of the stadium. “

He added: “We will create the largest park in the city. It’s very important … we open the door to that property to all the public to share the family experience.”

The city council’s meeting room was packed for a special meeting with standing seats only.

In public comments, some people spoke both for and against the project.

Supporters advertised great financial benefits with new money and jobs, and hat wings for having a professional soccer team in the city.

Opponents said it was wrong to hand over public property to private developers and to abandon the only public golf course in the city. Some opposed the bid-ban transaction, while others complained that it would worsen traffic conditions around the airport.

Approval required four-fifths of the votes.

There was a 4 to 1 vote at the end of the special meeting. Commissioner Manolo Rays was the only uncontested election.

Commissioner Joe Carolo systematically presented a compromise to the originally proposed agreement that would bring high rent income and other guarantees to the city.

What seemed to be a predominantly collaborative and collaborative meeting swirled behind the screaming match between Commissioner Russell and Alex Diaz de la Portilla.

At 7:50 pm, Chair Christine King requested an immediate break from 15 to 30 minutes, with uniformed police officers adjoining the pedestal.

The meeting resumed at around 8:40 pm, and Mr. Russell addressed in the room and apologized for the explosion, but said he was very passionate about the matter.

One of the items Russell advocated in the final agreement was to ensure that there was no net loss of green space in the city, a requirement of the city’s charter.

The Melreese property is about 131 acres and is considered green space.

With the last-minute addition of the deal, Brother Mass and Mr. Beckham will be instructed to immediately begin negotiations with the University of Miami and participate in the stadium project. Therefore, if a contract is possible, the venue will be home to the college’s Hurricanes football team. It worked in 90 days.

Once the agreement is reached, the stadium could grow from 25,000 to over 40,000.

“This is the most important contract this agency has negotiated in our history,” Carolo said when he began to elaborate on the proposed changes to the proposed agreement.

Of the company’s $ 25 million donation for park improvement, Carolo demanded $ 20 million for park improvement and acquisition, and $ 5 million for the Miami River and Biscayne Bay bay walks.

Carolo thanked the mayor, mayor, and city lawyer for spending time working with staff to finalize the draft agreement.
“Thank you for the work you have done,” he said.

“The bottom line is that the deal has been slackened by hundreds of millions of dollars,” Carrollo said.

Chair King said, “Wow.”

Russell said: Our job is to make the best possible deal for the inhabitants. “

“My hope is to get this project going very quickly,” said Mass.



Freedom Park soccer plan passes touting billions for the city Source link Freedom Park soccer plan passes touting billions for the city

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