Judge rules against Matheson: Beckham’s Overtown land deal stands

Technicalities could push deadline to close on Overtown site until after Melreese vote

Miami /
Oct.October 11, 2018 03:30 PM

David Beckham and a rendering of the Overtown stadium

Bruce Matheson lost an appeal against Miami-Dade County’s no-bid land deal in Overtown with David Beckham and his partners.

The lawsuit and Matheson’s failed appeal actually bought the Beckham group more time, according to the Miami Herald.

While Beckham and his partners are now seeking approval from city of Miami residents to allow them to build a mixed-use soccer complex on the Melreese property near Miami International Airport, they still have a pending deal with the county to purchase 2.8 acres in Overtown for $9 million. That site is part of the assemblage where the Miami soccer team’s owners previously planned to build their Major League Soccer Stadium.

In his lawsuit, Matheson alleged that the county’s no-bid deal with Beckham was illegal. But the Third District Court of Appeal ruled that Florida law allows counties to award such deals if they promote economic development, the Miami Herald reported.

The Beckham group’s deal, approved by the commission in 2017, required a $450,000 down payment, plus another $901,500 in June of this year. The June deadline was extended due to Matheson’s suit, and now legal technicalities could give Beckham until after the Melreese referendum goes to voters on Nov. 6. [Miami Herald] – Katherine Kallergis


Related Articles

arrow_forward_ios
Novak Djokovic with the unit (Eighty Seven Park unit photo via Lenny Kagan, Djokovic via Getty)
Novak Djokovic sells Miami Beach condo for modest profit
Novak Djokovic sells Miami Beach condo for modest profit
 Adam Neumann (Getty, Bal Harbour Florida)
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Greg Norman and Tommy Hilfiger (Getty, iStock)
Buy this, sell that: South Florida luxury homeowners reshuffle during resi boom
Buy this, sell that: South Florida luxury homeowners reshuffle during resi boom
Tommy and Dee Olceppo Hilfiger with 313 Dunbar Road (Getty, Google Maps)
Tommy Hilfiger drops $21M for waterfront Palm Beach home
Tommy Hilfiger drops $21M for waterfront Palm Beach home
Dwyane Wade and Gabrielle Union with 5980 North Bay Road. (Getty, Brett Harris Homes)
Dwyane Wade, Gabrielle Union sell waterfront Miami Beach estate for $22M
Dwyane Wade, Gabrielle Union sell waterfront Miami Beach estate for $22M
Lynda Carter and the Four Seasons Residences at The Surf Club (Getty, Four Season)
“Wonder Woman” Lynda Carter drops $15M on Surf Club Four Seasons condo
“Wonder Woman” Lynda Carter drops $15M on Surf Club Four Seasons condo
249 Northwest 6th Street and Michael Swerdlow (Arquitectonica, Swerdlow Group)
Michael Swerdlow’s Block 55 in Overtown lands nearly $8M affordable housing grant
Michael Swerdlow’s Block 55 in Overtown lands nearly $8M affordable housing grant
Jennifer Lopez, Ben Affleck and their Miami Beach property. (Getty, Corcoran)
Jennifer Lopez and Ben Affleck are renting a Miami Beach mansion
Jennifer Lopez and Ben Affleck are renting a Miami Beach mansion
arrow_forward_ios

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

Loading...