The Real Deal Miami

Miami-Dade commissioners to discuss courthouse financing

County voters could decide fate of bond issue for $550 million project
July 10, 2014 09:45AM

Miami-Dade County Courthouse

Miami-Dade County Courthouse

Miami-Dade voters could end up determining how construction of the county’s new downtown courthouse is funded.

A bond issue would be necessary to cover the $550 million cost to replace the historic Dade County Courthouse with a new one to be built on a parking lot owned by the All Aboard Florida developers. Miami-Dade commissioners are expected to vote in September on whether to put the bond financing proposal on the ballot in November. The commission is expected to discuss the issue during next Tuesday’s meeting.

Miami-Dade Circuit Judge Bertila Soto and law firm Stearns Weaver Miller Weissler Alhadeff & Sitterson shareholder Mary Barzee Flores are behind the proposal, according to the Daily Business Review. They cite the condition of the existing courthouse at 73 West Flagler Street. The courthouse, which was constructed in 1925, is rife with cracked columns, leaks and mold. [Daily Business Review]Eric Kalis