Convention Center Hotel Hits a Roadblock
The Miami Beach Convention Center managed to make several headlines after plans were in the works to build an accompanying hotel designed largely for use during multi-day events. Unfortunately, city politicians will have to go back to the drawing board after voters decided to put the kibosh on a ground lease for the hotel that would have been linked to the convention center.
For the hotel plans to move forward, the voting threshold would need to have reached sixty percent, but unfortunately fell 989 votes short of the necessary approval that would have allowed leasing the public land. Many tourism officials and Mayor Philip Levine himself heavily favored and campaigned for the hotel deal. Levine states that he will continue to work with his colleagues to ensure that progress on the convention center corridor continues.
The Miami Beach Convention Center is in the midst of an expansion and renovation valued at over $500 million. Had the plans for the $400 million hotel panned out, there would have been a total of 800 rooms and the building itself would have been 288 feet tall. It would also have been privately financed.
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