Miami Voters Approve Lease For $18M Waterfront Project

Law360, Miami (November 5, 2013, 10:31 PM EST) -- Plans to revamp a marina and restaurants on city-owned waterfront property in Miami's Coconut Grove neighborhood took a step forward Tuesday as voters approved a 50-year lease agreement between the city and a private developer, but pending legal challenges could still derail the deal.

The citywide referendum passed with 61 percent of the vote, according to preliminary results from the Miami-Dade County Board of Elections. A lawsuit pending in state court aims to block certification of the vote, and another seeks to void the city's deal...
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