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

Developer South Beach ACE's probable suit against city causes concern

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

From left: Edgardo Defortuna, Stephan Burke, Ron Shuffield, Ana Bozovic, Carol Cassis, and Mark Zilbert

South Florida’s residential sales shift to virtual reality as business slows

From left: Eden Roc and BLT Prime Trump National Doral (Credit: Acroterion/Wikipedia, and Trump International Hotels Management LLC)

Trump National Doral restaurant, Eden Roc hotel lay off hundreds

The city of Miami Beach issued a stay-at-home order (Credit: iStock)

Miami Beach becomes first South Florida city to order residents to stay at home

From left: Miami Beach Mayor Dan Gelber, and Miami-Dade Mayor Carlos Gimenez (Credit: Twitter, Ryan Holloway/ Armando Rodriguez Miami-Dade County Photographers, and iStock)

All hotels, short-term rentals in Miami-Dade ordered to shut down due to coronavirus

5242 North Bay Road and Cyril Matz (Credit: Google Maps)

Waterfront North Bay Road home sells for $7M

4403 Pine Tree Drive with Mendel Fellig and Oren Alexander (Credit: Douglas Elliman, Sean Zanni/Patrick McMullan via Getty Images)

Car insurance mogul flips Miami Beach waterfront estate

Daniel Glass and Eighty Seven Park (Credit: Charley Gallay/Getty Images for Citi)

Music exec, Goldman Sachs director snag condos at Eighty Seven Park

Anthony Kennedy Shriver and Alina Shriver (Credit: Venturelli/WireImage/Getty Images)

JFK’s nephew sells waterfront Miami Beach home