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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.