Beckham group faces deadline on new stadium site

Miami /
May.May 12, 2014 10:30 AM

David Beckham’s investment group has one week to decide if it wants to pursue a waterfront downtown Miami soccer stadium site recommended by Miami-Dade Mayor Carlos Gimenez.

Beckham’s real estate confidant, John Alschuler, told the Miami Herald last week that the group would be on board with the idea to convert a large boat slip between Museum Park and AmericanAirlines Arena if the cost is near $250 million. That’s how much Miami Beckham United projected would be necessary to privately fund construction of a Major League Soccer Stadium at PortMiami. The county-owned downtown site, known as Parcel B, is frequently used as a staging location for arena events.

Like the proposed port site, Parcel B would present challenges for Beckham’s group. Filling the boat slip and constructing the stadium requires a series of permits from local, state and federal departments. The group would still have to persuade opponents that a stadium is the best use for a public property.

“You’re basically giving away public land,” Tropical Audubon Society executive director Laura Reynolds told the Herald. Reynolds sent the county a letter opposing the proposed site last week. Former Miami Mayor Manny Diaz is also against the idea. [Miami Herald]Eric Kalis


Related Articles

arrow_forward_ios
Lil Wayne and 6480 Allison Road in Miami Beach (Getty Images, Become Legendary/Douglas Elliman Realty)
Lil Wayne lists Miami Beach mansion for $30M
Lil Wayne lists Miami Beach mansion for $30M
Jane Holzer with 980 S Ocean Boulevard (Getty)
Warhol star Baby Jane Holzer’s planned Palm Beach mansion advances
Warhol star Baby Jane Holzer’s planned Palm Beach mansion advances
Christian Slater with 3618 Saint Gaudens Road (Getty Images, 1oak Studios)
Christian Slater sells Coconut Grove home after three-way bidding war
Christian Slater sells Coconut Grove home after three-way bidding war
Jeff Bezos and his parents, Jackie and Mike Bezos, with 9501 Journeys End Lane (Douglas Friedman, Getty)
Jeff Bezos’ parents close on second Coral Gables mansion for $44M
Jeff Bezos’ parents close on second Coral Gables mansion for $44M
Tom Joyner with 469 Ocean Boulevard (Getty, Mike Ruiz)
Tom Joyner sells oceanfront Golden Beach home for $19M
Tom Joyner sells oceanfront Golden Beach home for $19M
Jeff Bezos and his parents, Jackie and Mike Bezos, with 9475 Journeys End Road (Douglas Elliman Realty, Illustration by The Real Deal with Getty)
Jeff Bezos’ parents tied to $34M purchase of waterfront Coral Gables mansion
Jeff Bezos’ parents tied to $34M purchase of waterfront Coral Gables mansion
Marc Anthony with One Thousand Museum (Getty, Refin)
Marc Anthony among buyers at Zaha Hadid-designed One Thousand Museum
Marc Anthony among buyers at Zaha Hadid-designed One Thousand Museum
Rush and Kathryn Adams Limbaugh along with 1495 North Ocean Boulevard in Palm Beach (Getty Images, Zillow, iStock)
Rush Limbaugh’s oceanfront Palm Beach estate marketed for sale, asking up to $175M
Rush Limbaugh’s oceanfront Palm Beach estate marketed for sale, asking up to $175M
arrow_forward_ios

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

Loading...