The Real Deal Miami

Major potential investments for South Florida ports

April 03, 2010 10:30PM

Large-scale changes are being contemplated for South Florida ports,
including plans for an airport-like terminal serving several cruise
lines at the Port of Miami. A $29.5 million investment will be voted on
by the Broward County Commissioners tomorrow that would significantly
change Carnival and PLC’s terminals at Port Everglades. As part of the
plan, Carnival would guarantee a 60 percent higher percentage of
minimum passenger movement at the port. The plan for the Port of Miami
is expected to be released in a few months. According to a report last
month by Colliers International, increased export volume at South
Florida ports has helped industrial occupancy in the region. [SFBJ]