The Real Deal Miami

U.S. Sugar land buy gets state senate scorn

February 04, 2009 10:23AM

The $1.3 billion purchase of 180,000 acres of land to help restore the Everglades drew criticism from lawmakers who said the legislature won’t have any input on the deal. The transaction could mean a $3 billion debt for the 16-county South Florida Water Management District, and Senate Environmental Preservation and Conservation Committee chairman Lee Constantine, Republican of Altamonte Springs, said there were still questions about the land’s appraised value.