The Real Deal Miami

Miami Marine Stadium repairs would be less costly than originally estimated

February 01, 2010 11:34AM

A new engineering study puts the cost of repairs on the historic Miami Marine Stadium between $5.5 million and $8.5 million, a steep discount from the $15 million previously estimated by the city. The Simpson Gumpertz & Heger study, funded by the World Monuments Fund and several preservation groups and advocates, was more in-depth than the one commissioned by the city, and should boost chances for the vacant, deteriorating stadium to be restored. Miami Mayor Tomás Regalado has called for a renovation proposal for the landmark stadium, which was built in 1964 and has been closed since Hurricane Andrew in 1992, by the end of March. It is unclear as of yet where funding for the project would come from — the city is already facing severe budget shortfalls — but Regalado said he hopes for state or federal grants or a partnership with a private entity. The full engineering study from Simpson will be made public tomorrow. [Miami Herald]