Foundation cancels Beach convention center event after rulings on $1B redevelopment

Miami /
Nov.November 07, 2013 11:10 AM

A foundation with 33,000 members scrapped plans to hold its 2016 conference at the Miami Beach Convention Center, citing concerns that the proposed $1 billion redevelopment of the center could be delayed or defeated by voters.

The International Foundation of Employee Benefit Plans sent a letter to city convention and tourism officials canceling the educational conference and the hotel reservations for would-be attendees, South Florida Business Journal reported. Miami Beach voters passed a charter change during Tuesday’s elections that requires a supermajority of 60 percent to approve leases tied to the convention center project. That outcome has fueled speculation that the South Beach ACE team selected for the redevelopment could file a lawsuit against the city.

In June, city commissioners chose South Beach ACE to rehabilitate the convention center and build an 800-room hotel and 90,000 square feet of retail and restaurant space. [SF Business Journal] — Eric Kalis


Related Articles

arrow_forward_ios
Alex Rodriguez, Ken Griffin and the Star Island property at 14 Star Island Drive (Getty, Miami Dade)
A-Rod buys Star Island waterfront property from Ken Griffin
A-Rod buys Star Island waterfront property from Ken Griffin
6345 Collins Avenue (Google Maps, Getty)
Deauville owners offer $200M for historic Casablanca Miami Beach
Deauville owners offer $200M for historic Casablanca Miami Beach
One Thousand Museum (Google Maps, Getty)
One Thousand Museum closing tops Miami-Dade’s weekly condo sales
One Thousand Museum closing tops Miami-Dade’s weekly condo sales
Jerry Robins (Legacy)
Robins family patriarch Jerry Robins dies at 86
Robins family patriarch Jerry Robins dies at 86
Ronny Finvarb with rendering of plans for a new project in Sunset Harbour (Finvarb Group, Getty)
Ronny Finvarb proposes new resi project in Sunset Harbour
Ronny Finvarb proposes new resi project in Sunset Harbour
Lennar Corp.’s Stuart Miller with a rendering of the property
Stuart Miller plans yet another Star Island mega manse
Stuart Miller plans yet another Star Island mega manse
2201 Collins Avenue (Google Maps)
Zaha Hadid’s former W South Beach condo sells — again
Zaha Hadid’s former W South Beach condo sells — again
Montford Group' Sunju Patel and Opterra Capital Glenn Alba with 2940 Collins Avenue (Montford Group, Getty)
Montford, Opterra JV buys Hilton Garden Inn Miami Beach for $28M
Montford, Opterra JV buys Hilton Garden Inn Miami Beach for $28M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...