Virgin Voyages unveils plans for $150M terminal at PortMiami

Arquitectonica is designing the project

TRD MIAMI /
Nov.November 28, 2018 01:45 PM

Rendering of Virgin Voyages terminal and Richard Branson (Credit: Getty Images)

Virgin Voyages unveiled its proposal for a multimillion-dollar terminal at PortMiami.

Virgin Group founder Richard Branson on Wednesday announced plans for the new 100,000-square-foot cruise terminal located on the northwest side of the port. Construction would begin if and when the Miami-Dade County Commission approves the project, which would be completed by November 2021.

The $150 million, two-story storm-proof glass terminal is being designed by Arquitectonica, according to a release.

Virgin’s Scarlet Lady ship will continue to dock in Miami through 2021 and the second ship will sail from Miami for the fall and winter cruise season of 2021/2022. Virgin recently became a minority investor in Brightline, which is rebranding to become Virgin Trains USA. The private passenger-train operator also recently filed with the SEC to go public.

Virgin isn’t the only cruise line to invested hundreds of millions of dollars into a new terminal at PortMiami. Earlier this year, Royal Caribbean unveiled a new 170,000-square-foot, ship-shaped facility, which it funded with a $247 million loan from Sumitomo Mitsui Banking Corp. and infrastructure support from the county.

In March, Norwegian Cruise Line Holdings unveiled its new PortMiami design scheduled for completion in the fall of next year.


Related Articles

arrow_forward_ios
Vladislav Doronin (Credit: Gesi Schilling via Wikipedia)

Billionaire developer Doronin buys Fort Lauderdale assemblage for $63M

Billionaire developer Doronin buys Fort Lauderdale assemblage for $63M
Seth Wise, Co-CEO of The Altman Companies, Altís Ludlam Trail

Altman scores $55M construction loan for Ludlam Trail project

Altman scores $55M construction loan for Ludlam Trail project
Joseph Swedroe (Corcoran, iStock)

Corcoran agent in Miami loses job over “racist and fear-based” marketing

Corcoran agent in Miami loses job over “racist and fear-based” marketing
Vanessa Grout with Vladislav Doronin

Vanessa Grout leaves Ugo Colombo’s firm to lead OKO Group’s real estate arm

Vanessa Grout leaves Ugo Colombo’s firm to lead OKO Group’s real estate arm
Rendering of the project with Jon Paul Pérez (top) and Jorge Pérez 

Related switches gears on Terminal Island project, now plans low-rise offices

Related switches gears on Terminal Island project, now plans low-rise offices
Edgardo Defortuna and a rendering of La Playa de Varadero

Not stopping for the pandemic: Fortune, Château could launch Sunny Isles project by year-end

Not stopping for the pandemic: Fortune, Château could launch Sunny Isles project by year-end
Richard Branson (Credit: Virgin, Cindy Ord/Getty Images)

Virgin Trains seeks $350M to build five stations in Miami-Dade

Virgin Trains seeks $350M to build five stations in Miami-Dade
Easton Group picks up land in Hialeah Gardens for $8M

Easton Group picks up land in Hialeah Gardens for $8M

Easton Group picks up land in Hialeah Gardens for $8M
arrow_forward_ios

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

Loading...