Miami-Dade Approves Teams For $250M Mixed-Use Project

Law360, Miami (October 22, 2013, 4:58 PM EDT) -- The Miami-Dade Board of County Commissioners on Tuesday approved Miami's selection of two teams to build a $250 million mixed-use complex, including a hotel and retail space, on a pair of sought-after blocks in a distressed downtown neighborhood after negotiating a higher financial return in variances.

The city's Community Redevelopment Agency can now work on negotiations for final development agreements with Overtown Gateway Partners LLC and All Aboard Florida-Stations LLC, a division of Florida East Coast Industries Inc.'s planned Miami-to-Orlando passenger rail service, to bring the...
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