The Real Deal Miami

MIA renovations nearly done, debt is not

August 09, 2010 09:45AM

Miami International Airport

After more than a decade of delays, cost overruns and occasional
corruption, Miami International Airport’s makeover is nearly done,
complete with new terminals, shops and a new Skytrain on a 1.4-mile
track. The ultimate bill for the project is nearly $6.3 billion, an
amount that will likely be on the books for 30 years. County officials
are coming up with plans to pay off the debt, which probably will not be
paid off until 2041. One idea is to install slot machines in the
terminals. Another is to mine rock on county-owned land in the
northwestern areas of Miami-Dade County. [Miami
Herald]